GE Invests $50 Million In India Wind Company Greenko
GE's investment funds 500 MW of wind across India, and sets the stage for 1 GW of projects.
GE's investment funds 500 MW of wind across India, and sets the stage for 1 GW of projects.
by Andreas Schreyer In The Green Investor newsletter, which guides investors in developing green stock portfolios, we have been generally supportive of China, despite being the world’s largest polluter, for its progressive energy policies and its massive investment in renewable energy. We have been attracted to the growth prospects of Chinese renewable energy markets and have been cautiously selecting China-related investments, but sadly, we are now forced to downgrade Chinese and China-dependent investments to the speculative risk category. Cases of fraud, stock manipulations and intellectual property theft are not new in China, and our older subscribers painfully remember getting stopped out of RINO International Corp. when their false accounting scam was revealed. We are now finding out that the American Superconductor implosion earlier this year is the direct result of intellectual property theft. The American Superconductor Saga When we issued our sell recommendation for American Superconductor (AMSC) in June, the only information available was that the company was going to miss its quarterly and yearly financial expectations in a big way because its largest customer Sinovel, the leading Chinese wind turbine manufacturer, which overtook GE last year for the #2 rank in the world, was in breach of contract for […]
4400 solar panels will span the 1886 bridge; rising renewable levels put fossil fuels in the back seat.
Bullitt Foundation's Seattle headquarters is setting a precedent in green building design.
Even in industry-friendly Texas, persistent drought leads to fracking restrictions; NY Doctors warn against health risks of fracking.
Efficiency and renewables are safer and cheaper than new nuclear plants in Florida and Georgia would be.
Phasing out subsidies that reached half a trillion dollars in 2010 would reduce energy demand and carbon emissions.
Lobbying and cronyism related to the State Dept's approval of the tar sands pipeline has grown to include many more lobbyists.
The automobile centered lifestyle seems to be fading, while fuel economy is increasing.
The trade complaint argues that $30 billion in subsidies gives Chinese companies an unfair competitive advantage, and that US manufacturing is being decimated by cheap Chinese imports.