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Finance and Investment

Library >> Current Articles on Renewable Energy Resources and Transmission >> Finance and Investment

Articles on Finance and Investment

  • Southern Africa Financing Electrification Dialogues take place in Zimbabwe
    July 10, 2013- Global Sustainable Electricity Partnership

    Together with the Southern African Power Pool (SAPP), the Global Sustainable Electricity Partnership (GSEP) hosted a high-level dialogue aimed at the transfer of expertise for the financing of sustainable electrification projects in Southern Africa in Harare, Zimbabwe, from July 8-10, 2013.

  • Investment continues in major transmission projects
    Mar 3, 2013 -

    Prysmian Group has inaugurated its new submarine cable plant at Pikkala in Finland. The EUR40m investment will allow the plant to increase production of transmission cables that use high-voltage direct-current (HVDC) technology to transmit large amounts of energy over long distances.

  • More than 1,000 new coal plants planned worldwide, figures show
    Nov 19, 2012 - Damian Carrington -

    More than 1,000 coal-fired power plants are being planned worldwide, new research has revealed.
  • OCI and CPS's 400MW project will drive US$700 million into Texan economy
    Jul 24, 2012 - Nilima Choudhury -

    Endemic overcapacity and continued price declines within the polysilicon sector impeded Korean OCI Company’s previously announced plans for the construction of two plants in May. Nevertheless, its North-American arm, OCI Solar Power, has signed a landmark deal with CPS Energy in San Antonio, Texas, to develop more than 400MW of projects. The contracts are based on a 25-year power purchase agreement.

  • New Database from NREL Makes Costs of Energy Technologies More Transparent
    Jul 16, 2012 -

    A new web application collects cost and performance estimates for electric generation, advanced vehicles, and renewable fuel technologies and makes them available for utilities, policy makers, consumers, and academics. The Transparent Cost Database (TCDB) app provides technology cost and performance estimates that can be used to benchmark company costs, model energy scenarios, and inform research and development decisions. 

  • JBIC extends credit line for ICICI Bank of India
    Jul 4, 2012 - Anne Zimmermann -

    The Japanese Bank for International Cooporation (JBIC) has signed a general agreement with ICICI Bank (Bank of India) for an export credit line of up to US$30 million to fund a variety of renewable energy projects, it has been announced. Other private Japanese institutions will also co-finance the loan, adding another US$50 million to the credit line, making the credit a total of US$80 million.

  • Los Angeles Approves US $3 Million FiT Programme
    April 4, 2012 - Nilima Choudhury -

    Los Angeles city council has approved a feed-in tariff programme to generate 10MW supplying 10,000 households a year. The city’s Department of Water and Power will raise US$3 million each year through the scheme to help the utility develop a pricing plan for residents. This pilot programme will take effect in the coming months.

  • Ingenostrum Announces Plans to Invest US $2 Billion in Chilean Solar Projects
    April 4, 2012 - James Williams -

    Spanish solar operator Ingenostrum has revealed plans to construct six solar power plants in Antofagasta, northern Chile, the Latin American Herald Tribune has announced. The power plants could generate up to 688MW of clean energy and the total cost for the development is expected to be around US$1.9 billion.

    Mar 21, 2012 -

    The Royal Government of Bhutan’s (RGoB) ambition to harness and export 10,000 megawatts of hydroelectric power to India by 2020 will be a mamoth task looking at projected figures.

  • President Obama Launches EV-Everywhere Challenge as Part of Energy Department’s Clean Energy Grand Challenges
    Mar 15, 2012 -

    At an event today at the Daimler Truck factory in Mt. Holly, N.C., President Obama launched EV-Everywhere, the second in a series of Energy Department “Clean Energy Grand Challenges” aimed at addressing the most pressing energy challenges of our time.

  • Power of Supportive Policy: California Could Get 66% of Electricity From Renewables, Double It's Already Aggressive Goal
    Mar 15, 2012 -

    Thanks to prescient policies, California could achieve double its already aggressive goal of 33% of electricity from renewables by 2020.

