Solarlife News (solarlifecapital)

$1bn U.S. Energy Dep. supports 3 Carbon trap projects for coal plants

posted by Solar Life [ updated ]

Energy Secretary Steven Chu: $979m

The companies that will receive funding are: American Electric Power Co,

Southern Company Services, Inc, and Summit Texas Clean Energy, LLC.

O AEP to receive $334m coal carbon capture storage underground

O Southern Company to receive $295 ""

O Summit Texas to receive $350m "" + oil recovery operations

source: reuters.com

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$1bn Hudson Clean Energy reaches Solar and Cleantech investment target

posted by Solar Life [ updated ]

Wind to power systems-Madrid; Calisolar; SoloPower

Hudson Clean Energy Partners, a New York-based private equity firm, The fund, Hudson Clean Energy Partners, L.P., is the debut fund for the firm.

Hudson named Wind to Power Systems, a Madrid-based electronics concern that

enables the connection of renewable energy sources to the electrical grid; CaliSolar, a solar wafer and cell manufacturer that has an innovative cost structure; and SoloPower, a solar power module builder, as three of its investments

source: solar.coolerplanet.com | compete.org

Neil Z. Auerbach

Mr. Auerbach is founder and Managing Partner of Hudson.

Formerly, Mr. Auerbach was a Partner at Goldman Sachs & Co.

where he was co-founder of the U.S. alternative energy

investment business within the Special Situations Group

.

Jumpstarting Energy Infrastructure & Manufacturing CNBC Video >

Neil Z. Aurbach ( full size video )

Renewable energy:

Manufacturing economy

developing workforce

for service jobs

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$2bn Babcock Ranch 75MW solar florida village to start 2010

posted Nov 21, 2009 2:37 AM by Solar Life [ updated Nov 21, 2009 2:59 AM ]

Construction starts 2010, $2bn

Construction on Babcock Ranch infrastructure should begin in 2010

and construction on buildings and homes is scheduled to start in 2011.

The project will cost about $2 billion to complete.

source: naplesnews.com

Babcock Ranch 50.000 people will live solar powered city

Plans for Babcock Ranch include 19,500 homes in neighborhoods

situated around a city center. Population at build-out is

expected to reach 45,000. Approximately 6 million square feet

of commercial and civic space is also planned.

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$800 mln, StanChart intents to invest in Asia Renewable deals

posted Nov 20, 2009 4:01 PM by Solar Life [ updated Nov 20, 2009 4:24 PM ]

Standard Chartered Plc to invest in renewable energy projects

in Asia worth over $800 million.

"We provide debt, advisory and equity across the sector," Brad Sterley,

director of the bank's renewable energy and environmental finance team

The projects include a solar manufacturing venture in China worth up to $500 million and a $300 million

geothermal energy project in Indonesia. "We see some opportunities in wind, solar and water,"

Sterley said the bank also planned to invest in a solid waste-to-energy project

in China and a wind and a solar power venture in India.

$10bn pledged for Cleantech 2007

The projects are on top of financing worth up to $10 billion for clean technology

which the bank plans to mobilize under its commitment with the Clinton Global Initiative in 2007.

The bank has so far tapped half of the committed financing, but is targeting putting all the funding

to work in markets including Asia, Africa and the Middle East by 2012.

"We see growing opportunities in waste, and hydropower is another significant subsector,".

He said many of the technologies in the renewable space such as solar thermal could present

growth opportunities going forward as they become more commercialized.

source: reuters.com

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$400bn, Desertec Solar power from Sahara to Europe starts 2015

posted Nov 2, 2009 8:17 AM by Solar Life [ updated Nov 2, 2009 8:45 AM ]

Nov-1-2009 Munich Germany

$400bn plan to provide Europe with solar power from the Sahara

moved a step closer to reality today with the formation of a

consortium of 12 companies to carry out the work.

15% Clean Sahara electricity for Europe 2050

The Desertec Industrial Initiative (DII) aims to provide 15% of Europe's

electricity by 2050 or earlier via power lines stretching across the

desert and Mediterranean sea.

