Deutsche Bank eyes lending $1b for Japan's solar gold rush

It now joins Goldman Sachs.

According to a Bloomberg report, Deutsche Bank AG plans to lend about $1 billion for Japan solar projects, joining Goldman Sachs Group Inc. in funding cleaner energy as the government struggles to restart nuclear power plants after the Fukushima disaster.

"The bank is ready to provide financing for three to six projects in the next 12 to 18 months, said Hans Van Der Sande, director of Deutsche Bank’s structured products group at its Tokyo branch," Bloomberg said.

View the full article from Bloomberg here.