 |
15th March 2010
The European Union said that it is on track to meet its commitment for 20 per cent of power production met by renewable resources by 2020. The EU is on course to surpass the target set out in the Renewable Energy Directive by 0.3 per cent, according to a recent forecast.
12th March 2010
A leading German politician, Bavaria state premier Horst Seehofer said plans to cut solar energy feed-in tariffs are excessive and unacceptable, according to reports.
11th March 2010
The first 510 large-scale projects have been given the go-ahead under a new feed-in tariff (FIT) programme launched in Ontario, Canada.
11th March 2010
The US Senate has approved the extension of the $1-a-gallon tax credit for biodiesel, which had expired at the end of 2009, in a move that domestic biofuel producer Renewable Energy Group (REG) has described as critical to a successful energy policy.
10th March 2010
The US Department of Energy (DOE) has launched a new funding programme to advance projects involved in marine and hydrokinetic technology
10th March 2010
The wind energy industry has called on the US government to pass a strict national renewable electricity standard (RES) to drive demand and create jobs.
10th March 2010
European Commission (EC) proposals on post-Copenhagen climate policy that suggest establishing sectoral carbon market mechanisms, outside of the scope of the UN, will undermine negotiations and lead to a volatile carbon market, a campaigning group said.
10th March 2010
NRG Energy has been selected by the US Department of Energy (DOE) to receive up to $154m, including funding from the American Recovery and Reinvestment Act (ARRA), to build a post-combustion carbon capture demonstration unit in Houston, Texas.
9th March 2010
Solar module manufacturer Solar Power has received an initial commitment of $24.7m in Recovery Zone Facility Bonds (RZFB) by Sacramento County
5th March 2010
With the European Commission’s recent awards of €2.3bn to 43 gas and electricity projects under the Economic Recovery Package, the European Geothermal Energy Council (EGEC) has urged a further commitment to create a European fund covering geothermal exploration and drilling risk.
5th March 2010
The European Commission has allocated over €903m to electricity interconnection projects as part of its broader European Economic Recovery Plan, injecting new impetus into long standing electricity grid development plans within the EU.
5th March 2010
The United Nations has selected members for a new international advisory group focused on climate change financing that will work towards mobilising funds discussed at the UN Climate Change Conference in Copenhagen last December.
5th March 2010
Industry group the Algal Biomass Organization (ABO) has urged Congress and Senate Finance Committee Chairman Max Baucus and Ranking Member Charles Grassley to adopt an amendment to ensure algae-based fuels receive the financial and regulatory benefits currently afforded to other advanced biofuel feedstocks. The adoption of this amendment will be a significant step in creating new jobs, increasing energy security and reducing greenhouse gas emissions, the group said.
4th March 2010
The Texas Public Utility Commission is moving toward implementing the Texas legislature’s mandate that the state’s energy include at least 500MW of new power from sources other than wind by 2015.
4th March 2010
UK renewable energy trade association RenewableUK (formerly BWEA), has called for the government to invest a further £150m-£200m in wave and tidal technologies.
4th March 2010
A group of US Democrat senators have urged the Obama administration to suspend its clean energy programme under the economic stimulus package as a new report shows more than $1bn has been paid out to foreign manufacturers.
4th March 2010
An urgent review of global biofuel policies is needed, with current targets over ambitious or unsustainable, according to a report by the International Energy Forum.
3rd March 2010
The Chinese government has put together a ten-year programme to boost the generation of clean energy and ensure it accounts for 15 per cent of the country’s electricity by 2020, according to reports.
3rd March 2010
The UK government has launched a new green strategy setting out its plan to reduce carbon emissions produced from the household sector by 29 per cent.
3rd March 2010
Germany’s cabinet has agreed for proposed cuts to solar feed-in tariffs (FITs) to begin in July, according to reports.
3rd March 2010
The cost of complying with carbon legislation has been minimal for the majority of European companies to date and has not significantly affected their ability to raise finance, according to a new survey of corporate issuers rated by Standard & Poor’s Ratings Services.
3rd March 2010
US energy secretary Steven Chu has announced $100m of Recovery Act funding will be made available to accelerate innovation in green technology.
3rd March 2010
Listed marine energy company Ocean Power Technologies has received an award of €2.2m under the European Commission’s Seventh Framework Programme (FP7), by the EC Directorate responsible for new and renewable sources of energy, energy efficiency and innovation.
2nd March 2010
The proposed reduction to Germany’s solar feed-in tariffs (FITs) will destroy the free-field installation sector, renewable energy firm juwi told NewNet.
1st March 2010
India is to establish a clean energy fund by imposing a tax on coal produced within the country and imported from abroad, the country’s finance minister has announced, which a regional expert told NewNet is expected to generate between $500 and $550m.
26th February 2010
The consortium of European Biomass Associations (AEBIOM and EUBIA), European forest owner associations (EUSTAFOR, CEPF and NSF) and European Biogas Association (EBA) have praised the non-binding measures proposed in the European Commission’s report on sustainability criteria for solid and gaseous biomass for heat and electricity to ensure the sustainability of biomass.
