Posts Tagged ‘spending’

Shell doubles up on green spending and vows to halve carbon footprint

Anglo-Dutch giant to spend $2bn on wind power, biofuels and electric cars as it bows to shareholder pressure by setting new company climate change target Shell has doubled its spending on clean power and bowed to shareholder pressure by promising to halve the carbon footprint of the energy it sells by 2050, as the oil […]

UPDATE 2-Nordex to increase R&D spending, cut job after sales warning

FRANKFURT, March 1 Germany's Nordex, the world's fifth-biggest wind turbine maker, said it would raise spending on development by a quarter and could cut jobs after price pressure and project delays forced it to slash its 2018 revenue guidance. Nordex said last week it expected revenue between 3.4 billion and 3.6 billion euros next year, […]

Origin Energy signals surge in renewables spending

Origin Energy has signalled a rush to complete renewable energy projects such as solar and wind farms over the next two years if the target of generating 20 per cent of electricity from renewable energy by 2020 is to be met. As much as 40 per cent of the target 33 terawatt hours of additional […]

Spending watchdog criticises ministers over £16bn renewable energy deals

National Audit Office says contracts should have been put out to tender to ensure value for money for consumers A parliamentary spending watchdog warns today that the government may have handed benefits to corporate power providers at the expense of consumers by awarding £16.6bn of renewable energy contracts without putting them out to competitive tender. […]

Obama budget would increase U.S. clean-energy spending

President Barack Obama proposed a dramatic increase in clean-energy spending on Wednesday as he sought to expand U.S. government support for electric cars, wind power and other “green” technology despite persistent Republican criticism. View full post on Wind Power News

Federal spending on cleantech is ‘falling off a cliff’

A report to be released Wednesday by scholars at the Brookings Institution and Oakland’s Breakthrough Institute warns that federal spending on clean technologies is drying up, with little sign of additional help coming from Congress. View full post on Wind Power News

Winds of change blow through China as spending on renewable energy soars

World’s biggest polluter spends £4bn a year on wind and solar power generation in single region as it aims to cut fossil fuel use The remote, wind-blasted desert of northwestern Gansu could be the most unloved, environmentally abused corner of China. It is home to the country’s first oilfield and several of the coalmines and […]