RENEWABLE ENERGY

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TCW buys stake in Centrica wind farms

Centrica Plc, owner of the British Gas brand, will sell a 50 percent stake in three wind farms to U.S. based TCW, signaling renewed investment interest in an industry where recession has crimped financing.

Centrica windfarm deal shows new investor interest

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Centrica Plc, owner of the British Gas brand, will sell a 50 percent stake in three wind farms to U.S. based TCW, signalling renewed investment interest in an industry where recession has crimped financing.
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Italy green boom may stutter over incentive doubts

Uncertainty over the future of generous incentive schemes is a major risk factor for the green energy sector in Italy, which has blossomed after rival Spain lost its allure by cutting down on sweeteners for investors.
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Solar recovery to start, but 2010 outlook dim

European solar equipment makers are slowly emerging from the crisis that has hit the sector, quarterly results will show, but the outlook beyond 2009 will be uncertain due to tight credit and oversupply.
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Suntech focuses on utility market with new system

Chinese solar panel maker Suntech Power Holdings Co Ltd (STP.N) said on Wednesday it will begin shipping a new solar system for large-sized projects next year, betting that the U.S. solar utility market will heat up.
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California heats up incentives for solar power

California is heating up its push for clean energy, as Governor Arnold Schwarzenegger approved a new subsidy for solar power on Monday and joined forces with the federal government to fast-track renewable energy projects.
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Solar thermal company eSolar expands in Africa

Solar thermal power company eSolar Inc said on Friday it granted South African company Clean Energy Solutions exclusive rights to represent and distribute eSolar's concentrating solar power technology across seven countries in Sub-Saharan Africa.
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California green push to staunch job losses: study

California's plan to slow climate change will boost the state economy and save hundreds of thousands of jobs at risk from rising energy costs, a study by a University of California economist said on Wednesday.
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UN says renewable energy investment down in 2009

Global investments in renewable energy technology like wind, solar and hydroelectric power have slid dramatically this year as the economic crisis limited government and private funds for new projects, the United Nations said on Wednesday.
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UK expects $160 billion offshore wind investment

Britain expects around 100 billion pounds ($159 billion) of investment in a third round of offshore wind projects by 2020 and about 5 billion in its Pentland Firth marine energy scheme, the agency in charge of the coastal seabed said.
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EU steps up energy technology race with U.S., Asia

Europe has launched a campaign to triple funding for energy research to 8 billion euros ($11.7 billion) a year in a technology race with China, Japan and the United States, but said industry would have to pay the bulk.
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PG&E signs new power agreements

California utility Pacific Gas and Electric said on Thursday that it has signed power agreements for more than 2,000 megawatts, boosting its use of energy from solar resources and natural gas.
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APS, Starwood end Ariz. solar power purchase deal

Arizona Public Service said late Wednesday Starwood Energy Group Global LLC terminated a long-term power purchase agreement on Starwood's proposed 290-megawatt concentrating solar power plant in Arizona.
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Follow the money to green power

A green power building spree is on the way, and much of it will be brought to you by the same people who built the nuclear and coal-fired power plants that keep the lights on now.

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