IEA report reveals that more than US $750 billion went to the electricity sector while US $715 billion was spent on oil and gas supply globally as the world continues on the path to electrification.

Bernadette Jordan, member of parliament for South Shore,St. Margarets, on behalf of Canada’s Minister of Natural Resources, the Honourable Amarjeet Sohi, has announced a $374,830 investment to help homeowners bring their home energy use to the net-zero level.

Make money first, save the planet second. Those are the reasons for most investors to get into green finance, according to HSBC Holdings Plc.

New Jersey’s biggest utility says it can make money by getting its customers to use less of what it sells.

The world must invest $2.4 trillion in clean energy every year through 2035 and cut the use of coal-fired power to almost nothing by 2050 to avoid catastrophic damage from climate change, according to scientists convened by the United Nations.

Crowdfunding has become a popular tool for people and organizations to use to test out their new ideas for green products while securing funds to begin operations. The most well-known crowdfunding websites, Kickstarter and Indiegogo, have helped a significant amount of projects in renewable energy and sustainability get off the ground, projects that have been the focus of previous installments in my ongoing articles series about crowdfunding in energy.

Wind or solar now represent the least expensive option for adding new power generation capacity in approximately two-thirds of the world.

Worldwide investments in clean energy projects have hit a six-year low.

Austrade has launched a digital health website showcasing Australia as an ideal location for developing, testing and launching the next generation of digital medical technologies.

Seoul-based genome specialist, Macrogen, has agreed a A$4.1 million investment in the Queensland microbiome testing and bioinformatics company, Microba.

A 200-hectare commercial wet-season cotton crop has been planted in Western Australia’s Ord Irrigation Scheme.

A Chinese fund has invested A$45 million to accelerate the development and commercialisation of translational health and medical research outcomes from South Australia. The investment will enable researchers from the University of Adelaide, University of South Australia, the state’s hospitals and other institutions to develop proof of concept, undertake clinical trials, and bring new drugs and technologies to the global market.

Statkraft AS, Norway’s state-owned power company, said it plans to plow as much as 60 billion kroner ($8.1 billion) into renewable energy around the world in the coming years after the government boosted its funding.

Serbia seeks to unblock investment in renewable energy after adopting legislation that opens gas and power markets in line with European Union guidelines.

Clean energy investments in India increased to $7.9 billion last year and are expected to surpass $10 billion in 2015.

California’s bet on green energy is paying off, with clean technology companies creating more jobs and investing more money than competitors in any other state.

Investors have spent more than $2 trillion on clean-energy plants in the past decade and last year added more renewable capacity than ever before.

Japan, the third-largest global bond player, is now becoming involved in using green bonds to have an affect on renewable energy that will likely include hydroelectric projects.  

Japan, the third-largest global bond player, is now becoming involved in using green bonds to have an affect on renewable energy that will likely include hydroelectric projects.  

Tidal energy developer Atlantis Resources Ltd. has entered into a partnership agreement with infrastructure developer, investor and fund manager Equitix worth at least US$714 million.

Companhia Energetica de Minas Gerais (Cemig) of Brazil recently released its first quarter earnings and revealed it has already spent almost half of its forecast investment total for 2016, spending BRL2.15 billion (US$610 million) from January to March, according to BNamericas.

Power Africa and Trade Africa Coordinator, Andrew Herscowitz, announced on Feb. 14 during the Abuja Electricity Distribution Co.’s two-day Distribution Company Workshop in Abuja, Nigeria, that the U.S. will invest US$1billion in the country through the U.S. Trade and Development Agency (USTDA).

India’s Cabinet Committee on Economic Affairs announced today it has approved investment for the generation component of the 900-MW Arun 3 hydropower project on Arun River in Sankhuwasabha district of eastern Nepal, for an estimated Rs. 5723.72 crore (US$854.4 million).
 

Grid technology firm Kaluza is investing in British blockchain company Electron.

Solar energy companies could fill the void created by the lack of secure energy transfer between UK and EU, the group says.

Yuba College, a community college part of the Yuba Community College District, this week completed a 1-MW solar carport installation that it says could result in $10 million of avoided utility costs over the life of the system. The District purchased the solar outright, which resulted in optimal savings.

