RENEWABLE ENERGY

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Schwarzenegger boosts clean energy plan

California's governor on Tuesday ordered that a third of the state's electricity come from renewable resources by 2020, the same amount as a legislature plan but with promises to let power companies get more electricity from outside the state.

California lawmakers pass tougher clean energy goals

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A bill that would power up California's already ambitious effort to shift to cleaner, renewable energy has cleared the state legislature, but it was uncertain if Governor Arnold Schwarzenegger would sign it
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U.S. funding brightens outlook for green

U.S. infusion of federal funds into clean technology projects has prevented the collapse of many green firms, revived enthusiasm and is now generating optimism for the emerging sector in 2010.
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Suntech says solar demand has turned up

Global demand for solar power has improved substantially in the last month, led by top solar market Germany, Suntech Power Holding Co Ltd Chief Strategy Officer Steven Chan said on Tuesday.
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Efficiency and waste to drive green tech sector

European investors are returning to green technology stocks after switching to safer investments earlier in the recession, and companies involved in energy efficiency and biofuel production show the most potential.
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Khosla raises $1 bln for renewables, clean tech

Khosla Ventures said on Tuesday it had raised more than $1 billion for renewable energy and clean technology funds, a sign that skittish investors are hot for climate-change-related projects.
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China's BYD says Buffett wants to raise stake

U.S. billionaire Warren Buffett intends to raise his stake in Chinese electric car and battery maker BYD Co Ltd , BYD's chairman said on Monday, sending shares in his company up 8 percent.
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Europe's Saharan power plan: miracle or mirage?

A 400 billion euro ($774 billion) plan to power Europe with Sahara sunlight is gaining momentum, even as critics see high risks in a large corporate project using young technology in north African countries with weak rule of law.
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Suntech trims shipment forecast, shares fall

Suntech Power Holdings Co Ltd posted a higher-than-expected second-quarter profit on Thursday but trimmed its full-year forecast for shipments and said prices on solar panels were still falling sharply, sending shares down 3 percent.
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S.Korea hopes to become Asia's carbon trading hub

South Korea, one of the world's fastest growing polluters, said on Wednesday it hopes to become Asia's trading hub for carbon emission certificates and related products under its plan for a new carbon exchange from 2011.
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Solar cell production seen growing 56 percent in 2009

Solar cell manufacturing capacity will grow 56 percent in 2009 despite weakened demand for renewable energy projects in the face of tight credit markets and a global economic recession, a report issued on Monday by research group DisplaySearch said.
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China starts building first 10-GW mega wind farm

China started construction of the country's first 10-gigawa wind power base in Jiuquan of northwest Gansu province on Saturday as Beijing seeks more clean power to fuel its fast economic growth.
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UK waste company seeks cash to develop energy

UK-based waste treatment company New Earth Group aims to raise 15 million pounds ($25.14 million) to diversify into power generation and says it can generate 20 percent-plus returns under new incentives.
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China to unveil plan for new energy by year-end

Coal-dependent China will unveil a plan to foster the development of new energy sources, including wind, solar and nuclear, by the end of this year, state media on Monday quoted a senior energy policy official as saying.
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Ethanol industry wants U.S. cars alt-fuel ready

The ethanol industry called for requirements that all vehicles sold in the United States accept the renewable gasoline substitute as part of a push to slow global warming and provide jobs at home.

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