but project finance is not quite "collapsing" yet.
From one of the data aggregators (sorry, no link, and data slightly camouflaged for confidentiality reasons):

Global Project Finance volume reached $[400]bn in 2011, the highest annual total on record and up 13% on the $[350]bn recorded in 2010. 4Q 2011 volume of $[90]bn was the lowest quarterly total of 2011 but was still 14% up on 4Q 2010

A record [900] projects reached financial close in 2011, an 8% increase over the previous record recorded in 2010

Wind power