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Renewable energy fund raises $81m at first close

January 19, 2012 News 2 Comments
Hydroelectric power still is the main renewable energy source in Latin America and the Caribbean.

Hydroelectric power still is the main renewable energy source in Latin America and the Caribbean.

A Latin American renewable energy fund is on the cusp of its first close, having attracted a $30 million loan from the Inter-American Development Bank (IDB).

The Emerging Energy Latin America Fund II, operated by Connecticut-based asset management firm Emerging Energy & Environment (EE&E), has raised a total of $51 million in equity investments in addition to the $30 million IDB loan. … Continue Reading

Renewable Energy Raises $72 Million, Pricing Shares Below Range

January 19, 2012 News 1 Comment
renewable energy group ipo

Renewable Energy Group Inc. IPO now on the Nasdaq Market

(Bloomberg) — Renewable Energy Group Inc., the biggest U.S. biodiesel maker, raised $72 million in its initial public offering, pricing the shares below the proposed range.

The Ames, Iowa-based company, which turns ingredients including soybean oil into biodiesel for cars and trucks, sold 7.2 million shares for $10 each, according to data compiled by Bloomberg, after offering them for $13 to $15. The stock will begin trading today on the Nasdaq Stock Market under the symbol REGI. UBS AG and Piper Jaffray Cos. led the offering. … Continue Reading

Siemens puts cost of nuclear exit at 1.7 trillion euros

January 17, 2012 News 3 Comments
Smoke rises from the cooling towers the nuclear power station in Gundremmingen, southern Germany, 2010.

Smoke rises from the cooling towers the nuclear power station in Gundremmingen, southern Germany, 2010.

(Reuters) – Germany’s exit from nuclear power could cost the country as much as 1.7 trillion euros ($2.15 trillion) by 2030, or two thirds of the country’s GDP in 2011, according to Siemens (SIEGn.DE), which built all of Germany’s 17 nuclear plants. … Continue Reading

World Future Energy Summit Highlights Renewables, Sustainability

January 17, 2012 News 2 Comments
UN Secretary-General Ban Ki-moon speaks at the opening ceremony of the World Future Energy Summit 2012 in Abu Dhabi, January 16, 2012 (Photo by Evan Schneider courtesy UN)

UN Secretary-General Ban Ki-moon speaks at the opening ceremony of the World Future Energy Summit 2012 in Abu Dhabi, January 16, 2012 (Photo by Evan Schneider courtesy UN)

ABU DHABI, United Arab Emirates, (ENS) – The annual World Future Energy Summit opened today in Abu Dhabi with a call from UN Secretary-General Ban Ki-moon for support of his Sustainable Energy for All Initiative. … Continue Reading

UN chief calls for stepped up action by governments, private sector to boost clean energy

January 16, 2012 News No Comments
After journeying over 48,000km using only energy from the sun, the world's largest solar-powered boat docked in Abu Dhabi yesterday to mark the opening of the annual World Future Energy Summit.

After journeying over 48,000km using only energy from the sun, the world's largest solar-powered boat docked in Abu Dhabi yesterday to mark the opening of the annual World Future Energy Summit.

ABU DHABI, United Arab Emirates — Governments and the private sector must ramp up their investments into sustainable energy as part of a larger effort to alleviate poverty around the world and combat climate change, the U.N. chief told an energy conference Monday. … Continue Reading

Chinese renewable energy share tops 11 per cent

January 16, 2012 News 5 Comments
China Is Going Green, In The Next Five Years

China Is Going Green, In The Next Five Years.

Chinese premier Wen Jiabao today insisted the country is working “vigorously” to advance clean energy, but insisted fossil fuels are not going to be phased out any time soon.

Wen told the World Future Energy Summit in Abu Dhabi that China has increased its share of renewable energy to 11.4 per cent in 2011, compared to 8.4 per cent in 2010. … Continue Reading

Denmark’s Green Europe Meets Chinese Wall as Vestas Cuts Jobs to Survive

January 13, 2012 News 1 Comment
Vestas, a Danish company headquartered in Randers, Denmark, has gained a reputation as a worldwide leader in wind turbine manufacturing.

Vestas, a Danish company headquartered in Randers, Denmark, has gained a reputation as a worldwide leader in wind turbine manufacturing.

