Renewable Energy Update - May 12, 2009

IN THIS ISSUE:

*Obama Budget Would Increase Funding for Renewable Energy

*Renewable Energy Focus

..California Energy Commission Applies for $226 Million in Stimulus Funding for Renewable Energy

*Cities Look to New Models to Finance Residential Solar Installations

*Renewable Energy Price Increase Fears Overblown

*Senate Draft Plan Would Make Interior Department Lead Agency for High Priority Transmission Lines

*Indian Reservations Prime for Renewable Energy

*Poll Shows Bipartisan Support for Renewable Electricity Standard

*Notable renewable energy projects and deals..

..DOE Selects 53 New Wind Projects for up to $8.5 million in Funding

..San Francisco Approves Major Solar Project

..BT's North American Headquarters Goes Solar

..Vestas Wind Systems A/S Proceeds with $1-billion U.S. Expansion

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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