In the global race to secure private clean energy finance and investment, the United States reclaimed the top spot, after trailing China since 2009. Globally, investment grew to a record $263 billion in 2011, a 6.5 percent increase over the previous year, according to new research on clean energy financing in Group of Twenty (G-20) nations released by The Pew Charitable Trusts.
According to Bloomberg New Energy Finance, Investment in India out-paces the rest of the world, thanks to the improving cost-competitiveness of wind and solar Clean energy investments in India reached $10.3bn in 2011, some 52% higher than the $6.8bn invested in 2010. This was the highest growth figure of any significant economy in the world. [...]
Investment in India out-paces the rest of the world, thanks to the improving cost-competitiveness of wind and solar Clean energy investments in India reached $10.3bn in 2011, some 52% higher than the $6.8bn invested in 2010. This was the highest growth figure of any significant economy in the world. There is plenty of room for [...]
The World Bank this week approved $297 million in loans to Morocco to help finance the Ouarzazate Concentrated Solar Power Plant Project, taking a historic step toward realizing one of the first large-scale plants of this kind in North Africa to exploit the region’s vast solar energy resources. With this approval from the Bank’s Board [...]
On Friday 4th November the IPP Procurement Programme in South Africa will see the deadline for the first round of bids. The IPP programme has been designed to contribute towards the target of 3 725 megawatts of renewable energy and towards socio-economic and environmentally sustainable growth. The vision is to start and stimulate the renewable industry [...]
The Maldives will harness the power of the sun to generate most of the country’s electricity by 2020, the Ministry of Economic Development announced on last week. The Maldives ‘renewable energy investment framework’, in effect a plan for a carbon neutral energy sector, which has been published online today, includes a mandatory target for the [...]
I hate to say , “I told you so” but…Â Solar Energy is looking like a better idea everyday. Even politicians are realizing that with coal and nuclear energy quickly falling out of favor clean energy investments such as solar thermal and PV offer a much needed alternative. Safe clean energy that is creating more jobs [...]
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