Starwood Energy Group Global, LLC has closed in on the acquisition of a partial ownership interest in a biomass power plant being built in Florida.
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.
It’s an ambitious goal for any state – 90 percent of electricity needs from renewable sources by 2050.
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.
The Regional Greenhouse Gas Initiative, the United States' first market-based regulatory mechanism to reduce carbon emissions, has completed its 12th quarterly carbon credit auction.
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.
In its largest foray into Marine and Hydrokinetic technology, the U.S. Department of Energy (DOE) has announced investments totaling over US$37 million to accelerate development for commercial readiness.