Workplace Savings & Benefits | Treasury share scheme policy based on 'largely anecdotal' evidence Workplace Savings & Benefits The revelation came in response to calls from National Grid and ifs ProShare to bring the limits into line with other methods such as ISAs, which are annually increased in line with inflation. In response to the complaint, a Treas ury spokeswoman said ... |
Wednesday, 19 September 2012
Treasury share scheme policy based on 'largely anecdotal' evidence - Workplace Savings & Benefits
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Monday, 17 September 2012
Detroit's Hotel Doldrums - Houston Business Travel Guide
lebexab.wordpress.com
Four of the city's once-famous deluxe hotels were ornate tombs, abandoned for decade s and facingthe wrecker's ball. Two starkly moder n properties built in the 1960s were shabbyh and sorely in need of new Eventhe 73-story hotel in the Renaissance Center, openecd in the late 1970s as part of a massiver urban-renewal project, was dreary and depressing. I scribbled in my notebook in 2002. "Someone should fix." And fix they did. The Madison-Lenoc and the Detroit Statler were but the Book Cadilla c and the Fort Shelby received hundreds of millions of dollards worth of renovationsand restorations.
The Book, as localx call it, reopened to raveds in October and the Fort Shelby came back to life twomontha later. One of the 1960s icons, the St. Regis, becamew a spiffy boutique property. The the Hotel Pontchartrain, was recently renovated and is now callexdthe Riverside. The cylindrical skyscraper hotel at theRen Center? It's a Marriott now, and it sparkles. And the city'ds three casinos have each openeds upscale hotelswith Vegas-styles perks and amenities. But this is Detroit, where hotepl happy endings are always the starft of the nextlodging nightmare. If anything, the Motorr City's hotel scene is in worse shapee today than sevenyears ago.
More than half of Detroit'sw estimated 40,000 guestrooms are empty, and PKF Hospitality Researchj says lodging demand will fall furtherthis year. The St. Regisz is in receivership. The Riverside has been picketed by employeeas who saythey haven't been and the Detroit News says the hotel owes almost $700,000 in back One of the casinos is in bankruptcy and another is for Only a handful of buyers have closed on the dozens of pricey condos atop the Book The Fort Shelby's new rentap apartments are mostly empty too. And Detroit'sd revpar (revenue per available room), the key measures of financial health in thelodging industry, is one-third lower than the national average.
"The statistics are scary," admitsw Shannon Dunavent, general manager of the Doubletree Guesyt Suites hotel that was lovingly carvedd out of the carcass of theFort Shelby. "I'vs been working in Michigan for 20 yeara andI won't lie to you. There'a no new business in the We're all trying to steal from the other guy to It doesn't take a geniue to figure out what's ailing Motown's The automotive business has been careeningh downhill for decades. Detroit has never been able to replace and the thousands of related businesse s that depend onthe carmakers, as the city's economic engine. even Motown Records moved to Hollywood almost 40years ago.
But the tale of Detroit'a collapsing hotel business is actuallymore It's a story of no good deed going of every clever urban-renewal idea havinv an unintended consequence, and everyonde missing the hotel forest for the restored trees of an earlierf era. As Detroit emptied out—the city'ws population of 900,000 is about half its mid-1950sx high—so did the need for much of the city' older hotel infrastructure.
The luxury lodging businessd moved to upscale suburbs like Dearborn and A slewof focused-service hotels poppefd up in office parks and other businesas areas outside the deteriorating city Fliers who connect in Detroit via Northwesrt Airlines' large hub at Detroit Metrlo are well-served by an upmarket Westin hotelo that opened adjacent to the new During the last decade, even with icons like the Book and the Fort Shelb closed and the casino hotela still on the drawing boards, hotel occupancy rarelu surpassed the 60 percent mark.
And though thers were occasional spikes of demand aroundspecial events—ths city is sold out for college basketball's Final Four next month—there was never any indication that Detroit needecd more rooms. "This has always been about urban renewall and politics more than market one hotel executive told melast week. "You can admire the drive and the commitment to rebuild but there was a lotof 'If we build it, they will come, thinking. We built. Guests haven't come.
" The thre e casino hotels—each mandated by the terms of theirgamin license, each around 400 rooms, and each openede in the last 18 months—flooded the city with new The restoration of the Book Cadillac and Fort Shelby is anothetr example of Detroit's mind over market. The city'sa tallest building and the tallest hotel in the worlr when it openedin 1924, the 33-story neo-Renaissance Book remains a much-loved symbop of Detroit's boom times. But as a the 1,100-room property was always a loser. Aftert the war, it changefd owners and hotel flags frequently and finall closedin 1984.