  • France endorses “Made in Europe” FiT bonus
    Mar 7, 2012 - Nilima Choudhury -

    Previously announced in February, the French government has confirmed PV power plants will be eligible to receive a 10% bonus on top of the feed-in tariff if at least 60% of the installation’s modules are made in Europe. The law will come into effect shortly before the first round of presidential elections in April.

  • Haiti seeks to rebuild, or just build, power grid
    Mar 7, 2012 - Trenton Daniel -

    Sometimes it seems as though the people here have only the sun and moon: the blinding sun that bakes their mud homes and moonlight that with flickering gas lamps fights against the dark of night.

  • UN urges Africa to facilitate private investment in clean energy production
    Mar 7, 2012 -

    India, Feb. 26 -- Government policies that facilitate private sector investment in energy markets are crucial to help tap Africa's massive renewable energy potential, which can fuel the continent's poverty reduction efforts and put it on a path to sustainable development, according to a United Nations report released today.

  • India's Soaring Energy demands strain national grid
    Mar 2, 2012 - John Daly -

    As the “Third World” races to industrialize, rising population demands for reliable energy place increasing stress on a country’s power generating capabilities, and nowhere is this more evident than in BRIC nation India.

  • German government cuts FiT from March 9
    Mar 1, 2012 - Mark Osborne -

    Due to an aggressive FiT cut of between 20% for residential and 30% for large-scale PV installations, the German government will introduce the FiT cuts from March 9, 2012 to eliminate a rush of installations to beat the tariff change.

  • Nicaragua powers up on green energy
    Feb 23, 2012 - PRONicaragua -

    What was once a weakness has become one of the country's strengths. The transformation of Nicaragua's energy sector could well become a case study for other countries.

  • GE to construct 10,000mw power plant in Nigeria
    Feb 23, 2012 -

    General Electric (GE), a leading global company, originating from the USA, is to construct a 10,000 mega watts power plant in Nigeria, Minister of Power, Barth Nnaji has said.

  • Analysis: As Solar Panels Eclipsed, Installers In Limelight
    Feb 23, 2012 - Matt Daily -

    A steep decline in solar panel prices is helping solar installers attract new capital, a trend likely to trigger consolidation in the fragmented industry and drive down the cost of putting the renewable energy system on rooftops.

  • 2012: A Breakthrough for Renewable Energy?
    Feb 23, 2012 - Manish Bapna -

    In his annual State of the Union address, President Obama declared: “I will not walk away from clean energy.”

  • Could a Russia-US rail tunnel be built?
    Feb 2, 2012 -

    Russian officials have backed the idea of a rail tunnel linking Russia and the US.

  • EIB supporting €100 million funding for renewable energy projects in South Africa
    Feb 2, 2012 - Mark Osborne -

    With almost perfect conditions for solar technology deployment, a significant energy need and weak infrastructure, South Africa, as highlighted in a detailed EPIA report last year, should be one of the best emerging markets. However, lack of financial support was said to be the key obstacle. That may now be changing with support from the European Investment Bank and Investec to the tune of €100 million for the promotion of clean energy generation and energy efficiency initiatives in South Africa.

  • US Could Achieve Over $80 Billion In Lower Energy Costs By Focusing On Safer, Renewable Energy
    Dec 1, 2011 -

    It is a myth that switching to safe, renewable energy would mean an unreliable U.S. power supply that also is too expensive to afford. That is the major conclusion of a new Synapse Energy Economics report prepared for the nonprofit Civil Society Institute that details a future with more energy efficiency and renewable energy and less reliance on coal and nuclear power.

  • Butte College to Become First Grid-Positive College in the US
    Nov 4, 2011 -

    Butte College, located in Northern California and resting on a 928-acre wildlife refuge, has been recognized over the last few years as a national community college leader in sustainability. By May 2011, the college will move to the head of its class--as the only college in the nation that is grid positive--producing more clean energy from sustainable on-site solar power than it uses.

  • Jeremy Rifkin: The 'Democratization Of Energy' Will Change Everything
    Oct 20, 2011 -

    Rampant unemployment, rising food prices, a collapsed housing market, ballooning debt -- to Jeremy Rifkin, the American economist and president of the Foundation on Economic Trends, these are not simply symptoms of a temporary economic malaise. Rather, they are signs that the current world order -- long infused with and defined by fossil fuels -- is collapsing around us.

