Wells Fargo to invest $100mn in solar PV projects

Wells Fargo & Co. investing $100 million in solar photovoltaic PV projects SunEdison US Puerto Rico

Wells Fargo & Co. (NYSE: WFC) and its subsidiaries are investing more than $100 million of tax equity financing to fund solar photovoltaic (PV) projects in the U.S. developed by SunEdison Inc. (NYSE: SUNE). The investments will happen in 2013 and 2014.

Wells Fargo has provided more than $950 million of tax equity and construction financing for more than 200 solar projects developed by SunEdison located in 13 U.S. states and in Puerto Rico.

Read more financial news

Sponsored by FLSmidth
Recommend this article Recommend this article () You recommended this article You recommended this article ()
Follow Power Engineering on Twitter

Products Showcase

Dynamic Fluoride Ion cleaning DFIC of industrial natural gas turbines Hi-Tech Furnace Systems

Dynamic Fluoride Ion Cleaning of IGT Parts

The Dynamic Fluoride Ion Cleaning (DFIC) Process from Hi-Tech Furnace Systems is able to clean deep, narrow cracks of oxides by cycling between negative, atmospheric, and positive pressure.

Latest News

Shutterstock coal production trucks

Weekly Coal Production

The Weekly Coal Production shows how much coal is being produced across the U.S.

Federal Reserve Bank of Dallas Weekly Economic Indicators financial business

The Federal Reserve Bank of Dallas' Economic Indicators

The Federal Reserve Bank of Dallas offers a glimpse into how the markets are doing domestical...

Kvaerner awarded contract for gas-fired power plant in Delaware

Kvaerner North American Construction Inc. and its joint venture partner, Parsons Brinckerhoff...

Canadian Solar purchases two solar projects

Canadian Solar Inc. has acquired a majority interest in two utility-scale solar power project...

Operators Restart Unit 2 at PPL Susquehanna

Unit 2 at the PPL Susquehanna nuclear power plant near Berwick, Pa. resumed generating electr...

Settlement agreement limits cost recovery at Edwardsport

The Indiana Utility Regulatory Commission (IURC) on Dec. 27 modified and approved a settlemen...

Toshiba in talks to sell portion of Westinghouse nuclear unit

Toshiba Corp is in talks  to sell up to 16% of its stake in the Westinghouse Electric Co...

Utah nixes nuclear waste storage facility

Plans to park radioactive waste at a storage facility in Utah have been officially called off.

Archived Articles

2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013

Power Engineering Current Issue

03/01/2014
Volume 118, Issue 3
1403PE-cover

Buyers Guide Company Listings

Datapartner Inc

Our software Invest for Excel is used by more than 100 power companies worldwide for capital budgeting, financial modeling and valuation. We also offer a Sharepoint solution for capex portfolio.

Interdevelopment Inc

Offers management consulting and marketing, financing for power plants, particularly energy production by renewable fuels, such as wind/solar/biomass power, including compliance issues.

The Clifton Corp

Engineering and development company specializing in water resources, hydro and solar power and biogas/methane facilities. Provides development services from engineering, economic and financial feasibility to financing and operations and maintenance.

Valentin Software Inc

Valentin Software is the largest, most comprehensive and oldest developer of solar PV and thermal design, simulation, modeling and financial analysis software, with customers in over 70 countries.

Power Industry Wire News

marcus evans to Host the 14th Annual Outage Response and Restoration Management Conference on October 20-22, 2014 in Atlanta, GA

marcus evans to Host the 14th Annual Outage Response and Restoration Management Confere...

Greensmith Sees Dramatic Growth in Grid-Scale Energy Storage Market

Greensmith Sees Dramatic Growth in Grid-Scale Energy Storage Market

Victory Energy Concludes Fairway Acquisition

Victory Energy Concludes Fairway Acquisition

ARCOS Provides New Logistics Features in Latest Release of Crew Manager Software

ARCOS Provides New Logistics Features in Latest Release of Crew Manager Software

Algae Biomass Summit Launches White House Petition to Encourage EPA to Approve CO2 Recycling as Emissions Reduction Strategy

Algae Biomass Summit Launches White House Petition to Encourage EPA to Approve CO2 Recy...

Power Engineering

Article Archives for Power Engineering Magazine

Continuing Education

Professional Development Hours

To access a course listing associated to a specific topic listed below, click on the topic of choice from the list below.

Latest Energy Jobs

View more Job Listings >>