The dollars are continuing to flow into the renewable energy sector, in investments of all types and in government funding. Financial activity in renewables is strong and trending upward, despite questions of uncertain subsidies and rapidly changing costs. In the third quarter of this year, total corporate funding in the wind energy industry totaled $2.4 billion, according to consulting firm Mercom Capital Group. That funding includes venture capital, public market financing, and debt financing. In a VC deal, Goldman Sachs Group invested $140 million in ReNew Power Ventures.
California continues to lead the country in the move toward renewable energy sources. Over 20 percent of the state’s electricity is now sourced from renewables by its three biggest utilities. In March of this year, a record level of renewable use was recorded, when utility-scale solar supplied three million homes with 4.5 gigawatts of power, accounting for five percent of the state’s overall electricity demand. This total rises to 17 percent of demand when wind, geothermal, and biomass are counted in the numbers, and to 22 percent when hydropower is included.
Will lead company in next phase of growth through expansion of impact investment practice to deliver shared value to businesses
BURLINGTON, VT, July 15, 2014 /3BL Media/ – NativeEnergy, Inc., a leader in the carbon offset market for more than a decade, announced today that Jeff Bernicke has been promoted to Chief Executive Officer. Bernicke has been President of NativeEnergy since 2010 and will retain his role as President.
Critics of U.S. energy practices have long complained about the lack of a comprehensive national energy policy. Over the past few years, the Obama administration has put forth an “all of the above” plan, which includes nuclear, although no new nuclear plants are being built; “clean coal,” an energy source with a doubtful definition; and natural gas, sidestepping the controversy over fracking.
Projects in three states will lead the way as the United States attempts to leap ahead on offshore wind power by deploying cutting-edge technologies. The Obama administration announced on Wednesday it would grant awards of up to $47 million apiece to three renewable energy projects.
The jury is still out on what works to protect wildlife.
About an hour's drive east of San Francisco, steady winds blow about half the year through a stretch of terrain dotted with thousands of electricity-generating turbines.
Since the 1960s, Altamont Pass has been a proving ground for wind power. Now it's a test bed for solutions to one of the industry's biggest downsides: Turbines kill thousands of birds and bats annually.
Do you ever wonder why so many people ride bikes in a place like the Netherlands while so few do in Texas? Both places are flat with temperate weather, and physicists call the bicycle the most efficient means for human transportation yet invented, so why do residents in one location ride bicycles at so much lower a rate? Well, the answer, it turns out, is complicated and involves political, cultural, and practical factors.
13,000 metrics tons of carbon emissions to be reduced with 900kW turbine at K-12 school
January 30, 2013 – Burlington, VT – Two leaders in corporate sustainability have come together with other small businesses like The Clymb to purchase Help Build™ carbon offsets from NativeEnergy, providing essential upfront funding for a 900kW wind turbine at the Shenandoah School Corporation campus in rural Middletown, Indiana.