  • China Remains Atop Quarterly Renewable Energy Index
    Oct 5, 2011 -

    Ongoing debt worries from the United States to Europe, and austerity measures that aim to drastically slash government spending in those countries, continue to impact financing of renewable energy projects. China, meanwhile, is moving ahead with its accelerated growth as renewables continue to figure prominently into its energy future.

  • SolarCity’s new pricing plan undercuts utility grid electricity in Hawaii
    Oct 5, 2011 - Chris Whitmore -

    The US Department of Energy has finalized another loan guarantee, this time for $90.6 million to Cogentrix for the 30MW Alamosa Solar Generating Project, which uses Amonix high-concentration PV dual-axis tracker systems. When the utility-scale installation is completed next year, the site will be the largest CPV-based power plant in the world.

  • DOE finalizes $90.6M loan guarantee for 30MW Alamosa solar power plant, featuring Amonix CPV systems
    Oct 5, 2011 - Tom Cheyney -

    The US Department of Energy has finalized another loan guarantee, this time for $90.6 million to Cogentrix for the 30MW Alamosa Solar Generating Project, which uses Amonix high-concentration PV dual-axis tracker systems. When the utility-scale installation is completed next year, the site will be the largest CPV-based power plant in the world.

  • Energy-Savvy Military Base Bumps Up Against Calif. Cap-And-Trade Law
    Oct 5, 2011 - Annie Snider -

    TWENTYNINE PALMS, Calif. -- With fields of solar panels and a pilot microgrid project, the sprawling Marine base here is at the forefront of U.S. military efforts to lessen its reliance on the vulnerable civilian power grid.

  • Rooftop Solar Could Power 20% of D.C. and Save Ratepayers Money
    Oct 5, 2011 - John Farrell -

    For many years the citizens of Washington, D.C. struggled for the basic right to elect their own leaders. In 2011, they should use their political home rule to maximize the economic benefits of local renewable energy with “electricity home rule.”

  • MarketsandMarkets: Global Solar Energy Market Will Reach $75.2 Billion With Annual Installations Reaching 227 GW by 2016
    Oct 5, 2011 - Pangea -

    According to a new market research report, "Solar Power Market by PV, CSP Technologies by Installations, Price, Cost, Trade Trends & Global Forecasts (2011 - 2016)", published by MarketsandMarkets (, global solar energy market will grow from around $39.6 billion in 2011 to $75.2 billion in 2016 with a compound annual growth rate of 13.7% during the same period.

  • SunShot seed corn: DOE sows projects from cheaper BIPV shingles to Shockley-Queisser limit busters
    Oct 5, 2011 - Tom Cheyney -

    Still smarting from the wounds of loan guarantee recipient Solyndra’s shutdown and imminent Chapter 11 filing, the US Department of Energy kept its eyes on the SunShot Initiative prize last week, announcing more than $145 million in awards to be spread across 69 projects run by companies, national and private labs, and universities. The efforts encompass a half-dozen categories, including big R, little d and little r, big D accelerants on the cell, module, and inverter technology, balance of system cost reduction (actually, cost reduction is a recurring theme among all categories), grid integration schemes, building integrated PV, and a chunk of change for IT-laden moves to cut nonhardware costs down significantly. Here’s a closer look at some of the players, numbers, and threads that emerge from the latest DOE innovation seed-corn distribution.

  • Order Focus: First Solar lands 100MW supply agreement for Reliance Power’s Jaisalmer project
    Oct 5, 2011 - Syanne Olson -

    Upon the US Export-Import Bank approving a US$84.2 million direct loan last month to Reliance Power’s Dahanu Solar Power unit, the company was able to secure an agreement with First Solar for the delivery of 100MW of solar modules. Under the supply contract, First Solar will deliver 40MW of its thin-film modules to Reliance Power by the end of the year, with the remaining 60MW delivered in 2012. The solar modules will be used for Reliance Power’s Jaisalmer solar project, which will supply solar electricity to Mumbai. The companies claim that this is the largest PV module supply agreement in India to date.

