New Investment in clean energy worldwide rallied in the second quarter of 2009, reaching $24.4 billion, according to figures published recently by New Energy Finance. The data, which is based in actual deal and project transactions, show that during the second quarter, there was a big improvement on the first quart of 2009, when investment was just $13.3 billion. Despite this dramatic increase in investment, the investments of the second quarter were 37% below the investment amount from the same quarter last year, when the figure was $36.2 billion.
SustainableBusiness.com recently announced its 2009 Sustainable Business 20 (SB20) List: The World’s Top Sustainable Stocks. The 8th Annual SB20 List consists of 20 public companies that are leading the way to a sustainable economy. The list is presented in the Progressive Investor newsletter, published by SustainableBusiness.com, which tracks and analyzes green stocks. To choose the 20 companies, SustainableBusiness.com works with a group of judges, who are among the most respected green stock analysts in the world. Judges select companies across the range of green business sectors – solar, wind, geothermal, smart grid, water, food, agriculture, green building and transport. In addition, over a third of the companies populating this year’s SB20 List are “Corporate Pioneers” – companies with conventional products and services that are greening their product lines.
The Report can be purchased as part of a subscription to Progressive Investor or separately for $89. Progressive Investor is a monthly newsletter that guides investors and analysts toward green investments. Published by SustainableBusiness.com, it covers all green business sectors, including renewable energy, green building and healthy lifestyle. You can read an excerpt of the Report on SustainableBusiness.com. It is an in-depth interview with Patrick McVeigh, president of Reynders, McVeigh Capital Management, a green/social portfolio management firm. Progressive Investor talked with him about his impression of market conditions, the impact of the stimulus plan on cleantech, and how they are managing porfolios under these circumstances. You can also read the sample article, The Green Investment Landscape.
In 2008 the US experienced an explosive rate of growth in installed wind power capacity. Last year the US added an additional 8,358 megawatts (MW) of new generating capacity (enough to serve over 2 million homes) surpassing Germany as the world’s largest producer of wind energy.
