U.S. to Fast-Track Offshore Wind Farms

February 9, 2012

The Obama administration said it plans to make coastal areas available to wind energy developers by the end of the year.

New Public-Private Fund Aims to Raise $140 Bil for Green Projects

February 9, 2012

A new $4.7 billion public-private investment fund designed to spark private investment of at least 30 times that amount in emerging country green energy projects was recently announced....

U.S. DOE-Backed Ener1 Filed for Bankruptcy

February 9, 2012

Ener1 is the third Energy-Department-backed company to file for bankruptcy, after solar panel maker Solyndra and energy storage firm Beacon Power. However, its filing will enable it...

U.S. Bank: Renewable Energy an “Excellent Asset Class”

February 9, 2012

U.S. Bancorp takes a strong position on renewable energy while troubles expected to loom over the U.S. wind industry if subsidies expire.

Who's Cutting Clean Energy Subsidies?

February 9, 2012

China, Britain, Germany and India are planning to phase out clean energy subsidies. Spain, however, abruptly halted its subsidies for new projects last month to the chagrin of the...

How India Keeps Powering Wind & Solar Growth

February 9, 2012

Investment in clean energy projects grew faster in India than in any other major economy in 2011, and it has plans to aggressively develop its solar and wind industries in 2012.

China Aggressively Pushes Wind & Solar Overseas

February 9, 2012

China’s state-controlled banks are signing billions of dollars of credit lines with wind and solar manufacturers to fund capacity expansion and overseas business.

Fundings+Deals

E&Y: U.S. Clean Tech Venture Funding Down 4.5% in ‘11

Summary:

Clean Tech venture funding rose 4.5% to $4.9B in ’11 and was flat in terms of the number of deals, according to an E&Y analysis. The article ranks industry segments receiving investment and highlights corporate activity and partnerships being created across segments to boost development and increase ROI.

Fundings+Deals

PwC: Renewables Deals up 40% in ‘11, Shake-out Looming

Summary:

Renewable energy deal value rose 40% to $53.5B in 2011 with big deals (>$1B) becoming more common in the wind, solar and biomass segments. Solar and energy efficiency deals nearly doubled year-on-year. Entry of pension and insurance funds show the industry is maturing, and overcapacity and consolidation could make for a tough industry deal environment in ‘12.

Policy

NYSERDA’s New York Solar Study

Summary:

The study explores policy options that could be used to achieve goals of 2,500 MW of installed capacity operating by 2020 and 5,000 MW operating by 2025 under the Power Act of 2011. It examines the per megawatt costs of achieving the goal, its net economic and job impact, its environmental impact and policy options.