Venture capital is surging back into the energy sector it abandoned seven years ago, and the money's not all coming from billionaires, oil companies or corporate funds.
China, the world's biggest energy user, spent $44 billion on large international clean energy projects and mergers and acquisitions in 2017, according to the Institute for Energy Economics and Financial Analysis.
<p>From California to the Midwest, billionaire investor Warren Buffett is steadily building an energy powerhouse.</p> <p>Buffett’s Berkshire Hathaway Energy subsidiary has gobbled up utilities and natural gas pipelines and tapped into clean energy production, including from Southern California’s abundant geothermal resources.</p>
BlackRock Inc. exceeded a $1 billion fundraising target for wind and solar investments for its latest global clean energy fund, underscoring investor interest in renewable energy amid policy uncertainty in key markets.
Venture capital firms generally focus more on greenbacks than green energy. After a brief spurt of interest about six years ago, many major firms have been avoiding further investments in clean energy and green technology. Here's why.
Quebec's provincial government is set to invest $1.5 billion within three years in programs that encourage clean energy and reduce dependance on oil.
The latest funding is a part of a S$75m round. The post Singapore: Clean energy firm Sunseapâs valuation climbs to $143m in latest funding appeared first on DealStreetAsia.
Lord Adair Turner thinks he can convince policymakers around the world to embrace a renewable energy transition. Turner is no stranger to the workings of government. A member of the House of Lords, he was formerly chairman of the U.K.'s financial services regulator, its pension commission, and its national committee on climate change.
As countries rush to meet clean energy goals and investors try to make profits, conflict over land is growing.
Clean Energy Canada reports the world’s three largest electricity markets were responsible for $348 billion in energy investment in 2016; costs of solar and wind continue to fall as more jobs open up in these fields