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Seattle-based AltaRock Energy, Inc. and Davenport Newberry Holdings LLC of Stamford, Connecticut, geothermal energy project developers, this summer plan to test the energy potential of the Newberrry Volcano, located about 20 miles south of Bend, Oregon.
Although electric vehicles (EVs) provide numerous benefits, running out of electricity and being stranded on the road is a concern for some potential EV owners. The American Automobile Association (AAA) recently announced a new project that may help alleviate that obstacle and offer peace of mind as well.
In a sharp reversal of policy, German Chancellor Angela Merkel has announced the country will move to phase out all nuclear power by 2022.
The decision comes after the Ethics Commission for Security Energy, which Merkel set up to review nuclear power following the Fukushima disaster in Japan, recommended all 17 of Germany's reactors be shut down permanently.
ABB Ltd. (NYSE: ABB) (2010 net income $2.73 billion, revenue $31.59 billion) said Sunday it has begun construction on a $90 million factory at Huntersville, North Carolina, that will provide AC and DC high-voltage land cables for power transmission. The facility will employ approximately 100 people and begin operation in late 2012.
EnergyBoom’s E•B Biofuel subindex decline of 0.99 percent last week was the best performance among the EnergyBoom clean sector indices. It also beat the leading green ETFs and all broad market indices except the Dax Index of 30 bluechips trading on the Frankfurt Stock Exchange, which slipped 0.24 percent.
Although it may sound like a Hollywood movie, it isn’t. The first race for electric vehicles is finally underway. Touted as the “longest and greenest” race around the world, teams from four nations are travelling the world for 80 days in the first ever Zero Race.
Google is known for chasing and catching big ideas, so it’s no surprise that Google.org is one of the venture backers of enhanced geothermal systems (EGS), touted as the technology that could make geothermal power a major contributor to America’s energy supply.
Buildings in the United States use more energy and emit more carbon dioxide than transportation or industry, so investors should be looking for a way to participate in a solution.
Another Friday means another whirlwind business week is coming to an end and another microscopic look into the renewable energy universe is forthcoming.
Strap your helmets on because we are about to tour the cleantech and renewable energy worlds at light speed.
The World Geothermal Conference, or WGC2010, held from April 25 to the 30 in Bali, touted Indonesia’s huge geothermal resources and aimed at transforming that Southeast Asian nation from an emerging economy to the geothermal capital of the world.
