GE Energy Financial Services announced today it has exceeded $10 billion in renewable energy investment commitments worldwide to become one of the industry’s leading investors. The projects generate twice the electricity consumed in Los Angeles annually, avoid greenhouse gases equivalent to the annual car emissions in Massachusetts, and create an estimated 10,000 US jobs.
Today the Export-Import Bank of the United States (Ex-Im Bank) awarded its Renewable Energy Exporter of the Year distinction to a major supplier in the wind power market, Gamesa Wind US, LLC. Gamesa's wind turbines generate electricity in 42 countries, and its sales of American-made machinery support hundreds of U.S. jobs, according to the Departments of Commerce and Labor. The award was presented at the Bank's Annual Conference in Washington, D.C.
GE unit GE Energy Financial Services and Welspun Renewables Energy Pvt. Ltd. (WREPL) announced today a partnership to expand solar energy generation in India. GE Energy Financial Services is making its first investment in a solar power project in India, funding US $24 million for a 151 (DC)-megawatt solar photovoltaic power project that WREPL, one of India’s leading clean energy generating companies, put into operation in August 2013, almost eight months ahead of schedule.
A new report from the Geothermal Energy Association (GEA), released today at the organization’s International Geothermal Showcase in Washington, D.C., reveals the international power market is booming, with a sustained growth rate of 4% to 5%.
Renewable Energy Group, Inc., today announced it has reached a new milestone, having sold a cumulative one billion gallons of advanced biofuel during its 17 year history.
Astrum Solar, a leading national full-service residential solar provider, and Ethical Electric, a renewable energy provider that connects consumers to 100% renewable energy in minutes with no change in their monthly payment routine, today announced a partnership that will cross-promote each company's offerings into their installed base. Customers of both companies will soon be able to take advantage of complementary renewable energy offerings.
SunEdison, a leading solar technology manufacturer and provider of solar energy services has interconnected a 20-megawatt AC (alternating current) solar plant in Kern County, California. The project, known as the Adobe Solar Facility, is owned by Southern Company subsidiary Southern Power and Turner Renewable Energy and is composed of 80,000 SunEdison Silvantis™ Solar PV (photovoltaic) modules.
Phoenix Energy announced it has signed agreements to build and operate a biomass gasification plant near Lake Tahoe, California. The 2-megawatt plant will utilize forest biomass from Placer County's fire threat reduction activities to make electricity, heat and biochar - a solid carbon byproduct that is used as a soil conditioner and filter media.
The home of a Sheffield Hallam University lecturer is in the running to be named the UK's best eco property.
SC Johnson announced that its innovative use of renewable energy in Indonesia cut more than 13,000 metric tons of greenhouse gas emissions last year. Using waste products as an energy source, the company's innovative use of biofuels at its Medan and Surabaya facilities demonstrates the company's commitment to minimizing its environmental footprint and contributes to its overall reduction in greenhouse gas emissions.
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