Expect $1.6 Trillion in Clean Energy Investments Through 2020, Says IEA
Investments in new clean-energy capacity will total $1.61 trillion through 2020 even as the expansion of renewables is expected to slow, the International Energy Agency said.
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.
Ten Clean Energy Stocks for 2014: September Update and Thoughts on the Finavera Deal
Clean energy stocks and the market in general rebounded strongly in August. My broad market benchmark of small cap stocks, IWM, rose 4.5 percent, returning to positive territory up 1.7 percent for the year. My clean energy benchmark PBW also jumped back into the black with an 11.1 percent gain for the month and 10.8 percent for the year to date.
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.
Divesting from Fossil Fuels: Last One Out Loses