renewable energy projects
Colorado – A Leader in Wind Energy
Colorado, with its high mountains and broad plains, has expansive wind resources. With an estimated six million acres of windy lands in Colorado, most of which are located on the eastern plains, Colorado ranks 11th in the United States in wind energy potential. To take advantage of its substantial renewable energy resources, Colorado has created a regulatory environment that makes it attractive to develop wind farms and other renewable energy projects within its borders.
CSP developer strategy: Clinching a deal with US utilities
CSP Today examines how CSP projects can gain the critical edge over other renewable energy projects vying to sign power purchase agreements with US utilities.
Banks want tax-free bonds to fund solar projects – The Hindu Business Line
Our Bureau Mumbai, Aug 25 Banks funding renewable energy projects will require long-term resources, for which they should be allowed to float tax-free solar bonds. Another risk with regard to financing such projects is that the technology could become obsolete very quickly, which could make the
Estimating Forward REC Price Curves
Almost all of today’s renewable energy projects rely on regulatory financial incentives in order to make investment returns sufficiently attractive. Some incentives, such as rebates and tax credits, have known monetary value and are therefore rather easily incorporated in financial pro formas. Other incentives, namely renewable energy certificates (commonly known as “RECs”) used for compliance with renewable portfolio standards (RPS), are inherently variable and therefore require exogenous methods to determine their value. Because RECs can be unbundled from the underlying renewable power and sold to utilities with renewable energy obligations, they are commodities subject to a variety of market forces that impact their value.
Renewable Energy News, August 23, 2010
Australia Steps Up Renewable Energy Efforts – NYTimes.com
Australia has plans to build the biggest wind farm in the southern hemisphere by 2013, part of its scramble to fight climate change and harness its abundance of clean energy sources — wind, solar, waves, geothermal energy and bioenergy.Renewable energy now supplies just 6 percent of power in Australia because the country has historically lacked the political and commercial will to pursue big renewable energy projects. And the very sources of Australia’s clean energy — its vast outback and nearly 60,000 kilometers, or 37,000 miles, of coast — are major obstacles to linking new, remote power sources into the grid.
Clean energy laws, utility costs make New Jersey a solar hotbed
New Jersey is the hottest place in the United States for solar energy these days, and it is not because it is so sunny. The Garden State’s progressive clean energy laws and high electricity costs make it the best place to install solar power because systems can pay for themselves in less than five years — faster than any state in the nation.
Governor Baldacci touts renewable power in Maine
Maine Gov. John Baldacci says the state is moving in the right direction with tidal and wind power development.Baldacci used his weekly radio address to tout the success of Ocean Renewable Power Co., which last week reported that its underwater turbine generator is producing grid-compatible electricity in Cobscook Bay. The company hopes to connect to the grid next year.
San Jose Credit Union: First-of-its-Kind Organizational Solar ‘Group Buy’ Program Established
Members of the San Jose Credit Union, who are also City of San Jose employees and retirees, can now go solar more efficiently and cost effectively thanks to an innovative group buy program that is the first of its kind in the U.S. The San Jose Employee Solar Group Buy program is the result of a partnership between the San Jose Credit Union and San Jose’s Solar America City Program. A group of 130 City employees and retirees negotiated the group buy, which allows them to purchase residential solar electric and solar thermal systems at a reduced cost.
Portugal’s clean-energy makeover; An aggressive switch to renewable resources has been successful – Hamilton Spectator
Five years ago, the leaders of this sun-scorched, windswept nation made a bet: To reduce Portugal’s dependence on imported fossil fuels, they embarked on an array of ambitious renewable energy projects — primarily harnessing the country’s wind and hydropower, but also its sunlight and ocean
New law boosts two solar projects; Credit eligibility will aid funding; SALISBURY – The Boston Globe
The state’s adoption of an economic development law has provided a
major boost to two renewable energy projects in Salisbury. The legislation, signed into law by Governor Deval Patrick on Aug. 5,
includes a provision increasing from two to six megawatts the maximum size at
which a solar project is
Renewable Energy News, August 17, 2010
For Lean Budgets, a Plug-and-Play Solar Array – Green Blog – NYTimes.com
For eco-conscious homeowners who have considered a solar system for their rooftops but have found the cost and complexity daunting, Clarian Power thinks it has an idea.The Seattle-based clean tech start-up is developing a “plug-and-play” solar appliance called the Sunfish that will generate clean solar electricity for the home. “You bring it home and plug it in, just like a refrigerator, and it will cost about the same,” said the company’s president, Chad Maglaque.
