The Group of 20 at its summit in Seoul is likely to commit millions of dollars fund to help finance small and medium enterprises and innovative financing models.
Even as demand for oil is expected to surge in the next decade or so, alternative fuel sources are gaining popularity as they become more economically viable, according to a report by the Boston Consulting Group.
In a wide-ranging and rambling speech during a luncheon at the G20 Business summit in Seoul, Korea, Germany’s chancellor Angela Merkel called for a “sensible” exit strategy from the global credit crisis.
A big point of contention at the G20 Business Summit is how to reconcile the need for growth with the need to address environmental problems.
The CEO of Vestas, a major supplier of wind turbines, is asking for heads of state to meet for an hour to help come up with methods of weaning the world from fossil fuels.
Tata Consultancy Services (TCS), India's top IT services firm, said on Wednesday it signed a 5-year infrastructure management services contract worth more than AUD $50 million with Australia-based renewable energy company AGL Energy Ltd.
With BP poised to move on from the Gulf oil spill with a new chief executive, the beleaguered London-based company might look attractive to Middle East sovereign wealth funds after all. It would be a parting legacy from outgoing CEO Tony Hayward if his efforts earlier this month to court the funds in Abu Dhabi and other oil-producing countries were to bear fruit.
At a time when Chinese power plants are notorious polluters, Yingli Green Energy, a Chinese solar panel maker, has become an completely integrated manufacturer selling green energy worldwide.
Companies and inventors who pay extra would be able to get a quicker review of their patent applications under a proposal by the U.S. Patent and Trademark Office announced on Thursday.
Norwegian browser developer Opera Software is moving its data processing capacity to a newly-built center in Iceland, one of the first foreign investment deals for the crisis-hit island as it tries to rebuild its economy.
The Asian Development Bank launched a $9 billion solar power initiative to develop projects generating 3,000 megawatts by 2012. The announcement, which came at the regional lending agency's annual meeting in Tashkent, Uzbekistan, said that Central Asian countries would be prime candidates for siting the projects.
Rare earths are indeed getting rare. I got wind of it only a few months back when doing a story on Canada Resource Group and their Blue River Project in British Columbia. It's President David Hodge in an interview said that tantalum that is used in cellphone, laptops, digital camerals and several modern industries is in short supply with Western supply totally eliminated.
Europe will not make the most of its multi-billion euro clean energy investments until old monopolies are broken up.
A-Power Energy Generation Systems Ltd, the U.S. Renewable Energy Group and American Nevada Group said they would jointly develop a production and assembly plant in Nevada.
Sustainable Energy Technologies Ltd, a solar equipment maker that recently relocated to Toronto from Calgary, may soon land its first large-scale orders in its new home province, the world's newest go-to region for solar power.
Google Inc won approval from U.S. energy regulators to act as a power marketer, which will make it easier for the Internet search giant to obtain renewable energy to run its huge data centers.
New York Fashion Week is the place to spot new trends and, if this season's event is any indication, going green is definitely in style.
German solar company Phoenix Solar will strive to pay a dividend even though painful cuts in solar incentives are looming in Germany, the company's chief executive told Reuters.
Chinese solar-cell maker Canadian Solar Inc's said it had agreed to supply 60 megawatts of photovoltaic modules to Spain's Fire Energy Group in 2010.
Intel said new contracts are in place to incorporate approximately 2.5 megawatts worth of new solar power projects as it moves to develop renewable energy sources.
Power company Duke Energy said its commercial business unit, Duke Energy Generation Services (DEGS), agreed to buy a 14 megawatt Blue Wing Solar Project from juwi Solar Inc, a unit of Germany's juwi Holding AG.
German Environment Minister Norbert Roettgen proposed a 15 percent cut in support for new roof-mounted solar power, a bid to ease the industry toward free competition but a slightly smaller reduction than expected.