  • World Bank grants 99m dollars for Nepal-India power project
    Sept. 30, 2011 -

    The World Bank (WB) has provided 7.024bn rupees (99m dollars) for to implement the Nepal India Electricity Transmission and Trade Project (NIETTP).

  • India Expects $6.5 billion to be Invested in Renewable Energy
    Sep 27, 2011 - Rakesh Sharma -

    NEW DELHI -- India expects investments of 300 billion rupees ($6.5 billion) in renewable energy projects in the current financial year, the minister for renewable energy said Friday.

  • Pakistan Offers Renewable-Energy Incentives to Tackle Shortages
    Sep 27, 2011 - Haris Anwar -

    Pakistan will announce its first tariff policy for clean-energy producers next month, offering premium payment rates as it seeks to attract investors to help overcome power shortfalls.

  • Guest Post: The $200 Billion Energy Question
    Sep 27, 2011 - Rosalind Jackson -

    The U.S. stands at an energy crossroads. With or without new direction from policymakers, huge sums will be invested in the electricity system as aging infrastructure is replaced and new infrastructure is built to meet our country’s growing energy needs. In the 11 states that comprise the Western Interconnect, that amounts to more than $200 billion over the next two decades.

  • Europe's renewables investors need more certainty
    Sept. 23, 2011 - Power Engineering International -

    In order to incentivize the mass roll-out of renewable sources of power generation, many governments have offered generous subsidy schemes to utilities, developers and homeowners. Increasingly, however, many nations have pulled in their horns due to austerity measures and as European governments tighten their belts, renewable energy companies are feeling the impact. After much messing about, Italian legislators finally delivered on 5 May a revised subsidy programme that outlines a structure of additional cuts until 2016. Under the new solar decree, a transitional period with gradual cuts in incentives will start from June 1 and run to 2013, after which the incentives will automatically be linked to reaching a certain level of installed capacity.

  • Mitsui, Toshiba join forces to build 50MW PV plant in Japan
    Sep 21, 2011 - Chris Whitmore -

    Mitsui and Toshiba are joining forces to build Japan’s largest PV system, according to financial newspaper Nikkei. With a capacity of 50MW, the plant will be considerably bigger than any other in Japan and cover 800,000m2 of Mitsui-owned land in the Aichi Prefecture.

  • Return to London please, via Moscow: Kremlin paves way for East to West rail link after after 'approving' $99bn Bering Strait tunnel
    Sep 21, 2011 - Will Longbottom -

    The prospect of an epic train journey from New York to London might seem like a distant dream for those seeking the ultimate railway holiday.

  • Large scale energy storage technologies to capitalise on renewables
    Sept. 20, 2011 -

    All Western European countries have targets aimed at boosting the contribution of renewable energy. Such high use of renewable energy is possible through efficient energy storage methods, creating huge opportunities for market growth.

  • ADB plans to lend $1.5b to ratchet up connectivity, energy co-op in S Asia
    Sep 12, 2011 - Nazmul Ahsan -

    The Asian Development Bank (ADB) is planning to lend $1.5 billion to improve cross-border connectivity and increase energy cooperation among five South Asian countries -- Bangladesh, India, Sri Lanka, Nepal and Bhutan over a period of three years (2012-2014).

  • Solar power boost to National Grid
    Sep 12, 2011 - Chamikara Weerasinghe -

    Power and Energy Minister Champika Ranawaka yesterday said they have arranged to introduce the first main grid connected solar power plant in the Hambantota District.

  • Desert Sunlight solar project gets go-ahead from Department of Interior; construction to begin soon
    Sep 12, 2011 - Tom Cheyney -

    US Secretary of the Interior Ken Salazar has greenlighted the Desert Sunlight Solar Farm, a 550MW (AC) solar power project to be developed, built, and operated by First Solar on 4100 acres of public lands in the California desert outside Joshua Tree National Park. Construction on the site could begin within days.

  • South Korea's green energy exports top $4.5 bln in 2010
    Sep 8, 2011 -

    SEOUL, Aug. 8 (Yonhap) -- South Korea's clean, renewable energy sector has grown significantly over the last three years with both its sales and exports jumping roughly seven fold, the government said Monday.

