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Department of Energy Issues Loan Guarantee Solicitations for Energy Efficiency, Renewable Energy, Advanced Transmission and Distribution Technologies and Transmission and Infrastructure Investment

Submitted on Tags September 15th, 2009 by Hamilton Hackney
Posted in Tags Clean Energy
Original news source: http://www.gtlaw.com/NewsEvents/Publications/Alerts?find=119012

The Department of Energy has issued several important documents in furtherance of its Loan Guarantee Program. This Alert discusses the “Renewable Solicitation,” which proposes to provide funding for loan guarantees for projects that employ innovative energy efficiency, renewable energy and advanced transmission and distribution technologies.

Read the full article at http://www.gtlaw.com/NewsEvents/Publications/Alerts?find=119012

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With Push Toward Renewable Energy, California Sets Pace for Solar Power

Submitted on Tags July 16th, 2009 by Steven
Posted in Tags Clean Energy
Original news source: http://www.nytimes.com/2009/07/16/science/earth/16solar.html?em

SAN FRANCISCO — A decade ago, only 500 rooftops in California boasted solar panels that harvest the sun’s energy. Today, there are nearly 50,000 solar-panel installations in the state, according to a report to be issued Thursday by the research and lobbying group Environment California.

Read the full article at http://www.nytimes.com/2009/07/16/science/earth/16solar.html?em

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Asian Nations Could Outpace U.S. in Developing Clean Energy

President Obama has often described his push to fund “clean” energy technology as key to America’s drive for international competitiveness as well as a way to combat climate change.

Read the full article at http://www.washingtonpost.com/wp-dyn/content/article/2009/07/15/AR2009071503731.html

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Debate on Clean Energy Leads to Regional Divide

Submitted on Tags July 16th, 2009 by Derek
Posted in Tags Clean Energy
Original news source: http://mobile.nytimes.com/2009/07/14/science/earth/14grid.xml

WASHINGTON – While most lawmakers accept that more renewable energy is needed on the nation’s grid, the debate over the giant climate-change and energy bill now before Congress is exposing a fundamental rift. For many players, the energy not only has to be clean and free of carbon-dioxide emissions, it also has to be generated nearby.

Read the full article at http://mobile.nytimes.com/2009/07/14/science/earth/14grid.xml

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IRS Guidance on Cash Grants for Renewable Energy Property Tax Credits

Submitted on Tags July 13th, 2009 by Hamilton Hackney
Posted in Tags Finance
Original news source: http://www.gtlaw.com/NewsEvents/Publications/Alerts?find=118540

The U.S. Department of Treasury has issued a guidance document regarding the cash in lieu of tax credits program in the American Recovery and Reinvestment Act of 2009. This is a summary of the much anticipated guidance and how the cash grant system works for qualifying expenditures on renewable energy property.

Read the full article at http://www.gtlaw.com/NewsEvents/Publications/Alerts?find=118540

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DuPont, BP receive OK for biofuel venture

DuPont and BP said Thursday that European Union officials have approved a joint venture to develop and produce what they termed a new generation of biofuels to help meet demand for renewable fuels with reduced greenhouse gas emissions.

Read the full article at http://www.delawareonline.com/article/20090710/BUSINESS/907100319/1003/DuPont++BP+receive+OK+for+biofuel+venture

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U.S. announced $3 bln funds for renewable energy projects

Submitted on Tags July 8th, 2009 by Tina Ngo
Posted in Tags Clean Energy
Original news source: http://news.xinhuanet.com/english/2009-07/10/content_11682877.htm

WASHINGTON, July 9 (Xinhua) — U.S. government announced Thursday an estimated 3-billion-U.S.-dollar funds for the development of renewable energy projects around the country.

Read the full article at http://news.xinhuanet.com/english/2009-07/10/content_11682877.htm

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Finance, transmission take wind out of Pickens’ sails

Submitted on Tags July 8th, 2009 by Tina Ngo
Posted in Tags Clean Energy
Original news source: http://www.environmental-finance.com/onlinews/0907pic.html

New York, 9 July: Texas oilman T Boone Pickens’ has put on hold his grand plan to build the largest US wind farm – highlighting two significant problems for renewable energy development: tight financing and an inadequate transmission infrastructure.

Read the full article at http://www.environmental-finance.com/onlinews/0907pic.html

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Clean Tech Frets as Power of Government\’s Purse Grows

NEW YORK — Having scrambled for a government lifeline in the wake of the financial crisis, some “clean energy” developers and technology companies are now urging Washington to help lure back private financing.

Read the full article at http://www.nytimes.com/gwire/2009/06/25/25greenwire-clean-tech-frets-as-power-of-governments-purse-g-661.html

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U.S. makes $3 billion available for renewable energy

Submitted on Tags July 7th, 2009 by Tina Ngo
Posted in Tags Clean Energy
Original news source: http://www.reuters.com/article/GCA-GreenBusiness/idUSTRE5685ZJ20090709

WASHINGTON (Reuters) – The Obama administration on Thursday unveiled guidelines that will allow companies to apply for some $3 billion in government funds to boost development of renewable energy projects around the country, creating jobs.

Read the full article at http://www.reuters.com/article/GCA-GreenBusiness/idUSTRE5685ZJ20090709

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