Traditional energy systems are no longer just stranded assets they are potential financial liabilities. The Norwegian pension fund is divesting from coal and as such is planning on selling its stake in Duke Energy. In a vacuum, it may not be a drop in the bucket of a $52billion market cap, but imagine if more institutionals follow suit. AXA also gave fair warning last week, so the trend is starting to appear. The capital will have to flow somewhere, let’s bring it to solar and with new financing innovations (!!!) more markets will be available.
- Greentech Media: Creative Solar Finance Grows the Pool of PV Investors and Customers
- New Republic: Hillary Clinton Should Declare Her Own “War on Coal”
- Business Journals: Large Duke Energy investor to divest shares over coal
- PV-Magazine: EPIA rebrands as SolarPower Europe
- Charlotte Observer: Tech giants urge halt to green-energy freeze
- Bloomberg: Hong Kong Regulator Says Hanergy Under Probe After Li Denial
- Utility Dive: Georgia Power moving into rooftop solar market this summer
- Clean Technica: Insane Solar Jobs Boom About To Get $32 Million More Insane
Opinions
Have a great day!
Yann