  • Wind doing just fine
    Sep 1, 2011 - Bill Opalka -

    The U.S. wind industry declined by half last year, but a new report puts the development slowdown in a different. Yes, 2010 wasn't so great, but the U.S. is still a world leader for the technology.

  • ABB wins $1 billion order for offshore wind power connection
    Sep 1, 2011 -

    Zurich, Switzerland, Aug. 2 2011 – ABB, the leading power and automation technology group, has won an order worth around $1 billion from the Dutch-German transmission grid operator TenneT to supply a power link connecting offshore North Sea wind farms to the German mainland grid.

  • U.S. BLM Approves Four Projects Use of Public Land to Connect Renewable Energy to Power Grid
    Aug 19, 2011 - Eboom Staff -

    The United States Department of Interior's Bureau of Land Management approved four new projects to run transmission lines through public land to transport electricity from large-scale renewable energy projects to the power grid.

  • UN says green energy investment at record level
    Aug 11, 2011 -

    PARIS — Investment in renewable energy last year amounted to a record 211 billion dollars, a rise of 32 percent over 2009 and 540 percent over 2004, a UN-backed report said on Thursday.

  • Green Jobs Are Real: German and American Solar Industry Both Employ More People Than U.S. Steel Production
    Aug 9, 2011 - Stephen Lacy -

    Washington, D.C., United States – With roughly 93,500 direct and indirect jobs, the American solar industry now employs about 9,200 more workers than the U.S. steel production sector, according to 2010 Bureau of Labor Statistics. The American steel industry has historically been a symbol of the country's industrial might and economic prosperity. But today, the solar industry has the potential to overtake that image as we build a new, clean-energy economy.

  • Australia's solar industry welcomes new carbon tax
    Aug 9, 2011 - Emma Hughes -

    Following months of tense negotiation between the minority Labour Government and the Green and independent MPs, Australia's prime minister Julia Gillard yesterday revealed the 'Strong Growth, Low Pollution' report, which models how the country's economy can continue to grow at the same time as reducing carbon pollution with a carbon price. The new tax, which will come into effect from July next year, will hit Australia's top 500 emitters with an AUD$23 per tonne carbon tax.

  • Department of Energy Commits Support for Landmark Rooftop Solar Project
    Aug 9, 2011 -

    Largest Rooftop Project in U.S. History Will Enable Wide Distribution of Solar Power Across Country While Creating at Least a Thousand Jobs

  • Q-Cells guides almost flat sales in 2011; CIGS modules achieve 13.4% new efficiency world record
    Aug 5, 2011 - Mark Osborne -

    Although there were no specifics mentioned in the financial forecast for 2011 provided by Q-Cells as it announced full year financial results, sales are set to be at around the same level as last year. As previously reported, Q-Cells sales increased by 70% to €1.35 billion in 2010. In its annual report, 2011 sales guidance is between €1.3 billion and €1.5 billion.

  • China Sunergy to invest US$277 million in 1GW cell manufacturing expansion
    Aug 5, 2011 - Chris Whitmore -

    Two China Sunergy subsidiaries are investing RMB1.8 billion (US$277 million) in a new 1GW solar cell manufacturing facility in Yangzhou, China. The joint venture will concentrate on the production of China Sunergy's newly-developed Quasar cells, with the first 500MW batch set to be delivered in the first half of 2012.

  • New York's Latest Energy Bill Better for the Environment and the Economy
    Aug 4, 2011 - Nathanael Baker -

    The Governor of New York has signed a new law which promotes the adoption of low carbon energy and energy efficient technologies through all sectors of the economy.

  • First College in US Generates Income Selling Solar to the Grid
    Aug 3, 2011 -

    Butte College, near Sacramento, California is the first college in the US to be ‘grid positive' - it generates more electricity than it needs from its solar arrays and thus can deliver energy to the electric grid, making a tidy profit.

  • OPIC approves $123 million for pair of 20MW PV power plants to be built by T-Solar in Peru
    Jul 20, 2011 - Tom Cheyney -

    The board of the Overseas Private Investment Corp. (OPIC) has approved $123 million in financing for the construction of two 20MW solar power plants in Peru, said to be the first large-scale solar power project in the Latin American country. Along with the involvement of Peru's ProInversion investment promotion agency, the ground-mount-based projects will be developed by T-Solar and use silicon thin-film panels made by the Spanish company with Applied Materials SunFab technology.

