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Market Outlook: Renewables Make Good Financial Sense

Market Outlook: Renewables Make Good Financial Sense

Renewables are of particular importance in Iceland. The country has no fossil fuel resources and today 72% of its primary energy consumption comes from renewable sources, as compared to the global average of 13%. The National Bank of Iceland, Landsbanki, has helped foster this industry by providing specialized financial support for renewable energy.
Nova Lumos Raises $90 Million for Off-Grid Solar in Africa

Nova Lumos Raises $90 Million for Off-Grid Solar in Africa

Nova Lumos Netherlands Holding B.V. raised $90 million from a mix of private equity investors and development banks to deploy pay-as-you-go solar power systems in Nigeria.
Solar’s Year of Action in the US

Solar’s Year of Action in the US

May 9 was a big day for the solar industry. Forget big — huge. It’s a rare occasion when the most powerful person in the world takes to the bully pulpit to sing the virtues of a particular industry, and even rarer when that praise is backed up by action and dollars. But that’s precisely the gift that advocates of the U.S. solar industry were given when President Obama announced a massive, $2 billion federal funding package in combination with executive orders and hundreds of private and public sector commitments to drive forward one of the most rapidly growing renewable energy industries in the nation.
Will the Transition to Renewable Energy Be Paved in Copper?

Will the Transition to Renewable Energy Be Paved in Copper?

We’ve just completed a record-breaking year for renewable technology of all kinds. No matter where you look – be it on television or in newspapers, your neighbor’s roof or along a rural countryside – the presence of wind turbines, solar energy panels and energy storage systems is growing weekly.
Why Wall Street is Greener than the White House

Why Wall Street is Greener than the White House

Goldman Sachs became the first global investment bank to adopt a comprehensive environmental policy that acknowledges the value of "ecosystem services" this December. This firm is just one among many financial institutions pushing brave new forms of corporate social responsibility in response to global climate change. JP Morgan, for example, is already evaluating the impact of carbon risks on its loans to industries that are big polluters.
Sub-Saharan Africa — Solving Renewables Project Finance Challenges

Sub-Saharan Africa — Solving Renewables Project Finance Challenges

In 2015 the UN pledged, as one of the new Sustainable Development Goals, to “ensure access to affordable, reliable, sustainable and modern energy for all”.  This is a major ambition.
Environmental Groups Criticize U.S. Vice President

Environmental Groups Criticize U.S. Vice President

The Natural Resources Defense Council was one of the first groups to respond negatively to federal energy policy that downplays the role of conservation and renewable energy.
Canadian News

Canadian News

Vandal named Canadian Energy Person of the Year
SolarWorld Joins Case Seeking U.S. Duties on Cheap Solar Imports

SolarWorld Joins Case Seeking U.S. Duties on Cheap Solar Imports

SolarWorld AG’s U.S. unit joined a trade case asking the federal government to impose duties on low-cost imports that have fueled a nationwide boom in solar installations. The company, which filed a separate trade complaint that led to U.S. tariffs on Chinese panels in 2012, become a co-petitioner Thursday in Suniva Inc.’s case before the U.S. International Trade Commission. Suniva, a bankrupt Georgia manufacturer, initiated the complaint in April, saying it’s impossible to compete with cheap imports, predominately from Asia.
The Future of California Utilities: AEE Convenes Stakeholders

The Future of California Utilities: AEE Convenes Stakeholders

What will be the 2050 business model for utilities in California that are being forced by the state to adopt massive renewable energy capacity? That was the basic question asked at a one-day conference held in Sacramento on Aug. 20 by Advanced Energy Economy (AEE), the national umbrella association for renewable energy organizations.