China CDM Fund, the government body that invests money from carbon credits, will almost double its available cash for renewable energy projects to 10 billion yuan ($1.5 billion) in 2012, the vice director of the fund said.
The fund, which manages 6 billion yuan currently, will add as much as 3 billion yuan a year through 2012, Jiao Xiaoping, deputy director general of China CDM Fund, said in an interview in Shanghai yesterday.
Looks like hard-core behavioral analysis and the good ol? U.S. mail has won one of the bigger cleantech cash prizes of the year.
Opower has landed a $50 million investment from Kleiner Perkins, Accel Partners and New Energy Associates, more than tripling the $14 million it raised from NEA in late 2008 as it scales up to quadruple its customer base and launch some new products in 2011.
IBM?supercomputers are the most energy efficient supercomputers in the world, according to the latest Supercomputing ‘Green500 List’ announced by Green500.org. A prototype of IBM’s next generation Blue Gene supercomputer is #1 on the list.
The EU would be acting in its own economic interest if it raised its 2020 CO2 reduction target to 30%, says a European Parliament resolution approved on (last) Thursday, which also highlights forest protection and climate aid commitments to developing countries as critical areas for progress in upcoming international talks in Canc?n, Mexico.