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4 June 2010

US heading for energy abyss, says industry expert

Energy policies in the US are in disarray, according to John Hofmeister,formerly president of Shell Oil's US operations and now CEO of Citizens for Affordable Energy.

3 June 2010

Ontario’s clean energy feed-in tariff looked to lessons of past, says expert

Ontario's recently adopted feed-in tariff (FIT) systems have learnt from other subsidisation regimes and will not be vulnerable to the issues plaguing the Spanish market, according to an industry expert.

3 June 2010

Republican Senator to propose new US climate bill, Obama stresses clean energy commitment

As a Republican Senator readies to introduce an alternative climate change bill to the US Senate, President Barack Obama has said he intends to find all votes needed for legislation to be enacted.

2 June 2010

Private equity firm Ventizz expands partner team with promotion

German private equity firm Ventizz Capital Partners, which has a portfolio encompassing clean technology, has expanded its team of partners with the promotion of Björn Söndgerath as a fourth member.

2 June 2010

Ram Power to acquire Sierra Geothermal Power in share exchange

Nevada-based geothermal company Ram Power has entered into a preliminary agreement to acquire Sierra Geothermal Power.

1 June 2010

Feed-in tariffs create level playing field for renewables in Ontario, expert says

The feed-in tariffs introduced this year in the Canadian province of Ontario will broaden the range of stakeholders involved in pushing forward the deployment of renewable energy technologies, according to an industry expert.

28 May 2010

US state of Oklahoma commits to 15 per cent renewable energy in new legislation

The US state of Oklahoma has signed a law to expand the use of clean energy and establish a renewable energy standard that targets 15 per cent of electricity to be generated from renewables by 2015.

28 May 2010

Renewable energy to be 60 per cent of power mix by 2030, says IEA

The International Energy Agency (IEA) said it will maintain its forecast for renewable energy generation to constitute 60 per cent of all electricity produced by 2030, according to reports.

28 May 2010

US Geothermal gains power purchase agreement approval for Neal Hot Springs project

Renewable energy company US Geothermal said the Idaho Public Utilities Commission has approved the Power Purchase Agreement (PPA) for the Neal Hot Springs project.

28 May 2010

US creates funding programme to advance university clean technology innovations

The US Department of Energy (DOE) has created a $2.1m funding opportunity designed to accelerate the commercialisation of innovative clean energy technologies being researched in university laboratories.

26 May 2010

Contact Energy completes New Zealand geothermal plant ahead of schedule

New Zealand power company Contact Energy has completed the construction of its NZ$100m ($66.9m) geothermal power station Tauhara One under budget and ahead of schedule.

25 May 2010

Geothermal developer Vulcan Power appoints new CFO and vice president of development

US-based geothermal energy project developer Vulcan Power Company has strengthened its executive team with two new key appointments, including naming Richard Atkinson its new CFO and Joseph Lessard as its new senior vice president of development.

24 May 2010

UK to miss 2022 carbon budget target, forecast showsp

The UK will miss its future carbon budget target unless the new coalition government introduces firm policies to promote renewable energy and energy efficiency not covered by the EU Emissions Trading Scheme (ETS), a new forecast shows.

24 May 2010

Taiwan to invest $1.4bn in green energy over next five years

The government of Taiwan has said it will invest TWD45bn ($1.4bn) in alternative energy over the next five years with the aim of cutting carbon emissions 45 per cent by 2020, according to local media.

24 May 2010

Africa source of growth for international emissions offset market, says UNFCCC

Though Africa accounts for just under two per cent of the 2,060-plus registered clean development mechanism (CDM) projects in 63 countries worldwide, the continent has seen a strong growth trend in the past few years, according to the UN Framework Convention on Climate Change (UNFCCC).

24 May 2010

Green Products Innovation Institute launches in US to certify green manufacturing

Green Products Innovation Institute (GPII), a nonprofit organisation founded on the Cradle-to-Cradle (C2C) programme that certifies global manufacturers with an environmental stamp, has launched in San Francisco, California.

21 May 2010

GeoGlobal Energy invests $90m in Hudson Ranch geothermal project

GeoGlobal Energy (GGE), a privately-held geothermal investment and development company, has invested $90m in the construction of the $400m Hudson Ranch project in California's Imperial Valley, one of the world's hottest and largest geothermal resources.

21 May 2010

Planned geothermal projects up 52 per cent since 2007, says GEA

Geothermal power is growing rapidly across the globe with a 52 per cent increase in the number of countries actively pursuing geothermal power projects and increasing cooperation between countries, the Geothermal Energy Association (GEA) found in a recent study.

20 May 2010

Saudi targets ten per cent renewable energy by 2020, reports say

Oil capital Saudi Arabia is targeting between seven and ten per cent of its electricity to come from renewable sources by 2020, according to state-owned oil company Saudi Aramco.

20 May 2010

EnerTech Capital adds former New York Governor George Pataki to its advisory board

Former US Governor of New York State, George Pataki, who implemented the country's first green building tax credit whilst in power, has been appointed to the advisory board of clean technology venture capital firm EnerTech Capital.

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