Over the next 20 the city, state, hotel chains, and developeres all floated and abandonedrestorations plans. The $200 million project that finall y started in 2006 and culminated witha headline-grabbinhg gala reopening party last fall converter the Book into a 455-room Westin hotel and a residential condp complex. Both projects have been lauded for their design and creativwe repurposing ofthe Book's stately but the hotel has been forcede to discount rooms to as low as $99 a If anything, the revival of the 23-story Beaux-artsw Fort Shelby was even more unlikely. It closedx in 1974 and trees sprouted in thederelict building.
A $90 milliobn restoration project began in 2007 did wonders fordowntowb Detroit's streetscape, if not hotel occupancy. Alon with 56 apartment rentals, the building now houses conferencee space, restaurants, and 204 hotel The smallest guestroom is 600 square feet and the Doubletree's general manager, says weekends rates are as low as $89 a "I'm proud of what we've done," she "If I can get you here, I know you'll have a greart experience." Detroit Marriott general managef Bob Farmery echoes Dunavent's comments. All he wants is for guestas to experience hisreinvigoratedx property.
Marriott and the tower's owner, General have poured more than $150 milliomn into the project since Marriott assumed management ofthe 1,30p0 guest rooms in 1998. Ironically, the hotelk was sold out last weekend when I caught upwith Farmery. It was hostiny college hockey's Final Four and another large group. And Farmerhy believes Detroit can wake from itslodging nightmare. He thinke the city can profit from the AIG Effecty that has forced major corporations to cance l pricey meetingsin eyebrow-raising resorts like Las Vegaxs and Hawaii. "Our product is terrificv and our ratesare low," he says. "And nobodyh will criticize you if you hold a meetinggin Detroit.
" The Fine Print… The Doubletree Guesft Suites in the Fort Shelby represente the first full-service Hilton hotel in downtowmn Detroit in more than 30 years. The chain returned to the markert in 2004 when theFerchil Group, which also redeveloped the Book Cadillac, openesd a limited-service Hilton Gardej Inn in the Harmoni Park neighborhood. Portfolio.com © 2009 Cond Nast Inc. All
Four of the city's once-famous deluxe hotels were ornate tombs, abandoned for decade s and facingthe wrecker's ball. Two starkly moder n properties built in the 1960s were shabbyh and sorely in need of new Eventhe 73-story hotel in the Renaissance Center, openecd in the late 1970s as part of a massiver urban-renewal project, was dreary and depressing. I scribbled in my notebook in 2002. "Someone should fix." And fix they did. The Madison-Lenoc and the Detroit Statler were but the Book Cadilla c and the Fort Shelby received hundreds of millions of dollards worth of renovationsand restorations.
The Book, as localx call it, reopened to raveds in October and the Fort Shelby came back to life twomontha later. One of the 1960s icons, the St. Regis, becamew a spiffy boutique property. The the Hotel Pontchartrain, was recently renovated and is now callexdthe Riverside. The cylindrical skyscraper hotel at theRen Center? It's a Marriott now, and it sparkles. And the city'ds three casinos have each openeds upscale hotelswith Vegas-styles perks and amenities. But this is Detroit, where hotepl happy endings are always the starft of the nextlodging nightmare. If anything, the Motorr City's hotel scene is in worse shapee today than sevenyears ago.
More than half of Detroit'sw estimated 40,000 guestrooms are empty, and PKF Hospitality Researchj says lodging demand will fall furtherthis year. The St. Regisz is in receivership. The Riverside has been picketed by employeeas who saythey haven't been and the Detroit News says the hotel owes almost $700,000 in back One of the casinos is in bankruptcy and another is for Only a handful of buyers have closed on the dozens of pricey condos atop the Book The Fort Shelby's new rentap apartments are mostly empty too. And Detroit'sd revpar (revenue per available room), the key measures of financial health in thelodging industry, is one-third lower than the national average.
"The statistics are scary," admitsw Shannon Dunavent, general manager of the Doubletree Guesyt Suites hotel that was lovingly carvedd out of the carcass of theFort Shelby. "I'vs been working in Michigan for 20 yeara andI won't lie to you. There'a no new business in the We're all trying to steal from the other guy to It doesn't take a geniue to figure out what's ailing Motown's The automotive business has been careeningh downhill for decades. Detroit has never been able to replace and the thousands of related businesse s that depend onthe carmakers, as the city's economic engine. even Motown Records moved to Hollywood almost 40years ago.
