Setting up of “hybrid” energy centers, an initiative mainly about hybrid technology combining two renewable resources abundant in a particular area, is gaining momentum.
They say that every cloud has a silver lining. In that case, the recently passed – only slightly improved – bailout bill is quite the thunderhead. But here’s the silver lining…the solar tax credits have been renewed!! It’s a shame that it took such a ridiculous but certain-to-pass bill to get what we solar fans have been pining for – and opining about – in the last few years. And it came in the nick of time, with solar stocks falling, solar companies cinching their belts, and eager homeowners beginning to give up hope.
Yet, hope for renewable energy has been regained! The bill will extend the all-important Investment Tax Credit (ITC) for eight years and … with a huge round of applause … it removes the $2,000 cap on residential electric systems! This is what so many homeowners have been waiting for. This is a big break. While the tax credit for residential systems has always been 30% of the cost, it was for some reason capped at the two-grand mentioned above. So, let’s say your solar system will cost $40,000 to purchase and install. Beginning in 2009, you can now expect up to $12,000 in credits from the feds … that’s a 600% increase! Combine that with oft lucrative state rebates and incentives, and you’ve made solar energy systems considerably more affordable. (more…)
The Second International Scientific and Business Congress on Protecting the Climate – A World Joint Strategy under the theme "Localisation on Environmental Business and Supply Base in India"
“We are happy to support the cooperation with the EuroAkadem-Academy for European Management in holding the 2nd Congress. We strongly support the contribution that the Congress will generate toward making renewable energy an even more essential component in the fight against climate change”, says Mr Bjoern Klusmann, CEO, BEE – German Renewable Energy Federation, Germany
EnergyMixx AG has signed a deal with the London Office of Deutsche Bank AG for the bank to be sole mandated lead manger to arrange and syndicate at least EUR 500 million [US $679.9 million] of non-recourse project finance senior debt for the company’s renewable energy projects in Italy.
The dates are set for the third national conference on workforce education in the renewable energy and energy efficiency fields – November 18 – 20, 2009. The conference will offer the most current information on instructional strategies, curricula development, and best practices for training.
The U.S. National Renewable Laboratory (NREL) and Applied Materials, have published the report “Renewable Energy Price-Stability Benefits in Utility Green Power Programs.”
Will 2008 be known as the “energy/cleantech election?” Will the American public side with a “Drill Now” approach, or will the public embrace commitments to new alternative and renewable energy technologies? The better question is, “Will the election bring the kinds of changes to Congress that will lead to a breakthrough in climate change and energy policy?”
Top Spanish Renewable Energy Firms Offer Technology and Investment to California During Visit This Week
Meetings With Governor’s Office, Lt. Governor and Other Officials Focus on Meeting Energy and Environmental Goals Despite Financial and Budget Crisis