At a time when water conservation is high profile because of California’s nearly five-year drought, a company that provides more efficient irrigation systems for farmers is important. Hortau provides such systems and has been doing so for over a decade.
(3BL Media/Justmeans) – The landmark climate agreement reached at the Paris summit in December 2015 between 196 countries was the culmination of a series of commitments made by governments, corporations and nonprofits to work toward the green transition of the world economy.
(3BL Media/Justmeans) – Employee ownership business models have increasingly attracted attention since the financial crisis of 2008 when corporate governance came to be recognized as a critical element to a company’s long-term survival. In the UK, the number of employee-owned companies has been rising at an annual rate of 10 percent; the U.S. is not too far behind with an annual growth rate of six percent.
(3BL Media/JustMeans) Water and food are two essential things that humans need to survive. The world’s population is currently seven bilion and is projected to be nine billion. Having enough food and water for that many people is a daunting task and will require business solutions. One business is up to the task.
(3BL Media/Jusmeans) - Just when it seemed like solar was going gangbusters, with double-digit growth rates, studies showing that states could produce anywhere from 25-45% of their power from the sun, and overall growth in the five years starting 2010 of 418%, we get this news that SunEdision, one of the largest American producers, has gone bankrupt. Does this indicate that the solar boom is coming to a screeching halt? Or is this the story of one particular company whose fortunes have crashed and burned due to specific circumstances?
That question was answered right out of the gate in Jenny Chase’s post on Bloomberg New Energy Finance. “SunEdison’s bankruptcy says more about the company’s strategic decisions than about the solar industry as a whole.” She assures us that companies like SunPower and First Solar are doing just fine.
“What has distinguished SunEdison,” says Chase, “has been the relentless and unfocused pursuit of growth, in which it has invested vast amounts of borrowed money.” In short, the company took a lot of risks, with borrowed money, and not enough of them paid off.
In the world of big projects and high finance, timing is critical. Some of projects SunEdison invested in were not bad risks, per se. They just took a little too long to come to fruition. Others, like attempting to enter China in 2014 when six of the top ten producers in the world are Chinese, were probably unwise.
The company spent $3.1 billion on a two-year acquisition spree. By the time they declared bankruptcy, they were $16 billion in debt.
Interview with Ira Chaleff, International Leadership Association's Followership Learning Community
(3BL Media/Justmeans) – This is a pivotal moment for companies looking to accelerate their adoption of renewable energy. The steady drop in the prices of renewablesmeans that corporate sustainability in energy can bring financial benefits as well. Relying on renewable sources ensures that companies can worry less about the energy price volatility that the fossil fuel markets can create.