By Sam Hopkins
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The global clean energy puzzle has more than one piece. . .
So today, let’s take a look at the pivotal pros and cons of renewable energy investing in different regions of the world.
As we check out the challenges as well as the opportunities in each place, we gain a more integrated view, and our investment choices can be honed.
North America
Pro: … Read the rest
The Australian division of ABB Ltd assisted Oceanlinx in the production of a 250kW Wave Energy Conversion prototype. The prototype is capable of extracting energy from waves and either converting it to electricity for general use or using it to power saltwater desalinization facilities. Oceanlinx developed the technology, but ABB participated in modifications and installation of the Wave Energy Conversion unit hood and steel work.
Oceanlinx’s CEO, Stuart Weylandsmith, complimented ABB on the work it … Read the rest
In Barrons magazine this weekend they highlighted some green energy stock plays across a variety of industries, focusing on those companies that are well established, diversified and financially healthy. They c all ABB, Waste Management (WMI), FPL Group (FPL), Jacobs Engineering (JEC) and Eaton (ETN) their green dream team.
ABB (ABB): large Switzerland company is one of world’s largest builders of electricity grids and was called the GE of Europe by Barrons several months ago. … Read the rest
With the Obama administration just weeks away from move in day, there are quite a few articles out there being written about ways to play the coming infrastructure and green energy boom. Much has been made of Obama’s plan to decrease our dependence on foreign oil and to a lesser degree, plans to spend big on infrastructure. Certainly infrastructure and green energy will be two big themes over the next 4 years and possibly beyond, … Read the rest
ABB announced today that it has entered a new solar equipment, system and service contract with LDK Solar worth at least $36 million dollars. Under the contract, ABB will assist LDK Solar in the construction of a polysilicon production plant in Xinyu City, China.
Once its built, the new plant will be Asia’s largest, producing 15,000 metric tons of polysilicon per year. ABB will provide electrical systems, equipment and project management services to LDK. … Read the rest