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ACCIONA to Build World's Largest Photovoltaic Plant in Portugal

Spain’s Acciona will build and operate the largest photovoltaic solar plant in the world, a 62 MW plant in southern Portugal. The plant will have six times the capacity as the next largest plant. With a Euro 200 million investment, construction of the plant will occur in two stages. The first 40-45 MW will be built by 2008 and the remaining by 2010. The plant will produce 91 million kWh per year, making Acciona the world’s leading owner of photovoltaic assets. Acciona will construct a photovoltaic panel manufacturing plant there with 24MW of production capacity. The company will contribute Euro 3,500,000 to a municipal fund to develop the infrastructure required.

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Ethanol Rush Running Out of Gas

URL: http://money.cnn.com/2006/09/21/markets/ipo/ethanol/index.htm?source=yahoo_quote Website: http://money.cnn.com/2006/09/21/markets/ipo/ethanol/index.htm?source=yahoo_quote     

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$1 Billion Clean Technology Investment Goal Eclipsed

The Investor Network on Climate Risk (INCR) announced that its members have allocated more than $1 billion of their assets to clean technology ventures over the past 18 months. Pennsylvania State Treasurer Robert Casey Jr. pledged $90 million of state funds to a new Keystone Green Fund and other clean technology investments – that brings INCR’s total clean technology investments to more than $1 billion since spring 2005. California’s two largest pension funds have led the way, along with state treasurers and comptrollers from New York and Oregon. All are members of INCR, a three-year-old alliance of 50-plus leading investors whose collective assets total more than $3 trillion. The Cleantech Venture Network forecasts that cleantech venture capital investment opportunities for major institutional investors globally through 2009 are estimated at $17 billion, with $10 billion in North America, $5 billion in Europe and $2 billion for the rest of the world. “Cleantech now resides with the heavyweights in the world of innovation and investing,” said Nicholas Parker, co-founder and chairman of the Cleantech Venture Network. “The $843 million in cleantech deals tracked by the Cleantech Venture Network in second-quarter ’06 totaled 12.4 percent of overall venture investment, placing cleantech behind only […]

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Clinton's Roadless Rule Back in Place

URL: http://www.oregonlive.com/news/oregonian/index.ssf?/base/news/115880914115780.xml&coll=7 Website: http://www.oregonlive.com/news/oregonian/index.ssf?/base/news/115880914115780.xml&coll=7     

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DOE Releases Climate Change Technology Program Strategic Plan

The U.S. Department of Energy (DOE) has released the Climate Change Technology Program (CCTP) Strategic Plan, which details measures to accelerate the development and reduce the cost of new and advanced technologies that avoid, reduce, or capture and store greenhouse gas emissions. Said U.S Secretary of Energy Samuel Bodman, “This Strategic Plan is unprecedented in its scope and scale and breaks new ground with its visionary 100-year planning horizon, global perspective, multi-lateral research collaborations, and public private partnerships.” The CCTP Strategic Plan organizes roughly $3 billion in federal spending for climate technology research, development, demonstration, and deployment to reduce greenhouse gas emissions and increase economic growth. It provides a long-term planning context, taking into account many uncertainties, and establishes principles for formulating research and development portfolios to identify areas for reductions in greenhouse gas emissions and highlights an array of technology strategies and investment criteria. The Plan complements other Administration efforts including short-term measures to reduce greenhouse gas emissions intensity, advance climate change science, and promote international cooperation through partnership including the Asia Pacific Partnership on Clean Development and Climate, Methane to Markets Partnership, and the International Partnership for a Hydrogen Economy. The Plan sets six complementary goals: (1) reducing […]

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