Earlier this week algae fuel startup Sapphire Energy announced that it’s in the process of raising a whopping $144 million from private investors, which will be used to build out its first commercial demonstration algae farm in New Mexico. That farm could be able to produce 1.5 million gallons of Sapphire’s green crude per year by 2014, says Sapphire’s VP of Corporate Affairs, Tim Zenk. That might sound impressive, but it’s a far cry from the company’s previous projections. Back in 2009, Sapphire was hoping its algae farm would be able to produce 1 million gallons of green crude per year by 2011, followed by 100 million gallons per year by 2018, and 1 billion gallons per year by 2025. When Sapphire made those projections, the sheer volume was so much more than any of their competitors were putting out there, that I asked if Sapphire was going to be “the gorilla of algae fuel?“ Full Article:
Innovative Clean-Tech Venture Capital Fund Comes to Ontario
The Solar Energy USA team is hosting an Earth Day celebration on Friday April 13th at their office in Alpharetta, GA. Highlights of the event include green giveaways, electric cars on-site, and introductions to Captain Planet. This is a free, kid-friendly event.
Analysis from Bloomberg New Energy Finance shows that the value of the world's carbon markets declined by 21% over the last quarter, despite trading volumes above the historical average
ESA Renewables completes 1.26-megawatt solar power plant, Eastern North Carolina's largest
New Technology Innovation and Ontario's Green Energy Act Support Growth of Renewable Power----- GE to Power Nine Wind Farms in Ontario with Advanced Technology Turbines----- Energy Generated by GE Wind Turbines will Power Approximately 320,000 Canadian Homes
Indices for Solar, Wind and Energy Smart Technologies offer fresh ways for investors and ETF providers to get exposure to sectors of the rapidly-growing clean energy industry
- "Kemberg II" wind farm fully constructed and operational - Five wind energy systems with a nominal output of 10 MW installed
The generated energy covers about one third of the total energy demand of the race track
N&N Agriculture Pte Ltd, one of Asia's advanced, high-tech egg farms, purchased the C1000
AllCell and University of Illinois Sign License Option Agreement for Geothermal Thermal Storage Technology for Smart Grid Applications
In buildings served by geothermal heat pumps, the new technology will examine forecasted weather, electricity prices, and building usage to calculate when it is most cost effective to operate the system
Fully line-regenerative system improves power efficiency and reduces operating costs
Guardian Delivering Solar Mirrors as Supplier for World's Largest Solar Thermal Power Plant Under Construction
EcoGuard Solar Boost mirrors are being installed at the Ivanpah Solar Electric Generating System (ISEGS) in California's Mojave Desert
VANCOUVER, CANADA– Ballard Power Systems today announced a one-year extension of its Equipment Supply Agreement with IdaTech (www.idatech.com), through 2013. IdaTech is a system integrator focused on extended run backup power solutions for the telecommunications industry.
The 1603 Grant Program was not extended. What does this mean for smaller projects? Steve Rodman, CPA, MST, president of Rodman & Rodman, P.C. weighs in.
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