You are currently following SustainableBusiness.com
Stop Following
You are no longer following SustainableBusiness.com
Rona Fried, Ph.D., is editor of Progressive Investor and CEO of SustainableBusiness.com. Known for her wide-ranging, deep knowledge of sustainable business, she speaks and writes on topics related to green business, green jobs and green investing. She writes the "Investing in Clean... More
Iberdrola Renovables (IBR.MC; IRVSF.PK), based in Spain, is the world's largest wind developer and one of the largest renewable energy project developers, with 10.5 GW of assets worldwide. It also has the largest portfolio of future projects at over 5.7 GW.
Besides wind, the company builds solar thermal and small hydro, and is involved in R&D for marine biomass and tidal energy. IBR is the fastest growing subsidiary of Iberdrola SA, one of the largest utilities in the world.
The company constructs and operates plants and sells the electricity to utilities under long term power agreements. It has operations throughout the Americas, Europe, Africa, the Middle East and Asia.
Since 2007, there have been applications to license 26 new nuclear reactors in the US. Nine have been canceled or suspended indefinitely in the last 10 months, and 10 have been delayed 1-5 years.
Why? Because, as almost always happens with nuclear plants, they end up being much more expensive than original plans project. In these cases, costs over-runs were triple that of estimates, while the price for natural gas declined, making them even less attractive.
Over the past six months or so, there have been numerous announcements from the Obama Administration regarding fast tracking approvals for renewable energy projects on public lands.
In October, for example, Interior Secretary Ken Salazar and California Governor Arnold Schwarzenegger signed an agreement to spur development of renewable energy on federal lands in California.
These important agreements are not only streamlining the approval process, they are proactively identifying the best sites for renewable energy projects - those that have the best sun, wind or geothermal resources, and those that don't present problems for wildlife and the environment. They are also coordinating with federal and state agencies to make sure appropriate transmission lines are available.
Cereplast, Inc. (OTCBB:CERP), a manufacturer of bio-based plastics, says it's developing a technology to transform algae into bioplastics and intends to launch a new family of algae-based resins that will complement the company’s existing line of Compostables® & Hybrid ®resins.
Cereplast algae-based resins could replace 50% or more of the petroleum content used in traditional plastic resins, the company says. Currently, Cereplast is using starches from corn, tapioca, wheat and potatoes and Ingeo® PLA.
"Our algae research has shown promising results and we believe that in the months to come we should be able to launch this new family of algae-based resins,” says CEO Frederic Scheer. “Algae-based resins represent an outstanding opportunity for companies across the plastic supply chain to become more environmentally sustainable and reduce the industry's reliance on oil. We are still in the development phase, but we believe that this breakthrough technology could result in a significant new line of business in the years to come.”
90% of wealth managers say responsible investment portfolios perform the same or better than other investments, according to a survey conducted by social investment research firm Eiris.
The report identifies a growing awareness of environmental, social and governance issues among high net worth individuals and finds that wealth managers are taking a more salutory view of responsible investing in the wake of the financial crisis.
Over half the wealth managers surveyed said the current financial situation has led them to take governance issues and the potential for tighter regulations into account in client portfolios.
A poll of 100 solar professionals concludes the US solar industry will experience strong growth in 2010 and 2011, but other studies warn that an increasingly saturated market will cause problems for the industry after that.
The "2009 U.S. Solar Industry Monitor" conducted by management consulting firm Droege & Co. finds that 93% of solar professionals expect strong growth for their U.S. businesses in 2010 and 95% expect the same for 2011.
Many expect the industry to grow more than 25% in 2010 (37%) and 2011 (55%). 65% say the recession hasn't crushed the U.S. solar industry, but the main obstacles to growth are lack of financing (82%), little support from utilities (63%), lack of customer knowledge (61%), and insufficient incentives (59%).
They see more favorable legislation and increased marketing efforts as the keys to expansion of their businesses. 83% say they plan to step up sales and marketing communications over the coming year.
