France Announces Massive Investment in Cleantech

Tuesday, August 24th, 2010

The French government recently announced a large investment program for renewables and green chemistry. The investment, totaling 1.35 billion euros ($1.75 billion) will be allocated over the next four years.

Named “ Démonstrateurs énergies renouvelables et chimie verte ” – or renewable energy and green chemistry demonstration – this program plans to allocate 450 million euros in subsidies and 900 million euros in (more…)

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Nuclear vs Solar: Clash of the Numbers

Monday, August 23rd, 2010

A very interesting and controversial study emerged recently, comparing nuclear and solar costs no less.

The study, “Solar and Nuclear Costs – The Historic Crossover“, was prepared by John O. Blackburn and Sam Cunningham for NC Warn, a climate change nonprofit watchdog. The paper, focused on the costs of electricity in North Carolina (US), describes the (more…)

Standardizing Solar Quotes

Monday, August 23rd, 2010

This year at the Intersolar conference, we had the pleasure of having lunch with Guy Snow, a seasoned installer from Las Vegas. As an installer, he works directly with homeowners and, therefore, has a good understanding of where the general public stands on solar education. We talked about what he sees as the major knowledge gaps for homeowners and what (more…)

Vestas Wind-Power Giant Builds $66 Million Headquarters in Portland

Monday, August 23rd, 2010

Oregon is fast becoming the North American green tech hub. SolarWorld already operates the continent’s largest solar manufacturing plant just west of Portland, Nano solar cell maker Solexant recently announced plans for a manufacturing plant east of the city, and now Vestas, one of the world’s largest wind turbine manufacturers, has chosen the (more…)

New Jersey to Take Lead in Offshore Wind Energy?

Monday, August 23rd, 2010

New Jersey passes law to encourage the development of 1,100 megawatts of new offshore wind energy capacity.

As the proposed Cape Wind offshore wind farm in Massachusetts fends off some last ditch legal challenges to become the first offshore wind farm in the U.S., New Jersey passed a law last week that would (more…)

Reducing Energy Costs While Creating Green Jobs

Sunday, August 22nd, 2010

The Recovery Act is making a long-term impact on American families and communities by reducing energy costs, creating green jobs and improving the quality of life for people across the country. That’s why last Thursday, I was proud to announce a major Recovery Act milestone for HUD and the Administration. Through HUD’s Green Retrofit Program for (more…)

Renewable Energy Use in Europe Continues to Grow Rapidly

Sunday, August 22nd, 2010

The use of renewable sources of energy in Europe continues to grow at a brisk pace and energy efficiency also is improving, significantly reducing reliance on coal and natural gas, according to a new report. In
2009, renewable energy accounted for 18.4 percent of the European Union’s primary energy production, an increase of 8.3 percent from 2008, according to a (more…)

Russian Heat Wave Dents Hopes of Climate “Winners”

Friday, August 20th, 2010

(Reuters) – Russia’s summer heat wave has dimmed prospects that northern countries will “win” from climate change thanks to factors such as longer crop-growing seasons or fewer deaths from winter cold, experts say.

Canada, Nordic countries and Russia have been portrayed as among a lucky few chilly (more…)

Northeast US a Smart Energy Testing Ground

Friday, August 20th, 2010

Ben Franklin’s saying, “Out of adversity comes opportunity” seems to characterize the energy sector in US Northeast. Electricity rates are among the nation’s highest. Population density leaves scant room for new power plants and transmission lines. And the region has little indigenous generation fuel.

So what’s the good news? (more…)

Blackstone Invests $300 Million in One of India’s Leading Solar PV Companies

Friday, August 20th, 2010

US private equity firm Blackstone has decided to invest $300 million in one of the leading solar PV companies in India, Moser Baer (Private) Limited.

Moser Baer (NSE: MOSERBAER) has a diversified portfolio ranging from manufacturing of computer peripherals to fabrications of solar panels. While their (more…)

 
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