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| Sen. Finance Committee Adds Renewable Energy Tax Credits to Stimulus Bill |  |
| On Wednesday, the Senate Finance Committee included measures to extend the Production Tax Credit (PTC) for renewable energy through the end of the 2009 in its version of an economic stimulus package originally proposed by President Bush. Under the Committee`s bill, wind companies would receive a tax credit, currently 2 cents per kilowatt-hour of electricity generated, for each new wind turbine that goes into operation through 2009. The tax credit, which also would apply to electricity from solar, geothermal and other sources as well as energy-efficiency rebates, would cost approximately $5.5 billion. The measures were introduced to the committee by Sen. Charles Grassley (R-Iowa). |
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| SunEdison Constructs PV Plants in Spain | |
| SunEdison, has started construction on 7 megawatts (MW) of photovoltaic (PV) solar power plants in Spain with joint venture partners Sunergy and Blue-Green Capital. The four ground-mount solar power systems will be completed by the third quarter of 2008. |
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| OCR Solar & Roofing and BP Solar Expand Relationship | |
| OCR Solar & Roofing and BP Solar, a global leader in solar energy, today announced an expanded agreement to provide turn-key solar installations to production homebuilders throughout Northern and Central California. Within the framework of the expanded agreement, valued at over $10 million, OCR Solar & Roofing will receive the exclusive right to offer BP Solar`s market-leading EnergyTile roof-integrated solar modules to production homebuilders in Northern and Central California. In addition, OCR Solar & Roofing will also offer BP Solar`s low profile Integra® framing system for asphalt shingle roofs |
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| SunEdison and Constellation Energy Sign Solar Renewable Energy Credit Agreement in Maryland | |
| SunEdison, North America`s largest solar energy services provider, today announced a 15-year agreement to sell Constellation Energy Commodities Group, Inc., a subsidiary of Constellation Energy (NYSE: CEG), an estimated four megawatts (MW) of solar renewable energy credits in Maryland. |
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| Wal-mart and BP Solar Bring the power of the Sun to Palm Desert and Palm Springs | |
| Wal-Mart Stores, Inc. (NYSE:WMT) and BP Solar today announced the completion of a 591.6 kilowatt (kW) solar power system at the Sam`s Club in Palm Desert and the plans for a 605.88 kW solar system at the Wal-Mart store in Palm Springs. The systems will provide up to 30 percent of the power for each store. |
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| MGE Expands Wind Program and Lowers Premium | |
| Madison Gas and Electric (MGE) announced that it has entered into agreements for an additional 75 MW of wind energy and is expanding its voluntary green power program. Under the utility`s new Green Power Tomorrow program, customers can purchase wind energy for 50% or 100% of their electricity needs or in 300-kWh monthly increments at an extra cost of 1¢/kWh above standard electricity rates. The new program replaces the utility`s former Wind Power Program and offers wind energy at a ... |
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| A Green Energy Industry Takes Root Under the California Sun | |
| Solar power is booming in California, the product of billions of dollars in investment and mountains of enthusiasm. |
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