OnGreen, a web-based ‘green and clean’ market place, has announced a $1.4 million investment in raised from a fund that is jointly owned by Blue Marble Ventures in Los Angeles and China Southern Hong Kong Investment Ltd in Shanghai.
According to commercial counselor, Rudolf Lukavsky, Austria’s Renewable energy investments will increase, if authorized incentive programs are introduced. Austria has invested in Romania’s renewable energy projects, such as wind parks and hydro power, and is anticipating a rise in these investments.
INEOS New Planet BioEnergy, a joint venture company of INEOS Bio, declared that it has awarded an EPC contract to AMEC, a Tucker, GA-based company, to construct its bioenergy facility to be located in Southeast Florida.
Ocean Power Technologies, a New Jersey-based wave power developer, has partnered with Lockheed for developing a wave power project, either in Oregon or in California.
The Central Salt and Marine Chemical Research Institute (CSMCRI) reports that researchers have initiated a new project to explore the feasibility of commercial production of biofuel from microalgae.
On November 8, U.S. Secretary of State Hillary Clinton and Australian Prime Minister Julia Gillard announced a $50-million collaboration to augment work, that will optimize solar energy in more cost effective ways.
A joint initiative to combat climate change is being undertaken by the Unites States and Australia. The two countries will collaborate on research into solar energy with the hope of cutting the costs of harnessing it to the levels of conventional fossil fuels within the next five years.
The Aspen City officials are seeking a “conduit exemption” approval from the Federal Energy Regulatory Commission (FERC) to construct a 1.175MW conduit hydropower facility in Colorado. The approval will not give complete licenses required for the project, as it will be installed in an already available pipe or channel. The facility can be developed only after receiving the approval from FERC.
Pavilion Energy Resources (PVRE) has collaborated with LA Wind, an Idaho-based developer of wind farms, to deliver wind turbines worth $100 million for an accelerated wind farm.
The government of Punjab, India, plans to produce about 1,000 MW of green energy from livestock residues by 2015, as large quantities of cattle manure became a main pollutant in the region.
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