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Sunshine and Ownership: A Cooperative Solar Garden Blooms in North Minneapolis – Episode 34 of Local Energy Rules Podcast

Sunshine and Ownership: A Cooperative Solar Garden Blooms in North Minneapolis – Episode 34 of Local Energy Rules Podcast

When people pay their electric bill to an investor-owned utility such as Minnesota’s Xcel Energy, they are generating energy for themselves, but the profit and wealth accrues to the utility’s investors.
Raser Restructures US $15M Credit Line

Raser Restructures US $15M Credit Line

Raser Technologies Inc. has restructured its existing US $15 million line of credit, funded by stockholders of the company. In connection with the amended agreement, Raser paid off $2.9 million of the loan principal and $0.4 million of accrued interest.
Altair Nanotechnologies Growing

Altair Nanotechnologies Growing

August 20, 2002 [SolarAccess.com] Altair Nanotechnologies Inc. has purchased a 90,000-square-foot building currently housing its corporate offices, laboratories and nano-materials production facility from BHP Minerals International Inc. (“BHP”), a subsidiary of Australia-based BHP Billiton Limited, for US$3 million. Under the terms of the agreement, the first payment is due in 42 months; interest will begin to accrue in 36 months […]
Raser Technologies & Merrill Lynch Sign 155 MW Deal

Raser Technologies & Merrill Lynch Sign 155 MW Deal

Raser Technologies, Inc. has announced that it has entered into an agreement with Merrill Lynch for the structuring and financing of up to 155 megawatts (MW) of Raser's geothermal power plants. The partnership is for non-recourse project financing including a commitment letter from Merrill Lynch to provide funding for the construction of Raser's first geothermal power plant.
Power REIT’s Preferred Stock Offering: A Hedge That Pays 7.75%

Power REIT’s Preferred Stock Offering: A Hedge That Pays 7.75%

Several smart money managers I know are excited by the heads-I-win, tails-I-win big opportunity offered by Power REIT’s (NYSE:PW) attempt to foreclose on its railroad lease with Norfolk Southern Corporation (NYSE:NSC) and Wheeling and Lake Erie Railway (WLE). I know this because I’m one of them, and I’ve talked to others about it. Others aren’t quite so sure.
SEI Initiates Study on VRB-ESS for Irish Wind Market

SEI Initiates Study on VRB-ESS for Irish Wind Market

Vancouver, BC [RenewableEnergyAccess.com] VRB Power Systems Inc. announced that Sustainable Energy Ireland (SEI) and Tapbury Management Limited are funding a study to quantify the full potential economic benefits of coupling Vanadium Redox Batteries (VRB) with wind farms in Ireland. The study will focus on Sorne Hill Windfarm, the recently commissioned 32-megawatt (MW) windfarm in County Donegal that is managed by […]
How Manomet Got It Backwards: Challenging the “Debt-then-dividend” Axiom

How Manomet Got It Backwards: Challenging the “Debt-then-dividend” Axiom

This short article challenges the assumption that there is always a carbon debt incurred first and then a carbon dividend realized later (debt-then-dividend) when using woody biomass for energy.
Astris to Exhibit Fuel Cell Vehicle at Canada Show

Astris to Exhibit Fuel Cell Vehicle at Canada Show

Mississauga, Ontario [RenewableEnergyAccess.com] Astris Energi, an alkaline fuel cell technology company, will exhibit and demonstrate its fuel cell vehicle at the Canadian National Exhibition, August 18-23, at a pavilion to focus exclusively on fuel cell and hydrogen related technologies. The Freedom Golf Car is Astris’ first alkaline fuel cell powered golf car fuelled by hydrogen, which is contained in a […]
Solar Powered Homes Sell Quickly Despite Market Crunch

Solar Powered Homes Sell Quickly Despite Market Crunch

Each of the 47 newly developed homes in Clarum Homes' new Hamilton Park community in Menlo Park, California is being sold with Sharp OnEnergy solar systems as standard features. The homes were put on the market this summer and 44 have already sold.
SunEdison Awarded 2.1-MW Project by UMES

SunEdison Awarded 2.1-MW Project by UMES

University of Maryland Eastern Shore (UMES) is planning to develop a photovoltaic solar farm on 20 acres of land on the University's campus. SunEdison will finance, build, operate and maintain the 2.1-megawatt system under a solar power service agreement (SPSA). It will be the largest renewable energy project in Maryland.