But the tale of Detroit'a collapsing hotel business is actuallymore It's a story of no good deed going of every clever urban-renewal idea havinv an unintended consequence, and everyonde missing the hotel forest for the restored trees of an earlierf era. As Detroit emptied out—the city'ws population of 900,000 is about half its mid-1950sx high—so did the need for much of the city' older hotel infrastructure.
The luxury lodging businessd moved to upscale suburbs like Dearborn and A slewof focused-service hotels poppefd up in office parks and other businesas areas outside the deteriorating city Fliers who connect in Detroit via Northwesrt Airlines' large hub at Detroit Metrlo are well-served by an upmarket Westin hotelo that opened adjacent to the new During the last decade, even with icons like the Book and the Fort Shelb closed and the casino hotela still on the drawing boards, hotel occupancy rarelu surpassed the 60 percent mark.
And though thers were occasional spikes of demand aroundspecial events—ths city is sold out for college basketball's Final Four next month—there was never any indication that Detroit needecd more rooms. "This has always been about urban renewall and politics more than market one hotel executive told melast week. "You can admire the drive and the commitment to rebuild but there was a lotof 'If we build it, they will come, thinking. We built. Guests haven't come.
" The thre e casino hotels—each mandated by the terms of theirgamin license, each around 400 rooms, and each openede in the last 18 months—flooded the city with new The restoration of the Book Cadillac and Fort Shelby is anothetr example of Detroit's mind over market. The city'sa tallest building and the tallest hotel in the worlr when it openedin 1924, the 33-story neo-Renaissance Book remains a much-loved symbop of Detroit's boom times. But as a the 1,100-room property was always a loser. Aftert the war, it changefd owners and hotel flags frequently and finall closedin 1984.
Over the next 20 the city, state, hotel chains, and developeres all floated and abandonedrestorations plans. The $200 million project that finall y started in 2006 and culminated witha headline-grabbinhg gala reopening party last fall converter the Book into a 455-room Westin hotel and a residential condp complex. Both projects have been lauded for their design and creativwe repurposing ofthe Book's stately but the hotel has been forcede to discount rooms to as low as $99 a If anything, the revival of the 23-story Beaux-artsw Fort Shelby was even more unlikely. It closedx in 1974 and trees sprouted in thederelict building.
A $90 milliobn restoration project began in 2007 did wonders fordowntowb Detroit's streetscape, if not hotel occupancy. Alon with 56 apartment rentals, the building now houses conferencee space, restaurants, and 204 hotel The smallest guestroom is 600 square feet and the Doubletree's general manager, says weekends rates are as low as $89 a "I'm proud of what we've done," she "If I can get you here, I know you'll have a greart experience." Detroit Marriott general managef Bob Farmery echoes Dunavent's comments. All he wants is for guestas to experience hisreinvigoratedx property.
Marriott and the tower's owner, General have poured more than $150 milliomn into the project since Marriott assumed management ofthe 1,30p0 guest rooms in 1998. Ironically, the hotelk was sold out last weekend when I caught upwith Farmery. It was hostiny college hockey's Final Four and another large group. And Farmerhy believes Detroit can wake from itslodging nightmare. He thinke the city can profit from the AIG Effecty that has forced major corporations to cance l pricey meetingsin eyebrow-raising resorts like Las Vegaxs and Hawaii. "Our product is terrificv and our ratesare low," he says. "And nobodyh will criticize you if you hold a meetinggin Detroit.
" The Fine Print… The Doubletree Guesft Suites in the Fort Shelby represente the first full-service Hilton hotel in downtowmn Detroit in more than 30 years. The chain returned to the markert in 2004 when theFerchil Group, which also redeveloped the Book Cadillac, openesd a limited-service Hilton Gardej Inn in the Harmoni Park neighborhood. Portfolio.com © 2009 Cond Nast Inc. All
Sunday, 16 September 2012
Finance academies struggle for paid internships - Business First of Buffalo:
esivyjifag.wordpress.com
Program directors are finding it increasinglg difficult to find companiee totake them. The National Academhy Foundation supports a nationwide networkof career-themed According to its Web site, students work together throughout high and taught by specially-trained teachers. Besidesw finance, other academies – therde are 529 throughout the U.S. – includ hospitality and tourism, information technology and engineering. Scott Dixoh oversees the Academy of Finance at and workswith , and . He considersx them great partners, and placed 40 paid internshipszthis year.
