South Korea’s LG to Invest 8 Trillion Won in “Green New Business”
South Korea-based LG, the second largest business conglomerate in the country, announced new plans to invest 8 trillion won (US $6.8bn) into the promising “green new business” sector. By 2015, LG’s...
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A ‘Turning Point’ for Solar Energy in the United States
Solar energy is reaching a “turning point” in the United States. As component prices fall and installations expand, the industry has experienced significant growth over the past few years and is set...
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Investment in Clean Energy May Double to $395bn by 2020
Bloomberg New Energy Finance predicts strong growth in solar and off-shore wind energy may propel annual investments in clean energy to double by 2020, reaching an estimated $395 billion a year. By...
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Brazil: Wind Could Be Second Largest Power Generation Source by 2015
Brazil is making a serious entrance into the global wind power market. Based on new government energy plans, in a few short years, wind could become the second largest power generation source in the...
View ArticleClean Energy, Efficiency and Smart Energy Technologies Achieve Trillion...
As we come to the close of what has been a challenging year for the global economy, we are pleased to report positive news in the clean energy investment sector. Bloomberg New Energy Finance (BNEF)...
View ArticleChina Increases Solar Power Development Target by 50%
China’s National Energy Administration announced ambitious new development targets for solar and wind energy. By 2015, China aims for 15GW solar capacity and 100GW of wind capacity, according to data...
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PV Installations Rise 40% in United States
Third quarter photovoltaic (PV) installations in the United States increased 40%, says a report released recently by the trade group Solar Energy Industries Association (SEIA) and research firm GTM...
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Google, TransCanada & Warren Buffett: New Investors in Solar Power
Solar power installations in the United States have reached record highs this year. As we reported previously, third quarter photovoltaic installations rose by 40%, bringing total installed capacity...
View ArticleState of the Union Address – Renewed Focus on Energy
Investing in clean energy, expanding energy efficiency programs and harnessing America’s vast natural gas resources received considerable emphasis in President Obama’s State of the Union Address....
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Strong Connection Between Economy & Environment – Investors Taking Action
Many of the world’s leading executives and investors believe in a strong connection between the economy and the environment. Talk of a “political battle” between the two major focal areas is mere...
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