RSS XML Feed
News
Renewable Energy News
- VC Investment in Green Tech Up to US $1.2B in Q2
Greentech Media Inc. this week released quarterly data showing that venture capital investment in green technologies totaled US $1.2 billion in 85 deals in the second quarter of 2009. This is up from $836 million in 59 deals in the first quarter of 2009.
- Riverstone Acquires Babcock & Brown's North American Wind Holdings
Riverstone Holdings LLC and the management team of Babcock & Brown's North American Energy Group confirmed the purchase of the wind development portfolio from Babcock & Brown LP to form Pattern Energy Group LP. Pattern Energy will be an independent, fully integrated energy company that develops, constructs, owns and operates renewable energy and transmission assets across North America and parts of Latin America.
- DOE Offers US $43M Loan Guarantee to Beacon Power
Beacon Power Corporation has received a conditional commitment from the U.S. Department of Energy (DOE) for a loan guarantee of approximately US $43 million. The DOE's offer outlines terms for a loan that would finance more than 60% of Beacon's planned 20-megawatt (MW) flywheel-based energy storage plant to be located in Stephentown, New York. The plant, which will provide frequency regulation services, will help stabilize and enhance the performance of the grid.
- Yingli To Supply SDIC Huajing with 10 MW of Solar PV Panels
Yingli Green Energy Holding Company Limited has been selected by SDIC Huajing Power Holding Co. Ltd., a subsidiary of the State Development and Investment Corp. (SDIC), to supply solar photovoltaic (PV) modules for a 10-megawatt (MW) on-grid solar plant in Dunhuang, Gansu Province.
- New Gamesa Prototype Unveiled
Gamesa Corporación Tecnológica has revealed the first prototype of its G10x - 4.5 MW product platform at the Cabezo Negro R&D wind farm located in the Jaulín local authority in the Spanish province of Saragossa.
- Nominations Open for Lifetime Leadership Awards
People who know worthy nominees for the Building Efficiency Lifetime Leadership (BELL) award are encouraged to visit http://bit.ly/BELLdoc to review the nomination criteria and download the award nomination form.
- PVResources publishes Extended Version of global PV Market Review
PVResources releases the Extended Version (100 pages) of its global market review on large-scale photovoltaic power plants. The pdf file on CD is now available for purchase.
- Video: Marketing Solar Energy to the Public Remains a Challenge
As the solar industry grows, marketing and public outreach are set to become a larger part of the day-to-day operations of installers, integrators, manufacturers and trade associations. Solar Energy Industries Association president Rhone Resch identified it as a major hurdle moving forward.
- Ox Mountain Landfill Gas Project Begins Operation
One of the San Francisco Bay Area's largest renewable energy projects, a landfill gas-to-energy station at Republic Services' Ox Mountain Landfill in Half Moon Bay, began operation this week. Owned and operated by a subsidiary of Ameresco Inc., the landfill gas to energy plant will supply enough renewable energy to customers in Alameda and Palo Alto.
- Perpetual Power Completes 1-MW Solar-Powered Water Pumping Systems
Mitsubishi Electric & Electronics USA Inc. and Perpetual Power (P2) have completed the installation of four solar-powered deep water wells at Limoneira Company's Ducor Ranch in California. The four 250-kilowatt (kW) solar arrays that make up the proejct include single-axis tracking systems which are expected increase power output of each array by 15%.
- Nacel Energy To Build 20-MW Texas Wind Project
Nacel Energy Corporation has entered into four long term wind development rights agreements covering 1025 acres in Donley County, Texas. The rights include access to the area where the company plans to develop Leila Lakes, its fifth wind energy project in the state. At project build-out, Nacel Energy anticipates 20 megawatts (MW), or more, of installed capacity at Leila Lakes.
- Solar Liberty To Install 1.1-MW System in Buffalo
New York Power Authority (NYPA) president and CEO Richard Kessel said that he will be seeking approval of a US $7.5 million contract for the installation of a 1.1-megawatt (MW) solar photovoltaic (PV) system at the University at Buffalo (UB). According to the plan, the bulk of the work to be undertaken by Western New York firm Solar Liberty.
- Federal Efforts a Travesty
"'We've ensured a role for coal," said Rick Boucher, Democratic Congressman from West Virginia, regarding the federal climate change "mitigation" bill that recently passed the House. I'm forced to use quotation marks around "mitigation" because this "deal with the devil," as Ted Nordhaus, of the Breakthrough Institute, described it, confirmed my worst suspicions: even under a progressive and popular President the chance of an effective federal climate change mitigation bill passing through Congress is minimal to none.