More than any other investment bank, Goldman Sachs (NYSE:GS) is famed for its skill at picking good investments. Last week, the bank announced it would invest another $40 billion in green technologies over the next 10 years (or an average of $4 billion a year.) While this is a drop from the $4.8 billion invested in 2011, the last time Goldman Sachs made a commitment to green tech was 2005. The $1 billion pledged then ended up as $4 billion in direct investments of Goldman’s own money, and another $24 billion of financing arranged by the bank.
Three Things Goldman Sachs’ $40B Greentech Investment Means, and Two It Doesn’t
Last 5 posts in Solar News
- NLP Solar Sales Training | 2 Loan Programs | Live Webinar April 17th & 18th - April 6th, 2013
- The Limits of Renewable Energy: A Call for Research and Development - April 5th, 2013
- The Regulatory Energy Reform Imperative - April 5th, 2013
- BrightSource Shelves Another Major CSP Project - April 4th, 2013
- New Survey: Republican Voters Support Action on Clean Energy, Climate Change - April 4th, 2013
Recent Solar Energy Comments