Tag: Investment

Corporate solar sector funding hits $4.6 billion in first half of 2017

Corporate solar sector funding hits $4.6 billion in first half of 2017

Solar public market funding in first half of 2017 increased to $934M versus $276M in 2016 Mercom Capital Group, llc, a global clean energy communications and consulting firm, released its report on funding and merger and acquisition activity for the solar sector in the first half and second quarter of 2017, according to a press release. Total […]

Global clean energy market big opportunity for Canadian businesses – report

Global clean energy market big opportunity for Canadian businesses – report

Canada is not competitive in commercializing research into market-ready technologies Canada has a competitive edge in a few key climate-friendly technologies including wind and solar power, energy efficient turbines, and waste management, according to a new Conference Board of Canada report. “Despite U.S. President Trump rolling back climate-friendly policies, the world is moving toward a cleaner, […]

Alberta oil & gas sector asks Alberta, Canada to trim regulations, compliance costs – CAPP study

Alberta oil & gas sector asks Alberta, Canada to trim regulations, compliance costs – CAPP study

Capital spending in Canada forecast $44 billion in 2017, 46% decrease from 2014 The provincial government and the energy industry could create more than 24,000 new jobs for Albertans and grow the province’s economy by nearly $5 billion, according to a new report from the Canadian Association of Petroleum Producers (CAPP). Industry continues to face […]

Pembina Pipeline puts $2.8 billion of Alberta assets into service

Pembina Pipeline puts $2.8 billion of Alberta assets into service

Redwater complex has fractionation capacity of 210,000 bpd, largest in Canada Pembina Pipeline Corporation announced it has placed $2.8 billion of integrated capital projects into service, including its Phase III pipeline expansion and two connected major delivery points, according to a press release. “At the outset of these projects, we committed to constructing large-scale, multiyear-build assets on […]

Oil/gas investment to stabilize Canadian economy in long-term forecast – Conference Board

Oil/gas investment to stabilize Canadian economy in long-term forecast – Conference Board

Baby-boomers exiting workforce from 2020 to 2040 will push up wages as businesses compete for skilled workers As Canada gets ready to celebrate it’s 150th birthday, a recent study from the Conference Board of Canada shows growth returning to resource-rich provinces like Alberta, along with robust performances in the rest of the country, but only […]

After Trump exit, McKenna repeats Canada’s commitment to Paris Climate agreement

After Trump exit, McKenna repeats Canada’s commitment to Paris Climate agreement

Vancouver committed to cut emissions by 80% below 2007 levels, before 2050 President Donald Trump recently announced that the United States will be leaving the Paris Climate Accord, which former President Barack Obama had helped create. Canada will not be following the Americans, says Catherine Mckenna, minister of environment and climate change. In fact, Mckenna said in a […]

Renewables on the rise: are Energy Majors ready to invest?

Renewables on the rise: are Energy Majors ready to invest?

Energy Majors only just starting to sow  seeds for radical changes that lie ahead Wind and solar energy are poised to radically reshape the energy market over the coming decades, presenting a threat to legacy oil and gas operations, but also an opportunity to diversify and future-proof portfolios, according to a report from Wood Mackenzie. […]

University report finds Utica Shale investment has surpassed $50 billion

University report finds Utica Shale investment has surpassed $50 billion

Thanks to fracking, Ohioans do not have to choose between stable jobs or clean air by Jackie Stewart, EnergyInDepth A new Cleveland State University (CSU) report entitled “Shale Investment Dashboard in Ohio” finds total Utica Shale investment topped $50.4 billion from 2011 to the summer of 2016. That total includes $38.8 billion in upstream investment […]

GE Energy Financial tops $15 billion in global renewable energy investments

GE Energy Financial tops $15 billion in global renewable energy investments

Financial investments span wind, solar, other renewable technologies across 17 countries GE Energy Financial Services announced it has exceeded $15 billion in renewable energy investment commitments in wind, solar, and other renewable energy projects globally, according to a press release. Over the past three years, GE Energy Financial Services has committed to invest approximately $5 […]

Tesla, Mexican solar are hotspots in tepid Q1 for clean energy investment

Tesla, Mexican solar are hotspots in tepid Q1 for clean energy investment

Global clean energy investment in Q1 2017 was down 17% compared to Q1 2016 Clean energy investment worldwide totalled $53.6 billion worldwide in the first quarter of this year, down 17 per cent from Q1 2016 but only 7 per cent lower than the final quarter of last year, according to the latest figures from Bloomberg New Energy […]