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"Unsubsidised renewable energy is now cheaper than electricity from new-build coal- and gas-fired power stations in Australia, according to new analysis from research firm Bloomberg New Energy Finance. "

Bloomberg New Energy Finance is the world's definitive source of research, forecasts, data and news in clean energy and related industries, including power, gas, carbon and water.

"Wind power is now the cheapest electricity to produce in both Germany and the U.K., even without government subsidies, according to a new analysis by Bloomberg New Energy Finance (BNEF). It's the first time that threshold has been crossed by a G7 economy.1 But that's less interesting than what just happened in the U.S."

"Last week, the New York Times reported that venerable Dow Jones Industrial Average component Coca-Cola Co. was awakening to the impact of climate change on its business. The increase in unpredictable weather, droughts, floods and other climate-related events was disrupting the company's product supply. Some of their "essential ingredients" are now under threat. Global warming, according to the article, is being seen "as a force that contributes to lower gross domestic products, higher food and commodity costs, broken supply chains and increased financial risk." This debate is no longer about whether global warming is real (it is) or whether humans are the most likely cause (you are), but rather, some very interesting and different questions that might be more professionally relevant to finance: How is this going to affect business? What are the investing consequences? Who will be the financial winners and losers of climate change?"

Japan is forecast to install 6-9.4GW of solar capacity this year under its feed-in tariff, according to Bloomberg New Energy Finance. This could make it the second-largest - or even the top - solar market in 2013.

"The world's largest home-furnishings chain, Ikea, is set to buy a wind farm in Ireland from Mainstream Renewable Power Ltd, Bloomberg has reported. This is part of a plan by Ikea Group to invest $2.5 billion in wind and solar assets by 2015. The 7.65 megawatt wind farm, being built by Mainstream, is expected to begin generating power by 2014. Ikea will take ownership at that point."

"Don't let all those Texas wind farms and massive installations of solar panels in California fool you. The U.S. is not the world leader in clean energy investment. China is. For the second year, an annual Pew Charitable Trusts report, "Who's Winning the Clean Energy Race?", shows that China is the world leader in clean energy investment, with $54 billion in investments in renewables in 2013, well above total U.S. investment of $36.7 billion."

"Following the Fukushima nuclear disaster, Japan is turning to renewable energy, and especially solar power, in a big way. By the end of 2012, Japan had already installed 7.4 gigawatts of solar power capacity, but that's set to double this year, according to analysts at Bloomberg New Energy Finance. This stellar pace of growth in solar power is set to make Japan the second-fastest growing solar market in the world, second only to neighboring China. It will also make the country the holder of the third-largest total installed solar capacity, behind Germany and Italy."