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In a decision praised throughout the Renewable Energy community, the California Public Utilities Commission (CPUC) voted 3-2 Thursday to approve a decision exempting many types of small, renewable, and clean self-generation of customers of Pacific Gas and Electric Company, Southern California Edison, and San Diego Gas and Electric Company, protecting many solar, wind and fuel cell systems from so-called exit fees.
In Climate of Cheap Gas, Forecast for Renewable Energy Finance is Cloudy: Q&A with Michael Butler, CEO of Cascadia Capital
Cascadia Capital CEO Michael Butler knows renewable energy finance. His investment banking firm has been a key player in some of the clean technology sector's most significant transactions. His forecast for renewable energy is "near term cloudy." The rush of investments into natural gas is siphoning capital that would have gone into the renewable energy sector. Renewable energy is a viable industry long term, it's just going to take longer than we all hoped.
Whether it's the rise in environmental consciousness, realization of the impacts of relying on foreign oil, or the changing economy, more people are turning towards the renewable energies of solar, wind and water power. With the increased interest in renewables, comes an increased need for renewable energy education. Fortunately, there are many programs available that provide RE education for all needs from online classes to hands-on workshops to certification and degree programs.
Innovative and emerging water-based power generation news.
A debate between advocates of distributed and centralized renewable energy systems is just beginning. It is overdue. Consideration of scale in renewable energy systems has been delayed in part because we first had to bring solar energy in all its forms to market, and in part because the distributed nature of renewable energy resources seemed inexorably to lead to their being harnessed in distributed fashion.
In another example of increasing corporate support for renewable energy, Ontario Power Generation (OPG), a generator and seller of electricity, announced that Canadian Imperial Bank of Commerce (CIBC) has purchased OPG Evergreen Energy Green Power. Over the next year, CIBC will buy 2,000 MWh of Green Power (electricity produced from renewable sources such as wind, low-impact hydroelectric, biomass and solar) from OPG for use at its offices in Toronto.
On a crisp fall day in late-September, three white vans crept up a winding Oregon dirt road lined with thick forestry. The pitted, unwelcoming path made for a rough ride — a likely indicator that many don’t often brave the ride to the top of the crater. Midway through the journey, the lead van stopped beside a hunter readying to traverse the dense, uninhabited wood for prey. Little did he know that the woods were uninhabited for a reason.
E.ON Climate & Renewables (EC&R) North America announced a 15-year power purchase agreement with CPS Energy, the nation's largest municipally owned energy company providing both electric and natural gas service. Under this agreement, CPS Energy will purchase 115.5 megawatts (MW) of electricity and associated renewable energy credits from EC&R's new Papalote Creek wind farm, located in San Patricio County, Texas.
June 6, 2003 [SolarAccess.com] Southern States Power Co. Inc., a member of the National Bio-diesel Board, announced additional details of its involvement in a renewable energy project in Clarksdale, Miss. The agreement to sell three 2 MW bio-diesel fueled generators to Delta Green Power, for a cash payment of US$1.8 million is part of Southern States’ role in the development […]
[RenewableEnergyAccess.com] Jacksonville, Florida based solar thermal manufacturer TCT Solar announced that Roger Locke has joined the company and will be responsible for TCT Solar’s strategic sales development activities. Locke, a former Hutton Communications VP, will assume the position of Director of Sales for the company. According to Steve Gorman, President and Chief Executive of TCT Solar, Locke has 25 plus […]