in News Departments > FYI
print the content item

ZBB Energy Corp., a developer of renewable energy power, has announced that the Export-Import Bank of the United States (Ex-Im Bank) will guarantee working capital loans to be made by Waukesha, Wisc.-based InvestorsBank to finance the export of ZBB's energy power control and storage systems.

The loan process is applied to individual foreign customers having entered into valid sales contracts with ZBB. Ex-Im Bank and InvestorsBank approved ZBB's initial request for working capital of $1.14 million. The transaction is being made possible by utilizing Ex-Im Bank's working capital financing that is available to exports of products manufactured in the U.S.

"We are looking forward to working with InvestorsBank and the Ex-Im Bank for current and future export financing. We have a growing pipeline of projects around the world, and the Ex-Im guarantee provides attractive financing to support a corresponding growth in working capital," said Eric Apfelbach, CEO and president of ZBB Energy.




Trachte Inc._id1770
Latest Top Stories

Wind And Solar Are Catching Up With Nuclear Power, Says Report

A new report from the Worldwatch Institute says nuclear energy's share of global power production is steadily shrinking. Meanwhile, renewables' share keeps growing.


Could New Desert Plan Spell The End Of California Wind Energy Development?

The California Wind Energy Association says it is disappointed with the draft Desert Renewable Energy Conservation Plan, which was recently released by state and federal agencies.


New U.S. House Bill Includes Wind PTC Extension

U.S. representatives have introduced the Bridge to a Clean Energy Future Act of 2014, which would extend the production tax credit (PTC) and other provisions through 2016.


Utility-Scale Wind And Solar Keep Getting Cheaper

A new study measures the levelized cost of energy from various technologies and suggests that the costs of utility-scale wind and solar power are catching up with those of traditional sources, even without subsidies.


The Song Remains The Same: Ontario Seeks More Science Before Lifting Offshore Ban

The Ontario government says the nearly four-year-old offshore wind moratorium will remain in place until the province fully understands the technology’s impact on the environment.

Renewable NRG_id1934
Canwea_id1984
Future Energy_id2008