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Shanghai invests in clean energy
According to the city government, a total investment of CNY18 billion (or €2.2 billion) may be required by 2015 to increase Shanghai’s capacity of clean energy, mainly wind power. The expenses will play a crucial role in Shanghai’s target of having 1% of its primary use from non-fossil fuels that are locally developed and creating a local new energy industry. The target excludes solar heating.
read more... 17/01/2012
Japan to make a $34 bln investment in Australian gas
Japanese oil and gas producer Inpex and French energy giant Total announced on Friday a major $34 billion gas project off Australia, with most of the liquefied natural gas produced sent to energy-hungry Japan, as it is seeking for an alternative to nuclear power following the Fukushima catastrophe.
read more... 13/01/2012
Investments into renewables to reach 260 billion dollars
According to Bloomberg New Energy Finance, renewable energy investments increased 5 percent to a record 260 billion dollars in 2011. Supportive governmental programs in U.S. sustained investments into solar power which rose by a third to 55.9 billion dollars, beating China with 47.4 billion dollars investments.
read more... 13/01/2012
British renewable investments account for 3.8 billion dollars this year
The British ruling institutions announced recently that U.K. renewable energy investment accounted for 2.5 billion pounds (3.8 billion dollars) this year due to committed funds from Toyota Motor Corp. (7203) to Vestas Wind Systems A/S (VWS).
read more... 02/01/2012
DECC: UK renewable investments hit £2.5bn this year
The Department for Energy and Climate Change (DECC) revealed that the UK invested almost £2.5bn in renewable energy projects this year, creating almost 12,000 jobs across the country since the April 1.
read more... 30/12/2011