Friday, September 26, 2014

February 27 Green Energy News

February 27 Green Energy News
HEADLINE NEWS:

* The second "Global Sustainable Investment Review" report confirms that global sustainable investment reached 21.4 trillion by 2014, up from 13.3 trillion at the same time two years earlier. Sustainable investment now accounts for 30.2% of the professionally managed assets in the regions covered. [CleanTechnica]

* India's renewable energy industry is likely to generate business opportunities worth 160 billion in the next five years, the Economic Survey said the day before a budget that is set to boost clean energy funding. The Prime Minister set clean-energy targets that include raising solar capacity to 100 GW by 2022. [Reuters India]

* If you haven't installed solar panels on your roof because it's too expensive, Google really wants to help. Google is once again boosting its investment in SolarCity's residential solar power model by 300 million. SolarCity combined this with a new financing structure to produce a new fund worth 750 million. [ThinkProgress]

* Electricity users would have to pay a little extra to help cover costs of Exelon's nuclear power plants under Illinois legislation. Exelon maintains the bill would save jobs and keep service steady and reliable. It would also have residential customers pay about 2 more each month to keep the nuclear plants running. [Chicago Tribune]

* A 3 billion deal will unite Iberdrola USA with UIL Holdings Co to create a massive power and utility company serving 3.1 million customers in New York, Connecticut, Maine and Massachusetts. Iberdrola USA will pay 52.75 per share of UIL in a deal announced after the close of business Wednesday. [Portland Business Journal]

For more news, please visit geoharvey - Daily News about Energy and Climate Change.

Origin: energy-technologies.blogspot.com

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