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Vestas, EP Global Energy partner for donor-funded wind farm in Jordan

Vestas, EP Global Energy partner for donor-funded wind farm in Jordan

Wind turbine manufacturer Vestas and private energy asset developer EP Global En...

World Bank commits $5 billion for African renewable energy projects

World Bank commits $5 billion for African renewable energy projects

The World Bank Group has committed US$5 billion towards supporting energy projec...

Seven creative ways to teach your kids about eco-living

Seven creative ways to teach your kids about eco-living

According to Bureau of Labor Statistics, 3.1 million jobs in the United States w...

$50 million A.D.B. loan to develop Indonesia’s geothermal potential

$50 million A.D.B. loan to develop Indonesia’s geothermal potential

The Asian Development Bank will provide Indonesia a loan of up to $50 million to...

Iberdrola completes its first three renewable energy projects in South Africa

Iberdrola completes its first three renewable energy projects in South Africa

Iberdrola has completed two wind farms and a photovoltaic power plant in South A...

Former Irish president appointed as special envoy for climate change

Former Irish president appointed as special envoy for climate change

Former Irish President Mary Robinson has been appointed by United Nations Secret...

The truth about the forthcoming endangered cities

The truth about the forthcoming endangered cities

Gone are the days when the term ‘endangered’ was being cascaded to animals or di...

Business

Technology

300 billion tons of carbon dioxide to continue to spew from existing power plants

300 billion tons of carbon dioxide to continue to spew from existing power plants

Monday, 01 September 2014

Existing power plants around the world are expected to pump out more than 300 billion tons of carbon dioxide over their lifetime. According to Univers...

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Politics

Living Green

Ways to save energy at home

Ways to save energy at home

Monday, 01 September 2014

Higher energy bills are a sign of us wasting energy, but you can change that around with some smart management of your home. The tips ahead will give ...

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Renewables

Renewable energy expansion slowing down – I.E.A. report

Renewable energy expansion slowing down – I.E.A. report

Monday, 01 September 2014

The growth of new renewable power is projected to slow and stabilize after 2014, according to a new report released by the International Energy Agency...

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Low-Carbon

Proterra, Kings County Metro bring electric buses to Seattle

Proterra, Kings County Metro bring electric buses to Seattle

Thursday, 28 August 2014

Proterra Inc. has sold two 40-foot battery-electric transit buses and a fast charge system to King County Metro in Seattle, Washington. King County Me...

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Opinion

Unsustainable urban life: What's next?

Unsustainable urban life: What's next?

Wednesday, 11 June 2014

Nutrition plays a critical role in everyone’s chance at a better future. Hunger, said Benjamin Franklin once, is the best pickle. Some say “pickle”...

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Venture capital in ‘cleantech’ down by 4.5 percent last year

Venture capital investment in "cleantech" companies in the United States reached $4.9 billion in 2011, 4.5 percent down compared with investments in 2010, according to Ernst & Young L.L.P.

The category refers to activities in alternative fuels, energy generation and storage, energy efficiency, water, environment and "industry focused products and services" in agriculture, construction, and other sectors. Natural gas is included in alternative fuels.

By region, California continued to lead investment with $2.8 billion, putting in $629.5 million through 26 deals in the fourth quarter of 2011 alone. Coming next are Massachusetts with $465.1 million and Colorado with $363.3 million.

A total of $688.3 million was raised through five I.P.O.'s in 2011, from three in 2010. Three of the newly listed companies came from the biofuels sector - Solazyme, Gevo and Kior. Rentech Inc., a Los Angeles-based clean energy solutions company, and San Jose-based Intermolecular Inc., a semiconductor R and D firm, raised $136.8 million and $96.5 million, respectively.

"Cleantech is still in the early stages of a long-term journey," said Jay Spencer, Ernst & Young's Cleantech director for the Americas.

Ernst & Young used data from Dow Jones VentureSource. – EcoSeed Staff



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