Actiam has made an overview of the carbon footprint of all its investment funds.
Last year, the asset manager has achieved a 2.25 percent carbon reduction.
He said that there is an urgent need for “high risk” investments in breakthrough technologies for renewables.
In July 2016, Gates considered 2 billion. Read More
Investing in renewables is increasingly interesting. The rise of renewable energy seems unstoppable.
In 2015, 50% of all energy was already renewable energy. Worldwide! And figures are growing. investment dollars are starting to move to renewable energy.
Last May, Shell launched a new division for renewable energy, Martin Wetselaar, now responsible for integrated gas (including LNG), will lead the division ‘New Energy‘. Is Shell moving towards renewables?
The new division will be transferred to the existing activities in hydrogen, biofuels and renewable power generation. It will also be used as a basis for new activities in wind energy. Read More
Dubai Electricity and Water Authority has announced a comprehensive plan to significantly increase investment in renewable energy projects.
Announcing its annual budget, the Dubai Electricity and Water Authority (DEWA) stated that it will float tenders worth Dh 27 billion (US$7.35 billion) to set up renewable energy projects. The projects are expected to be commissioned through the independent power producers model.
The Authority did not give any details for the likely renewable energy projects that will be pursued. However, among the largest tenders would be for the next phase of the Mohammed bin Rashid Al Maktoum solar power park.
The first large phase of the solar park, with 200 MW capacity, is being constructed by ACWA Power-led consortium. Another tender for 800 MW capacity has attracted interest from global project developers, and the winner of this phase is expected to be announced soon.
DEWA plans to increase the total capacity of the solar park to 3 GW by 2030, so a number of tenders are expected to be issued. The Authority is expected to develop other renewable energy and clean energy projects.
Dubai has set a target to increase the share of renewable energy in its total energy mix to 7% by 2020. The medium-term and long-term targets for renewable energy share are 25% by 2030 and 75% by 2050.
The Paris Climate Agreement will change the world into a green era. Already, smart investors ignore the fossil industry.
They started to move because of the brutal pressure from activists 350.org and their divestment movement.
A portrait of the most successful climate campaign ever. Read More
In the fight against CO2 emissions, it is now time to close coal power plants In Europe. Investments in renewables and storage are crucial.
Coal plants are big polluters.
The commissioning of new coal plants in Europe, is the main cause of the fact that the CO2 emissions has increased rather than decreased.
Bill Gates intents to double his investments in green energy technology and research to limit global warming.
In his interview with the Financial Times, Gates told the journalist that he would double his investments in renewables to 2020. Read More
There are more and more stories of Concentrated Solar Plant (CSP) overruling fossils. The interest on investments in Concentrated Solar Power Plant are artificially high.
In 2014 Chile wrote a tender for a large energy plant. Both fossil and renewable players were invited to subscribe.
Abengoa – one of the largest providers of CSP plants – has won the tender with a combination of PV and CSP to 11.5 cents per kWh. The kWh price is still too high because banks are still asking ‘risk’ interests for the investments. Read More
The environment is high on China’s political agenda. It’s all about ‘war on pollution’. The message is clear: policies to tackle pollution and water scarcity will ‘spill over’ to impact industry. Financial analysts are trying to quantify the financial implications of these regulations. On the flip-side, there is increased interest in the water & wastewater treatment and waste-to-energy sectors. Read More
Buffett’s investment company Berkshire Hathaway Inc. is spending billions of dollars on the construction of wind and solar power plants. Speaking at the Edison Electric Institute’s annual convention in Las Vegas on Monday, Buffett said that Berkshire Hathaway has committed $15 billion to renewable energy already. More importantly, Buffett said that he is ready to invest another $15 billion in the sector.