solar
Enel Green Power S.p.A., the renewable energy division of Italy's largest utility, has announced that a consortium of investors led by JPMorgan Chase would invest some $340 million in two U.S. wind farms in return for a stake in the projects and voting rights.
Even as Congressional leaders continue to drag their feet on clean energy and many states keep renewables-related legislation on the back burner because of the still-sluggish economy, the U.S. military continues to invest money and research into green energy.
GE Energy, a division of General Electric Co. (NYSE: GE), has completed its $3.2 billion acquisition of a 90% stake in Converteam, the French electrical equipment and systems maker, after receiving the go-ahead from the US Department of Justice.
Developer of solar photovoltaic (PV) modules Ascent Solar Technologies Inc. (NASDAQ: ASTI) has formed a partnership with China-based TFG Radiant Group that will result in $450 million of investment.
The newest report from the United Nations Environment Program (UNEP), in cooperation with Bloomberg New Energy Finance, a clean tech analytics firm, shows that the combined impetus of stimulus funding, feed-in tariffs (FiTs) and renewable portfolio standards (RPS) generated a record $211 billion globally in 2010 in renewable energy investment.
Renewable energy power system manufacturer PowerVerde, Inc. (OTC: PWVI) says it has completed testing its advanced waste heat recovery system known as the "Liberator," which it plans to start shipping to its European distributor this week.
L’Oreal, the world’s largest beauty and cosmetics group, plans to install a solar system in it’s New Jersey plant and have it fully operational by the end of this year.
Sierra Club Canada, in a new report, estimates that the cost of energy from wind turbines will fall 3-5 percent with each new generation.





