Renewable power installations set for record year: IEA

Wind turbines and solar panels in Kayseri, Turkey. Timeswork | E + | Getty Images The world is set to add nearly 290 gigawatts of renewable energy this year, according to the International Energy Agency, with the Paris-based organization expecting “2021 to set an all-time record for new facilities.” The International Energy Agency’s Renewable Energy … Read more

Bill Gates doubts aim to limit global warming to 1.5 degrees achievable   

Bill Gates is photographed at the COP26 Climate Change Summit in Glasgow, Scotland, on November 2, 2021. Evan Fauci | AFP | Getty Images LONDON – Bill Gates appears to have cast doubt on whether the world will be able to keep global warming to 1.5°C, providing a sobering reminder of how much work needs … Read more

SolarEdge (SEDG) Q3 2021 earnings

A Solarpro employee installs a SolarEdge Technologies Inc. transformer. At a residential property in Sydney, Australia, on Monday, May 17, 2021. Brendon Thorne | Bloomberg | Getty Images Shares of SolarEdge Inc fell 8% during extended trading Tuesday following the company’s third-quarter earnings results. SolarEdge posted record revenue for the period, but the number missed … Read more

ESG ETFs launched this year may not move the needle enough, CEO warns

CEO Van Eck Associates says the growing supply of environmental, social and governance ETFs will not be enough to meaningfully mitigate broad problems such as climate change. “ESG is good as a coherent investment approach on a fund-by-fund basis to make a difference which is a good signal, but to put it in perspective, it … Read more