A new debate is picking up within the clean energy industry: Is the sector facing a crisis? Or is it still on an upward curve? The bankruptcy of Solyndra and the political wrangling over the Department of Energy’s loan guarantee program have heightened the debate, causing people to ask if … [continued]
Say what?
285 top investors who represent $20 trillion in assets pushed leaders of the world to take urgent climate change and clean energy action in a letter last week.
Offshore wind power has yet to get off the ground – or in the water – in the US. That’s despite the tremendous potential offshore wind holds in terms of supplying huge amounts of clean, renewable electricity to highly populated areas all along the US East and West coasts. Conditions are changing, however. Pike Research forecasts that US offshore wind power revenue will grow 56% annually over the next 6 years.
Ohio’s commercial-scale wind farm went live today. EDP Renewables North America’s $175 million, 99-megawatt (MW) Timber Road II Wind Farm will supply electricity to more than 27,000 homes when operational. In addition to generating affordable clean, renewable power from a plentiful natural resource, Timber Road II has produced jobs, income for more than 100 landowners and tax revenue for the local government. More than 60% of the products used to build the wind farm were manufactured in the US.
Check out this “World Energy Report” and my thoughts on some of the issues represented here…
California’s Silicon Valley is known for launching the Internet revolution, but the region has also become the epicenter of America’s clean tech industry. Billions of dollars in venture capital funding to energy-related companies has helped the region weather the economic downturn by growing green jobs 109 percent over the last decade.
energyNOW! correspondent Lee Patrick Sullivan visited Silicon Valley to find out how the region’s shift toward clean energy is empowering tech-savvy workers and entrepreneurs to take charge of America’s energy future.
Some more clean (& dirty) tech policy and politics stories from the last week….
Clean energy is a job creator. If anyone says otherwise (or says that limiting fossil fuel pollution kills jobs), they are either smoking some serious crack or are members of the polluter-funded Tea Party (or both).
What’s one sign that you are a clean tech leader? You get General Electric (GE) investing $2 billion in clean tech innovation and services in your country. China is going to be the “lucky” recipient of such investment, it was announced this week. $500 million is going towards clean tech … [continued]
The French government announced a huge investment package for renewable energy last week, totaling €1.35 billion ($1.73 billion). The money is to be invested over the next 4 years.
