Geothermal Energy News
- Brazilian Bank Raises $408 Million for Renewable Energy and Water Projects
The Brazilian bank Itau Unibanco Holding SA raised 1.05 billion reais ($408 million) to finance renewable energy and water treatment projects.
- Climate Change: The Need for a More Consistent Baseline and Immediate Action
The UN climate conference in Lima set the stage for Paris in 2015. Next year?s accord is to provide a working, albeit not a final, answer to the question: Is it possible to keep global warming at or below the 2 degree Celsius limit? This limit is considered the boundary beyond which the negative climatic, economic and social consequences of climate change are thought to become intolerably severe and potentially irreversible.
- India Clean Energy Investments Rose 13 Percent to $7.9 Billion in 2014
Clean energy investments in India increased to $7.9 billion last year and are expected to surpass $10 billion in 2015.
- China Nears Publication of Plan to Guide Geothermal Developments
China could be nearing publication of a plan to guide the development of geothermal energy resources over the next few years as it plunges ahead with efforts to get more of its energy from renewable sources.
- Obama's State of the Union Speech Highlights US Renewable Achievements, Clima...
President Obama has been under intense scrutiny for what he would do about climate change ever since he was elected in 2008. Part of that scrutiny takes place during his State of the Union Speech, when renewable energy proponents search for key words about solar and wind energy and count how often he mentions "climate change."
- Renewable Energy Will Shrug Off Oil Slump, Say Analysts
Spending on renewable energy, which surged 16 percent in 2014, will remain strong this year, largely unaffected by the slumping oil prices that have artificially depressed their shares.
- Renewable Energy and Chilean Mines: A Market Overview
For a relatively new and untested renewable-energy market, Chile has a remarkable number of strengths. The country has incredibly attractive solar resources, according to Joel Link, vice president of development and global head of mining development for SolarReserve. ?The Atacama Desert, in northern Chile, has arguably the world?s strongest solar resource,? he says, noting that this area also happens to be home to the lion?s share of the country?s mining activities.
- The Year Ahead: Top Clean Energy Trends of 2015
For the past 13 years, Clean Edge has published the annual Clean Energy Trends report that has sized the global market for solar, wind, and biofuels and tracked everything from venture capital and stock market activity to total global investments. This year, instead of issuing one single report, we'll be producing infographics, tables, charts, and webinars throughout the year ? so be on the lookout in the coming weeks and months.
- Utility GDF Suez Plans to Double European Renewable Capacity by 2025
GDF Suez SA plans to double renewable power production capacity in Europe over the next decade as the utility shifts its focus away from developing more historic natural gas and nuclear energy sources in the region.
- China?s Geothermal Energy Sector Demonstrates Great Growth Potential
The first China Geothermal Forum, with a focus on innovation and leadership across the sector as well as on driving the sustainable development and utilization of the energy, was recently held in Beijing. According to data released by the forum, the country is expected to develop a heating and cooling area powered by the geothermal energy of up to 500 million square meters and increase installation capacity based on geothermal power generation to 100,000 kilowatts by 2015.
- Ten Clean Energy Stocks For 2015
2015 marks my seventh annual list of ten clean energy stocks. An equal weighted portfolio of the ten stocks in each year's list has outperformed my industry benchmark every year except 2013. 2014 was no exception, but it was a bittersweet victory in that the model portfolio was slightly down while the benchmark lost considerably more in a very challenging year for clean energy stocks.
- Fact Sheet: Renewable Energy Job Numbers
A 2013 report from the Bureau of Labor Statistics (BLS) found 3.4 million green jobs in the United States at the end of 2011. This is the latest data available from BLS, due to the elimination of its Green Careers program. On March 1, 2013, the across-the board spending cuts referred to as sequestration, required by the amended Balanced Budget and Emergency Deficit Control Act, came into effect. As part of those budget cuts, BLS stopped offering all ?measuring green jobs? products.
- California Governor Seeks to Increase Renewable Energy Mandate to 50 Percent
California Governor Jerry Brown proposed spending $59 billion to fix crumbling roads and raising the state?s renewable energy mandate to 50 percent.