Financing of US solar projects is in the midst of a transformation, with new business models, new investors, and new financing vehicles gaining sway, according to new research by specialist research firm Bloomberg New Energy Finance commissioned by Reznick Group.
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.
Global investment in clean energy reached a new record of $260bn in 2011, up 5% on 2010 and almost five times the total of $53.6bn in 2004. Investment in solar far outstripped that in wind, and perhaps of most note, US clean energy investment moved back ahead of China for the first time since 2008, [...]
Winners to be Announced in Mid-February 2012 EINDHOVEN, THE NETHERLANDS – “With a significant amount of the world’s solar photovoltaic (PV) modules currently being produced on Dutch equipment,†notes Paul Stassen, TULiPPS Solar B.V. managing director, “the Netherlands are well represented in the world of solar. That’s why we’re so excited to learn that TULiPPS [...]
The Clean Energy Trust is reviewing more than 100 applications submitted for the 2012 Clean Energy Challenge business competition. The Challenge seeks the best business ideas in the Midwest with the potential to bring new clean energy technology to the marketplace. Applications closed this week for the second annual competition. Submissions for the $100,000 early-stage [...]
Offshore wind energy capacity in Europe is projected to increase 17-fold between 2010 and 2020, while newer renewable technologies such as concentrated solar power and wave/tidal power will also increase more than 11-fold according to projections. European countries are also expected to significantly boost solar photovoltaic power, onshore wind and other renewable technologies over the [...]
India is densely populated and has high solar insolation, an ideal combination for using solar power in India. India is already a leader in wind power generation. In the solar energy sector, some large projects have been proposed, and a 35,000 km2 area of the Thar Desert has been set aside for solar power projects, [...]
Pittsburgh – Today, Texas Governor and Republican presidential hopeful Rick Perry unveiled his energy plan for America. The plan, if implemented, will poison our air and water with toxic pollutants like soot, smog, arsenic, cadmium, dioxin, lead, and formaldehyde. It would also undercut safeguards from mercury, which is a neurotoxin and is known to harm [...]
More than $1.1 million Approved through Energizing Careers Program The Ohio Department of Development has approved more than $1.1 million in Energizing Careers Program grants for 10 Ohio companies to assist in training workers in advanced energy technologies. The program is made possible through the American Recovery and Reinvestment Act State Energy Sector Partnership Training [...]
Company to Develop New Technology to Capitalize on Fastest-Growing Energy Sector On the Move Systems, Inc. President and CEO Chet Gutowsky announced today that the company has begun focusing on the development of new technology to compete in the solar energy industry, the fastest-growing energy sector in the U.S. “The U.S. solar market grew a [...]
Abengoa has signed an agreement with Bharat Heavy Electricals Limited (BHEL) and formalized a strategic partnership to jointly undertake Concentrating Solar Power (CSP) projects in India. This agreement is wide-ranging, covering joint supply and implementation of CSP plants through EPC contracts (Engineering, Procurement and Construction). It also includes analysis of new areas of co-operation outside [...]
CNPV Solar Power SA, a public limited liability company organized under the laws of the Grand Duchy of Luxembourg and a leading integrated manufacturer of solar photovoltaic products, has announced that it has entered into a long-term strategic partnership agreement with Donauer Solartechnik Vertriebs GmbH, a leading project developer and supplier of solar photovoltaic and [...]
GE Executive Reveals Promise of Energy Evolution for EU The European Union can be a leader in the implementation of a 21st century energy infrastructure, according to the keynote address by GE’s Bob Gilligan at the IEEE Smart Grid World Forum in Brussels today. While outlining the challenges of growing electricity demand and its environmental [...]
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