According to new a new report from the Global Wind Energy Council (GWEC), as of 2008 the U.S. has become the world’s largest player in terms of total wind power installations. Source:Wind Installations Continue To Break Records Across the Globe
The goals of the President’s Green Jobs Plan are to create five million new jobs, repower America, slow global climate change and free America from dependence on imported oil. Now Bourne Energy has developed a series of renewable energy technologies based on hydropower, that will speed up the transition. Source:New Developments in Hydropower Can Supercharge [...]
Raser Technologies Inc. announced the signing of a line of credit agreement, pursuant to which Raser may borrow up to US $15 million. Raser signed the credit agreement with a syndicate of four lenders, including an entity controlled by the company’s chairman, Kraig Higginson. The company obtained the line of credit in order to provide [...]
I live in Michigan with my family. We have owned our own construction business for over 10 years now, but with the economy we have watched everything we built slip away and like many others, we now find ourselves at a crossroad that we cannot deny. Either we try to wait for better days, or [...]
Earlier this month, the City of Newark, Delaware became the first electric utility in the U.S. to use a car to store and provide power for the local electric grid. Source:Newark, Delaware Tests Vehicle-to-Grid Technology
The U.S. Department of Energy (DOE) announced on December 18, 2008, the award of new Indefinite Delivery Indefinite Quantity (IDIQ) Energy Savings Performance Contracts (ESPCs) to sixteen Energy Service Companies (ESCOs). These contracts could result in up to US $80 billion in energy efficiency, renewable energy and water conservation projects at federally-owned buildings and facilities. [...]
Financing conditions have changed so drastically, and quickly, in the U.S. during the past few months that renewable energy industry professionals may already be looking back at the recent years’ phenomenal growth rates with a sense of nostalgia. Whether it’s short-term bank lending or debt securities issuance, project or corporate finance, private placements or tax [...]
The National Center for Atmospheric Research (NCAR) has reached an agreement with Xcel Energy to provide highly detailed, localized weather forecasts to enable the utility to better integrate electricity generated from wind into the power grid. The forecasts will help operators make critical decisions about powering down traditional coal- and natural gas-fired plants when sufficient [...]
The U.S. House of Representatives may vote as early as next week on a stimulus package that could bring relief to the beleaguered American economy. Known as the American Recovery and Reinvestment Act of 2009, the bill (H.R. 598) contains provisions that could help bring stability to the renewable energy industry amid the tough economic [...]
Better Place announced a partnership with the government of Ontario to help bring an electric car network to the province and create a model for the adoption of electric cars in Canada. Ontario, which is one of North America’s largest car producing regions, is trying to transition its auto manufacturing sector for future growth from [...]
