QUICK NEWS, October 9: GOLDMAN SACHS IN $2BIL OCEAN WIND BLDR BUY; CHINESE MODULE MAKER FUNDS U.S. ROOFTOP SOLAR; WHERE EV CHARGERS WILL BE

GOLDMAN SACHS IN $2BIL OCEAN WIND BLDR BUY Goldman Sachs, Pension Funds To Invest $2 Billion In DONG Energy

October 4, 2013 (North American Windpower)

“The Denmark government, majority owner of DONG Energy, plans to enter a deal whereby Goldman Sachs and two Danish pension funds will invest DKK 11 billion (approximately $2 billion) for a total 26% ownership interest in the energy company…[and] an initial public offering (IPO) of DONG Energy [is planned]…Goldman Sachs will invest DKK 8 billion, with pension funds Arbejdsmarkedets Tillægspension (ATP) and PFA Pension Forsikringsaktieselskab (PFA) investing DKK 2.2 billion and DKK 0.8 billion, respectively…[Ownership will be]:Goldman Sachs approximately 19%, ATP approximately 5% and PFA approximately 2%...[State ownership will be about 60%]…[The] final agreement [could] be concluded before year’s end…DONG Energy, which currently has almost 2 GW in offshore wind capacity, announced in September that it plans to reach 6.5 GW by 2020.” click here for more

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CHINESE MODULE MAKER FUNDS U.S. ROOFTOP SOLAR Canadian Solar Launches U.S. Residential Solar Financing Program

7 October 2013 (Solar Industry)

“Canadian Solar Inc. has launched its Canadian Solar Residential Financing Program that targets the U.S. market…in partnership with Massachusetts-based Admirals Bank…[C]ustomers will be able to borrow up to $40,000 for a residential solar installation, subject to credit approval. The program has a "step down" feature that enables customers to monetize solar tax credits, rebates and other incentives associated with ownership of their system. They can then pay that amount into the principal balance and then re-amortize the loan…” click here for more

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WHERE EV CHARGERS WILL BE Electric Vehicle Charging Equipment; Level 1 and Level 2, DC Fast Charging, and Wireless EVSE for Residential and Commercial Passenger Car Charging

3Q 2013 (Navigant Research)

“The electric vehicle charging equipment market is now launched and beginning to take shape…As the EVSE market has matured, some of its early challenges, such as the lack of compatibility of charging units with various PEV models, have dissipated. However, the market is now seeing new growing pains, most notably related to the very large number of players competing for what is still a relatively small market…There will be a continued shakeout of the market as the true demand for home and commercial EV charging emerges absent [government support]…Navigant Research forecasts that global revenue from the sales of EVSE will grow from $567 million in 2013 to $5.8 billion in 2022…” click here for more

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