"Public Private Partnerships (PPPs) involving local government units (LGUs) and private renewable energy developers create commercially viable enterprise at the same time address the urgency of addressing the Climate change phenomenon", Briones said.
Will the Chinese government make a good cleantech VC? The government recently announced a plan to invest directly or through venture capital funds into startups that are developing technologies including clean power and green cars. The Ministry of Finance posted a policy statement last Friday outlining its criteria for pumping up emerging technology development in the country. The criteria spells out what types of startups will qualify (founded no more than five years ago, for example) and what kind of venture capital funds might attract government participating (each equity fund must have a minimum of 2.5 billion yuan, or $391 million). The government said, in general, it wants to contribute no more than 20 percent of a fund, and it doesn’t want to stay in a fund for more than 10 years.
Registration is open for the 2nd IEEE PES International Conference and Exhibition on "Innovative Smart Grid Technologies - Europe 2011" 5th -7th December. This will be an international forum for the participants to address and discuss the state-of-the-art innovation in smart grids
to Develop Integrated Smart-Grid Ready PV Inverters with Utility Communications (RELEASE DATE: 9/6/11)
(RELEASE DATE: 7/26/11)
The CSP industry continues to grow globally and South Africa has emerged as a market to watch. With the initial phase of the renewable energy competitive bidding process well underway, CSP companies are paying close attention to this untapped CSP territory for lucrative opportunities.
Pagadian City's Mayor Samuel Co and Greenergy Solutions' CEO, Ruth P. Briones agreed to turn the City and its adjacent towns into zero waste local government units,which is required under environment regulations in the Philippines.
Largest power provider in the state of Georgia says it will invest in 50MW solar power plant because of decreased cost of solar energy.
The Spanish association for the solar energy industry, Protermosolar, has announced that 4293 Km2 of CSP plants (equivalent to 1% of Spain's territory) could supply the country with all the power it needs.
SolarCity has made headlines for its unique business model. The company's focus is on residential and commercial solar roof installation, and has spread its influence across the U.S. with great success. SolarCity has now received a $344 million loan guarantee from the U.S. Department of Energy to outfit military housing rooftops with solar panels. The loan guarantee will see SolarCity partnering with military housing developers to install up to 160,000 solar rooftops, with an estimated 371 megawatts of generating capacity. That will effectively double the amount of installed solar rooftop power in the U.S., with 166,000 solar roof installations total reported in Q1 2011 by GTM Research. The project is being carried out in partnership with Bank of America Merrill Lynch, SolarCity, and USRG Renewable Finance—a subsidiary of U.S. Renewables Group—who will serve as the lead lender.
The new units eliminate DC wiring while increasing productivity
Solar Academy International introduces new Solar PV training centre in Toronto, to meet Ontario's needs for solar panel installation professionals.
Triton Sonic Wind Profiler is part of major wake effect study in Colorado Rockies
North Energy a UK based renewable and alternative energy consultancy has designed a process plant to convert waste rice straw in Asia in to energy.
North Energy signs contract with major Gasification plant manufacturer
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