Renewable Energy Update - May 4, 2010

In this Issue:

*U.S. lawmakers propose boost to clean energy exports

*Renewable Energy Focus

..Regulators approve first offshore wind farm in U.S

*Grid firm offers hour-by-hour view of California's clean energy

*Record rate of solar adoption trims rebates for California solar consumers

*U.S. wind energy industry installs 530 MW in 1Q

*Oil spill may shift climate bill strategy

*FERC inquiry weighs whether grid rules discriminate against wind power

*Global renewable energy up 250% in Q1

*Mayor's green-energy goals could be in jeopardy after electric rate battle

*Notable Renewable Energy Projects and Deals

..SunPower adds 40 MW capacity to California Valley Solar Ranch for PG&E

*First Solar to acquire NextLight for $245 million

*Recovery Act funding announced for 37 ARPA-E energy research projects

Please see full article below 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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