Tucson Electric Power, a unit of UniSource Energy Corp, agreed to buy power from two solar energy systems to be built in Arizona that would generate enough electricity for more than 6,000 homes, the company said in a release late Wednesday.
Investors betting on renewable or clean energy and related green themes are looking for healthy and sustainable returns, but the road is full of pitfalls for the unwary, investment managers warned on Thursday.
In the game of climate poker, developing nations might feel they have the right cards on the table in U.N. talks after ramping up efforts to curb greenhouse gas output.
Major developing nations have announced steps over the past year to curb their growing greenhouse emissions as the world tries to negotiate a broader, and tougher, U.N. pact to slow the pace of climate change.
Japan's new energy minister said he aims to expand the nation's electricity feed-in tariff scheme to other energy sources beyond solar power within two years, to help meet the new government's goals to cut greenhouse gas emissions by 25 percent below 1990 levels by 2020.
Australia's futures exchange operator ASX Ltd plans to establish a futures market for renewable energy by the end of the year as the country seeks to quadruple green power generation by 2020.
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.
Venture capitalists searching for the next big green idea to invest in are being more cautious in their due diligence but are still more than willing to place risky bets in the emerging sector.
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
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.
Google Inc is disappointed with the lack of breakthrough investment ideas in the green technology sector but the company is working to develop its own new mirror technology that could reduce the cost of building solar thermal plants by a quarter or more.
Google Inc is disappointed with the lack of breakthrough investment ideas in the green technology sector but the company is working to develop its own new mirror technology that could reduce the cost of building solar thermal plants by a quarter or more.
German renewable energy company LichtBlick on Wednesday said it has teamed up with carmaker Volkswagen to bring miniature power stations for home use to the market in the spring of 2010.
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.
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.
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.
Khosla Ventures said on Tuesday it had raised $1 billion for one for renewable energy and clean technology funds, a sign that skittish investors are hot for climate-change related projects.
The U.S. Energy and Treasury Departments on Tuesday announced $503 million in government cash grants to companies developing renewable energy projects.
Solar cell maker China Sunergy Co Ltd said it signed a series of sales contracts to supply up to 10 megawatts of solar modules to NUE PTY Ltd, an Australian solar company.
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.
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.
