In the midst of the Copenhagen negotiations last week, the White House announced a proposal to give a huge increase in tax breaks to manufacturers who produce wind, solar, geothermal, or other clean energy technologies. The goal of the tax breaks is to stimulate more job growth and promote … [continued]
The London Array, the world’s largest wind farm now being installed in the Thames Estuary, is taking another major step closer to completion. The project has just signed a 100 million euro contract with global cable leader Nexans to supply the high voltage undersea power cables that will transmit power … [continued]
The World Wildlife Fund (WWF) just released a comprehensive global report, and the first country by country ranking, of clean energy technology sales. [social_buttons] The clean energy sector is on the verge of becoming the third largest sector in the world now. The report — Clean Economy, Living Planet – … [continued]
Hudson Clean Energy Partners (HCEP) set a $1 billion target for its first fund, a new clean energy investment fund, and just announced this week that it has reached its target despite the difficult economic conditions worldwide. Led by two industry veterans with much individual success, HCEP is looking … [continued]
A new comprehensive study — The Impact of Wind Power Projects on Residential Property Values in the United States: A Multi-Site Hedonic Analysis — conclusively shows that property values are not harmed by wind turbines and wind power facilities. The study, conducted by Lawrence Berkely National Laboratory shows that neither … [continued]
Utilities got a boost last year, when the new investment tax credits from the federal government were extended to allow public utilities to qualify for the full credit, to help utilities invest in renewable power. Since utilities must get more renewable power onto the grid (in all of the states … [continued]
In one of the renewable energy sector’s largest IPO’s ever, China’s Longyuan Power Group Corp, Asia’s largest wind power generator is raising money in a share offering this month that is expected to raise $2.2 billion, with trading scheduled to begin on Dec. 10. [social_buttons] Who’s buying? Billionaire Wilbur L. Ross … [continued]
The US is falling behind in the clean energy race, Steven Chu told a Clemson University symposium, while visiting South Carolina on Monday. The University has just won a Department of Energy grant for wind testing at a world-class level, and will be testing wind turbines larger than ever before … [continued]
A new initiative by New York City, the Natural Resources Defense Council (NRDC) and the Alliance for Clean Energy New York (ACENY) is making it possible for residents of New York to buy Renewable Energy Certificates (RECs) through three easy steps on a simple, new website. The website is called … [continued]
The largest working hydro-electric wave energy device was launched by Queen’s University Belfast, Aquamarine Power Ltd. and the Scottish government recently, bringing the global wave energy industry one major move forward. The device is called Oyster. It is the only hydro-electric wave energy device producing power in the world, according … [continued]
