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New York City, United States [RenewableEnergyWorld.com] Close to US $155 billion was invested in 2008 in renewable energy companies and projects worldwide, not including large hydro. Of this $13.5 billion of new private investment went into companies developing and scaling-up new technologies alongside $117 billion of investment in renewable energy projects from geothermal and wind to solar and biofuels. The 2008 investment is more than a four-fold increase since 2004 according to Global Trends in Sustainable Energy Investment 2009, prepared for the UN Environment Programme's (UNEP) Sustainable Energy Finance Initiative by global information provider New Energy Finance. Of the $155 billion, $105 billion was spent directly developing 40 GW of power generating capacity from wind, solar, small-hydro, biomass and geothermal sources. A further $35 billion was spent on developing 25 GW of large hydropower, according to the report.

An aide to Obama said Friday that the administration plans to add 20 gigawatts (GW) or more of wind power and 4 GW of geothermal and solar power by 2012 through loan guarantees and fast tracked national renewable energy requirements, like the Renewable Portfolio Standard. Last May the U.S. Energy Department estimated wind power could provide almost a quarter of U.S. electricity. Trade groups from the U.S. wind and solar industries were happy with the news, considering that the current economic environment for commercial credit has lowered all boats as it were, with all investment now endangered - not just investment in risky financial instruments, but even those investments in renewable energy that are essential to growing a stable economy. 4 votesBuzz up! No other country, in any single year, has added the volume of wind capacity that was added to the US electrical grid in 2007 with both wind and solar growing well over 40%, but with the credit crunch affecting all sectors of the economy, new projects could drop by as much as 50%, without help from the Federal government.

Vice President Joe Biden and Energy Secretary Steven Chu today announced plans to invest $3.2 billion in energy efficiency and conservation projects in U.S. cities, counties, states, territories, and Native American tribes. The Energy Efficiency and Conservation Block Grant program, funded by President Obama's American Recovery and Reinvestment Act, will provide formula grants for projects that reduce total energy use and fossil fuel emissions, and improve energy efficiency nationwide. "These investments will save taxpayer dollars and create jobs in communities around the country," said Vice President Biden. "Local leaders will have the flexibility in how they put these resources to work - but we will hold them accountable for making the investments quickly and wisely to spur the local economy and cut energy use."

U.S. Department of Energy Secretary Steven Chu today announced the release of two Funding Opportunity Announcements (FOAs) for up to $84 million to support the development of Enhanced Geothermal Systems (EGS). Geothermal energy technologies use energy from the earth to heat buildings and generate electricity. Enhanced Geothermal Systems offer the potential to extend geothermal resources to larger areas of the western United States, as well as into new geographic areas of the entire country. These projects will help support the Administration's efforts to invest in clean energy technologies, create millions of new jobs, end our addiction to foreign oil, and address climate change. "President Obama has laid out an ambitious agenda to put millions of people to work by investing in clean energy technology like geothermal energy," said Secretary Chu. "The Administration is committed to funding important research like this to transform the way we use and produce energy and reduce our dangerous dependence on foreign oil."

Will support energy efficiency efforts nationwide that will create 87,000 jobs and cut energy bills for families Washington DC -- Vice President Joe Biden and Energy Secretary Chu today detailed an investment of nearly $8 billion in state and local weatherization and energy efficiency efforts as part of the President's American Recovery and Reinvestment Act. With an investment of about $5 billion through the Weatherization Assistance Program and about $3 billion for the State Energy Program, the Department of Energy will partner with state and local governments to put 87,000 Americans to work and save families hundreds of dollars per year on their energy bills. To jump-start job creation and weatherization work, the Department of Energy is releasing the first installment of the funding - about $780 million -- in the next few days. The Department will release additional funding over time as states demonstrate that they are using the funding effectively and responsibly to create jobs and cut energy use.

Opportunities in the renewable energy technology sector are becoming more diverse as regulatory support extends to technologies other than wind farms, Steve Read, investment manager of the Ventus Funds, said. Read said the Ventus Funds, venture capital trusts operated by Climate Change Capital, are spreading their investments more evenly between wind farm projects and other renewable energy technologies such as land-fill gas and waste biomass.

While certain American politicians complain about a million bucks being included in the country's energy plan to promote bikes, in the UK they are investing £140 million (about US$ 280 million) to create dedicated bike lanes, provide bike parking, safety training, on-street bike rental networks and a campaign to promote bicycling in 12 Cycling Demonstration Towns.

As President-elect Barack Obama prepares to tackle the vast problems ahead for America, he has consistently made two bold proposals. First, he intends to make an immense investment in infrastructure - roads, bridges, railways - to jump-start jobs. Second, he plans to boost clean green technologies to make up for the squandered opportunities of the Lost Decade. These are both powerful, worthy ideas. But they would be far more powerful if they were directly connected. The incoming administration has a historic opportunity to accomplish five major goals at once through a massive investment in stopping the waste of energy and dollars pouring out of American homes.

Investment in renewable energy has hit a lull as private-sector money is drying up, but the bulk of government funding has yet to arrive. There was $13.3 billion in new investments in clean energy -- the term used to describe alternative energy such as wind farms, solar power and biofuels facilities -- in the first three months of 2009, down 53%, from a year earlier, according to a report Thursday from research firm New Energy Finance Ltd. The drop came mostly in bank-based financing for building new projects, the report says, as the credit crunch has caught up with this once high-flying sector.

