Tag Archives: Honduras wind farm

The Alternative Agenda: Bloomberg Backs China; Ex-Im Closes Honduras Wind Financing; Siemens Predicts ?40 Billion in Wind, Solar Revenues

Bloomberg Backs China

Speaking in Hong Kong, New York? Mayor Michael Bloomberg strongly defended China’s generous government subsidies supporting its domestic solar and wind companies.? ?It is very dangerous for us as a society ? I?m speaking of America ? to focus on blaming others, because what you do then is you don?t focus on your own practices,? the mayor said, reports the New York Times. He added: ?Let me get this straight… there is a country on the other side of the world that is taking their taxpayers? dollars and trying to sell, subsidize things so we can buy them cheaper and have better products, and we?re going to criticize that?? The mayor’s comments came a little less than a month after the Obama administration announced it would investigate whether China violated World Trade Organization rules by subsidizing its exports of solar panels and wind turbines to the United States.? Continue reading The Alternative Agenda: Bloomberg Backs China; Ex-Im Closes Honduras Wind Financing; Siemens Predicts ?40 Billion in Wind, Solar Revenues

Exclusive: Details On Honduran Wind Farm

The U.S. Export-Import Bank (Ex-Im) and the Central American Bank for Economic Integration (CABEI), which are jointly funding the $250 million, 102 megawatts Cerro de Hula wind farm in Honduras, are considering a financing package with a  70 percent / 30 percent debt-to-equity ratio, a source tells G.E.R. Continue reading Exclusive: Details On Honduran Wind Farm