Financial Giants to Invest $40 Billion into Clean Energy Projects

OVER the next decade U.S. financial giants Goldman Sachs will invest $40 billion into clean energy projects globally, according to media reports.

The bank, who have already provided investment worth $4.8 billion into clean energy companies globally, is increasing their commitment due to the expanding desire of nations such as China and Brazil, according to Reuters.

The investment will be used to finance projects including solar, wind, hydro, biofuel, biomass conversion, energy efficiency, energy storage, green transportation, efficient materials, LED lighting and transmission grid projects.

Picture of Goldman Sachs Building, Jersey City by laverrue reproduced under CCL

Monday 18th June 2012


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