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The U.K. rejected proposals for a 25 billion-pound ($40 billion) tidal-energy barrage designed to generate as much as 5 percent of the nation’s power needs.
DOE's October 29 announcement awarding $338 million in stimulus funding to geothermal energy research and development projects is the largest injection of funding into new geothermal technology development in over 25 years.
Florida lacks a renewable portfolio standard, so it doesn't make it easy for solar project developers to build utility-scale plants. One company, BlueChip Energy, is trying to do that, and announced on Tuesday a new investor in the 120-megawatt (MW) solar farm that it is working on. Taiwanese silicon solar cell maker Neo Solar Power will provide 10 MW of cells in exchange for an equity stake.
In 1985, I got out of the Air Force to make my fortune in commercial real estate and real estate limited partnerships. Unfortunately, because the tax laws changed drastically shortly afterwards, I found myself working in a dead market. The elimination of lucrative tax incentives for real estate was only partly to blame for the real estate market crash. The underlying reason was that deals were being put together that made perfect sense from a tax stand point, but didn't make economic sense.
Here’s a question for leaders of corporations and municipalities: What was the impact of extreme weather on your bottom line last year? And how are you mitigating this threat to your company’s operations and finances in the future?
Let’s start with some facts. Over the last 15 years or so, solar photovoltaic (PV) power installations have been growing at a respectable rate of 25 to 30 percent per year worldwide. But, the global growth statistics mask a compelling domestic growth trend.
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