Investments in wind and solar will need to reach $13 trillion over 30 years so as to reduce CO2 emissions by 64% in 2050 compared to current levels, according to a new report published this week by Dutch bank ING.
The European wind energy industry invested a total of €65 billion ($73 billion) in 2018 including €27 billion on new wind farms which, thanks to cost reductions, will finance a record 16.7 GW of new wind capacity.
A new report from analysts Clean Energy Pipeline has shown that global clean energy investment totaled $66.2 billion in the second quarter of 2014, the highest total since the end of 2012. “It is perhaps a little early to make predictions, but based on investment levels during the first six … [continued]
Wind energy is cheap. As such, it’s a good long-term investment for companies with the capital… such as insurance companies. A new analysis from PwC, European Power & Renewables Deals. Quarterly M&A outlook, finds that insurers and other financial bodies are increasingly looking to wind energy in Europe for … [continued]
New research on clean energy financing in the Group of Twenty (G-20) nations released by The Pew Charitable Trusts shows that investment grew to a record $263 billion in 2011, a 6.5 percent increase over the previous year, with the United States beating out China in the race to secure … [continued]
In the past 10 years or so, the world has seen a clean energy revolution. With growth rates like seen in the telephone industry, computer industry, and internet industry during comparable revolutions, clean energy options like solar and wind have been growing tremendously in recent years.
Clean Edge has been tracking the cleantech industry since 2000 and, in combination with its annual report on cleantech investment and growth, it reflected on the last 10 years as a whole this year. Clean Energy Trends 2011 reports a number of interesting statistics, the most salient of which I’m sharing below.
This weekend the main Chinese legislature adopted an amendment to the renewable energy law, requiring that utilities buy all the electricity produced by renewable energy generators. Power enterprises refusing to buy power produced by renewable energy generators would be fined up to an amount double that of the economic loss of the renewable energy company.
In one of the renewable energy sector’s largest IPO’s ever, China’s Longyuan Power Group Corp, Asia’s largest wind power generator is raising money in a share offering this month that is expected to raise $2.2 billion, with trading scheduled to begin on Dec. 10. [social_buttons] Who’s buying? Billionaire Wilbur L. Ross … [continued]
The US is falling behind in the clean energy race, Steven Chu told a Clemson University symposium, while visiting South Carolina on Monday. The University has just won a Department of Energy grant for wind testing at a world-class level, and will be testing wind turbines larger than ever before … [continued]
