Alt-E: Crossing The Valley of Death
12/02/08 12:43
We admit Alternative Energy isn’t our usual topic - however it is a crucial component of the energy equation. Alt-E companies from startups to General Electric wind turbines have three new challenges which is not good news unless you’re a fossil fuel company.
1. Project Finance has largely dried up. The construction & operating loans that builds wind farms, solar arrays or biofuel refineries that sell electricity (or biofuel) to electric utilities or fuel distributors are gone to the twin victims of credit-crunch, lower energy purchase prices and lower energy demand...Read More...
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