How This U.S. Bank is Helping Lead the Way for Renewable Energy

Since it was chartered by Congress in 1934, the Export-Import Bank of the United States has partnered with the private sector to boost U.S. exports in key industries, including clean energy. … n fiscal 2011 and 2012, Ex-Im provided $1.3 billion in support for renewable energy projects, helping to complete new financing arrangements in emerging markets including Brazil, India and Mexico. Since 2010, Ex-Im has financed more than $760 million in renewable energy projects in India alone, among them the purchase of solar systems from AREVA Solar Inc. in California.