the global solar power market earned revenues of nearly $60 billion in 2013, and estimates that by 2020 this figure will double to $137.02 billion.
Global Solar Market Estimated To Reach $137 Billion In 2020
“New analysis from business consulting firm Frost & Sullivan shows that the global solar power market earned revenues of nearly $60 billion in 2013, and estimates that by 2020 this figure will double to $137.02 billion.”
Tesla is so much more than an automobile revolution. It may be the most catalytic force for the big transition to renewables. With that battery gigafactory, Tesla helps advance clean energy storage. In February, Tesla revealed plans to build a 10-million-square-foot facility, or gigafactory, to produce more lithium-ion batteries annually by 2020 than were made worldwide in 2013. The Palo Alto, Calif.-based automaker estimates the gigafactory will have the capacity to produce 50 gigawatt hours of battery packs a year by 2020. The battery packs will be used for its existing Model S luxury sedan and a cheaper next-generation vehicle, to be called the Model 3. The plant will also produce cells, modules and packs for the stationary storage market.
Tesla, Panasonic Sign Battery Gigafactory Deal
“Electric automaker Tesla Motors has reached an agreement with electronics giant Panasonic Corp to build a massive US battery plant.”
For the past few years I have followed the Global Peace Index with great interest. Business is a real force for peace, and peace is good for business. The statistics are clear. If I had a magic wand to bring peace to the world I would ask for good business and flourishing enterprise to spread everywhere--spreading economic opportunity, dignified work, creativity, valuing of diversity, effective institutions, and the sustainable value mindset.
Where Business is Good, Peace Breaks Out: Global peace index 2014 webinar
Philippa Lysaght from the Institute for Economics and Peace (economicsandpeace.org/) will talk about the recently release Global Peace Index 2014, discuss the work that IEP does, and answer questions.
Patigonia the company, which is owned by the Chouinards, changed its structure. It became a benefit, or B, corporation, one of an estimated 900 in the United States. This form of incorporation, permitted in 26 states and the District of Columbia, requires executives to take into account not just how decisions will affect profit and shareholders but also how they will affect the public, generally defined as society or the environment. Though the rules vary among states, companies must produce an annual benefit report to demonstrate how they are adhering to the mission. “Business can be the most powerful agent for change, and if business doesn’t change, then I think we’re all doomed,” Ms. Marcario said. “Business that puts profit above people and the environment is not going to be a healthy and sustainable way for us to live and for the planet to survive.” She added that Mr. Chouinard had said that every time he made a decision that was right for the environment, it had made the company money, though sometimes not for a while.
At Patagonia Business as an Agent of World Benefit is Real
“The company, which sells outdoor apparel and gear, has an unusual commitment to advancing sustainability, sometimes at the expense of its profit.”
"The perception that fossil fuels are cheap and renewables are expensive is now out of date", said Michael Liebreich, chief executive of Bloomberg New Energy Finance. "The fact that wind power is now cheaper than coal and gas in a country with some of the world's best fossil fuel resources shows that clean energy is a game changer which promises to turn the economics of power systems on its head," he said.
Renewables Now Cheaper Than Fossil Fuels: It Will Turn the Energy Economy on its Head--Lessons From Austrialia
“Alternative Energy and Fuel News (#Renewables Now Cheaper Than #Fossil Fuels in Australia http://t.co/g1UKNL3XH1
According to executives, sustainability is becoming a more strategic and integral part of their businesses. In past surveys, when asked about their companies’ reasons for pursuing sustainability, respondents most often cited cost cutting or reputation management. Now 43 percent (and the largest share) say their companies seek to align sustainability with their overall business goals, mission, or values2 —up from 30 percent who said so in 2012 .
Sustainability’s strategic worth: McKinsey Global Survey results | McKinsey & Company
“Executives at all levels see an important business role for sustainability. But when it comes to mastering the reputation, execution, and accountability of their sustainability programs, many companies have far to go.”
This award by an accounting association shows how sustainability is a huge business opportunity. The numbers are increasingly clear. Organisers ICAEW, the chartered accountants association, says the awards have a special focus on corporate longevity, recognising organisations that have enshrined business sustainability practices that have been proven to benefit them commercially. ICAEW's Head of Sustainability, Richard Spencer, says: "It is now more important than ever for businesses to ensure that sustainability is built into every one of their processes. "This award recognises organisations that are ahead of the curve, have made significant progress in ensuring they are built on firm sustainable principles, and are seeing the benefits to their business. Just to be shortlisted is a tremendous achievement, and I congratulate all of the finalists." One of the possible front runners is IKEA that has already picked up a UK and Ireland Company of the Year award this year at the BusinessGreen Leaders Awards. The judges praised IKEA for what was described "as one of the most ambitious green business strategies ever seen by a major business corporation."
BUSINESS AWARD: Sustainability awards recognise growing interest in green issues amongst business community. It's just good business.
“Ten businesses are in the running for a UK sustainability in business award...”
There are now around 500 crowdfunding platforms in existence and, with the world becoming increasingly connected through social media, it is becoming even easier for entrepreneurs to tap into a large pool of finance from small investors. In May 2013, Eureeca.com was created in Dubai as the first truly global crowd-investing marketplace where businesses can raise funding. Unlike other crowdfunding platforms that typically operate on the basis of a donation model, Eureeca.com is an online forum that enables entrepreneurs to source funding from the crowd in exchange for equity. By harnessing the power of social media, such platforms have made it possible to access a massive pool of resources, contacts and expertise in order to support entrepreneurial moves towards achieving a sustainable economy. Since governments have a limited financial capacity, the best bet for environmentalists is those visionary entrepreneurs who can spot opportunities from potential challenges. And with advances in information technology and booming trends in business model innovations like crowdfunding, collaborative consumption, pay-per-use, sharing and leasing models, exciting changes lie ahead.
Agenda 21 - Should We Ditch The ‘Green Economy’?
“Faced with public pressure to lower their carbon footprint, and the high cost of setting up sustainable energy supplies, businesses and governments now have a third option. Forbes 7-25-1...”