Since the fourth quarter of 2008, the ability of U.S. renewable power projects to secure both equity and debt project financing decreased precipitously due to the systemic turmoil experienced in the global financial markets. As we approach the third anniversary of that economic crisis, the prospects for project financing have improved considerably due to several market trends and significant legislative policy support mechanisms, including increased liquidity in the debt markets, lower costs of capital attributable to reduced debt spreads and the DOE’s loan guarantee programs.

via Financing Greentech in the Post-ARRA Era : Greentech Media.