  • Report: New Transmission Translates Into Jobs
    June 4, 2011 -

    U.S. annual investment in new electric transmission facilities could soon reach $12 billion to $16 billion, resulting in $30 billion to $40 billion in annual economic activity, says a new study conducted by The Brattle Group and commissioned by WIRES. This translates into support for 150,000 to 200,000 new full-time jobs in the U.S. in each of the next 20 years and between 20,000 and 50,000 new jobs each year in Canada, the report adds.

  • Alternative Energy Watch: China Plans to Spend Big on Grid; Equipment Maker Gets Big Order (SOLR, AMAT, LDK, CREE, VECO, AMSC)
    May 21, 2011 -

    Alternative energy news today begins with a new order for sapphire crystallization furnaces and ends with a story on development in China’s national electricity grid.

  • Government approves $1.24 billion carbon capture project
    May 14, 2011 - Canada NewsWire -

    The Government of Saskatchewan has approved construction of the Boundary Dam Integrated Carbon Capture and Storage Demonstration Project - among the first commercial-scale carbon capture and storage facilities in the world.

  • Solar Homes Sell at a Premium
    May 14, 2011 - Bill Opalka -

    A new Berkeley Lab report, “An Analysis of the Effects of Residential Photovoltaic Energy Systems on Home Sales Prices in California,” provides some evidence that a significant benefit comes with selling a home with a solar power system.

  • ADB pledges US$150 million in credit guarantees to bolster solar power development in India
    May 14, 2011 - Syanne Olson -

    The Asian Development Bank (ADB) revealed plans to offer up to US$150 million in credit guarantees to local and foreign commercial banks to encourage the development of solar power as a renewable energy in India. The credit will cover 50% of the payment default risk on bank loans made to solar project developers with an aim to secure long-term funding for solar energy development in the country.

  • If You Like Solar, Tell Your Utility To Publish This Map
    May 11, 2011 -

    Distributed generation (like solar) brings unique and valuable benefits ($$$) to the electric grid. But capturing those benefits means solar and other renewable energy developers must find the best places to plug in to the grid, e.g. where demand is high or infrastructure is stressed. The cost to connect distributed generation may also be lower in these areas. Unfortunately, data about a utility's grid system is rarely public.

  • Google invests $168M in solar energy project
    May 04, 2011 -

    Google Inc. is investing $168 million in an alternative power project that aims to produce enough solar energy to light 140,000 homes.

  • GE to build 400MW CdTe thin-film module plant: NREL verifies 12.8% aperture area efficiency
    May 01, 2011 - Mark Osborne -

    With the acquisition of US-based CdTe thin-film start-up PrimeStar now behind GE, the conglomerate is planning to expand its investments in PV with the building of a 400MW manufacturing plant, potentially bringing its total investment in the sector to over US$600 million. GE also announced that NREL had verified that CdTe thin-film modules from PrimeStar’s 30MW manufacturing line in Arvada, Colorado have achieved 12.8% aperture area efficiency. NREL had transitioned the technology to PrimeStar through a cooperative research and development agreement signed in 2007.

  • ABB wins $180 million order for Norway-Denmark power transmission link
    Feb 26, 2011 -

    ABB, the leading power and automation technology group, has won an order worth about $180 million from utilities Statnett of Norway and of Denmark to supply an HVDC Light® (high-voltage direct current) converter solution to support the interconnection of the Norwegian and Danish power grids.The 500 kV (kilovolt) link is a new record in transmission voltage using this technology.

  • Investments in renewable energy grow 25%
    Feb 13, 2011 -

    Estimates show that investments have reached $200bn in 2010

  • 2010 Clean Energy Investment Hits a New Record
    Jan 19, 2011 -

    Surprise, surprise: The 800-pound dragon in the room, China, has propelled global clean energy investment to record levels.

