New Hampshire

The Plainfield Renewable Energy Biomass Project, a proposed power plant in Connecticut owned by Atlanta-based Enova Energy Group, this week received a guarantee of funding to move ahead to the construction phase.

Valero Energy Corporation, the nation’s largest independent oil refiner and a leading ethanol producer, and New Hampshire-based biofuels company Mascoma Corporation have launched a joint venture to build a commercial-scale cellulosic ethanol facility in the town of Kinross on Michigan's Upper Peninsula.

With four utility-scale wind projects already online and another two currently being built, Maine is on track to pass what is viewed as a crucial milestone—of having 200 installed wind turbines—as it moves toward its legislated goal of reaching 2,000 megawatts of wind-power generation by 2015, according to published reports.

Touted when first announced in January of 2010 as “likely to create hundreds of jobs”, the world’s largest wood pellet plant – a joint effort between German firm RWE Innogy (ETR:RWE) and Swedish firm BMC – cost $170 million to build and occupies about 300 acres in the Waycross (Georgia) Industrial Park. RWE Innogy delivers renewable energy in Europe. BMC is a project and technology development company vested in wood-based biomass.   

Solar stocks are showing signs of life today after another drubbing yesterday. Both the EnergyBoom E•B Solar sub-index and the Claymore/MAC Global Solar Index ETF fell more than 4 percent yesterday.

Only a couple of solar stocks escaped yesterday’s downer, however it is worth noting that there has been a significant divide -- as in continental divide -- over the past year in the performance of the Chinese-based companies versus the U.S. and Euro-based companies.

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