Green Energy
Renewable Energy Investments goes down
2013-04-17 (canadian association for renewable energies) Global investment in renewable energies is down 38% from Q1 of last year, according to Bloomberg New Energy Finance, a sharper decline that the 22% decline in energy investments worldwide. It was the weakest quarter for clean energy investment since 2009, although most of Asia (excluding China) surged in renewable energy investment, led by Japan. The overall downturn is due to lower financing in large wind and solar projects, the effects of policy uncertainty in key markets such as the US and Germany, and the effect of recent sharp declines in technology costs, particularly those of solar PV panels. Bloomberg CEO Michael Liebreich says Q1 2013 investments for renewables, energy efficiency and energy-smart technologies was $40.6 billion. “For investment in clean energy to play its role in stemming the growth in world GHG emissions, we would need to see investment levels at least double by 2020, rather than fall.” The US experienced a 54% year-over-year decline to $4.5 billion, China retreated by 15% to $8.8 billion, and Europe dropped 25% to $13.4 billion. The largest decline was in the asset finance of utility-scale projects such as windfarms and solar parks, which fell 34% to $19.3 billion.
-
The Growing Economic Case For Renewable Energy
By Nick Lawton, Policy AnalystThe economic case for renewables continues to become stronger. Solar and wind energy facilities are simultaneously becoming more efficient and less costly. Today, in terms of levelized cost of energy...
-
First Us Public Offering Of Solar Bonds: Can Crowdfunding Take Clean Energy To The Next Level?
The largest solar installer in the US announced Wednesday that it is offering up to $200m in bonds to retail investors, marking the first registered public sale of solar bonds in the country. SolarCity’s landmark move toward crowdfunding could democratize...
-
Nsw Renewable Energy Action Plan
The NSW Government has released its draft Renewable Energy Action Plan for public comment. The draft Renewable Energy Action Plan outlines 28 actions to help NSW meet the Government’s target of 20% renewable energy by 2020, steer investment to NSW...
-
Clean Energy Week
Australia's peak body for renewable energy has welcomed Opposition Leader Tony Abbott's renewed commitment yesterday to the national 20 per cent Renewable Energy Target (RET). Clean Energy Council Chief Executive Matthew Warren said the Howard...
-
Solar Pv Industry Revenues Fall 19% In 2012
Article published on www.solarserver.com/solar-magazine/solar-news on March, 13th 2013. Clean Edge Inc. (Portland, Oregon, US) has released a report which finds that while lower prices drove a record 30.9 GW of global solar photovoltaic (PV) installations...
Green Energy