"The U.S. solar industry is positioning itself for a sales upswing in 2010 that could pave the way for aggressive expansion in the years beyond," says Sebastian Goeres, a renewable energy specialist with Droege. "Competition is fierce, and players compete mainly via cost. We see the need for leading companies to improve their operational costs and to put more emphasis on their strategic plans."
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.
Is Iberdrola on Your Radar Screen?
Iberdrola Renovables (IBR.MC; IRVSF.PK), based in Spain, is the world's largest wind developer and one of the largest renewable energy project developers, with 10.5 GW of assets worldwide. It also has the largest portfolio of future projects at over 5.7 GW.
The company constructs and operates plants and sells the electricity to utilities under long term power agreements. It has operations throughout the Americas, Europe, Africa, the Middle East and Asia.
More »What's the Alure of Nuclear?
Solar Millennium Projects Fast-Tracked for California
Over the past six months or so, there have been numerous announcements from the Obama Administration regarding fast tracking approvals for renewable energy projects on public lands.
In October, for example, Interior Secretary Ken Salazar and California Governor Arnold Schwarzenegger signed an agreement to spur development of renewable energy on federal lands in California.
These important agreements are not only streamlining the approval process, they are proactively identifying the best sites for renewable energy projects - those that have the best sun, wind or geothermal resources, and those that don't present problems for wildlife and the environment. They are also coordinating with federal and state agencies to make sure appropriate transmission lines are available.
More »Cereplast Exploring Algae for Bioplastics
Cereplast, Inc. (OTCBB:CERP), a manufacturer of bio-based plastics, says it's developing a technology to transform algae into bioplastics and intends to launch a new family of algae-based resins that will complement the company’s existing line of Compostables® & Hybrid ®resins.
Cereplast algae-based resins could replace 50% or more of the petroleum content used in traditional plastic resins, the company says. Currently, Cereplast is using starches from corn, tapioca, wheat and potatoes and Ingeo® PLA.
"Our algae research has shown promising results and we believe that in the months to come we should be able to launch this new family of algae-based resins,” says CEO Frederic Scheer. “Algae-based resins represent an outstanding opportunity for companies across the plastic supply chain to become more environmentally sustainable and reduce the industry's reliance on oil. We are still in the development phase, but we believe that this breakthrough technology could result in a significant new line of business in the years to come.”
More »Responsible Portfolios Perform as Well or Better
90% of wealth managers say responsible investment portfolios perform the same or better than other investments, according to a survey conducted by social investment research firm Eiris.
More »The report identifies a growing awareness of environmental, social and governance issues among high net worth individuals and finds that wealth managers are taking a more salutory view of responsible investing in the wake of the financial crisis.
Over half the wealth managers surveyed said the current financial situation has led them to take governance issues and the potential for tighter regulations into account in client portfolios.
Strong Growth for US Solar in 2010,2011, but Uncertain After That
A poll of 100 solar professionals concludes the US solar industry will experience strong growth in 2010 and 2011, but other studies warn that an increasingly saturated market will cause problems for the industry after that.
The "2009 U.S. Solar Industry Monitor" conducted by management consulting firm Droege & Co. finds that 93% of solar professionals expect strong growth for their U.S. businesses in 2010 and 95% expect the same for 2011.
Many expect the industry to grow more than 25% in 2010 (37%) and 2011 (55%). 65% say the recession hasn't crushed the U.S. solar industry, but the main obstacles to growth are lack of financing (82%), little support from utilities (63%), lack of customer knowledge (61%), and insufficient incentives (59%).
They see more favorable legislation and increased marketing efforts as the keys to expansion of their businesses. 83% say they plan to step up sales and marketing communications over the coming year.
"The U.S. solar industry is positioning itself for a sales upswing in 2010 that could pave the way for aggressive expansion in the years beyond," says Sebastian Goeres, a renewable energy specialist with Droege. "Competition is fierce, and players compete mainly via cost. We see the need for leading companies to improve their operational costs and to put more emphasis on their strategic plans."
More »