Financial problems facing the manufacturers of small wind energy conversion systems : Final report /
Thomas G. Bolle
- Washington : United States. Department of Energy. Division of Distributed Solar Energy. Federal Wind Energy Program, 1979
- 52 p.
- RFP - UC60 3068/97897/3533/80/1 .
Abstract: The financial barriers faced by the manufacturers of small wind energy conversion systems (SWECS) are assessed and found to be similar to those faced by other start up businesses. However, these problems are found to be aggravated by the High expectations for accelerated SWECS industry growth in the face of moderate government support and lack of invest-ment capital . The underlying conditions of limited SWECS entrepreneur business experience, the highly competitive venture capital market, the inability of existing financial institutions to aid infant businesses and public unawareness of SWECS are reviewed. Specific manufacturer–oriented recommendations and federal, state and regulatory policy-oriented recommendations are made. In addition, the dynamics of the SWECS commercialization process are assessed and the variety of financial institutions playing a role in this process is detailed. Issues related to inflation, tax policy, regulation and federal R&D procurement policies are analyzed. Introduction - Background-the context of the marketplace - The financial resource: institutions and techniques - Commercial banking - Investment bankers - Small business administration - Small business investment companies - State development corporations and local development corporations - Life insurance companies - Limited applicability for SWECS - Manufacturers today - Saving and loan institutions - Financial issues - Recommendations - Attachment A
ENERGIA EOLICA CONVERSION DE ENERGIA POLITICA FISCAL REGULACIONES PEQUEÑAS EMPRESAS MERCADO INVERSIONES