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New Wind Plants Planned for California, Colorado, Iowa, and Oregon Northeastern States Offering Funds for Renewable Energy Projects Hydrogen Fueling Stations Now Operating or Planned in 15 States Ethanol Industry Reaches Milestone of 100 Operating Plants DOE Offers $3.75 Million for Solid-State Lighting Research New Wind Plants Planned for California, Colorado, Iowa, and OregonA recent wave of large wind turbine orders and project announcements spanning four states suggests that wind power will continue growing strong at least through 2007. PPM Energy had previously announced orders for 500 megawatts (MW) of General Electric wind turbines over the next two years, but last week it announced another 857 MW of wind turbines on order from four major suppliers, also for the next two years. The company revealed where some of those GE wind turbines are destined: to a 100-MW wind plant near Arlington, Oregon, and a 75-MW wind plant near Lamar, Colorado. The Leaning Juniper Wind Project should start producing power for Oregon by year’s end, while the Twin Buttes Wind Power Project in Colorado will be completed in 2007. PPM Energy recently completed one of its projects, the 150-MW Elk River Wind Project in central Kansas, which is now the state’s […]
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Fair trade and beverage pioneer, Equal Exchange, has teamed up with socially progressive bank, Wainwright Bank, to raise capital, protect its independence, and create a new financial product for investors. What a great idea! Small and large investors alike can now buy a Certificate of Deposit (CD) at Wainwright Bank (Nasdaq: WAIN), the proceeds of which will go to Equal Exchange, one of the top socially responsible businesses on the planet.While other small, growing natural product brands continue to get bought up by large corporations, Equal Exchange – the Fair Trade coffee pioneers – and Wainwright Bank have created a unique, company specific CD to raise affordable capital for Equal Exchange while protecting its unorthodox structure of employee ownership. Unlike funds raised by other CDs which go into a general account at the issuing bank, and might help finance a subdivision in Miami or a hotel in Las Vegas, purchasers of the Equal Exchange Certificate of Deposit will know their investment goes to creating a line of credit dedicated to Equal Exchange’s use. To their knowledge this is the first company-specific CD to be issued in the United States. Thanks to Equal Exchange’s strong growth – it has grown 100% […]
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Cleantech investing in North America continues to gain momentum in 2006, attracting a new high of $513 million in venture capital during the first quarter of 2006. That’s an increase of 52.9% from the first quarter 2005!67 companies received funding during the quarter, up from 49 in Q1 2005. More significantly, the average deal size rose to $8.28 million, up 16.7% from Q1 2005. The cleantech equity investment category in North American venture capital remains in fifth place, ahead of semiconductors and behind only biotechnology, software, medical and telecommunications. “The data trends reflect the impact of existing global political, economic, technological and social market drivers and the increased confidence investors have in the cleantech category,” said Nicholas Parker, Chairman and Co-Founder of the Cleantech Venture Network, which released the information in The Cleantech Venture Monitor. Keith Raab, CEO and Co-Founder of the Cleantech Venture Network, pointed out that energy-related deals dominated cleantech investments for the quarter. “The $357 million invested in energy accounted for nearly 70% of all cleantech Q1 investments and 48% of the total energy investment made in 2005,” he said. “Energy generation led the other three energy areas with $154 million invested.” Cleantech investment now accounts for […]
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The "in thing" is using plants for fuel, but plants that glow and crops that clean are also the future.
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Little known fact: the recycling industry employs more people than the auto industry!
