When the dust settled, 353 transactions had been completed for a reported $13.9 billion—down 6% from the $14.7 billion posted in 2010. While greentech funding rose 4% to $10.6 billion, mergers and acquisitions slumped 29% to $3.3 billion.
The global cumulative installed capacity for solar PV is expected to reach 330,424 MW by 2020, growing at a CAGR of 23.7% during 2011-2020. Europe is the leading solar PV market, with a share of 76.5% of the total cumulative installed capacity, followed by the Asia-Pacific region, accounting for a share of 15.8% in 2010.
Despite all the glamor, the real winner, the game changer, the quantum leaper, the watershed moment was here at the Autoshow and the Mainstream Automotive Writer's completely missed it.
Ligno cellulose consists of accumulated solar energy, however recovery of this energy is possible only through combustion processes with considerable environmental disadvantages. The proposed technology offers a completely different approach: The input materials are dissolved in a concentrated salt solution.
The Kyoto Protocol, having set binding targets for 37( + 4 that are to be added till the end of 2012) developed countries to reduce GHG emissions to 10-20 percent below the 1990 levels by 2012, however, may lose its significance in the second period since some countries such as Canada, Japan and China were reportedly unwilling to take part.
From our research… we cant find a bigger PV solar System (135KW or 576 of PV solar Panels) that has been supplied and installed on an AUTO dealer in Florida or the East Coast of the USA for that matter.
A new solar air heater has been engineered to provide homeowners, architects and builders with the performance of a highly efficient solar air heat collector with the look of a conventional skylight.
Notable wine regions in Italy, Germany and France already have FIT programs in place, while California and other states offer similar incentives based on government grants and rebates.
The yacht carries a huge rack of Lithium-Ion batteries capable of storing up to three days' worth of sailing power, easily enough to allow transit to continue throughout the night, or during overcast skies.
Developers installed wind turbines with capacity of 6,810 megawatts in the U.S. last year, 31 percent more than in 2010, as they rushed to qualify for a federal-tax grant that expired last month, according to an industry group. Fourth-quarter installations reached 3,444 megawatts, topping the first three quarters combined, led by California, Illinois and Ohio, the fastest-growing state, the American Wind Energy Association said today in a report. New wind farms with capacity of more than 8,300 megawatts are under construction now. Developers will try to complete them before another federal incentive expires Dec. 31. The Washington-based trade group is pressing Congress to extend the Production Tax Credit of 2.2 cents a kilowatt-hour for wind power to prevent manufacturers from firing workers by 2013.
For the third year in a row energy played a central role in President Obama's State of the Union address, with the president leaning hard this year on the twin themes of increased domestic oil and gas production and the need to invest more in renewable sources. "Right now, American oil production is the highest that it's been in eight years," said Obama. "Not only that -- last year, we relied less on foreign oil than in any of the past sixteen years." Obama has indeed presided over a boom in domestic energy production since taking office. From 2008 to 2011 U.S. crude oil production has jumped 14%, going from 5.1 million barrels per day at the start of 2008 to nearly 5.8 million barrels per day currently, according to the U.S. Energy Information Administration. Natural gas production is up by about 10% over the same period.
A plan by San Diego Gas & Electric to charge a “network use fee” to users of solar energy was stalled Wednesday at the California Public Utilities Commission. At a presentation to a committee in November, SDG&E presented the charge as a fairness issue, since solar customers are hooked to the grid but not paying for the upkeep of wires and other infrastructure. The plan, part of a wider proposal to restructure its rates, met fierce criticism from area politicians and green energy proponents. The California Center for Sustainable Energy estimated the average single-family home customer with solar would have to pay $350 under the plan, and school districts would have be charged $8,100 for each elementary school with rooftop panels. SDG&E argued that customers would still be saving money with the solar option.
The U.S. Commerce Department said on Thursday it was launching an investigation that could lead to steep import duties on more than $100 million worth of wind energy towers from China and Vietnam. The decision adds to the friction in clean energy trade between the world's two largest economies. The Commerce Department is already investigating charges that Chinese solar panel manufacturers engage in unfair trade practices and will issue a preliminary decision on duties next month. The Wind Tower Trade Coalition, a group of U.S. producers, had previously said it was asking for anti-dumping duties of 64 percent on imports from China and 59 percent from Vietnam. But in its announcement, the department said China was alleged to undercut U.S. wind tower prices by 213.54 percent and Vietnam by 140.54 to 143.29 percent.
The United States has regained its place as the world's number one investor in clean energy, reclaiming the top spot from China, according to Bloomberg New Energy Finance. In 2011, U.S. total investment in clean energy surged to $55.9 billion, up 33 percent from 2010; China saw investment rise just 1 percent to $47.4 billion over the same time period. This is the first time that the U.S. - and not China - has held the number one spot since 2008. Bloomberg attributes the increase in U.S.investment in large part to support initiatives such as the federal loan guarantee program and a Treasury grant program which have now expired. The country's principal remaining support measure for renewable energy, the Production Tax Credit, is currently also scheduled to fall away at the end of 2012 unless it is extended. As a result, Bloomberg suggests that there may be a rush to get projects completed in 2012, followed by a slump in investment in 2013, if the credit does, in fact, expire. Vestas, the world's largest maker of wind turbines in terms of revenue, warned that 1,600 U.S. jobs were at risk if clean energy tax credits were not extended past the end of this year.
Planned Production Revised Downward; Market Growth Shifting Away from Europe, NPD Solarbuzz Reports
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