Renewable Energy Update - September 6, 2011

In This Issue:

Biden calls for new clean energy policy for U.S.; RENEWABLE ENERGY FOCUS Gov. Brown seeks to extend California energy surcharge; RETECH 2011; NextEra upgrades Altamont wind farm for birds; California finalizes unique renewables auction program; Ivanpah solar plant closer to completion; U.S. saw $1.9B in net exports of solar energy in 2010; Solar startup Solyndra files for bankruptcy; Governors urge White House to extend supportive policies for wind industry; California home solar system prices fall slightly; August was a big month for California's SunPower; Solar Millennium seeking a minority stake sale, bank loan to grow; Falling prices has solar companies looking for consolidation; Gov. Brown signs renewable energy legislation that could mean jobs; California, Colorado homes offered no-money-down solar power; California city to become one of world's first 'Net Zero Cities' aided by Beautiful Earth Group; Work starts on first hybrid power plant in Nevada; NOTABLE RENEWABLE ENERGY PrOJECTS AND DEALS Gradient breaks ground on Nevada geothermal project; PPA signed with Sacramento Municipal Utility District; NextEra agrees to sell four gas plants to LS Power for $1.05B; and Ram Power terminates geothermal PPA with SCE.

Biden calls for new clean energy policy for U.S.

Associated Press - Aug 30

Vice-President Joe Biden, speaking at a clean energy summit in Las Vegas, told alternative technology supporters that the U.S. needs to change its clean energy policy to be a leader. Biden said that if policies don't change, the country will trade its dependence on foreign oil for a dependence on foreign clean energy technology. Biden said the future will demand cities that produce all the energy they consume; battery-powered cars able to travel great distances and bacteria that converts sunlight directly into fuel, among other innovations.

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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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