  • Spanish Government Cuts Solar Subsidies for New and Existing Plants
    Jan 13, 2011 - Emma Hughes -

    On Christmas Eve the Spanish Government made the controversial decision to again cut the financial support offered to solar power generators.

  • Huge Renewables Expansion Coming
    Dec 27, 2010 - Bill Opalka -

    Even with policy uncertainty, markets expected to explode.

  • Pew: Clean Power Industry Worth Trillions by 2020
    Dec 16, 2010 -

    A new study by Pew Charitable Trusts shows that private investments in global clean energy projects could top $2.3 Trillion in 10 years. Most investment will be in Asia but policy plays a key role.

  • Department of Energy Pours Funds into Cleantech Industry
    Dec 08, 2010 - McClatchy-Tribune Regional News - Energy Central

    When Congress passed the landmark stimulus bill in 2009, more than $90 billion was targeted at clean energy -- the largest investment of federal dollars in the energy sector ever. Nearly $3 billion was awarded to the Bay Area from the Department of Energy alone.

  • Report Says Clean Energy Gets Fewer Subsidies, Less Investment than Fossil Fuels
    Dec 07, 2010 - Los Angeles Times

    Energy from fossil fuel gets 12 times more in subsidies worldwide than sustainable energy, says a new report from the USC Marshall School of Business.

  • New Report from World Bank Highlights Five Steps to Confront Climate Change
    Nov 09, 2010 - Energy Central

    The World Bank's Independent Evaluation Group (IEG) released a new report Thursday after reviewing the Bank's efforts in mitigating climate change, stressing five measures that offer attractive local benefits while fighting climate change. The report, named The Challenge of Low Carbon Development, notes that carbon finance has yet to realize its promise of catalyzing large scale new investments in renewable energy.

  • China leading the world in clean energy investment
    Oct 29, 2010 - Juliet Eilperin -

    As weary visitors wait to enter the Shanghai Corporate Pavilion at Expo 2010, a sprinkler system using recycled rainwater and powered through a solar thermal system cools them off with periodic misting.

  • Greece targets to invest in green development program
    Oct 22, 2010 - Xinhua

    Greece aims to secure investments up to 44 billion euros (60.9 billion U.S. dollars) and create 200, 000 new job positions by 2015 in green development projects, said on Wednesday Greek Environment, Energy and Climate Change Minister Tina Birbili in Athens.

  • S. Korea to invest 36 bln U.S. dollars in renewable energy
    Oct 20, 2010 - Xinhua

    South Korea will pour a total of 40 trillion won (36 billion U.S. dollars) into renewable energy development by 2015 in a bid to enhance the local renewable energy sector, the government said Wednesday.

  • ADB allocates $122 million to upgrade Tajikistan's power grid
    Oct 18, 2010 - Asia Pulse

    The Asian Development Bank (ADB) and the Tajik government have signed a grant agreement worth $122 million to expand and upgrade the electricity transmission system in Tajikistan, which will help increase the level of energy trading with neighboring countries and cover the country's electricity shortages in winter.

  • DOE Funding Smart Grid, Advanced Solar Start-ups
    Sep 28, 2010 - Washington, DC - DOE

    The US energy department announced $188 million for clean tech startups, with $73 million coming from the Recovery Act.

  • Round-up of global electricity developments
    Aug 11, 2010 - Tamsin Carlisle - The National

    Last Updated: July 24. 2010 6:46PM UAE / July 24. 2010 2:46PM GMT

  • More Ugandan Villages to Access ElectricityAug 6, 2010 - East African Business Week - Energy Central

    The Ministry of Energy and is to start implementation of a new rural electrification project in March 2011, officials have said.

    Jul 30, 2010 - AsiaPulse -

    China has invested US$34.6 billion in renewable energy industry in 2009, making the country the biggest investor in the industry in the world, said Li Junfeng, deputy director of the Energy Research Institute of the National Development and Reform Commission.

  • Impressive growth in renewable energy capacity continues
    Jul 30, 2010 - Datamonitor -

    New UN figures show that, despite the global recession and lackluster climate change talks, 2009 saw more renewable power generation capacity installed than traditional fossil fuel capacity. Having already negotiated such a difficult period, fears that the clean energy investment bubble is about to burst are unfounded.