Renewable Energy Focus
PV-Magazine - Oct 8
According to the latest figures, venture capital (VC) funding in the solar industry has plummeted in Q3 2012, leading it to become the first sub-$100 million quarter since 2008 for the industry. On a positive note, solar leasing is said to be strong.
Pike Research Blog - Oct 11
The U.S. military is taking an all-hands-on-deck approach to deploying cleantech for military applications (including facilities, vehicles, and soldier power). The application with the most firepower is medium-to-large-scale installations – up to 12 megawatts (MW) – at U.S. bases – with biomass, solar PV, wind, and geothermal expected to be the primary sources of renewable energy.
Bloomberg News - Oct 11
Solyndra LLC, the bankrupt solar- panel maker that received a $535 million U.S. government loan guarantee, accused Suntech Power Holdings Co. (STP) and other Chinese companies of running an illegal cartel that destroyed it. Solyndra, which sought bankruptcy protection in August 2011, is seeking compensation “for the loss of the $1.5 billion value of its business and more which defendants destroyed,” lawyers for the company said in a complaint filed last week in federal court in San Francisco.
Clean Technica - Oct 10
The U.S. has 2,400 hydropower dams, many of which sport out-of-date generating equipment that is, well, generations old. That’s the bad news. The good news is, it all adds up to the potential for a massive energy efficiency upgrade program that could significantly boost U.S. hydropower generation without the monumental expense and environmental disruption involved in new dam construction.
North Bay Business Journal - Oct 8
California Gov. Jerry Brown signed AB 2339 into law on Sept. 27, a bill designed to identify and eliminate legal and statutory impediments affecting the adoption and use of geothermal heat pump (GHP) and geothermal ground loop technologies.
North Bay Business Journal - Oct 8
Calpine is the largest operator of geothermal power plants at The Geysers, a 45-square-mile area in northern Sonoma County where ambient underground heat is close enough to the surface to generate steam from groundwater. Calpine produces enough power there to satisfy the needs of San Francisco, or 60 percent of the needs of the North Coast. Mike Rogers, senior vice president of Calpine Geothermal Operations, answers questions about geothermal power generation.
Notable Renewable Energy Projects and Deals
eSolar Energy News - Oct 10
Wells Fargo & Company announced last week it has provided project financing for an 11.3 megawatt (MW) solar project developed by Sun Edison LLC, a subsidiary of MEMC Electronic Materials. Located in southern New Mexico near El Paso, Texas, this is the sixth SunEdison utility scale solar project funded by Wells Fargo in the past year.
Recharge News - Oct 10
US solar panel maker SunPower has acquired a 42% stake in Australian renewables developer Diamond Energy. Diamond Energy currently operates two biogas plants and develops wind and solar projects. It also sells energy that it acquires via power-purchase agreements with third parties to residential and commercial customers.
Think Geo Energy News - Oct 9
The U.S. Bureau of Land Management (BLM), Carson City District, Stillwater Field Office, has completed the final Environmental Assessment and issued a Decision Record for the Ormat Nevada, Inc. Wild Rose Geothermal Project. The analyses included the construction and operation of an associated transmission line to bring electricity to market. The project is located in Gabbs Valley approximately 17 miles west of Gabbs, Nevada, in Mineral County.
Bloomberg News - Oct 9
The U.S. has approved the development of two wind-power projects in Wyoming that may generate as much as 3,000 megawatts, enough electricity for almost 1 million homes. The Bureau of Land Management authorized site-specific environmental analysis to begin at the Chokecherry and Sierra Madre projects in southeastern Wyoming.
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