The German-led consortium was brought together by Munich Re, the world's

biggest reinsurer, and consists of some of country's biggest engineering

and power companies, including Siemens, E.ON, ABB and Deutsche Bank.

It now believes the DII can deliver solar power to Europe as early as 2015.

source: guardian.co.uk/business

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Euro 120m Loans for Small Renewable Energy Businesses in South Africa by French AFD

posted Oct 28, 2009 3:08 AM by Solar Life

In South Africa the AFD will work with the commercial banks

to transfer the carbon calculator tool technology as well

as the knowledge required to use it. In this way they will

be better placed to assess the climate change impact of the

development projects they put in place. source: Reuters.com

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$3.4bn White House Trumpets Clean Energy Blitz, Obama-Biden-Al Gore

posted Oct 27, 2009 4:06 PM by Solar Life [ updated Oct 27, 2009 5:41 PM ]

Clean-energy Blitz Florida (1) Smart grid and smart meters - Obama

ARCADIA, Fla. -- The Obama administration launched a clean-energy blitz Tuesday,

with Vice President Joe Biden traveling to his home state of Delaware to open an

electric-automobile plant and President Barack Obama sweeping into this Central

Florida hamlet to unveil $3.4 billion in stimulus grants for advanced-electricity-grid projects. SLIDESHOW | miamiherald

Clean-energy Blitz Delaware (2) Electric car factory - Biden

$528.7 million conditional loan for Fisker to produce Plug-in Hybrids in ex GM factory

online.wsj.com | Smart home Plug-in Demo | $11bn Market creation electric cars

Clean-energy Blitz Dubai (3) Desert Solar power for EU - Al Gore

DUBAI, Al Gore proposes project to produce solar energy in the desert

DUBAI, Un projet pour produire de l'énergie solaire dans le désert lexpress.fr

"Un des plans à long terme envisagés est de lier cette région (les pays du Golfe)

à l'Afrique du Nord et à l'Europe par un réseau fournissant de l'énergie solaire

qui serait produite dans le désert", a déclaré le prix Nobel de la paix lors d'une

conférence à Dubaï.Il a précisé que "les nouvelles technologies permettent dorénavant

de transmettre l'énergie à distance". (Desertec launched by Germany)

Obama Names 'Smart Grid' Projects

The Obama administration on Tuesday named 100 utility projects that will share $3.4 billion in federal stimulus funding to speed deployment of advanced technology designed to cut energy use and make the electric-power grid more robust.

Touring a field of solar energy panels in west-central Florida, President Barack Obama urged greater use of several technologies, including installing "smart" electric meters in homes, automating utility substations and installing thousands of new digital transformers and grid sensors.

"There's something big happening in America in terms of creating a clean-energy economy,'' Mr. Obama said, although he added there is much more to be done. ++++++++++++++++++++++++

Among the winners are Baltimore Gas & Electric Co., a unit of Constellation Energy, which will get $200 million it can use in a $451 million program to install 1.1 million digital meters and 400,000 in-home control devices and thermostats. San Diego Gas & Electric Co. will get $28 million to improve communications with the 1.4 million advanced meters it already is installing, part of California's extensive meter upgrade that will be completed in 2012.

source: online.wsj.com

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$529m Gov loan for Fister plug-in hybrid car to buy ex GM plant Delaware

posted Oct 27, 2009 2:36 AM by Solar Life [ updated Nov 1, 2009 3:53 PM ]

FISKER - Karma 2010

Fisker Automotive is expected to release its first

plug-in hybrid car, the Karma, in 2010

http://karma.fiskerautomotive.com

Vice President Joe Biden is expected to announce Tuesday that Fisker Automotive, a California luxury automaker, will build plug-in hybrid electric vehicles at a former GM plant in Delaware

The Karma will sell for nearly $48,000

before a federal tax credit of $7,500

for plug-in hybrids…