Good news for clean technology this morning. The second quarter of 2011 saw global clean energy investment jump to $41.7 billion, up from the first quarter’s dismal $31.1 billion and the third highest quarterly figure on record, according to Bloomberg New Energy Finance. Amidst a host of data pointing to the upsurge, it looks like financing for several large-scale solar thermal power plant projects, including BrightSource Energy’s Ivanpah project in California, really helped push up the second quarter’s figures. At the same time, China kept its top spot in total clean energy investment at $12 billion for the quarter, higher than the U.S. figure of $10.5 billion, although China’s investment level fell while U.S. investment rose. Europe’s second-quarter green investment rose to $8.9 billion and India’s jumped 45 percent to $2.5 billion. As for private equity green finance, BNEF counted up $3.1 billion in the second quarter, which is the highest since the pre-economic collapse third quarter of 2008 (note that this figure differs from the lackluster $1.87 billion in second quarter green venture capital investment reported by the Cleantech Group last week).
The City of Las Vegas is home to more than 640,000 residents. As part of a plan to transform Las Vegas into…Read More
Integration Platform-as-a-Service (iPaaS) solutions help organizations connect diverse applications, services, APIs, and data sources across on-premises and cloud environments. These solutions have…Read More
The cloud has become the de facto hosting platform for enterprises, with multi-cloud and hybrid cloud infrastructures becoming the norm. However, managing…Read More
LAWPRO is the leading provider of professional indemnity insurance and services to thousands of providers in the Ontario legal community. LAWPRO also…Read More
Artificial intelligence (AI) and machine learning (ML) are redefining the enterprise IT landscape, as across verticals see the potential for AI and…Read More
This venerable New York-based newspaper has provided its readers news in a balanced and objective fashion for the last 170 years. As…Read More