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| Connecticut Clean Energy Fund Advances Five Renewable Energy Projects |  |
| Rocky Hill, Conn., Sept. 16, 2008– The Connecticut Clean Energy Fund Board has screened and selected five renewable energy projects to forward to the Department of Public Utility Control (DPUC) for consideration of a long-term Electric Purchase Agreement (EPA) under Round 3 of Project 150. Seven projects in total were reviewed and evaluated under a 4-step review process implemented by the Connecticut Clean Energy Fund. All seven projects will undergo additional evaluation by the state`s two electric distribution companies, the Connecticut Light and Power Company (CL&P) and the United Illuminating Company (UI). This was the third round of projects selected through Project 150, an innovative program created by the Connecticut General Assembly to develop not less than 150 megawatts (MW) of renewable energy generation in Connecticut. |
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| Berkeley Approves City-Backed Loans for Solar Panels | |
| The loans, offered to to property owners who install rooftop solar-power systems, would be paid off over 20 years as part of the owners? property-tax bills.
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| SolarReserve Raises $140M | |
| Santa Monica-based SolarReserve, a developer of utility-scale, renewable energy solar power plants, said today that it has raised $140M in a Series B funding round. |
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| New England govs and Canadian leaders talk power | |
| With fuel prices soaring, energy was the hot topic at a meeting of governors from energy-hungry New England states and leaders in eastern Canada, where there`s a surplus of energy.The leaders of six states and four of the five provinces were told there`s plenty of electrical energy on line or on the drawing board, but getting it to market is another story.New England and eastern Canada have significant renewable energy portfolios that can cut into greenhouse gas emissions, said Ed Martin, chief operating officer of Newfoundland and Labrador Hydro. |
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| Spire to Provide Turnkey Solar Module Manufacturing Line in India | |
| BEDFORD, MA – September 17, 2008 – Spire Corporation (Nasdaq: SPIR), a global solar company providing turnkey solar factories and capital equipment to manufacture photovoltaic modules worldwide, today announced that it has received a contract from GreenBrilliance to provide a turnkey photovoltaic module assembly line for that company`s operation in India. |
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| House Passes Renewable Tax Credit Bill, Senate Version Could Soon Follow | |
| Late last night, the U.S. House of Representatives passed H.R. 6899, a bill that contains extensions for the Production and Investment Tax Credits (PTC and ITC) for renewable energy, by a vote of 236-189. |
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| SolarReserve Gets US $140M Series B Funding | |
| SolarReserve, a developer of utility scale solar power plants, announced that it has closed a second round of funding totaling US $140 million. The new funds will enable the company to move forward with the development of more than 5,000 MW of utility scale power plants in locations across the globe. |
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| Meridian Announces Strategic Financing | |
| Meridian Energy Systems Inc. announced the completion of a strategic round of equity financing from a consortium of investors in the renewable energy and traditional energy industries. The company specializes in the design and implementation of commercial and residential solar electric projects for its customers. |
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| TPI Composites Opens Iowa Wind Blade Plant | |
| TPI Composites, a provider of blades for wind turbines, has officially opened its 316,000-square-foot Newton, Iowa production facility. The newly-built plant will manufacture high-performance wind turbine blades for distribution in the U.S. |
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| If Congress Extends ITC, 440,000 Solar Jobs Will Be Created, Study Says | |
| Navigant Consulting released the results of its new economic study this week indicating that more than 1.2 million employment opportunities and US $232 billion in investment would be supported by the U.S. solar energy sector alone through 2016 if Congress extends the solar investment tax credit (ITC) for 8 years. |
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| Mich. Universities boost alt. energy research | |
| Michigan`s three main research universities were granted more than $79.5 million for alternative energy research and development in 2007, according to a study to be released Wednesday. |
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| SMA America to Unveil New Products at Solar Power International Conference | |
| ROCKLIN, Calif., Sept. 17, 2008—SMA America, Inc., the United States subsidiary of global solar technology giant SMA Solar Technology AG, will unveil its newest, most innovative products at the Solar Power International conference, scheduled Oct. 13-16 at the San Diego Convention Center. In addition to exhibiting its next generation Sunny Central 250U commercial inverter and Sunny Island 5048U inverter, SMA America will further demonstrate its commitment to promoting renewable energy solutions at all levels by officially launching two educational Web sites: Solar-is-Future.com and Solar-is-Future.com/Kids. At booth number 1031, SMA America also will provide a sneak peak of its residential inverter of the future. |
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| Yellowstone tries to balance cell phones, nature | |
| Yellowstone National Park officials, attempting to balance competing demands for cell phone service and preserving the park`s tranquility, have released a draft plan to guide the development of wireless services within the park. |
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