Eco Wave to Raise $5 Million to Accelerate Ocean Energy Plans
Eco Wave Power, based in Israel, plans to raise $5 million by the end of the year to further develop its technology and projects that harness the power of the ocean to generate electricity.
Obama’s International Climate Strategy: More Grease for Renewables
It was good news for renewable energy when President Barack Obama in June proposed carbon dioxide restrictions on existing power plants. It is even better news now that he may use the plan to leverage an international climate accord.
Siemens Tidal Energy Project Suspended
Marine Current Turbines (MCT), the tidal energy company owned by German engineering giant Siemens has announced that it has suspended development of a planned 10 MW tidal array in Wales.
Exploring Finance Options: Yield-cos Don’t Fit the Bill for Many Renewable Energy Companies
Yield-cos have been grabbing headlines lately. Typically, large utilities spin off their high-yield alternative energy operations into separate smaller companies called yield-cos. These new companies are then taken public to attract individual and institutional investors.
US-China Rifts Put Aside for Clean Energy Research
The threat of climate change is driving China and the U.S. — frequent rivals and the world’s two largest greenhouse-gas emitters — to collaborate on dozens of potential clean-energy breakthroughs.
UN Climate Summit Heats Up Discussion on Global Warming, Carbon Emissions
More than 100 world leaders converged upon New York City today to discuss international efforts to reduce carbon emissions and combat climate change. The list of speakers at the UN Climate Summit included U.S. President Barack Obama, UK Prime Minister David Cameron, Brazilian President Dilma Rousseff, French President François Hollande, and Chinese Vice Premier Zhang Gaoli.
RGGI Chair Says States Won’t Leave Emissions Trading Market for California, Quebec
California and Quebec, which together created the largest carbon market in North America this year, may come away empty-handed as they woo northeastern U.S. states to join their system.
Scotland Rejects Independence, But Concerns Linger for a Renewables Future
Scotland’s decision to vote no to independence from the United Kingdom of Great Britain and Northern Ireland has elicited a collective sigh of relief from energy sector players. Those companies with significant investments in Scottish renewable energy assets had understandably been anxious over the uncertainty that an independent Scotland would engender, for example potentially changing the rules on support measures for renewable energy investment north of the border.
Ukraine Crisis May Spur EU Clean Energy Policies, Neste Oil Says
Europe’s concern about its reliance on Russian fossil fuels may spur governments to prioritize alternative energy, the head of Neste Oil Oyj said.
Ten Clean Energy Stocks for 2014: September Update and Thoughts on the Finavera Deal