Wind Credit Dealt Blow by Congress
After a deal to renew a tax credit failed, the wind power industry is bracing for layoffs and stalled or abandoned projects.
After a deal to renew a tax credit failed, the wind power industry is bracing for layoffs and stalled or abandoned projects.
Emerging Energy Research examines California’s renewable portfolio standard which is expected to comprise over 25% of the U.S. market for renewables.
The Obama administration said it plans to make coastal areas available to wind energy developers by the end of the year.
Ener1 is the third Energy-Department-backed company to file for bankruptcy, after solar panel maker Solyndra and energy storage firm Beacon Power. However, its filing will enable it...
China, Britain, Germany and India are planning to phase out clean energy subsidies. Spain, however, abruptly halted its subsidies for new projects last month to the chagrin of the...
Clean Tech venture funding rose 4.5% to $4.9B in ’11 and was flat in terms of the number of deals, according to an E&Y analysis. The article ranks industry segments receiving investment and highlights corporate activity and partnerships being created across segments to boost development and increase ROI.
Renewable energy deal value rose 40% to $53.5B in 2011 with big deals (>$1B) becoming more common in the wind, solar and biomass segments. Solar and energy efficiency deals nearly doubled year-on-year. Entry of pension and insurance funds show the industry is maturing, and overcapacity and consolidation could make for a tough industry deal environment in ‘12.
Berkeley, Calif.-based Bio Architecture Lab Inc., a company that transforms seaweed into biofuels, will open a pilot plant in Chile.
The U.S. government arranged the most financing for clean energy projects in 2011.
A new DOE report says that waves off California’s 1,100-mile coastline could generate more than 140 terawatt hours of electricity a year, enough to power 14 million homes.