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Green Energy News for 29-04-2007

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Labor loans for green homes View Articles
Labor pledges $10,000 interest-free loans for solar panels, rainwater tanks and other green renovations.
Canada to Build 40MW Solar Power Plant View Articles
IceDiver writes "According to an article in the Toronto Star, an Ontario company has been given approval to build a 40MW solar power plant near Sarnia in Southwestern Ontario. This is enough power for about 10,000 homes. The plant will cover 365 hectares (1.4 sq. miles) and is to be operational by 2010. OptiSolar, the company building the plant, claims to have developed a way to mass produce the solar panels at a dramatically reduced cost, making the plant competitive with other forms of power generation. `Compared to coal, nuclear power, even wind, solar`s squeaky-clean image comes at a high price. OptiSolar is selling the electricity to the province under its new standard offer program, which pays a premium for electricity that comes from small-scale renewable projects. In the case of wind, it`s 11 cents per kilowatt-hour. Solar fetches 42 cents per kilowatt hour, nearly four times as much.`"Read more of this story at Slashdot.
Affordable solar power brings light to India View Articles
A thriving market for household solar panels has sprung up in India, with the help of a United Nations programme
Solar loans light up rural India View Articles
Thousands of people in rural India have used an innovative loan scheme to install solar power units, the UN says.
Venture Capital Rushes Into Alternative Energy View Articles
Money is flowing into alternative energy companies so fast that ?the warning signs of a bubble are appearing,? according to a report on investment in clean technology.
Labor offers cheap loans to green homes View Articles
"How do you fund getting solar panels on your roof? How do you cope with the upfront costs of doing it? How do you cope with the upfront costs of getting a water tank for your house?" Low interest loans offered to working families Rudd says is `practical solution` to greenhouse gas Predicts up to $2bn of green-inspired investment FAMILIES will be able to borrow up to $10,000 in low interest ... via News.com.au
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