Today in Cleantech
Fresh on the heels of Google’s big splash into transmission cables for offshore wind, here’s a report showing that clean-energy financing’s 11 percent rise in the third quarter was largely driven by investment in offshore wind power grids. Bloomberg New Energy Finance says the quarter’s record-setting $32.8 billion in worldwide asset financing was boosted by $1.9 billion raised for “HelWin 1″ and “DolWin 1,” two big high-voltage direct current (HVDC) cable projects set to link Germany to North Sea wind farms by 2013. TransPower, part of the Dutch state-owned TenneT Holding, is in charge, and Siemens and ABB are laying the cables.
