[social_buttons] A London-based green investment firm, Earth Capital Partners (ECP), aiming to create a €750 million ($1 billion) renewable energy fund, announced this last week that it had reached its first round fund-raising target. By November 2010, it hopes to reach its total goal of €750 million. The company is … [continued]
The huge project to build a $555 billion renewable energy “belt” in the Middle East and North Africa (MENA) region, funded largely by German companies, moved another step forward a few days ago. The articles of association for the DESERTEC Industrial Initiative (DII) were signed by the joint venture group … [continued]
California-based eSolar has just announced that it is expanding into southern Africa now. It has partnered with Johannesburg-based Clean Energy Solutions (CES) to create “eSolarSA” which will sell its concentrating solar power technology throughout Sub-Saharan Africa. The Sub-Saharan region eSolar is entering contains seven countries, including South Africa, Namibia, and … [continued]
Solar power seems to be the most logical renewable choice in Africa, but that hasn’t stopped the African Development Bank from initiating the Lake Turkana Wind Power project (LTWP)–a $755 million, 66,000 hectare project on the edge of the world’s biggest permanent desert lake. The site is ideal for wind … [continued]
The quest for cleaner energy generation is one that is going to be a main focus for the next several decades. Without a doubt, humanity has finally realized that our insane overdependence on oil and other fossil fuels is, if nothing else, simply not healthy. It will eventually run out, … [continued]
