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Can innovative funding rescue US renewables?

US renewable energy developers are struggling to raise funding as government incentives expire and bank lending dries up. Could financial innovation provide the answer? Alexander Osipovich investigates

solar panel

This has not been a happy year for supporters of renewable energy. After climbing to record heights last year, worldwide investment in green energy projects plunged to $27 billion in the first three months of 2012, the lowest level since the global financial crisis, according to Bloomberg New Energy Finance. The reasons are all too familiar: Western governments, nervous about their debt levels

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