Former Bridgelux CEO Mark Swoboda Takes the Reins at Intematix

According to the press release, “Intematix, a leading innovator of patented phosphors for high quality LEDs, today announced the appointment of Mark Swoboda as chief executive officer. Swoboda, one of the LED industry’s most successful leaders, has been a pioneer in lighting with a track record that spans 27 years. Swoboda will guide Intematix as [...]

Cosan and Shell sign joint venture

According to the press release, “London and São Paulo, August 25, 2010 – A US$12-billion joint venture between Shell International Petroleum Company Limited (Shell) and Cosan S.A. (Cosan) moved closer to reality today when the two companies signed binding agreements. The proposed joint venture, which still requires regulatory approval, will produce and commercialize ethanol and [...]

Silver Spring Networks Announces Contract Extension with FPL

According to the press release, “Silver Spring Networks, a leading Smart Grid solutions provider, announced today a multi-year extension of its agreement to provide managed services to Florida Power & Light Company (FPL), the largest electric utility in Florida and one of the largest rate-regulated utilities in the United States. Under the terms of the [...]

Japan to subsidize energy-efficient plants: report

According to Reuters, “Japan’s government plans to subsidize domestic plants producing clean-energy and energy-efficient goods under steps to support the slowing economy, the Nikkei newspaper said, as the murky outlook keeps firms from boosting spending at home. A strong yen is putting additional pressure on Japan’s fragile economy, which is already seeing slowing growth and [...]

Magma Energy Purchases of a Further Interest in Icelandic Geothermal Energy Producer

According to the press release, “Magma Energy Corp. (TSX: MXY) announces that its wholly-owned subsidiary, Magma Energy Sweden A.B., today has closed a portion of a previously announced agreement to acquire further shares of Iceland geothermal company HS Orka hf. Magma Sweden now holds an 84.21% interest in HS Orka. The acquisition was originally announced [...]

GM and Bright Automotive Announce Strategic Relationship

According to the press release, “Bright Automotive and General Motors Co.  announced Tuesday they have agreed to pursue a strategic relationship and that GM has  provided funding to the Indiana automaker, the first  funding action by the newly formed General Motors Ventures LLC. The funding will help accelerate Bright’s production of the IDEA, a revolutionary [...]

Finavera Renewables Signs $7.5 million Joint Development Agreement with GE Energy

According to the press release, “Finavera Renewables Inc. (‘Finavera Renewables’ or the ‘Company’) (TSX-V: FVR) is pleased to announce it has entered into a project development partnership with GE Energy, a business unit of GE. Under the terms of the Joint Development Agreement (JDA), GE will provide Finavera Renewables with project development funding up to [...]

U.S. Commerce Secretary Gary Locke Kicks Off Clean Energy Biz Dev in Hong Kong

According to the press release, “U.S. Commerce Secretary Gary Locke arrived in Hong Kong today for the first stop of a clean energy business development trade mission to promote exports of leading U.S. technologies and services related to clean energy, energy efficiency, and electric energy storage, transmission and distribution. The mission will continue through May [...]

Molycorp Announces Plans for an Initial Public Offering

According to the Press Release, “Molycorp, Inc., whose wholly owned subsidiary, Molycorp Minerals, LLC, is a U.S. rare earth producer and technology company, today announced that it plans to file a registration statement with the U.S. Securities and Exchange Commission for a proposed underwritten initial public offering of its common stock. The filing of such [...]

Amyris Biotechnologies Secures Investment from Temasek Holdings

According to the Press Release, “Amyris Biotechnologies, Inc. announced today that Temasek Holdings has invested $47.8 million into the company. Amyris intends to use these funds to support commercial plant design and construction activities as well as ongoing operations in the U.S. and Brazil. “We are privileged to welcome Temasek as a significant investor, and [...]

TD Bank Goes Carbon Neutral

Last month, TD Bank announced itself as the largest bank to go carbon neutral in the United States. To achieve this TD Bank has built greener buildings with lower energy consumption and invested heavily in renewable energy. TD bank has also pledged to develop LEED(Leadership in Energy and Environmental Design) certified stores throughout the nation. [...]

Carbon traders fear pink slips

Reuters reports that, “Wall Street was supposed to become the capital of a global carbon trading market worth a trillion dollars a year but now many who thought green trading desks would be the next big thing are fearing the pink slip. U.S. banks had looked forward to a huge “cap-and-trade market” a system where [...]

