Tag: banking

United States Wants Local Banks to Invest in Community-Shared Solar

The United States Department of Energy (DOE) announced this July that it plans to host an event to bring together local bankers and regulators to discuss expanding community solar nationally. With only a few months remaining in 2016, the federal administration is taking small actions that may last long after President Obama leaves office.

Citi Director Outlines Progress and Hurdles in Financing Clean Energy

What do leaders in the banking industry think about the potential of privately financing solar power, wind energy, and energy efficiency? In this interview, Michael Eckhart, managing director and global head of finance and sustainability at Citigroup, shares his optimism about the transition to clean energy and his observations about the persistent obstacles in the market – including the need to scale up financing for energy efficiency.