Project Finance NewsWire

October 2013

IN THIS ISSUE

Islamic Bonds Go Mainstream

Sukuk or Islamic bond financing still has the reputation of being a niche product. Despite this, it is showing signs of becoming a mainstream option to finance infrastructure projects...

Additional Power Needed in Southern California

The shutdown of the 2,246-megawatt San Onofre nuclear generating station — called SONGS — and the expected shutdown during the period 2017 through 2020 of 5,068 megawatts of coastal power plants t...

UK Green Bank Update

What started out as an idea to make the UK government the “greenest government ever” could in fact be becoming a failing scheme...

Hawaii’: Renewables Paradise?

Hawaii has ambitious renewable energy and clean infrastructure goals, including a goal of generating at least 40% of its electricity from renewable energy and at least 70% from clean energy by 203...

Bridge PPAs

The California utilities are putting out requests for proposals, but they do not need the electricity until 2019 or 2020 and are asking for power purchase agreements of only 10 years...

Chinese Solar: On The Upswing?

The poet Percy Bysshe Shelley wrote in Ode to the West Wind, “If winter comes, can spring be far behind?” This is a good description of the current solar photovoltaic industry in China...


IN OTHER NEWS

The Mexican Congress

The Mexican Congress is expected to vote by the end of the month on a tax reform plan that President Enrique Peña Nieto proposed on September 8. The plan is being heavily lobbied...

Argentina

Argentina changed its tax laws effective September 23.

Washington State

Washington State increased a tax credit for harvesting forest biomass for use as fuel to produce electricity or steam or as a feedstock for making biofuels...

Minor memos

Revenue collected by IRS agents declined 9% in fiscal year 2012....