Surges in investment in offshore wind energy in Europe, and solar power in China and the US, helped to drive the 2014 global clean energy total up 16% to $310bn. Clean energy investment rose for the first time in three years in 2014, overcoming a slump in oil prices that unsettled the outlook for the … Continue reading Rebound in clean energy investment in 2014 beats expectations
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Oil price plunge and renewable energy
The 45% fall in oil prices is being portrayed as a big blow to clean energy deployment. In fact, its impact will vary by sector and region, but will be modest in major electricity markets where renewables compete with gas and coal, and benefit from stable policy support. The collapse in world oil prices in … Continue reading Oil price plunge and renewable energy
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Study shows clean energy activity surges in developing world
Developing nations represent a large and rapidly growing share of the world’s clean energy investment, according to Climatescope 2014, a landmark study released today. The results suggest renewable technologies can be just as cost-competitive in emerging parts of the world as they are in richer nations. Climatescope, a country-by-country assessment, interactive report and index, offers … Continue reading Study shows clean energy activity surges in developing world
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Renewable energy investment at risk from Scottish referendum vote
A “yes” vote on 18 September would create uncertainty over the future of the integrated UK power market and over support for renewable energy in Scotlan. A vote by Scotland in favour of independence from the UK would be likely to damage clean energy investment, at least in the short term, as developers and banks … Continue reading Renewable energy investment at risk from Scottish referendum vote
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$63.6 billion renewable energy investment for Q2 2014
Bloomberg New Energy Finance has released some promising numbers regarding clean energy investments around the world. $63.6 billion was invested in the second quarter of 2014, which was an improvement of 33% over the first quarter of 2014. It was also a 9% improvement over the second quarter for 2013. The record was $78 billion … Continue reading $63.6 billion renewable energy investment for Q2 2014
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Wind power provided 4 per cent of Australia’s overall electricity demand in 2013, with 1639 wind turbines
This year’s report shows that 14.76 % of Australia’s electricity came from renewable sources in 2013, enough to power the equivalent of almost 5 million homes. The total was boosted significantly by some of the strongest hydro generation in recent years, while household solar and large-scale wind also made record contributions. Here are some more … Continue reading Wind power provided 4 per cent of Australia’s overall electricity demand in 2013, with 1639 wind turbines
Continue readingStronger first quarter for global investment in clean energy
Investment in clean energy worldwide rallied nearly 10% in the first quarter of 2014 compared to the same period a year earlier, reaching $47.7bn. The first-quarter figure owed much to a 42% jump in investment in small-scale solar, as households and businesses in countries such as Japan and the US took advantage of the big … Continue reading Stronger first quarter for global investment in clean energy
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144 Members of Congress Urge Investment in Clean Energy
Members of Congress from both parties – representing more than a quarter of each chamber – called for an extension of federal tax credits for wind energy today. In the Senate, Mark Udall (D-CO) and Charles Grassley (R-IA) were joined by 24 of their peers on a letter to Senate Finance Committee leadership calling for … Continue reading 144 Members of Congress Urge Investment in Clean Energy
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Nevada a $5 billion Clean Energy Success Story
Clean energy investment in Nevada has accelerated rapidly in the past five years thanks to Nevada’s widespread leadership and support for the clean energy economic sector, reaching at least $5.5 billion just since 2010, according to a new report available at cleanenergyprojectnv.org. Nevada’s emergence as a renewable energy hub will also be symbolized by four … Continue reading Nevada a $5 billion Clean Energy Success Story
Continue readingJoin the Race To the Clean Energy Future
Crowdsourcing platform Join the Race to the Clean Energy Future is helping development of cutting-edge ideas on how to improve renewable energy technologies and their integration into urban environments. Join the Race to the Clean Energy Future is Enel Green Power’s crowdsourcing platform aimed at creating a sustainable future, through which it will address the … Continue reading Join the Race To the Clean Energy Future
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Hundreds of billions flowing to renewable energy
Despite all the recent media focus on the rise of shale gas and unconventional oil in North America, global renewable energy industries are in fact booming. Having just returned from my second clean energy finance summit this year, I was relieved to find that despite the rumors, the renewable energy industries aren
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Saudi Arabia plans to install 54 GW of solar power (PV and CSP) and wind energy capacity by 2032
King Abdullah City for Atomic and Renewable Energy (KA-CARE) unveiled a white paper detailing the tender processes for new solar photovoltaic (PV) and concentrated solar thermal power plants, wind farms, geothermal energy facilities and waste-to-energy plants. The first three rounds of contracts are now expected to be awarded before 2015, with a view to creating … Continue reading Saudi Arabia plans to install 54 GW of solar power (PV and CSP) and wind energy capacity by 2032
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