Energy Storage

Double-Digit Growth in 3Q Clean Tech Investment Despite Economic, Political Headwinds

Clean tech investments rose 12% quarterly and 23% year-to-year in 3Q 2011, totaling $3.34 billion and 189 transactions. Slowing activity in major economies and the possibility of another breakdown in the global financial system hampered clean tech investment growth in 3Q, yet overall investment levels continued to exhibit strong growth, according to preliminary results of a Cleantech Group research report.

A Chinese Hydropower Scorecard Does Not Fill the Accountability Gap

The International Hydropower Association launched its non-binding sustainability guidelines scorecard in Beijing today, hoping to attract Chinese dam builders to what is turning out to be the world’s latest industry-led greenwash.

Yet, the scorecard, called the Hydropower Sustainability Assessment Protocol (HSAP), may do little to fill the accountability gap that exists between country regulatory systems. The HSAP makes no requirement of developers to comply with national and international legislation.