What is the price of a bond? The answer mostly depends on the underlying entity providing the guarantee. Corporates will sit in the 4-5% range. Utilities are significantly lower and Governments often beat that even more. What is the cost of a green bond? A solar bond? Clearly higher, in some cases 50% higher. I have no idea why that is except that the market clearly thinks there is some sort of risk integrated in this. So we need to figure out how to rebrand bonds from green bonds to safer bonds. GM, with a bankruptcy just a few years back, is trading bonds at 6.25% for 30 years. That’s lunacy.
- Renewable Energy World: EIB Links Green Bonds to Projects in Second Push for Climate
- Utility Dive: Updated-DC mayor, Exelon announce official settlement on Pepco merger
- Washington Post: Wind and solar keep getting cheaper and cheaper
- Greentech Media: The IRS Plans to Issue New Regulations for the Investment Tax Credit
- PV-Tech: JinkoSolar freezes plans for module assembly plant in Brazil
- Breaking Energy: 3 Ways Our Manufacturing Institutes Are Changing The Clean Energy Game
- Clean Technica: Africa Could Quadruple Renewable Energy Capacity By 2030
- PV-Magazine: South Africa announces 1.5 GW solar park plan
Opinions
Have a great day!
Yann