Cleantech growth continues at a pace: GE Energy Financial Services recently raised its 2010 renewable energy investing target by 50 percent to $6 billion. GE Energy Financial Services recently crossed the $3 billion mark with a $300 million investment in wind projects spanning four states.
“Thanks to our strong customer relationships, our expertise, GE’s technical capabilities, high fossil fuel prices and popular support for cleaner power, renewable energy has become our fastest-growing business,†said Alex Urquhart, President and CEO of GE Energy Financial Services. “With our broad capabilities to invest equity and debt within and outside the United States — not only in wind but in solar, biomass, hydro and geothermal power — we have become a major player in a $60 billion annual renewable energy market.†Continued in Company Press Release…
Here’s hoping full thought is given to the manufacturing and siting stages so that we don’t just have ‘clean energy’, but it can also be ‘green energy’. (Of course the greenest energy is the energy that isn’t produced – see my recent post on NegaWatt Power.)
:: More via Google News