Nations Meet on Climate Cash, U.N. Sees Long Haul

Thursday, September 2nd, 2010

(Reuters) – About 45 nations met on Thursday to seek ways to raise billions of dollars in aid to help the poor combat climate change as the United Nations warned them of a long haul to slow global warming.

Environment ministers and senior officials in Geneva were reviewing whether rich (more…)

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Fannie Mae and Freddie Mac Digging in on PACE

Wednesday, September 1st, 2010

Fannie Mae and Freddie Mac have already put a halt to many state clean energy and energy retrofit programs affectionately known as Property Assessed Clean Energy (PACE) or PACE like obligations. In July, California Attorney General and candidate for Governor, Jerry Brown, filed a lawsuit against Fannie Mae and Freddie Mac alleging that Fannie Mae and Freddie Mac (more…)

Solar Bubble: Are the Risks of Leasing Understood by the Consumer?

Monday, August 30th, 2010

The biggest deterrent for retail consumers to install solar panels on their rooftops is the upfront cost, which may vary depending on the country and state incentives. The cost of repair is on the owner of the panels (most panels are insured for 20 years or more and since they have no moving parts are pretty stable). The inverter that coverts the current to a usable form needs to be (more…)

The Free Market Guide to Subsidies for Energy

Monday, August 30th, 2010

Of all the lousy things fossil fuels do to our health, finances and national security, add one more: Ideological blindness.

How else can we explain why some otherwise sensible proponents of free markets support huge government subsidies for coal, oil, natural gas and nuclear power? (more…)

France Announces Massive Investment in Cleantech

Tuesday, August 24th, 2010

The French government recently announced a large investment program for renewables and green chemistry. The investment, totaling 1.35 billion euros ($1.75 billion) will be allocated over the next four years.

Named “ Démonstrateurs énergies renouvelables et chimie verte ” – or renewable energy and green chemistry demonstration – this program plans to allocate 450 million euros in subsidies and 900 million euros in (more…)

Blackstone Invests $300 Million in One of India’s Leading Solar PV Companies

Friday, August 20th, 2010

US private equity firm Blackstone has decided to invest $300 million in one of the leading solar PV companies in India, Moser Baer (Private) Limited.

Moser Baer (NSE: MOSERBAER) has a diversified portfolio ranging from manufacturing of computer peripherals to fabrications of solar panels. While their (more…)

New York Going Solar: Pay Attention to the Details

Monday, August 16th, 2010

Last Wednesday, the New York State Research Research and Development Authority (NYSERDA) made details about new financial incentives for solar installations (PON2112) available on its site.

Putting forth a strong commitment to solar energy in the state, NYSERDA is offering (more…)

Green Business Blog Carnival Week 10

Friday, August 13th, 2010

It’s Friday. Before you pack your bags and head out to the Hamptons for the weekend, check out what is new in the Green Business Blog Carnival this week. Your portfolio might thank you for it! Thanks to our friends at sustainablog and Triple Pundit for coming up with the carnival. Next week, check out the carnival at Green Marketing TV. (more…)

Keeping an Eye on PACE

Wednesday, August 4th, 2010

We are not ones for pessimism, so we’ll call this the character-building period of the PACE campaign. The California Energy Commission has just announced that they are putting their PACE program on hold. (Read more here). We have scant time before the August congressional recess. This means time is short to get an immediate legislative fix to the PACE crisis. (more…)

Southern California Edison Awards Contracts for Solar

Tuesday, July 27th, 2010

FERC may have recently put the kibosh on states implementing European-style Feed-in Tariffs, but that doesn’t mean the U.S. is left high and dry without ways to drive wholesale solar markets. We’re seeing daily action from utility PV programs that play by FERC’s rules.

Just today, Southern California Edison announced 60 MW worth of contracts under (more…)

 
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