Renewable Energy Update - July 28, 2009

IN THIS UPDATE:

*Senate Democrats wrestle over carbon market rules, oversight in climate bill

*Renewable Energy Focus

..More than $57M in Recovery Act Funding announced to advance Smart Grid

*IREC issues annual solar report

*Renewable energy accounts for 13% of U.S. electricity by April 2009

*Business aims to provide nationwide network for solar projects

*Next generation of solar dishes use less steel

*Sacramento utility to launch feed-in tariff

*Notable Renewable Energy Projects and Deals

..PG&E's 'ClimateSmart' program makes largest purchase of greenhouse gas emissions

..enXco signs power purchase agreement with IPL for Minnesota wind project

..Terra-Gen Power secures $115M in wind financing

..Edison, Chevron plan solar projects at both ends of High Desert

..Solaren targets space solar

Please see full update for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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