On Thursday, while visiting Jefferson City, Mo., with Commerce Secretary Gary Locke, Vice President Joe Biden announced that, as part of the American Recovery and Reinvestment Act, more than $3.3 billion in smart grid technology development grants and an additional $615 million for smart grid storage, monitoring, and technology viability were being made available. "By investing in updating the grid now, we will lower utility bills for American families and businesses, lessen our dependence on foreign oil and create good jobs that will drive our economic recovery-a strong return on our investment," Biden said.

It seems the new initiative would certainly become handy in the times of recession.

U.S. Department of Energy (DOE) Secretary Steven Chu today announced selection of 53 new wind energy projects for up to $8.5 million in total DOE funding. These projects will help begin to address market and deployment challenges identified in DOE's 2008 report: "20% Wind Energy by 2030." Increasing wind energy generation will be a critical factor in achieving the Obama Administration's goals for clean energy, while also supporting new green jobs. Secretary Chu made the announcement by video at the WindPower 2009 Conference in Chicago this week. "Wind energy is one of our most promising renewable energy sources," said Secretary Chu. That's why I'm pleased to make this announcement today. By continuing to make investments in renewable energy we can cut our dependence on foreign oil and invest in a clean energy agenda that creates jobs and puts money back into the pockets of consumers."

$300 million infusion reflects Obama Administration's broad, aggressive research and development strategy WASHINGTON D.C. --- U.S. Energy Secretary Steven Chu today announced more than $300 million worth of investments that will boost a range of clean energy technologies - including carbon capture from coal, solar power, and high efficiency cars and trucks. The move reflects the Obama Administration's commitment to a broad based strategy that will create millions of jobs while transforming the way we use and produce energy. "There's enormous potential for new jobs and reduced carbon pollution just by implementing existing technologies like energy efficiency and wind energy, but we also need to develop transformative new solutions," said Secretary Chu. "As a scientist, I remain optimistic that these breakthroughs are within our reach, and investments like these are an important part of achieving them." Today's actions include:

China paper making and paper product industry, 2013, is valuable for anyone who wants to invest in the hard board manufacturing industry, to get Chinese investments; to import into China or export from China, to build factories and take advantage of lower costs in China, to partner with one of the key Chinese corporations, to get market shares as China is boosting its domestic needs; to forecast the future of the world economy as China is leading the way; or to compete in the segment. The report provides the whole set of the industry data, in-depth analysis and detailed insight into the hard board manufacturing industry, market drivers, key enterprises and their strategies, as well as technologies and investment status, risks and trends.

Clean energy company Econcern will partner with China National Offshore Oil Corp and Sinohydro to invest 863 million euros ($1.09 billion) to build four Chinese wind farms, the companies said on Tuesday. Construction of the wind farms, which will generate around 720 megawatts (MW) of renewable energy, will begin in 2009, Netherlands-based Econcern said in a statement.

Renewable energy has appeared as a large sector in the global energy combination because huge investments has occurred on a worldwide scale. Renewable energy is the form of energy which is constantly replenished by the environment like solar, wind, tide, geothermal, nuclear, bio fuel etc., and it is present in abundance without the fear of it getting extinct.

"Nuclear Energy Annual Deals Analysis: M&A and Investments Trends - 2012" report is an essential source of data and trend analysis on the mergers and acquisitions (M&A) and financings in the alternative energy market. The report provides detailed information on mergers and acquisitions (M&A), equity/debt offerings, private equity and venture capital (PE/VC) and partnership transactions recorded in the nuclear energy industry in 2012.

MILLIONS OF PEOPLE STARVING AND WE'RE MAKING FUEL FROM FOOD AGAIN.

A detailed infographic mapping our the entire UK's solar pv cost, payback period, earnings and ROI by region. If you have been wondering wether solar panels are a good investment and make financial sense, this infogrpahic will give you benchmark figures for domestic solar pv systems in your region. Simply find your location and read off the figures!

Formerly a region of high-unemployment, the German port of Bremerhaven has experienced a remarkable economic upturn, transforming into a major offshore wind power know-how centre and more. At least four of Germany's North Sea and Baltic Sea major ports have been transformed into the country's main wind industry logistical centres and/or equipment manufacturing/supply bases during the past few years. 'Of the €500 million invested for offshore wind power development along the German North Sea coastal region during the past years, about half came to Bremerhaven.' -- Jan Rispens, Managing Director, Windenergie Agentur Bremerhaven/Bremen (WAB) Emden serves as a main export harbour for Enercon wind turbines, and the German market leader operates a large concrete tower manufacturing plant within Emden's boundaries. BARD Engineering chose Emden as its offshore wind turbine assembly and rotor blade manufacturing location, while part of BARD's Tripile offshore foundations are being manufactured by a subsidiary company in Cuxhaven. Both BARD and Enercon have, in addition, built a foundry in the region, aimed at providing at least part of their individual demand for heavy-cast components.

The rolling plains of Castilla-La Mancha are dominated by the windmills that provoked the fevered imagination of Don Quixote. But Spain's relentless investment in wind power and other renewable energy sources has proved wrong those who thought it was tilting at windmills. The sleek white wind turbines and hydroelectric plants that have sprung up across the country in recent years generated 30 per cent of Spain's energy this year for the first time.