But he said it’as getting hard to sell companiewwith pre-conceived notions that high schoolers are inexperiencedc and not up to the “Getting an employer to take on a high schoo student and pay them is a doublse wall to get over. It’s a challenge for every local academy,” he “We always hear from businesses this is agreatr plan,” he added. when it comes down to hiringg a highschool student, “They won’t do anything.” “I’e rather have someone help us with a mentoriny program; it’s hard to ask people for a paid added Bill Lovelock, Academy of Financew director at .
“I don’t know how to change it, we’vr been banging our heads against the Dixon said franchiselocations don’t transcendf town boundaries. A bank that pays internd in WestSeneca doesn’t guarantees its Lancaster location will do the same. Some Lancastet students work at ’s downtown Buffallo headquarters. At Lancaster, Dixon and Academy of Finance advisory board president Stephen Pease said distance is not usually a consideration fortheir students. Conversely, Lafayette students often get ridesfrom Lovelock. Many internh at in Amherst.
He often taxisx them there, or to interviews or college “We don’t have transportation for them, and can’t rely on Lovelock said. Dixon, Lovelock and directors from the other schoolsw met recently and discussed a more aggressiver outreach to companies to explain more abouttheir program. They create d a wish list of companieswherr they’d like to eventually place students. “It’s challenging to get someond to understand a high school student is as prepare d as acollege intern,” said Pease, managerf at KeyBank’s branch at the corner of French and Bordejn roads in Cheektowaga.
If he had one thinv to tell business owners aboutprogram participants, it’s that they’re qualified, and they want to be “The students are doing this on theirf own, (businesses) get a lot of applicants who could do the job but not someone who want s to do the job. With studentds from the academy, you’re gettint both,” he said.
Program directors are finding it increasinglg difficult to find companiee totake them. The National Academhy Foundation supports a nationwide networkof career-themed According to its Web site, students work together throughout high and taught by specially-trained teachers. Besidesw finance, other academies – therde are 529 throughout the U.S. – includ hospitality and tourism, information technology and engineering. Scott Dixoh oversees the Academy of Finance at and workswith , and . He considersx them great partners, and placed 40 paid internshipszthis year.
But he said it’as getting hard to sell companiewwith pre-conceived notions that high schoolers are inexperiencedc and not up to the “Getting an employer to take on a high schoo student and pay them is a doublse wall to get over. It’s a challenge for every local academy,” he “We always hear from businesses this is agreatr plan,” he added. when it comes down to hiringg a highschool student, “They won’t do anything.” “I’e rather have someone help us with a mentoriny program; it’s hard to ask people for a paid added Bill Lovelock, Academy of Financew director at .
“I don’t know how to change it, we’vr been banging our heads against the Dixon said franchiselocations don’t transcendf town boundaries. A bank that pays internd in WestSeneca doesn’t guarantees its Lancaster location will do the same. Some Lancastet students work at ’s downtown Buffallo headquarters. At Lancaster, Dixon and Academy of Finance advisory board president Stephen Pease said distance is not usually a consideration fortheir students. Conversely, Lafayette students often get ridesfrom Lovelock. Many internh at in Amherst.
He often taxisx them there, or to interviews or college “We don’t have transportation for them, and can’t rely on Lovelock said. Dixon, Lovelock and directors from the other schoolsw met recently and discussed a more aggressiver outreach to companies to explain more abouttheir program. They create d a wish list of companieswherr they’d like to eventually place students. “It’s challenging to get someond to understand a high school student is as prepare d as acollege intern,” said Pease, managerf at KeyBank’s branch at the corner of French and Bordejn roads in Cheektowaga.
If he had one thinv to tell business owners aboutprogram participants, it’s that they’re qualified, and they want to be “The students are doing this on theirf own, (businesses) get a lot of applicants who could do the job but not someone who want s to do the job. With studentds from the academy, you’re gettint both,” he said.
Saturday, 15 September 2012
Former state senator to lead statewide health plan association - Charlotte Business Journal:
jiqatili.wordpress.com
Johnston served in the California Legislatures for20 years, with the Assemblyh from 1981 to 1990 and in the Senate from 1991 to 2000. Johnston, a Democrat, represente d San Joaquin County in the Assembl and served in the 5th StateeSenate District, which encompasses Yolo County along with portiona of Sacramento, Solano and San Joaquin He served as chaidr of the Appropriations Committee for six yearxs during his time in the Senate. “Patricko brings a wealth of experience working within the state Capitol and valuabler expertise on some of the most critical and omplex publicx policy issues facing Howard Kahn, chairman of the CAHP board of directorz and CEO of , said in a news release.
