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| Barclays Capital Invests in Mainstream Renewable Power |  |
| Mainstream Renewable Power, a renewable energy company led by Airtricity founder Eddie O`Connor, has announced the successful closing of a €40 million [US $59.6 million] equity fundraising in which Barclays Capital have invested €20 million [US $29.8 million] for a 14.6% stake in the company. |
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| New Geothermal Projects Planned in Europe | |
| As start-up costs for geothermal fall, the technology is gaining favor in Europe with the steep price increases of oil and greenhouse gas emission concerns. According to a new analysis from Frost & Sullivan, although global energy use from geothermal sources today only amounts to less than 1%, its previously limited use is attributed to the high start-up costs. |
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| Applied Materials Awarded Multi-Year Solar Service Contract | |
| Applied Materials, Inc. announced that it has signed a five-year service contract with Green Energy Technology Inc. (GET) of Taiwan to support GET`s Applied SunFab Thin Film Line for solar module manufacturing. Through its SunFab Performance Service program Applied will try to help reduce operating costs for GET while enabling a quick ramp to volume production. |
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| New Educational Web Site Offers One-Stop Solar Power Resource | |
| ROCKLIN, Calif., Aug. 13, 2008—SMA America, Inc., the United States division of global solar technology giant SMA Solar Technology AG, has launched www.Solar-is-Future.com. This user-friendly, educational Web site explains how solar energy can be harvested and utilized via animation, illustrations and descriptions in easy-to-understand language. At Solar-is-Future.com, visitors can research the benefits of solar power and how the sun`s abundant, clean energy can be collected through active and passive solar power systems. |
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