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Bank of America announced it has teamed with Brighter Planet to offer a credit card that can help consumers reduce their contribution to climate change and invest in the development of renewable energy projects.
A funny thing happened recently: We wrote an article suggesting that a lower cost of capital, driven by increased debt in project finance transactions, would help to mitigate some of the new risk the solar industry faces in 2017. We didn’t anticipate that this would be a particularly controversial viewpoint. After all, paying a lower cost of capital is like paying off old credit card debt. Who could disagree with that?
January 29, 2004 [SolarAccess.com] New Zealand’s Wellington City Council is starting a six-month trial of TXT-a-Park, a solar-powered pay-and-display parking machine system. The machines are solid aluminum, with vandal-resistant construction, and run on solar/battery power. They have been designed to incorporate payment options, including credit cards, notes and other card systems. They can also be configured to pay back change. […]
Bank of America announced a $20 billion initiative to support the growth of environmentally sustainable business activity to address global climate change. The ten-year initiative encourages development of environmentally sustainable business practices through lending, investing, philanthropy and the creation of new products and services.
Southern States Power Co. Inc., a provider of alternative fuels and a member of the National Biodiesel Board, announced that the company has entered into an agreement for the acquisition of a commercial fuel dispensing facility in Phoenix from Kinder Morgan Energy Partners, LLC and Cardlock LLC, a division of Southern Counties Oil Co.
Chemical engineering researchers at Oregon State University (OSU) have reportedly developed a tiny chemical reactor for manufacturing biodiesel that could enable farmers to produce a cleaner-burning diesel substitute on their farms using seed crops they grow on their own land in less time than current processes.
With billions of viewers, the World Cup is the most-watched sporting event in the world. I always get excited at World Cup time, but this year I have more to be excited about than just the soccer. When we turn on the television to see our favorite teams take the field, we’re greeted by more than the battle of soccer […]
In a move anticipated to meet the electricity needs of Bermuda over the next 20 years, the Bermuda Electric Light Company Limited (BELCO) plans to purchase renewable energy to be generated from its own ocean currents. The agreement, between BELCO and Current to Current Bermuda Ltd., is for up to 20 megawatts (MW) of power, with the first 10 MW scheduled to be available by the end of 2007.
AstroPower, Inc. and The Home Depot have expanded the sales of AstroPower's residential solar electric power systems into select Home Depot stores in Delaware, New Jersey and New York. This is the initial East Coast expansion of the companies' solar power program, which was established in three San Diego, California stores in Sept. 2001.
Residential PACE (R-PACE) has been the best financing solution for the roughly 160,000 homeowners who have used it for energy, water, and safety related projects that they wanted or needed to make; projects that made their homes more comfortable, healthier, safer, less expensive to heat and cool, and more valuable.