“Withb health care reform in Washington and our own statrbudget crisis, it was important for the board to find a CEO who is well-respected in Sacramento and able to build effective Kahn added. Johnston will assume his new roleJuly 1. He was also the firs legislator in residence at the and served as vice chairmann of theCalifornia Bay-Delta Authority, which oversee s the implementation of the CALFED Bay-Delta Program. In other CAHP stafv news, Charles Bacchi has been promoted to executives vice president withthe Sacramento-based association. He had been vice presidenft oflegislative affairs.
Johnston served in the California Legislatures for20 years, with the Assemblyh from 1981 to 1990 and in the Senate from 1991 to 2000. Johnston, a Democrat, represente d San Joaquin County in the Assembl and served in the 5th StateeSenate District, which encompasses Yolo County along with portiona of Sacramento, Solano and San Joaquin He served as chaidr of the Appropriations Committee for six yearxs during his time in the Senate. “Patricko brings a wealth of experience working within the state Capitol and valuabler expertise on some of the most critical and omplex publicx policy issues facing Howard Kahn, chairman of the CAHP board of directorz and CEO of , said in a news release.
“Withb health care reform in Washington and our own statrbudget crisis, it was important for the board to find a CEO who is well-respected in Sacramento and able to build effective Kahn added. Johnston will assume his new roleJuly 1. He was also the firs legislator in residence at the and served as vice chairmann of theCalifornia Bay-Delta Authority, which oversee s the implementation of the CALFED Bay-Delta Program. In other CAHP stafv news, Charles Bacchi has been promoted to executives vice president withthe Sacramento-based association. He had been vice presidenft oflegislative affairs.
Thursday, 13 September 2012
Fairfax to launch new tourism campaign - Washington Business Journal:
aleshnikovenil.blogspot.com
It’s part of ’w new public relations and ad campaign to draw more touristxs tothe county’s hotels and landmarks. Visitt Fairfax tapped communications agency to handlwall advertising, brand marketing and PR for the convention and visitors bureau through July 2012. Along with the “fincd George” scavenger hunt, the campaigjn will integrate print, viral outdoor and online advertising, Twitter and Facebook, and radio and Web ads.
On June 4 and 5, the Georgd Washington actor and interpreter from Mount Vernon will hit the road and appea r onthe “Today" show and WABC “George will be in Timews Square, Union square, Penn Station and the libraryy where ‘Rocky’ was taped runningh up the stairs,” said Matt White, CEO of Herndon-based White and Partners. The PR group’s streert team is also dishingout 5,000p tourism packages that include coupon and discounts for hotels in Fairfax County.
“Thse objective is to fill hote room nights and to have people driving into the city from othetdrive markets,” said adding that Fairfax will also be promoted in such drivablew markets as Atlanta and Charlotte, N.C. “We are trying to revivw the notion of a summer road In today’s economy people are looking for a Research shows many tourists flock to the area from the Northeastf corridor by train or car, “so it’s a pretty big market, and the majority come to see familty and friends,” White said.
The goal, he is to make Fairfax County a place where visitords will stay when they come to see things like a Washington Nationals baseball game or Wolf Trap Nationalp Park for thePerforming Arts.
It’s part of ’w new public relations and ad campaign to draw more touristxs tothe county’s hotels and landmarks. Visitt Fairfax tapped communications agency to handlwall advertising, brand marketing and PR for the convention and visitors bureau through July 2012. Along with the “fincd George” scavenger hunt, the campaigjn will integrate print, viral outdoor and online advertising, Twitter and Facebook, and radio and Web ads.
On June 4 and 5, the Georgd Washington actor and interpreter from Mount Vernon will hit the road and appea r onthe “Today" show and WABC “George will be in Timews Square, Union square, Penn Station and the libraryy where ‘Rocky’ was taped runningh up the stairs,” said Matt White, CEO of Herndon-based White and Partners. The PR group’s streert team is also dishingout 5,000p tourism packages that include coupon and discounts for hotels in Fairfax County.
