Renewables Q3 Investment Down on Q2
Latest figures from analysis firm New Energy Finance (NEF) show that total worldwide new financial investment in clean energy totaled $25.9 billion in the third quarter of 2009, down 9% from a revised Q2 total of $28.6 billion, but still markedly ahead of the dramatic low of $13.3 billion reached in Q1.
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Getting Serious About Clean-Energy Stimulus
It turns out that 2008 was another record year for clean energy. According to Clean Edge’s just-released Clean Energy Trends 2009 report, the three major clean-energy sectors — solar photovoltaics (PV), wind power and biofuels — kept up a blistering growth rate, increasing 53 percent from $75.8 billion in 2007 to $115.9 billion in revenues in 2008.
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Market Outlook: Renewables Make Good Financial Sense
Renewables are of particular importance in Iceland. The country has no fossil fuel resources and today 72. The National Bank of Iceland, Landsbanki, has helped foster this industry by providing specialized financial support for renewable energy.
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Market Outlook: Renewables Make Good Financial Sense