Siemens has planned to increase its Environmental Revenues to Euro 40 Billions by 2014 which is quite a big jump considering the large base.GE is its biggest competitor which is also rapidly increasing investment and research into Renewable Energy.Areva,ABB,Samsung,LG,Hyundai,Toshiba,Sharp,Panasonic,Mitsubishi are other industrial giants looking to rapidly increase revenue from Clean Technology.Siemens has a definite technological and incumbent advantages however the competition is quite formidable.Siemens has made important wins recently in the field of high speed railways,new generation high voltage DC electricity transmission,offshore wind etc.But it lacks size and scale in the fields of nuclear and solar energy and has little presence in the area of Energy Storage as well.While Siemens has bought Soliel in the Solar Thermal field,it lacks a Solar PV product portfolio.Siemens however remains a good long term safe green investment in a volatile cleantech sector.

Siemens as a part of its Energy Efficinecy Efforts will go on a Green Makeover of its Office Locations in India.LED Lightining and other measures will be adopted to save Rs 3 crore in Energy Costs annually.15% of its current Energy needs will be cut by spending around $2.2 million in the next 2 years with a payback time of around 3 years.Siemens hopes to establish its Green Credentials in the Green Building Category by showcasing its inhouse efforts in Energy Efficiency.Note Energy Efficiency is the cheapest way to cut carbon emissions and is the lowest hanging fruit in mitigating Climate Change.It is perhaps the only Green Sector which does not require a subsidy to be economic.India is on a massive infrastructure building spree with $500 billion expected to be spent over the next 5 years.Green Buildings will go a long way in reducing India’s growing carbon emissions and will save money as well.

The Transmission Line will give a huge boost to Offshore WInd Energy in the United States.The Government has estimated a 4000 GW Offshore Wind Potential which is almost 4 times bigger than the current 1000 GW Electricity Generating Capacity . However note the load factors for wind is usually 1/4th to 1/3rd that of normal Fossil Fuel Energy so it would be incorrect to say that Offshore Wind could generate 4 times the current US Electricity like some websites are doing.However this is not to takeaway from the fact that this will help wind energy and green jobs considerably.US is seriously lagging behind countries like China and South Korea in the upcoming Green Industry.Lack of US Climate Legislation and indifferent individuals and companies are creating massive roadblocks in Climate Mitigation.Tranmission Costs are a big hurdle for Offshore as well as Onshore Wind Energy.Note the bigger the consumer area for Renewable Energy the less the adverse affects of intermittency.The Tres Amigas Transmission SuperHub is another example of Private Initiative in the Electricity Transmission Area.While the dollar benefits to the investing companies might be uncertain,the Green Benefits of this move are immense.The US Electricity Regulator has already given a thumbs up and the US Administration also seems very supportive recently approving the Cape Wind Offshore Wind Farm in Federal Waters in Nanutech Sound.

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.Cisco has said that the Smart Grid Opportunity will be 100-1000 times bigger than the Internet as the Electricity Infrastructure of the world is modernized.Pike Research estimates expenditure on Smart Grid to become $200 Billion by 2015 from $20 Billion at Present.Already large sums of money from the ARRA Stimulus are going to be spend by US Utilities on Smart Grid Projects.There are a host of Software and Hardware Companies in the Race for the Smart Grid Pie.IBM,Google,Microsoft,Honeywell,GE,SAP,Oracle every big company wants a piece of this Multi Billion Dollar Pie.However Cisco is the one putting serious money and effort into its Smart Grid Initiative.

.Most of the State Electricity Distributors are in poor financial shape and have been known to frequently default on their financial obligations.With almost 70-75% of the estimated $2.2 Billion in the first phase of the PV projects to be financed by debt,this represents a big hurdle for the success of Solar Energy.The government needs to come out with some sort of arrangement of guarantees for the smooth functioning of the Solar Mission and instill confidence amongst investors and Banks.