Renewables
Solar, wind, biomass, biogas, geothermal, tidal and other distributed energy resources

News Briefs

  • H2O Innovation subsidiary lands new deals in US +

    H2O Innovation Inc.’s operation and maintenance (O&M) services subsidiary Utility Partners LLC (UP) has renewed two contracts and extended the Read More
  • EDC offers new green bond +

    Export Development Canada’s (EDC) latest green bond has been priced. Set at $500 million with a 1.8 fixed rate, the Read More
  • Capital Power moving ahead with New Frontier Wind +

    After Capital Power Corp. inked an agreement to sell 87% of the electricity generated from the yet to be constructed Read More
  • General Fusion takes new step towards reactor design +

    Vancouver’s General Fusion has hired two industry veterans to help lead the company through the development of a proof-of-concept fusion Read More
  • Federal, Ontario governments take big step in reducing diesel reliance in FN communities +

    The $60 million in federal funding to connect the Pikangikum First Nation to Ontario’s electricity grid is a major step Read More
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Stock Market

SAP and SGS are the latest companies to sign a commitment to use 100% renewable electricity. Announced at the World Future Energy Summit in Abu Dhabi earlier this week, the RE100 campaign, which includes the likes of IKEA Group and Nestlé, now has the backing of 15 major international corporations.

Sometimes you have to stand back to see the big picture. After thirty years in the environmental movement in Canada, I am doing just that. I spent much of the past year researching a major report on Canada’s future, and my family and I are currently in Istanbul, four months into a year-long tour of the world.

Canada now has almost 9,700 MW of installed wind energy capacity after 2014 saw a total of 1,871 MW deployed, according to the Canadian Wind Energy Association (CanWEA).

Increased spending in solar, wind and smart grid technologies drove clean energy investments higher by 16% in 2014 compared to 2013 levels, beating estimates of a 10% jump, according to figures released last week by Bloomberg New Energy Finance (BNEF). Still, the 2014 total of $310 billion is down from the 2011 high of $317.5 billion (all figures are in US dollars).

Investments in solar, including venture capital, private equity, debt and public markets, jumped 175% in 2014 to reach $26.5 billion up from $9.6 billion in 2013, according to Mercom Capital’s annual report on solar sector funding. Global VC investments more than doubled to hit $1.3 billion in 85 deals compared to $612 million in 98 deals (all figures are in US dollars).