New England grid chief: Cooperate on wind power
A cooperative approach among New England states holds the best hope for meeting the region’s renewable energy goals by giving states additional clout and spreading the risk of expensive projects, the top official from the regional power grid operator said Monday.A report by the New England States Committee on Electricity last month encouraged the six states — Maine, New Hampshire, Vermont, Massachusetts, Rhode Island and Connecticut — to work together to select projects and line up bidders.
West Coast Leads Nation in Third-Quarter Renewable Project Starts
The West Coast is leading the nation in the value and amount of renewable energy construction starts in the third quarter of 2009. The West Coast market region, which includes the states of California, Washington and Oregon, as well as Hawaii, has 13 renewable energy projects worth a total of $4.4 billion that are planned to kick off construction this quarter. In terms of value, the Great Lakes region follows with $1.3 billion of planned renewable energy, while the Southwest region rounds out the top three U.S. regions with $1.2 billion of renewable energy projects set to kick off this quarter.
German rail begins carbon-neutral freight transport
German rail operator Deutsche Bahn (DB) recently announced car manufacturer Audi had become its first carbon-free freight customer.The company’s logistics subsidiary DB Schenker will transport some 150,000 vehicles a year – loaded on a total of 625 trains – along a route between Ingolstadt and Emden, using electricity generated by renewable sources.
The carbon-free service is the latest of a clutch of new products being offered by DB, including passenger rail carbon offsets, which are currently used by 59 companies for business travel, as well as carbon offsets for the entire Hamburg commuter rail system.
Kratos awarded $5m contract to increase use of renewable power by US military
A California-based company that provides mission critical solutions for defence body US National Security, Kratos Defense & Security Solutions, has entered into a $5m contract to increase the renewable energy generation capacity of certain military power systems.The company said it will use its proprietary technology and development initiatives in which it has increased the efficiency of its renewable energy products to support military communications and other applications.
Mich. firm proposes wind farm near Ogallala, Neb.
A Michigan company has announced its wishes to build a $20 million, 10-megawatt wind farm southeast of Ogallala.Area officials rallied around the proposal from Bad Axe, Mich.-based Green Oak Renewables on Monday.
Nebraska Public Power District has asked for proposals to build a renewable energy project in the state that the district would buy energy from, and Green Oak is the first to publicly announce its plans to submit a proposal.
Grant focuses on renewable energy | CJOnline.com
Three Kansas groups will use a $3 million federal grant to test a renewable energy program across the state.The U.S. Department of Energy awarded the grant Monday to Riley County, Kansas State University and GBA Architects & Engineers of Lenexa.
Riley County Public Works Assistant Director Rod Meredith says $1.3 million will be used to build renewable energy products such as wind turbines, solar-powered street lights and a waste-oil heater.
The Deal: NRCO Facilitates Renewable PPAs
This past spring, the National Renewables Cooperative Organization–a recently formed entity owned by 24 power supply and distribution cooperatives–facilitated and negotiated agreements between two member cooperatives and E.ON Climate & Renewables North America. The arrangement represents the first of as many as five planned renewable energy projects for NRCO and its member cooperatives in 2010.
ADB Plans $1B in Asian Renewables Investment
The Asian Development Bank has said it will invest another $1 billion in renewable energy projects and private equity funds devoted to cleantech around the region. The ADB has been a strong backer of clean energy in recent years, investing over $10 billion in the sector.
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