Welcome to the Green Chip Review Weekend Edition — our insights from the week in everything alternative and cleantech, as well as links to our most-read Green Chip Review and sister publication articles.
Last weekend, we discussed old energy myths and new energy realities.
Headlines this week underscored the notion that a new reality is in fact here, and showed just how deep cleantech roots are reaching.
For starters, Peru signed 26 clean energy contracts valued at $1 billion dollars. The contracts will last for 20 years and include 412 megawatts of new capacity. According to Peru's energy ministry, "the deals include 162 megawatts of hydro power, 142 megawatts of wind power, 80 megawatts of solar and 27 megawatts of biomass" and generate about 9% of current demand.
Folks, a $1 billion Peruvian cleantech announcement should alleviate any concerns that cleantech isn't here to stay or that its use won't expand quickly. But if it didn't...
Uganda — yes Uganda— said this week the country could invest $100 million in ethanol production over the next two years. The announcement came from the Uganda Sugar Cane Technologists' Association, which represents three major sugar plants with 112,000 metric tons of annual molasses capacity.
Poor East African countries (with ample oils reserves, I might add) don't pursue projects like this unless they'll greatly benefit the country.
You can see where the priorities of even the most obscure countries lie. Everyone is in hot pursuit of clean energy.
And while second-tier countries are only now ramping up their use of cleantech, developed nations are constantly looking for more...
Denmark's state-owned utility, DONG Energy, announced this week plans to build the world's second-largest offshore wind farm. Valued at $1.8 billion, the 400 MW farm would be larger than the world-leading 209 MW Horns Rev 2 wind farm, also built by DONG.
But it would be smaller than the 630 MW London Array planned for the Thames Estuary.
There's plenty of money to be made as firms compete to outdo each other with multi-billion-dollar wind farms.
Canada is stepping it up as well. Ontario announced 184 clean energy contracts that will bring 2,500 MW online. That's in addition to 510 "medium-sized" projects announced by government earlier this year.
According to the minister of energy and infrastructure, "The two sets of projects will generate 20,000 direct and indirect green jobs and attract about $8.9 billion in private sector investment."
Ontario and British Columbia each plan to phase out all coal-fired power plants in the next few years. I should note that Las Angeles, too, has outlawed new coal power plants.
Only ideological blinders could shield you from this writing on the wall...
Clean energy makes such economic sense that developing countries are using it to create wealth and expand their gross domestic products.
Billion-dollar cleantech announcements have become a common occurrence. (We saw two of them this week.)
We're not debating if the wind industry is viable, but who will be building the next giant farm.
And coal is being systematically eradicated as a baseload energy source.
We're witnessing a complete shift in how the world creates and uses energy. And we're using that shift to make money.
We're making money from the turbine company that will supply that $1.8 billion Danish wind farm.
We're making money from the solar company about to get a boost from Ontario's $8.9 billion push.
And there will be more billion-dollar cleantech deals to profit from next week, the week after, and every week until countries drastically reduce their dependence on foreign oil dirty 20th century fuels.
Anyone who says otherwise has something to lose as it happens, monetarily, politically or otherwise.
You can find this weeks profit ideas below.
Call it like you see it,
Nick
Utility-Scale Energy Storage Innovations: The Coolest Storage Technologies You've Never Heard Of
Green Chip Editor Chris Nelder surveys some interesting new utility-scale electricity storage applications, and sees a $200 billion market just getting started.
A $30 Mil Market Created Overnight: New Green ATF Takes Control of Canadian Emerging Energy Policies
As British Columbia Energy Plan outlines 55 green policy actions to be executed between now and 2016, readers can make massive profits with the planned economy that pays you. Read the latest Green Chip report to learn how you can take cash in on 171% gains.
Electric Car Benefits: Electrification Coalition Report: 1.9 Million Jobs From Plug-In Cars And Other Benefits
Contributor Felix Kramer reports on the Electrification Coalition Report.
How Market-Makers Impact Stocks: Is the Energy Investment Game Rigged?
Green Chip's Nick Hodge discusses various ways market-makers can impact the value of stocks, and how you can follow them to easy profits...
Offshore Marine Energy: Scotland Bets Millions on Marine Energy Innovation
International Editor Sam Hopkins looks at where the real and lasting power of offshore energy is being invested in today.
Colorado Boosts Renewable Energy Standards 30%: How to Profit from Colorado's New Renewable Energy Law
Editor Jeff Siegel takes a closer look at Colorado's latest renewable energy law and the companies that could profit from it.
Solar-Powered Plane Makes First Test Flight in Switzerland: The Solar Impulse Flew Successfully Without Fuel or Emissions on Wednesday
Green Chip Contributor Hilary Stingley discusses the Solar Impulse initiative, a plan to create a plane that has zero emissions.
Bulgaria Renewable Energy: Keeping Bulgaria Renewable Energy Responsible
Green Chip's Jeff Siegel brings readers the latest on Bulgaria's renewable energy agenda.
The Future of Nuclear Has Finally Arrived: The Unique Metal that Will Single-handedly Change the Face of Nuclear Power
A single hybrid metal increases power plant efficiency by 25%-50%... slashes the radioactive life of spent uranium... and guarantees the massive meltdowns we've seen of nuclear plants in the past will be the last. Learn more about the metal revolutionizing nuclear — that's about to return three times your money.
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