Addis Ababa Meet Scores Development, Some Climate Finance Goals

International leaders, cabinet-level ministers, institutional stakeholders, nongovernmental organizations, business entities, and other representatives gathered this week at the Third International Conference on Financing for Development in Addis Ababa, Ethiopia. The meeting has played a key role in shaping discussions over financing for climate change mitigation and adaptation. (Video here.) The … [continued]

Amtrak Expands Fast East Coast Acela Fleet

Amtrak’s 13-year-old Acela trains have made a huge difference to commuting and other travel along the busy Northeast corridor between Boston and Washington, DC. Now a 6.5-hour trip, it used to take a full business day, or longer. The high-speed, tilting, inter-city train, currently the country’s fastest, can achieve up to … [continued]

Gamesa Increased Earnings In 2014’Q1

Adding their own first quarterly reports to the growing pile of renewable energy companies announcing continuing growth in 2014, international wind energy manufacturer Gamesa announced a net profit of €17 million in 2014’Q1, almost three times as much as posted in the same quarter last year. According to Gamesa, these … [continued]

First Solar Saw Good Gains In 2014’Q1

First Solar added their own first quarter financial results to the pile on Sunday, reporting net sales growth of $182 million over the fourth quarter of 2013, up to $950 million for 2014’Q1. On top of successful sales growth, First Solar reported first quarter GAAP net income per fully diluted … [continued]

Japanese Solar Industry Soaring

In the space of two days at the end of May three separate reports were released covering the soaring growth of Japan’s solar industry. Not only can solar replace nuclear power in Japan, but it is also set to become the world’s largest solar revenue market in 2013, thanks at … [continued]