Japan

CIS thin-film developer Solar Frontier – a wholly owned subsidiary of Showa Shell Sekiyu K.K. (TYO:5002) – has announced a partnership with IBM (NYSE: IBM) to develop CZTS (copper, zinc, tin, sulfur and selenium) thin-films for the solar photovoltaic (PV) industry.

Energy consulting firm IHS Inc. (NYSE: IHS) issued a report this week saying 1.8 gigawatts (GW) of ocean wave and tidal energy projects are in “the pipeline”. For investors wanting to participate, there is only one publicly traded pure-play company in this business: Ocean Power Technologies, Inc. (NASDAQ: OPTT).

The tiny Canadian jurisdiction of Prince Edward Island (PEI) is a good case study on the challenges facing many governments trying to attract renewable energy investors.

Two years ago the PEI government made the bold pledge that by 2013 they would have 500 MW of installed wind turbines - an increase of 270%.

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