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Denmark Approves Sizable Bioenergy Plant

Denmark Approves Sizable Bioenergy Plant

The board of Maabjerg BioEnergy approved the implementation of what is said to be the world's largest bioenergy plant, to be built in Jutland, Denmark. Construction costs for the plant are estimated at DKK 300 m (USD$48 million), and the European Union has given DKK 28 m (USD$4.5 million) to the project.
U.S. Geothermal Energy Sector Promising

U.S. Geothermal Energy Sector Promising

[Reuters] Geothermal energy could fill a sizable chunk of United States electricity requirements if legislative, technological and other challenges are met, a senior U.S. Department of Energy official said. “Geothermal is going and blowing, there isn’t a big hold-up to it,” Alexander Karsner, assistant secretary for energy efficiency and renewable energy, said at an energy conference Wednesday. 
Global Marine Power Industry May be Worth US760 Billion by 2050

Global Marine Power Industry May be Worth US760 Billion by 2050

The global marine power industry could be worth as much as 460 billion pounds (US760 billion) by 2050, with the U.K. comprising a sizable share of the market, the London-based Carbon Trust reported in a new analysis.
Growing a Solar Park in California’s Central Valley

Growing a Solar Park in California’s Central Valley

An ambitious project to build one of the world's largest solar energy complexes on contaminated farmland in California's Central Valley has finally moved from the drawing board to the review process, but unlike with some other sizable solar energy ventures, there likely will be few objections to the site.
Negotiating Corporate PPAs in the Middle East and Africa — Part One: Opportunities and Price

Negotiating Corporate PPAs in the Middle East and Africa — Part One: Opportunities and Price

Sizable reductions in the cost of solar equipment have created countless opportunities for developers operating in the Middle East and Africa to enter into power purchase agreements with commercial and industrial enterprises and to provide electricity at a lower rate than the local utility.
Credit Crunch Hits Renewable Investment

Credit Crunch Hits Renewable Investment

The global credit crunch has hit investments in clean energy, but with rising energy prices, concern about climate change and supportive policies, sizable funds have still found their way into the sector during the first quarter of 2008, according to New Energy Finance.
$25 M Donation Helps Create New Institute for Renewable Fuels

$25 M Donation Helps Create New Institute for Renewable Fuels

The Donald Danforth Plant Science Center announced a $25 million gift to create the Enterprise Rent-A-Car Institute for Renewable Fuels, which will expand the scientific expertise of the Danforth Center to speed up development of plant-based renewable biofuels.
24 UK Solar Plants Fetch $267 Million in Asset Sale

24 UK Solar Plants Fetch $267 Million in Asset Sale

Canadian Solar Inc. today said that it has sold a 142-MWp solar portfolio in the U.K. to London-based asset manager Greencoat Capital LLP in an asset sale worth about US$267.7 million.
Ormat Closes Hot Sulphur Springs Deal

Ormat Closes Hot Sulphur Springs Deal

Ormat Technologies announced that its wholly owned subsidiary, Ormat Nevada Inc., has completed its acquisition of membership interests in the Hot Sulphur Springs II LLC (HSS), which includes the Tuscarora project.
National Wind to Expand Community-Owned Projects

National Wind to Expand Community-Owned Projects

National Wind, LLC announced that it has received a private equity investment from Harmony Equity Income Fund, a South Dakota fund managed by McGowan Capital Group. Details of the agreement were not disclosed but National Wind has the confirmed the investment is more than $1 million and will be used to expand National Wind's community wind development efforts in South Dakota.