The Italian energy giant Enel has seen a growing clean energy focus pay off with a 3.8 percent increase in core earnings in 2018.

The rise, which saw earnings before interest, tax, depreciation and amortization (EBITDA) hitting €16.2 billion ($18.3 billion), was mainly a result of improving margins on the company’s renewable projects in Italy, Spain and Latin America, Reuters reported this month.

Net debt was also up 9.9 percent, to €41.1 billion ($46.4 billion). The results, in line with company targets, saw Enel’s share price dipping slightly in the days after the announcement, although the stock continues to trade

India’s renewable energy sector looks set to continue growing this year, despite uncertainty over the outcome of national elections in May, analysts said. 

“The solar industry will continue to progress positively, largely independent of the election outcomes,” said Wood Mackenzie analyst Rishab Shrestha.  

Current Prime Minister Narendra Modi had established a "very positive" course, "and the achievement thus far is commendable in the utility-scale solar sector,” Shrestha said.

Modi’s right-wing, Hindu-nationalist Bharatiya Janata Party (BJP) became the first Indian party since 1984 to win an outright majority when it secured 282 seats in India’s lower house of parliament, the Lok Sabha, in the 2014 general

Two cleantech startups from Alphabet’s “moonshot factory” improved their odds of commercialization this week.

Makani, which makes a kite-based wind power generation device, secured a partnership with Shell’s wind development arm to test the technology offshore. The deal makes Shell a minority shareholder in the startup, although further details of the terms were not disclosed.

Now, Makani will graduate out of X’s Moonshot Factory and live as an independent entity within the Alphabet corporate structure.

Earlier this week, home geothermal heating company Dandelion Energy raised a $16 million Series A led by Google Ventures (now called GV) and Comcast Ventures.

Back in

After a long search for the best electric vehicle for my needs in Hawaii, I decided to buy a Chevy Bolt.

This is my second full battery-electric vehicle; my first was a Fiat 500e (which I wrote about here back in late 2014). My car before that was a Prius C, and before that there were two different models of the normal Prius. So I’ve had a long history now with highly fuel-efficient cars.

The Fiat, my first all-electric, was a great little car. But it wasn’t a full-function car because it only had about 80 miles of range, tiny back seats

The Italian energy giant Enel has seen a growing clean energy focus pay off with a 3.8 percent increase in core earnings in 2018.

The rise, which saw earnings before interests, tax, depreciation and amortization (EBITDA) hitting €16.2 billion ($18.3 billion), was mainly down to improving margins on the company’s renewable projects in Italy, Spain and Latin America, Reuters reported this month.

Net debt was also up 9.9 percent, to €41.1 billion ($46.4 billion). The results, in line with company targets, saw Enel’s share price dipping slightly in the days after the announcement, although the stock continues to trade well above

After a multi-year downturn, cleantech venture capital investments are back on the upswing.

According to year-end numbers from Bloomberg New Energy Finance, venture and private equity investments into the sector grew 127 percent in 2018 over the previous year, amounting to $9.2 billion. That is the highest total since 2010.

Years after venture capital plummeted in 2012 — when investors ran from clean technologies after getting burned by bad bets — we’re seeing a new wave of activity. Oil majors, billionaires and a wide range of corporations are getting in on the action. And there’s a wide range of new funds focusing on both software-

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We are a privately-owned Qatari company established in June 2011 and operating from Doha, Qatar.

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