RENEWABLE ENERGY

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U.S. may become largest green market: E.ON exec

The United States may become the largest market for renewable energy for E.ON, the world's largest utility by sales, within six years, the head of the company's green energy unit told Reuters in an interview.
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AEP sees carbon capture from coal ready by 2015

Technology to capture carbon emissions from coal-fired power plants and store them underground will be ready by 2015 and could be in wide use in the United States by 2020, according to the top executive at American Electric Power Co Inc.
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Cal PUC approves SCE 500-MW rooftop solar program

A program to place 500 megawatts of solar photovoltaic panels on commercial rooftops in the Southern California Edison territory was approved unanimously by the California Public Utilities Commission on Thursday.
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California utility cuts new solar thermal deal

Southern California Edison, a utility arm of Edison International, said on Wednesday it had signed contracts to buy up to 960 megawatts of power from solar thermal and wind power suppliers.
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U.S. western states gain key support for renewable energy

U.S. western states got the support from key Obama Administration officials on Monday to speed up the development of a solid renewable energy system in the region, at the Western Governors Association annual meeting at Park City, Utah today.
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Beijing plans subsidized pricing for solar power

Beijing is expected to unveil subsidized prices for solar power production as soon as the second half of the year, the South China Morning Post reported on Monday, citing an industry official.
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California sees big costs to renewable power plan

California on Friday forecast high costs for the most ambitious clean energy plan in the nation, including a 28 percent rise in electricity rates and $115 billion in construction if the state wants to get a third of its electricity from renewable sources by 2020.
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NRG Energy, eSolar plan solar plant in New Mexico

NRG Energy and eSolar will build a 92-megawatt solar thermal power plant in New Mexico, part of an effort to place 500 MW of solar power in California and the U.S. Southwest, the companies announced on Thursday.
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China moves to combat climate change

China is formulating a plan for development of renewable energy, as pressure mounts from Washington for lowered green house emissions to fight the specter of a warming planet.
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U.S. solar financing set to rebound: experts

Financial players who abandoned U.S. solar energy projects last year during the throes of the banking crisis are beginning to return, potentially setting up a boom of new deals by the end of the year, several solar investors said on Wednesday.
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U.S. green economy needs plan to hit potential: study

The United States should pass a comprehensive energy plan to ensure the number of jobs in environmental fields, such as renewable energy and cutting air pollution, will keep rising as they did in the decade to 2007, a Pew report said on Wednesday.
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Google closing in on cheap renewable energy goal

Google Inc is closing in on its goal of producing renewable energy at a price cheaper than coal, the company's so-called green energy czar, the engineer in charge of the project, said on Tuesday.
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Hi-tech renewables to fight for EU low carbon fund

The European Commission will allow a range of advanced renewable energy technologies to compete for funding that had originally been proposed for Carbon Capture and Storage (CCS) pilot plants, a new document shows.
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High-earning green sector workers feel safe in jobs

The economic downturn has claimed the jobs of tens of millions worldwide but most in the thriving climate change sector feel just as safe in their jobs, if not more so, than they did a year ago, a new Reuters survey shows.
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U.S. lawmakers seek more nuclear power in bill

U.S. lawmakers on Thursday sought to increase incentives for nuclear power and energy efficiency in a measure that would require utilities to generate a certain amount of electricity from renewable sources.
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Clean energy depends on wider economy growth

Clean energy has strong guaranteed government backing in long-term subsidies but its future growth hinges on wider economic recovery and European targets are in doubt, senior energy executives told Reuters Energy Summit.
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New clean energy 2009 investment seen sharply down

New investment in clean energy will total $95 to $115 billion in 2009, representing a drop of 26-39 percent from last year's total of $155 billion, data published by research group New Energy Finance showed on Friday.
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Renewables could take further hit: fund

Renewable stocks are likely to give up gains again after having recovered since March, but financially strong companies such as SMA Solar and SolarWorld will be hit less harder than others, according to fund firm Swisscanto.
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Geothermal heat pump projects to get U.S. gov't funds

U.S. Energy Secretary Steven Chu announced Tuesday that his agency will grant nearly $50 million from the government’s economic stimulus package funds to advance commercial deployment of geothermal heating pumps.

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