nuclear-news

The News That Matters about the Nuclear Industry Fukushima Chernobyl Mayak Three Mile Island Atomic Testing Radiation Isotope

Japan’s renewable energy – $487 million investment from Goldman Sachs

Goldman Sachs to invest $487 million in Japan’s renewable energy market jdp,  MAY 23, 2013 by IDA TORRES  The Goldman Sachs Group is set to invest around 487 million dollars in the next five years in Japan’s renewable energy market. This is made due to the country’s increasing demand for electricity from solar and wind power as it tries to decrease its reliance on nuclear energy.

The investment will be coursed through the Japan Renewable Energy Co. unit which was created by Goldman in August 2012 to arrange the details, map out the design and operate power plants that will be running on renewable materials including the sun, wind, fuel cells and biomass fuels. They will be spreading out this investment through bank loans and project financing worth 2.4 billion dollars over 5 years for projects that will cost around 2.9 billon dollars in total.

Japan can potentially become the 2nd biggest market for solar energy by the end of the year, second only to China….http://japandailypress.com/goldman-sachs-to-invest-487-million-in-japans-renewable-energy-market-2329333

May 23, 2013 - Posted by | general

No comments yet.

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

« Previous | Next »