26th February 2010
Australia’s largest electricity retailer AGL told NewNet that changes to the government’s renewable energy policy will mean a U-turn in its earlier announcement today that it was to put its wind development projects on hold.
25th February 2010
Renewable energy sources remain a strong focus of European governments with a variety of incentive schemes being deployed, according to a new study by commercial law firm CMS Hasche Sigle.
25th February 2010
As a parliamentary report criticises the power industry’s failure to agree on a new transmission regime, creating a 60GW backlog of projects waiting to get connected, a leading analyst told NewNet that access issues are restraining renewable energy projects.
25th February 2010
The California Energy Commission has unveiled a $90m Clean Energy Manufacturing Program to assist clean energy companies in the state.
24th February 2010
The UK government is encouraging improved energy efficiency in buildings by introducing the first mandatory UK-wide carbon trading scheme, the CRC (Carbon Reduction Commitment) Energy Efficiency Scheme, in April 2010 according to reports.
23rd February 2010
The United Nations will host an extra round of climate change takes in Bonn, Germany, this April in an effort to revive climate change talks.
23rd February 2010
The Hawaii Public Utilities Commission has approved a new method for setting electric rates designed to encourage a clean energy economy for Hawaii.
18th February 2010
Reports suggest that a new feed-in tariff incentive policy for solar power installations below 50KW, to be set up by the Israeli Public Utilities Authority, has been authorised by Israel’s Minister of National Infrastructure.
18th February 2010
Italy plans to double its solar capacity in 2010, up to 2,000MW, as photovoltaic (PV) manufacturers seek to cash-in on government incentives set to expire before the end of the year, according to reports.
18th February 2010
Peru will sign a number of contracts to secure its renewable energy supply for the next 20 years in March, in what it has been described as an important milestone in the history of the country’s energy.
18th February 2010
The UK government has made £8m available to be invested in projects to support the development of new wind turbines, in addition to the £18m already awarded and its recent decision to issue rights for 32GW of capacity, which it said is the biggest expansion of offshore wind of any country in the world.
15th February 2010
The US government has launched a $130m initiative to make buildings more energy efficient and spur regional economic growth by promoting clean technology.
12th February 2010
The implementation of the EU’s Water Framework Directive, despite its positive goal to improve the environmental status of water bodies, is limiting the hydro sector’s future growth, since the interpretation of the directive at national level is having direct consequences on the approval of new projects and allocation of concessions and permissions, according to the European Small Hydropower Association (ESHA).
12th February 2010
UK Prime Minister Gordon Brown, alongside UN Secretary General Ban Ki-moon and Prime Minister Meles Zenawi of Ethiopia have launched the High Level Advisory Group on Climate Change Financing.
12th February 2010
US energy company Con Edison has filed a proposal with the New York State Public Service Commission (PSC) to support the development of 25MW of solar energy resources in New York City by 2015.
12th February 2010
Green engineering company Fuel Tech has welcomed the recently announced nitrogen oxide (NOx) emission control policy from the Ministry of Environmental Protection of the People’s Republic of China.
11th February 2010
Using newly enacted legislation introduced by Senator Julie Lassa, Senate Majority Leader Russ Decker, Legislators, Louie Molepske, Marlin Schneider, Amy Sue Vruwink, Mayor Mary Jo Carson and Wisconsin Governor Jim Doyle,US energy company Energy Composites Corporation took a step forward in its development of a new wind blade manufacturing facility in Wisconsin, US.
10th February 2010
Large investments need to be made to get developing countries’ energy systems on a different track than the one the industrialised countries have followed if the problem of climate change is to be tackled, according to non-profit global energy services organisation Global Village Energy Partnership.
8th February 2010
The European Union (EU)’s flagship Emissions Trading System (ETS) is failing to deliver vital green investment after a collapse in carbon prices magnified by the recession, UK MPs have warned.
5th February 2010
Carbon capture and storage technology developer Alstom has commended the Obama administration for establishing a task force to promote the development of carbon capture and storage in the US.
5th February 2010
A new board of presidents of European Forum for Renewable Energy Sources (EUFORES) has been selected by the European Parliament. The new president of the European Forum is Claude Turmes and elected vice-presidents are Fiona Hall and Anni Podimata.
4th February 2010
US President Barack Obama has introduced three policy measures that will work to boost biofuels production and reduce dependence on foreign oil. The Environmental Protection Agency (EPA) has finalised a rule to implement the long-term renewable fuels standard of 36 billion gallons by 2022, established by Congress and the US Department of Agriculture, and has also proposed a rule on the Biomass Crop Assistance Program (BCAP) that would provide financing to increase the conversion of biomass to bioenergy.
3rd February 2010
Norway has agreed to join the North Sea electricity grid along with nine other European countries, including the UK.
3rd February 2010
Britain needs a more interventionist energy policy than is currently in place, according to UK Energy and Climate Change Secretary Ed Miliband.
NewNet's Essential CleanTech Investor Summit was completely sold out. Over 450 investors, innovators and influencers within clean technology and renewable energy attended on the day. The Investor Summit was Europe's largest event focused around investors and deal-makers.
For more on the Summit go to: www.NewNetInvestorSummit.com
