Originally published on InspiredEconomist.com. Capturing the headlines of the solar industry in the last several weeks, Egypt is attracting the attention of major international solar developers and investors. Following the recent Economic Development Conference held in March, many headlines have further underscored the reality of Egypt’s economic renaissance. Coupling this … [continued]
Electric battery-powered cars are more in demand in China than ever. After five years of the Chinese government offering incentives for electric cars, the transition to electricity is picking up speed. BYD Co., the Shenzhen-based maker of electric buses and fully electric and plug-in hybrid electric passenger cars is out front and doing well. … [continued]
Global clean energy investment slumped in the first quarter of 2015 to its lowest level in two years, down 15% from Q1’2014, according to Bloomberg New Energy Finance, which released its latest tracking statistics for the January to March period. Investment dropped to $50.5 billion in the first quarter, and … [continued]
In a recent blog, I looked into two bills currently circling the halls of Washington state government that could effectively kill solar leasing and neuter the state’s successful net metering program. The article must have struck a nerve, because the author and sponsors of the bills responded with incredulity, spin, … [continued]
Singapore-based investment firm Mercurius Capital is set to explore opportunities in the untapped solar power market of the Caribbean and is planning to launch a private equity fund for the same. Through the Caribbean Solar Power Investment PE fund, Mercurius Capital plans to raise $300 million to finance 100 to … [continued]
The international association of Academics Stand Against Poverty has come out in favor of the growing movement of universities divesting from fossil fuel investments. The news comes on the heels of several big divestment announcements, including Syracuse University’s decision to prohibit direct investment in coal mining and other fossil fuel … [continued]
The Guardian Media Group, publisher of the award-winning newspapers Guardian and Observer, has announced that it will sell off all fossil fuel assets in its £800 million investment portfolio. Neil Berkett, Chairman of the Guardian Media Group, justified the decision citing financial and ethical reasons. The share of fossil fuel assets … [continued]
Originally posted at ilsr.org. Santa Fe, NM, is battling with its electric utility, PNM, over the utility’s continued heavy reliance on large-scale fossil fuel power plants in a state with some of the best sun and wind resources in the country. Director of Democratic Energy John Farrell joined Santa Fe … [continued]
Below is another cleantech link drop, my favorite cleantech stories from around the interwebs other than the ones we’ve covered. However, one of these stories doesn’t have a link, but I figured this is the best place to share it. Tesla emailed over a Q1 sales update (woohoo!). In case you … [continued]
Enel Green Power has set the ball rolling on one of the wind energy projects it secured in auctions under the South African Renewable Energy Independent Power Producer Procurement Programme. Enel Green Power has secured a loan worth $170 million to set up a 111 MW onshore wind energy project at … [continued]