Denmark’s push for a green Europe suffered a reality check as domestic wind turbine producer Vestas Wind Systems A/S (VWS) cuts back one tenth of its workforce to survive Chinese competition and a slump in demand. … Continue Reading

Worldwide Renewable Energy Investments Rose to Record $260 Billion in 2011

January 13, 2012 News 3 Comments
world map of renewable energy

World map of Renewable Energy

In contrast to what the press led most Americans to believe, 2011 was a strong year for the renewable energy industry.

Despite a sluggish economy and a painful squeeze on manufacturers, investments in renewable energy rose 5% from 2010 to $260 billion.

That’s a new record and almost five times the $53.6 billion spent in 2004. … Continue Reading

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Featured Blog

Some Good And Some Not-So-Good Clean Energy Stock Investments

9 Sep 2012

An energy policy for the United States has become like the weather: everyone talks about it, but no one ever does anything about it. This lack of consistent direction has created volatile, and recently, sharply negative returns to investors in the Alternative Energy space. With a lot of hot air being generated in the months …

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The Lagging States For Renewable Energy Development

9 Sep 2012

Wind turbines near Rock Port, Missouri

Despite the availability of clean and sustainable energy sources like solar, wind, hydropower, geothermal and biomass, many states depend on outdated and dirty energy sources. Ohio, Pennsylvania, Indiana, Missouri and Tennessee are among the most in need of an energy portfolio diversification. The Natural Resources Defense Council (NRDC) has identified solutions for these and other …

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As The Solar PV Landscape Evolves So Does Its Growth Potential Ahead

17 Aug 2012

Solar Demand

 Demand for solar PV energy in the U.S. continues to gain considerable traction. During 2011, installed PV capacity reached the 2 GW level, with 880 MW allocated to the commercial sector and 760 MW to the utility segment. However, this growth has not been realized without certain challenges. Indeed, often years of negotiation take place …

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Airborne Wind Turbines: New Renewable Energy Source

16 Aug 2012

altaeros_energies_air_wind_turbine

When somebody mentions renewable energy, most of us think primarily of methods we can use for home production, namely wind turbines and solar panels. However, there are a number of alternative energy sources still waiting to break through into the public conscience. Airborne forms of wind power are arguably some of the most exciting amongst …

(3 Comments)

Featured Blog

United States Leading the World in Renewable Energy

9 Oct 2012

Sustainable Energy and Renewable Energy are terms that are thrown around a lot these days, but what exactly do they mean, and how many countries are taking them seriously? The US Energy Information Administration (EIA) estimates that in 2008, 10% of the world’s energy consumption was from renewable energy sources. EIA forecasts that by 2035, consumption …

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Petitioners Support Offshore Wind Energy And Jobs In Georgia

9 Sep 2012

Seth Gunning of the Sierra Club lets us know why he supports offshore wind energy.

On August 31, SACE and the Sierra Club hosted the “Wind Works: For Jobs, for Georgians” rally on Tybee Island.  The  Tybee Pier and Pavilion, where the rally was held, proved to be a great spot for the event.  We were able to reach out to about 300 people – substantially from the coastal community – …

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From Old Cotton Blue Jeans To Green Home Insulation

5 Aug 2012

Erek Hansen of Curtice, Ohio, stands on a pile of jeans. His goal is to send 5,000 pairs to Cotton: From Blue to Green, a group that collects denim to recycle into housing insulation.

Since 2006 Bonded Logic, an Arizona-based cotton fiber insulation manufacturer, and Cotton Incorporated, an association of cotton manufacturers, growers and retailers, have teamed up to change the final resting place for approximately 200 tons of unwanted denim from the landfill to new homes in the United States, in the form of denim insulation. The “Cotton. …

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States Have Enormous Potential for Generating Renewable Clean Energy

5 Aug 2012

A new study of renewable energy’s technical potential finds that every state in the nation has the space and resource to generate clean energy.

A new study of renewable energy’s technical potential finds that every state in the nation has the space and resource to generate clean energy. The U.S. Department of Energy’s National Renewable Energy Laboratory produced the study, U.S. RE Technical Potential, which looks at available renewable resources in each state. It establishes an upper-boundary estimate of …

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