Finance and Investing
Archived Posts from this Category
Demand for green building steady as recession continues
Posted by admin on 19 Mar 2009 | Tagged as: Finance and Investing, LEED
The demand for ecologically-friendly buildings is not as affected by the recession as more conventional real estate.
“Owners of green properties should generally outperform — or at least minimize their losses — relative to less sustainable properties, while achieving other social or company goals,” it said.
Persian Gulf states push research in renewables
Posted by admin on 24 Jan 2009 | Tagged as: Energy Engineering, Finance and Investing, Solar
Countries like the United Arab Emirates, Qatar, and Saudi Arabia are funding research into renewable energy technologies.
They are aggressively pouring billions of dollars made in the oil fields into new green technologies. They are establishing billion-dollar clean-technology investment funds. And they are putting millions of dollars behind research projects at universities from California to Boston to London, and setting up green research parks at home.
Alternative energy become hot financial investment
Posted by admin on 22 Dec 2008 | Tagged as: Finance and Investing
There seems to be bipartisan support to wean the United States from its dependence on foreign oil by promoting alternative energy. Alternative energy is a growing category of mutual funds.
Even though alternative energy is a relative new fund category, the industry itself is quite vast. It encompasses the obvious, like solar panel makers and wind farm operators, but it also includes software designers working on “smart” power grids and even utilities that generate megawatts from hydro or geothermal assets. Alternative-energy stocks range from behemoths like General Electric (GE), which competes in the water and power sectors, to American Superconductor (AMSC: 16.45, +0.46, +2.87%), a small manufacturer of high-temperature superconductor wires that can carry 10 times the electricity of traditional cables.
Merrill Lynch predicts boom in “clean tech”
Posted by admin on 26 Nov 2008 | Tagged as: Finance and Investing
Merrill Lynch’s Steven Milunovich is predicting that the current information technology age will give way to clean technology.
Noting technology revolutions occur about every 50 years, the Merrill report forecasts the current IT-centric age should give way to clean tech as the dominant technology, as the energy infrastructure moves to renewables. While acknowledging there are funding challenges in the current economy, Merrill predicts an acceleration in clean tech activity in 2010-11 after the funding issues are addressed.
Green companies are hot
Posted by admin on 21 Sep 2008 | Tagged as: Finance and Investing
Among Business Journal’s list of the top ten fastest growing companies from 2005 to 2007, half are renewable energy companies.
“I think you’re going to see growth accelerate,” said Leonard Devanna, president of Jadoo Power Systems Inc. in Folsom. “Many technologies are just now becoming feasible. Investors are now anticipating greater opportunities and putting greater funding into clean-tech companies.”
Venture capitalists look at alternative energy start-ups
Posted by admin on 26 Jul 2008 | Tagged as: Finance and Investing
Venture capitalists are looking at obscure start-ups in thermal solar energy, wave power, and algal biofuel.
Despite the sluggish economy, alternative-energy start-ups received a record $2 billion in venture capital funding in the second quarter of 2008, a 58 percent increase from a year earlier, according to Cleantech Group, a market research firm. Today, clean technology—which includes alternative energy producers—accounts for 20 percent of all venture capital funding, up from just 1 percent in 2001, says John Balbach, a Cleantech managing partner. “Silicon Valley is going through yet another transformation,” he says.
Wind looks promising to British investors
Posted by admin on 02 Jul 2008 | Tagged as: Finance and Investing, Wind
With the British government’s plan to invest 100 billion pounds in renewable energy production, wind energy companies are attracting many investors.
Wind power is the preferred technology in the Black Rock New Energy investment trust, for example, making up nearly half of the portfolio.
Global investment in clean power increases in 2007
Posted by admin on 02 Jul 2008 | Tagged as: Finance and Investing
Investment in renewable energy companies rose 60% last year, according to the United Nations Environment Program.
Overall, renewable energy accounted for 23 percent of all new generating capacity installed globally in 2007, according to Michael Liebreich, chairman of the London-based consulting firm New Energy Finance Ltd. The world added 31 gigawatts of renewable power last year, mostly from wind; 7 gigawatts of hydroelectric power; and 3 gigawatts of nuclear power.
GreenHunter Energy to be included in the Russell 3000
Posted by admin on 30 Jun 2008 | Tagged as: Finance and Investing
Renewable Energy Company GreenHunter Energy will be included in the Russell 3000 Index, a measuring tool for investment strategies.
The investment community is taking note of the fact that GreenHunter Energy is the only publicly traded portfolio company of renewable power and fuels assets in the United States,” said Chairman and Chief Executive Officer Gary C. Evans. “GreenHunter Energy’s management team has begun successfully executing on an aggressive business plan with the top priority being to maximize the returns on our capital employed.”
First IPO planned for all-wind company in US
Posted by admin on 29 May 2008 | Tagged as: Finance and Investing, Wind
Noble Environmental Power, Inc. is planning to go public by registering an IPO with NASDAQ later this year.
No other company focused exclusively on wind power generation has ever launched an IPO in the U.S., although there have been 17 such offerings in other parts of the world since 1995, according to data tracker Dealogic. But it was inevitable that a wind-related offering would come to market in the U.S., given the growth in the industry and a rise in private investments in the sector, says
Randall Swisher, executive director of the American Wind Energy Association, a trade group that promotes wind power.