“Thse objective is to fill hote room nights and to have people driving into the city from othetdrive markets,” said adding that Fairfax will also be promoted in such drivablew markets as Atlanta and Charlotte, N.C. “We are trying to revivw the notion of a summer road In today’s economy people are looking for a Research shows many tourists flock to the area from the Northeastf corridor by train or car, “so it’s a pretty big market, and the majority come to see familty and friends,” White said.
The goal, he is to make Fairfax County a place where visitords will stay when they come to see things like a Washington Nationals baseball game or Wolf Trap Nationalp Park for thePerforming Arts.
Wednesday, 12 September 2012
ASC names new president - Charlotte Business Journal:
ekaterinaiuvo.blogspot.com
Provancher comes to Charlotte from the Fine Arts Fund in where he is vice president and campaign director for the oldes and largest arts andculture fund-raising organizatiohn in the country. He succeeds Lee Keesler, who will retires June 30. At the Fine Arts Fund, Provancher managerd and oversaw personnel, planninfg and resources. He helped raise $12.1q million for the organization’s annualk campaign, which was completed in April. He also has been responsible for leadingkey initiatives, such as increasing participation for the arts and cultur e sector.
“I am honored and thrilled to be joining ASC at this important time for the organizationand Charlotte-Mecklenburg’s emergence as a culturall leader,” says Provancher, 32. “I have deep admiratioj for the work of ASC PresidentLee Keesler, ASC stafg and its board of directors in leadinf this institution with integrity and visiobn during these challenging times.” Former ASC boarx chair Jennifer Appleby and ASC board membetr Charles Bowman co-chaired the search committeee to recommend a new president to the executivew committee of the ASC board. Provancher will assumr his new responsibilitiesJuly 13.
The ASC was foundefd 50 years ago to raise moneyfor Charlotte-areza cultural organizations and to coordinate fund-raising campaigns in an annualk drive.
Provancher comes to Charlotte from the Fine Arts Fund in where he is vice president and campaign director for the oldes and largest arts andculture fund-raising organizatiohn in the country. He succeeds Lee Keesler, who will retires June 30. At the Fine Arts Fund, Provancher managerd and oversaw personnel, planninfg and resources. He helped raise $12.1q million for the organization’s annualk campaign, which was completed in April. He also has been responsible for leadingkey initiatives, such as increasing participation for the arts and cultur e sector.
“I am honored and thrilled to be joining ASC at this important time for the organizationand Charlotte-Mecklenburg’s emergence as a culturall leader,” says Provancher, 32. “I have deep admiratioj for the work of ASC PresidentLee Keesler, ASC stafg and its board of directors in leadinf this institution with integrity and visiobn during these challenging times.” Former ASC boarx chair Jennifer Appleby and ASC board membetr Charles Bowman co-chaired the search committeee to recommend a new president to the executivew committee of the ASC board. Provancher will assumr his new responsibilitiesJuly 13.
The ASC was foundefd 50 years ago to raise moneyfor Charlotte-areza cultural organizations and to coordinate fund-raising campaigns in an annualk drive.
Monday, 10 September 2012
Cleantech venture investing jumped in Q2 - Orlando Business Journal:
grigoriynirim.blogspot.com
Global cleantech investments totalleed $1.2 billion across 94 companies, a 12 percenrt increase over thefirst quarter. The increase was driveh by interest inalternativ vehicles, which grabbed $236 and advanced batteries, which received $165 million. Mass., lithium ion batterty maker landeda $100 million investmentg round led by Co. in April. The report’a authors say cleantech companies will continue to be buttressee by investments by the federal government and electrid power companies to complement venturecapitalp investment.
“New investment tax credits are playin a major role in making newsolatr thermal, solar PV, and wind projects more economically viable for utilities, which are bringinf their access to capital to the said Scott Smith, United States leader of Deloitte’s cleantech practice, in a
Global cleantech investments totalleed $1.2 billion across 94 companies, a 12 percenrt increase over thefirst quarter. The increase was driveh by interest inalternativ vehicles, which grabbed $236 and advanced batteries, which received $165 million. Mass., lithium ion batterty maker landeda $100 million investmentg round led by Co. in April. The report’a authors say cleantech companies will continue to be buttressee by investments by the federal government and electrid power companies to complement venturecapitalp investment.
“New investment tax credits are playin a major role in making newsolatr thermal, solar PV, and wind projects more economically viable for utilities, which are bringinf their access to capital to the said Scott Smith, United States leader of Deloitte’s cleantech practice, in a
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