Renewable Energy Investment

Vestas’ Wind Tower Factory Sale: The Shape of Things to Come in Wind, Solar Manufacturing?

Vestas’ sale of its Varda wind tower factory to China’s Titan Wind Energy is to save Danish green jobs and confer numerous benefits for both companies. It’s also clear evidence of the effectiveness and success of China’s industrial policy drive to dominate wind and solar PV manufacturing worldwide, one that’s “hollowing out” U.S. and E.U. manufacturing well before they’ve had the chance to mature. […]

Expired Treasury Renewable Energy Subsidy Created as Many as 75,000 Green Jobs, $44 Billion in…

The Treasury 1603 grant program– a renewable energy subsidy–was a key strut that kept the US renewable energy growing and creating green jobs in the wake of the near collapse of the US financial system and recession of 2008-2009. This should go a long way towards putting paid to Republican rhetorical diatribe about federal support for clean energy development and job creation, though it almost certainly won’t.

MEMC SunEdison Stakes out $4.6 Billion in Solar Power Projects as Japan Readies Feed-In Tariff

Solar and renewable energy industry players are jockeying for position and ramping up project development plans and investment as Japan readies a landmark renewable energy feed-in tariff due to go into effect July 1. MEMC Electronic Materials’ SunEdison announced plans to invest an initial $4.6 billion to build solar power projects in the Land of the Rising Sun and is discussing potential project sites for 1-GW of solar energy capacity with local governments.