For those of you developing wind farms right now, I'm sure you are well aware of the scarcity of credit at the moment, making it difficult to finance wind farm development. Even for no-brainer projects with excellent wind resource, great grid connections, and full planning permits - it's difficult to pry any cash from lenders' white-knuckled hands.
The very talented Jonathan Jarvis has done a great summary of the credit crisis as part of his thesis, allowing even the pragmatic engineer that doesn't like to get involved with the rubbery and subjective world of finance to understand!
The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo.
Monday, February 23, 2009
Subscribe to:
Post Comments (Atom)
1 comments:
great explanation. I can't wait for part 2- the fix and how we do it.
Post a Comment