Greentech news for October

American car rental customers are failing to embrace electric cars because of fears that they will run out of power between charging stations. Hybrids however have been much more popular as they lack the “range anxiety” associated with electric cars more

DuPont Co beat analysts estimates of third quarter earnings thanks to higher sales of materials used to make solar panels. The electronics unit delivered a 67% increase in operating profit driven by the performance of films and metal pastes used in the production of solar panels more

The UK government aims to increase solar more than 700% by 2020. The government hopes that by working with companies the price of solar can be brought down to a similar level to fossil fuels more

Australia’s new prime minister Tony Abbott has vowed to close the profitable Australian Clean Energy Bank. The development bank helps green projects raise debt and equity has a loan portfolio of AUD $536 m earning an average of 7% more

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