First Solar Signs Contract with PG&E for 300 MW Photovoltaic Solar Power Project

According to First Solar, “First Solar, Inc. (Nasdaq: FSLR) today announced a power purchase agreement to supply Pacific Gas and Electric Company with renewable electricity from a 300 megawatt (AC) utility-scale photovoltaic solar power facility that First Solar is developing in Southern California. The Desert Sunlight project, to be located near Desert Center in eastern [...]

Hopes for $2 trillion global carbon market fade

According to Reuters, “Investors are becoming less convinced that a global carbon market, estimated to be worth about $2 trillion by the end of the decade, can be established as uncertainty over global climate policy persists. The absence of legally binding global climate deal and a federal emissions trading scheme in the United States are [...]

Marks & Spencer launches programme to be World’s most sustainable retailer by 2015

According to the Press Release, “Marks & Spencer (M&S) announces a programme to be the world’s most sustainable retailer by 20151, launching 80 major new commitments under M&S’ eco and ethical plan, Plan A. The new commitments will mean we ensure all M&S products become ‘Plan A products’ with at least one sustainable quality, enable [...]

Google Energy – Google can now sell energy

Google has taken many steps to enter into the energy business. First they dipped their toes in Google PowerMeter. After that they created Google.org which invests in renewable research and development. They now created a new Google entity called Google Energy, LLC. This new entity filed at FERC to become a wholesale power marketer. There [...]

Obama Administration Announces Loan Guarantees to Construct New Nuclear Power Reactors in Georgia

According to the White House press release, “Underscoring his Administration’s commitment to jumpstarting the nation’s nuclear power industry, President Obama today announced that the Department of Energy has offered conditional commitments for a total of $8.33 billion in loan guarantees for the construction and operation of two new nuclear reactors at a plant in Burke, [...]

Wally Hermès Yacht – A Green Yacht

The Why Yacht. The designer has teamed up with Hermès to create a luxury green yacht with breathtaking views. It offers a 200 square meter master suite and a 30 meter opening stern. Some neat green features include 900 square meters of solar panels. In addition, there is a diesel-electric propulsion system designed to save [...]

Eco Tycoon: Project Green

Hey all you gamers out there: are you fed up with the way that the government tries to run your lives? Do you think that you could do it better? Are you upset that your elected representatives don’t have the proverbial “stones” to make the big decisions that our country needs to come together and [...]

Top Ten Select Smart Grid Firms

Smart Grid is on the rise, especially with governments and corporations trying to be more efficient and cut down on costs and create jobs. 1. Silver Spring Networks 2. Itron 3. Echelon 4. Tendril 5. General Electric 6. eMeter 7. EnerNOC 8. Austin Energy 9. IBM 10. NKG Insulators

A loss for First Solar

First Solar, one of the premier solar power companies has taken a few hits lately. One of their most recent issues has led to the stopping of one of their projects in Colorado, United States. In Colorado, First Solar was to build a 150 Mega-watt solar facility in the high desert of the San Luis [...]

Shenyang Power, US-REG and Cielo Wind Sign Definitive Agreement for 600 MW West Texas Wind Farm Project

According to the Press Release, “A-Power Energy Generation Systems, Ltd. (Nasdaq: APWR) (“A-Power” or “the Company”), a leading provider of distributed power generation (“DG”) systems in China and a fast-growing manufacturer of wind turbines, today announced that Shenyang Power Group (“SPG”), the U.S. Renewable Energy Group (“US-REG”) and Cielo Wind Power LP (“Cielo Wind”) have [...]

Governor Deval Patrick announced National Grid and Cape Wind agree to negotiate

According to the Press Release, “Governor Deval Patrick today announced that National Grid and Cape Wind have agreed to enter into negotiations for a long-term contract under which the utility would purchase the electricity generated by Cape Wind. Such a Power Purchase Agreement will be a critical requirement for financing the proposed wind farm in [...]

GREEN BUSINESS: Nature’s Calling to General Motors?

Green, being the word of the day applies itself to every industry due to regulations and consumer demand for cleaner products. In the case of General Motors (GM), the only green they may ever see could be in the form of the grass that is covering their new home 6 feet under the ground in [...]

Nocturnal Solar Power Plant

The renewable energy front has made tremendous strides in the last decade which is no more evident than in the new solar power plant that transcends its very own definition. A solar power plant that harnesses energy long after the sun has set. In Santa Monica, CA a solar company called SolarReserve is working tirelessly [...]

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