Last Friday evening in Surprise, Arizona a storage facility owned by Arizona Public Service (APS) exploded, injuring four firefighters. Reporter for azfamily.com, Maria Hechanova, visited the scene yesterday and reported that the explosion happened while four hazmat firefighters from Peoria were working to extinguish a battery fire at the facility.

Through a strategic partnership, Ford will develop an all-new, next-generation battery electric vehicle for Ford's growing EV portfolio using Rivian's skateboard platform

Jeff Carpoff had a lot to celebrate as friends and business associates gathered at his company’s Christmas party last year.

Genex Power Limited has signed a share subscription agreement (SSA) with Electric Power Development Co Ltd, trading as J-POWER, for a conditional investment of up to AUD$25 million (US$17.5 million).

Worldwide investments in clean energy projects have hit a six-year low.

Energy Vault, the creator of a new way to perform utility-scale energy storage, announced that SoftBank Vision Fund (Vision Fund) invested $110 million in its Series B funding round. Energy Vault will use the funds to accelerate global deployment of its technology, which enables renewables to deliver baseload power for less than the cost of fossil fuels 24 hours a day, said the company. As part of the investment, Andreas Hansson, Partner for SoftBank Investment Advisers, will join the Energy Vault board of directors.

Hydro Tasmania says it is accelerating detailed investigation of three key opportunities for pumped storage hydro development in the state as part of the Battery of the Nation initiative. Work has begun on a full feasibility assessment of pumped hydro development opportunities at Lake Cethana and Lake Rowallan in the northwest and near Tribute Power Station on the West Coast.

Presentation by Jasbir Bath of Christopher Associates.

Several reports this week agree that cleantech investments fell in 2013, but that's not a bad thing. And the big question is what happens next: how much more is needed?

Once again flexing its investment muscles in renewable energy, Google is expanding its future purchasing plans for wind energy in Finland and taking a stake in another a Texas wind farm. Oh, and it also bought some home energy automation startup called Nest Labs.

The Intergovernmental Panel on Climate Change warns the world must triple its use of renewable energy AND develop nuclear power to avoid the worst ravages of climate change. OK. But what’s the optimal percentage of each to develop?

Meeting the world’s energy supply needs by 2035 will require $40 trillion of investment, as demand grows and production and processing facilities have to be replaced, the International Energy Agency said.

Investment in the UK’s distributed power generation market will witness a significant decline from almost $2.5 billion in 2013 to $939 million by 2019, according to new analysis.

A new report by utility and finance experts contains positive news for the environment, our air and our (and our utilities’) pocketbooks — the economics of electric power resources have made zero-emissions energy efficiency and renewable energy technologies the most financially attractive options to meet the nation’s future energy demands.

Clean energy investments in India increased to $7.9 billion last year and are expected to surpass $10 billion in 2015.

California’s bet on green energy is paying off, with clean technology companies creating more jobs and investing more money than competitors in any other state.

The renewable energy industry has come a long way in relatively little time. The costs of renewable technologies continue to go down, while renewable capacities at many utilities continue to go up. Although, in many cases, renewable technology is mature and ready for utility-scale deployment, state and federal production and investment tax policies appear less evolved.

Following the conclusion of the United Nations climate negotiations in Lima, Peru, last December, a busy schedule of breakout sessions has begun for Latin American business and political leaders in early 2015.

When I began my career 37 years ago, the main use of solar panels was on satellites — almost no one on Earth used solar energy. Oddly enough, the best place to be a solar engineer in the 1970s was at a large O&G company.

Wind or solar now represent the least expensive option for adding new power generation capacity in approximately two-thirds of the world.

Worldwide investments in clean energy projects have hit a six-year low.

The projects include a 999-MW wind facility being built north of Weatherford, a 287-MW wind facility being built southwest of Enid, and a 199-MW facility being built south of Alva. They are being developed by Invenergy.

Ireland is set to add 5.8 GW of non-hydro renewable power capacity over the next decade to reach a total 9.6 GW by 2030.

The global energy supply is turning greener.