Renewable Energy Update - September 21, 2011

In This Issue:

U.S. grants $60M for geothermal, IGCC and electric vehicles ; RENEWABLE ENERGY FOCUS - Proposed federal bill would require audit of renewable energy loans. California legislature drops surcharge for energy research; California adopts $100M clean transport investment plan; California bill favors solar panels; thermal left out in cold; Abengoa completes $1.2B in solar financing; Planned solar project outside Mexicali would supply U.S. and Mexico; Solar Trust tries to allay fears stoked by delays; Calisolar cutting 80 jobs at California plant; California's struggle to add solar to new homes; Western Area Power administration commits to Arizona renewable transmission project; Southern California to be served; California company plans 990MW wind farm in Nevada; Two grants awarded to University of California to help turn waste into green fuel; Analysis examines whether LEED is a feasible investment for industrial facilities; NOTABLE RENEWABLE ENERGY PROJECTS AND DEALS - TECO Westinghouse approves Probe Manufacturing to build cable assemblies for wind turbine program and Alphabet Energy raises $12M in Series A financing led by TPG Biotech.

U.S. grants $60M for geothermal, IGCC and electric vehicles

EcoSeed - Sep 12

The U.S. DOE will provide grants to develop clean energy technologies -- up to $38 million for geothermal; $14 million for integrated gasification combined cycle (IGCC); and $8.5 million for electric vehicles. Energy Secretary Steven Chu said up to $38 million will be given over a three-year period to 32 projects in 14 states, $14 million for six projects, and $8.5 million to 16 projects in 24 states over a one-year period. Three California-based companies will receive geothermal funding, while one will receive IGCC funding.

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