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Pew: global clean energy investment reached record $243B in 2010

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Global clean energy finance and investment grew significantly in 2010 to $243 billion, a 30% increase from the previous year. billion in investments in 2010 represents a 39% increase from 2009. billion in clean energy financing last year, improving its global standing to fourth, from eighth in 2009. Click to enlarge.

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IRENA report finds renewable power costs at parity or below fossil fuels in many parts of world

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Solar photovoltaic (PV) is leading the cost decline, with solar PV module costs falling 75% since the end of 2009 and the cost of electricity from utility-scale solar PV falling 50% since 2010. These technologies will become more cost-competitive in future, especially where low-cost financing is available.

Renewable 150
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US DOE announces 3 consortia for $125M US-India Joint Clean Energy Research and Development Center; solar, second-generation biofuels and buildings

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Consortia researchers will leverage their expertise and resources in solar technology, advanced biofuels, and building efficiency. The Deployment track (PACE-D) includes a Clean Energy Finance Center, the public-private Energy Cooperation Program, and a range of bilateral cooperative activities. Hindustan Petroleum Corporation Ltd.;

India 240
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Opinion: Why Buffett Bet A Billion On Solar: Miles Per Acre Per Year

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around 17 million in the US—China became the top market in 2009), it only requires a 4 percent growth rate to reach that target in fifteen years. The first eye-opener for large scale solar was the Austin Energy PPA last year that was priced at 5 cents. They had better think seriously about financing solar and wind arrays.

Solar 150
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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

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Green Car Congress attended the Renewable Energy Finance Forum - Wall Street (REFF-Wall Street) conference (23-24 June) sponsored by Euromoney Energy Events and the American Council on Renewable Energy (ACORE). by Bill Cooke. M barrels/day of oil within the next 10 years ”. Billion vs. $28.3 Billion in 2008). Cap and Trade Disappointment.

Financing 150
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Liquid Metal Battery Corp secures patent rights from MIT

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Liquid Metal Battery Corporation (LMBC), a Cambridge, Massachusetts company founded in 2010 to develop new forms of electric storage batteries that work in large, grid-scale applications, has secured the rights to key patent technology from MIT. —Luis Ortiz, LMBC’s President. —Philippe Boisseau, President Total Gas & Power.

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Vermont Passes Feed-In Tariff Measure

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Vermont legislators have passed House Bill 446 , also known as the Vermont Energy Act of 2009, which implements a feed-in tariff—an approach allowing owners of small renewable energy facilities to sign long-term contracts for the sale of power produced by their facilities to the larger grid. megawatts in capacity.

Vermont 150