The Export-Import Bank of the United States announced that it will provide loans to support the export of thin-film solar photovoltaic modules from both First Solar Inc. and Abound Solar Inc. to solar farms in India.
Established in 1934 by President Franklin D. Roosevelt, Ex-Im Bank provides tools to help foreign buyers purchase U.S. goods and services. Ex-Im operates as an independent federal agency and as such does not "cost U.S. taxpayers." By congressional mandate the Bank has been aggressively increasing its support of U.S. renewable energy. In just nine months Ex-Im Bank has committed US$100 million to renewable energy products and services.
Link:
http://www.energyboom.com/finance/ex-im-provide-25-million-support-us-solar-module-exports
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