Friday, August 21, 2009

EU to Best Wind Energy Capacity in 2009

The European Wind Energy Association (EWEA) estimates that 8.6 gigawatts (GW) of new wind energy capacity will be installed in 2009, representing an annual growth rate of 1% compared to 2008 installations...more

Student Wins Prize for ‘Generating Energy From Rain Drops’

An 18-year-old Turkish student, Ceren Burçak Dag has won the Stockholm Junior Water Prize with innovative method of generating energy from rain drops..more

First Solar Announces Major Photovoltaic Deals

First solar has signed major agreements to build 550MW and 55MW solar power projects with Southern California Edison (SCE) and Los Angeles Department of Water and Power (LADWP), respectively...more

China's Huawei to Supply First Solar-powered BTS in Bangladesh

Huawei has announced its selection by Grameenphone (GP), a subsidiary of Telenor, to deploy first solar-powered base transceiver stations (BTS) in Bangladesh...more

IAEA Notes Increased Interest in Energy Options

The International Atomic Energy Agency (IAEA) has published its 2008 annual report, which highlights increased interest in the Agency’s activities including analyzing energy options...more

Tuesday, August 18, 2009

Acumen Fund Announces 2010 Fellows

Acumen Fund Fellows program cultivates next generation of global leaders, matches young professionals with social enterprises solving problems of poverty in south Asia and Africa.

Solar Millennium and MAN Ferrostaal Launch Joint Venture

Solar Millennium AG enters a joint venture, controlling interest in Solar Trust of America, LLC, a newly formed integrated industrial solar solutions company with MAN Ferrostaal Inc.

ADB Grants $3M for Clean Energy to the Pacific

The Asian Development Bank (ADB) Board of Directors has approved a technical assistance grant to help design and deliver renewable energy products to the Pacific region.

Renewable Ventures Completes $200M Solar Investment

Renewable Ventures, a Fotowatio company, has announced completion of Solar Fund V to finance more than $200 million of new solar energy projects across the United States.

IDB Approves $800 Million for Hydropower in Venezuela

The Inter-American Development Bank has approved $800 million supplementary loan to Venezuela for a hydropower project.
On completion, the hydropower plant will have an installed capacity of 2,160 megawatts, and will begin operating on a staggered basis between 2012 and 2014.

McKinsey: U.S. to Save $1.2T by Investing in Energy Efficiency

McKinsey & Company has issued a report detailing how investment in energy efficiency technologies in the U.S. economy would result in huge savings in energy consumption by roughly 23 percent by 2020.

Coca-Cola Enterprises Sets Carbon Goal, Releases CRS Report

Coca-Cola Enterprises has announced a new goal to reduce carbon footprint by 15 percent by 2020 as part of its five strategic Corporate Responsibility and Sustainability (CRS) focus areas.

Australia Grants A$21.5 Million to ADB’s Carbon Fund

The Asian Development Bank and the Government of Australia have signed a A$21.5 million (US$ 17.7 million) grant to support carbon capture and storage efforts in Asian countries. The trust fund was granted through Australia’s Global Carbon Capture and Storage Institute (Global CCS Institute).

Johnson & Johnson Releases 2008 Sustainability Report

Johnson & Johnson (J&J) has announced its sixth 2008 Sustainability Report and the 12th year of reporting on environmental progress.

Venture to Build Largest Solar Plant in France

First Solar, Inc. and EDF Energies Nouvelles (EDF EN) have announced a joint venture to build the largest solar panel manufacturing plant in France.

Hyundai to Invest $3.3 Billion in Green Cars

Hyundai plans to invest huge amounts of money into research and development of green cars, such as hybrid, plug-in and hydrogen powered cars.