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News and Events New York State to Pursue Cellulosic Ethanol and Energy Crops Honda to Introduce New Hybrid Vehicle and Diesel Engine Tour de Sol Winners Demonstrate Fuel Efficiency and Alt Fuels Solar, Biomass, and Hydro Proposals Win Clean Energy Competition U.S. Air Force, DOE Laboratory Among Climate Protection Leaders New York State to Pursue Cellulosic Ethanol and Energy CropsThe budget for the State of New York includes an innovative $20 million program for the development of a cellulosic ethanol pilot facility, Governor George Pataki announced early this month. The pilot facility will produce ethanol from cellulosic biomass sources such as willow, switchgrass, paper mill wastes, and agricultural and forestry residues. The New York State Department of Agriculture and Markets will administer the program, using a competitive process to make the award. Currently, Iogen Corporation in Canada is the only commercial producer of cellulosic ethanol, generating about a million gallons annually from wheat, oat, and barley straw in their demonstration facility. In addition, several U.S. ethanol plants are engaged in research and demonstration projects with DOE, and DOE operates a pilot plant at its National Renewable Energy Laboratory. See the governor’s press release and the Renewable Fuels Association’s Cellulosic Ethanol […]
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News and Events New Ethanol Fuel Pumps in Indiana Company Proposes 500-Megawatt Wind Plant off the Texas Coast Three Geothermal Power Plants Moving Ahead in Nevada Kauai Pursues Biomass and Wind Power and Solar Water Heating Hybrid Sales Doubled in 2005 but are Varied Thus Far in 2006 Energy Connections Twelve Sites in Seven States Vie for FutureGen Project News and EventsNew Ethanol Fuel Pumps in IndianaEnergy Secretary Samuel Bodman visited Indianapolis, Indiana, last week to congratulate Meijer, Inc. on its plans to add E85 fuel pumps at up to 20 Meijer supermarkets. E85 is a blend of 85 percent ethanol and 15 percent gasoline and can be used in special “flexible fuel” vehicles that burn either E85 or gasoline. Currently, 656 fueling stations in the United States offer E85, up from fewer than 100 in 2001. “Flexible fuel vehicles and E85 are proven options for substituting a clean-burning renewable fuel for gasoline, and I believe it should be our common goal that E85 become a nationwide fueling option,” Secretary Bodman said. See the Secretary’s comments and the press release from the National Ethanol Vehicle Coalition (NEVC).Secretary Bodman also attended “Ethanol Day” at the Indianapolis Motor Speedway. This year, all […]
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News and Events U.S. Wind Power Growth Expected to Set New Records This Year Pennsylvania Assists Small Wind Power Developments GM, DaimlerChrysler, and BMW Preview New Hybrid Technology Northeast-Based Green Car Rally Takes on a National Flavor DOE Helps Develop an Energy-Efficient Hot Water Heater Energy and Architecture Groups Pursue Green Office Buildings Energy Connections EIA: Costly Crude Oil to Buoy Gasoline Prices Through 2007 News and EventsU.S. Wind Power Growth Expected to Set New Records This YearThe U.S. wind energy industry is on track to install a record-breaking 3,000 megawatts (MW) of wind power this year, according to the American Wind Energy Association (AWEA). More than 400 MW of new plants have already been brought online since January, including the 150-MW Shiloh Wind Farm in California, the 60-MW Spring Creek Wind Farm in Colorado, and the 60-MW first phase of the Maple Ridge project in upstate New York. In addition, Hawaii and New Jersey gained their first utility-scale wind projects, as enXco, Inc. completed a 10.56-MW facility on the Big Island and Community Energy, Inc., Babcock and Brown, and CH Energy Group, Inc. began commercial operation of the 7.5-MW Jersey-Atlantic Wind Farm in Atlantic City. The current record for […]
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Leading officials and representatives from more than 70 organizations and businesses gathered to demonstrate support for an aggressive “25 X ’25” renewable energy vision, March 7-9, at the second national Agricultural and Forestry Renewable Energy Summit. The goal of the Washington D.C. summit, sponsored by the 25 X ’25 Work Group with funding from the Energy Future Coalition, was to secure national support for the mission of producing 25% of total U.S. energy consumption from America’s working lands by 2025.More than 70 organizations endorsed the vision. Advocates led by the American Farm Bureau Federation, the National Rural Electric Cooperative Association and the National Association of Counties attended the summit. Other supporters represent renewable energy, agriculture, forest products, environmental, religious, labor, conservation and federal, state and local governments. A bipartison lineup of political powerhouses addressed the 150 attendees. Key speakers included former Tom Daschle, former Senate Democratic leader; Mike Johanns, Agriculture Secretary, Dan Arviszu, NREL director, James Woolsey, former CIA director, Governor Edward Rendell of Pennsylvania; Governor Mitch Daniels of Indiana; Tim Wirth, president of the UN Foundation; and US Senator Ken Salazar of Colorado.In coming months, the 25 X ’25 Work Group will work to gain endorsements from a majority […]
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With $435 billion in assets and over 23 million customers, Wells Fargo is the largest US-based bank still operating without comprehensive modern guidelines to govern its investment practices and corporate conduct on a broad range of urgent environmental and social issues. Case studies on DirtyMoney.org show how Wells Fargo supports radical extraction practices like clear-cutting forests and leveling mountaintops, often on public land for private profit, from Ecuador to Alaska to West Virginia. Despite persistent calls from citizen action groups, Wells Fargo has refused to incorporate new industry best practices on the environment, instead substituting PR and greenwash for action. While the company released a 10-point environmental plan significantly weaker than the industry’s best and riddled with loopholes, it has shown its true colors by investing millions of dollars in Massey Energy, a company currently under fire for destroying Appalachian communities with mountaintop coal removal, and funding an industry front group that is trying to open up roadless areas in Alaska’s valuable Tongass National Forest. Industry peers began to adopt environmental policies in 2003 to address the pressing issues of climate change, ecosystem preservation, and human rights violations. Citigroup, Bank of America, JPMorgan Chase, and Goldman Sachs have all become […]
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