Posts Tagged ‘invest’

Swedish utility to invest in nuclear reactors

Swedish utility Vattenfall will invest 900 million kronor to update two reactors at Sweden's largest nuclear plant, saying the Ringhals facility will continue to supply electricity into the 2040s. Torbjorn Wahlborg, a senior executive vice president at Vattenfall, said Friday that the company was “adding a further safety system to plants that are already safe.” […]

Oil giants need to invest heavily in renewables by 2035, says analysis

Slowing demand for oil and forecasts of rapid growth in green power pose risk to core business, says analyst More than a fifth of investment by the largest oil and gas companies could be in wind and solar power in just over a decade, according to analysis of how global changes in energy will reshape […]

11:40 Chinese company looks to invest in Kazakh wind power

Chinese group Sany plans to invest in the development of wind energy in Kazakhstan, according to the company's vice president, Wind Power Monthly reported. Among the proposed options are the Almaty, Zhambyl, Akmola and the Mangystau regions of the country, which have the best conditions for the development of wind power. View full post on […]

How to Invest in Renewable Energy

Renewable energy is a tide that's only getting stronger. In this segment from Industry Focus: Energy , Motley Fool energy analysts Sean O'Reilly and Taylor Muckerman talk about what a long-term investor's best bets are forbuying into this growing industry without taking on too much risk. View full post on Wind Power News

Australia should invest in coal power to reduce emissions, minister says

Economists and energy analysts question environmental and economic case for Matt Canavan’s coal push Research touted by the resources minister that reportedly suggests Australia can rely on coal to meet emissions reduction has been attacked by experts and appears to have been misreported. The Australian reported on Tuesday that research conducted by the Department of […]

China set to invest $174 billion in clean energy over next four years

The world's most populous country is about to invest a whole lot of money in clean energy . Clean Technica reports that China is planning to spend about $174 billion on hydroelectric and wind energy projects over the next four years. View full post on Wind Power News

RUSNANO to invest at least RUB 10 billion in wind power projects

RUSNANO will invest at least RUB 10 billion in wind power projects, according to the company's statement after the International Renewable Energy Congress – XXI: Energy & Economic Efficiency. In particular, RUSNANO will establish two international consortia involving key players of the global wind power market. View full post on Wind Power News

Shell creates green energy division to invest in wind power

Insiders say oil firm’s New Energies renewables arm could grow very big, but not for a decade or more Shell, Europe’s largest oil company, has established a separate division, New Energies, to invest in renewable and low-carbon power. The move emerged days after experts at Chatham House warned international oil companies they must transform their […]

Chancellor urged to invest public money in renewable energy

Analysis by Green Alliance finds subsidies for fossil fuel generation more costly than simplified system favouring renewables Building more renewable energy capacity with public money would cost less than the current subsidy regime in the UK, a new analysis has found, despite government claims that subsidies are too expensive. Ministers have justified the slashing of […]

Enbridge looking to invest in natural gas, renewable energy projects: CEO

Enbridge Inc. chief executive Al Monaco says his company is aiming to invest $1-billion a year in natural gas and renewable energy projects, as it looks to rebalance its earnings away from oil over the longer term and take advantage of the global push to a lower-carbon economy. Mr. Monaco – whose company is vilified […]