Washington, DC, January 21, 2010 - U.S. Department of Energy Secretary Steven Chu announced today the selection of five projects to receive more than $20.5 million from the American Recovery and Reinvestment Act to support deployment of community-based renewable energy projects, such as biomass, wind and solar installations. These projects will promote investment in clean energy infrastructure that will create jobs, help communities provide long-term renewable energy and save consumers money.
The Clean Energy Resource Teams (CERTs) project has awarded CERTs seed grants of up to $11,000 to help projects garner further funding and bring communities together in identifying and implementing energy efficiency and renewable energy projects. CERTs received 122 proposals, of which 55 proposals were funded for a total granting amount of $280,000.
A new report from Lawrence Berkeley National Laboratory reveals how the 30% investment tax credit (ITC) and cash grant equivalent have increased benefits for the development of Community Wind projects. “Revealing the Hidden Value that the Federal Investment Tax Credit and Treasury Cash Grant Provide To Community Wind Projects” analyzes the impact of new federal policies for wind farm investment incentives introduced this year as part of the U.S. economic stimulus program.
The energy sector is transforming from a “big” business structure driven by non-renewable environmental extraction to a sector built on accessible abundant and renewable energy to households and business of all sizes, according to a series of briefing papers by the Center for Social Inclusion. This change will bring exciting new entrepreneurship opportunities and the potential to transform socially and economically isolated communities into meaningful partners in their local and regional economies.
A new study answers a long-nagging question of whether property values will decline due to nearby wind energy development. The answer is no, according to a report released by the Lawrence Berkeley National Laboratory, funded by the U.S. Department of Energy: "The Impact of Wind Power Projects on Residential Property Values in the United States: A Multi-Site Hedonic Analysis."
The Environmental Law & Policy Center has published an updated version of the Community Wind Financing Handbook. This guide reflects new financing opportunities available from federal energy and economic stimulus legislation, the new Farm Bill, and state incentives.
The Ontario Sustainable Energy Association (OSEA) hosted it's first Community Power Conference on November 15-16 with international speakers, 450 conference delegates, and over 2,500 trade show attendees. The conference was chaired by Dr. David Suzuki, the well-known scientist, host of The Nature of Things, and author of many books including the recent The Big Picture: Reflections on Science, Humanity, and a Quickly Changing Planet.
The U.S. Department of Treasury has allocated $2.2 billion in Clean Renewable Energy Bonds (CREBs) for 805 recipients across the country. Funded by the Energy Improvement and Extension Act of 2008 and the American Recovery and Reinvestment Act of 2009, these energy bonds help government agencies, public power providers, and cooperative electric companies obtain lower cost financing for clean energy development projects.
October 24, 2009 - Citizens, scientists and world leaders in 181 countries are taking to nearby streets, mountains, parks, and reefs today to demand strong action on climate change, in what will be the most widespread day of political action in the planet's history.
More than 5,000 rallies and creative demonstrations are taking place, all of them centered on the number 350, to draw attention to 350 parts per million (ppm), which an overwhelming number of scientists now insist is the safe upper limit for carbon dioxide in the atmosphere.
The Interstate Renewable Energy Council (IREC) has just released the 2009 updates for its highly respected and influential rules and procedures for interconnecting and net metering distributed generation.