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Posts Tagged ‘Funding’

Globe.Net, October 27, 2009
President Barack Obama has announced the largest single energy grid modernization investment in U.S. history, funding a broad range of technologies that will create tens of thousands of jobs, save energy and allow consumers to cut their electric bills.
Speaking at Florida Power and Light’s (FPL) DeSoto Next Generation Solar Energy Center, President [...]

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NAO NAKANISHI, Reuters, October 5, 2009
A first attempt fell victim to the crisis: now in the docks of Scotland’s ancient capital, a second-generation scarlet Sea Snake is being prepared to harness the waves of Britain’s northern islands to generate electricity.
Dwarfed by 180 metres of tubing, scores of engineers clamber over the device, which is designed [...]

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MendoCoastCurrent, October 2, 2009
AW-Energy, a Finnish renewable energy company developer of WaveRoller, a patented wave energy technology, has signed a $4.4M (3 million euros) contract with the European Union to demonstrate its technology.
The contract between AW-Energy and the EU is the first one under the “CALL FP7 – Demonstration of the innovative full size systems.” [...]

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PODESTA, GORDON, HENDRICKS & GOLDSTEIN, Center for American Progress, September 21, 2009
With unemployment at 9.5%, and oil and energy price volatility driving businesses into the ground, we cannot afford to wait any longer. It is time for a legislative debate over a comprehensive clean energy investment plan. We need far more than cap and trade [...]

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MendoCoastCurrent, September 21, 2009
The U.S. Department of Energy recently announced that it is providing $14.6 million in funding for 22 water power projects to move forward in the commercial viability, market acceptance and environmental performance of new marine and hydrokinetic technologies as well as conventional hydropower plants.
The selected projects will further the nation’s supply of [...]

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TOM HESTER SR., New Jersey Newsroom, August 25, 2009
State and local officials joined with Ocean Power Technologies (OPT) Tuesday to recognize the success of one of the Pennington-based company’s PowerBuoys off the coast of Atlantic City.
OPT is a pioneer in wave energy technology that harnesses ocean wave resources to generate clean electricity.
“This is a celebration [...]

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Grist via Agence France-Presse, August 6, 2009
President Barack Obama Wednesday unveiled a $2.4 billion funding boost for the development of new generation electric vehicles and slammed critics of his economic rescue plans.
The president traveled to a jobs crisis blackspot in the economically struggling midwestern state of Indiana to announce a plan he said would create [...]

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ELIZABETH RUSCH, Smithsonian Magazine, July 2009
She was in the water when the epiphany struck. Of course, Annette von Jouanne was always in the water, swimming in lakes and pools as she was growing up around Seattle, and swimming distance freestyle competitively in high school and college meets. There’s even an exercise pool in her basement, [...]

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EMMA WOOLLACOTT, TG Daily, July 15, 2009
The world’s largest wave farm is to be built off the coast of south-west England under plans announced today. Pledging an investment of £9.5 million ($15.6 million), Business Secretary Lord Mandelson dubbed the region the first “Low Carbon Economic Area”.
The Wave Hub project – a giant, grid-connected socket on [...]

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Hydro Review with edits, Pennwell, July 9, 2009
The U.S. Treasury and the Department of Energy are now offering $3 billion in government funds to organizations developing renewable energy projects including hydropower and ocean energy projects.
The funds, from the economic stimulus package passed by Congress in February, support the White House goal of doubling U.S. renewable [...]

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MendoCoastCurrent, July 06, 2009
U.S. Department of Energy Secretary Steven Chu today announced more than $153 million in Recovery Act funding to support energy efficiency and renewable energy projects in Arkansas, Georgia, Kentucky, Mississippi, Montana, New York and the U.S. Virgin Islands.
Under the Dept. of Energy’s State Energy Program (SEP), states and territories have proposed statewide [...]

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MendoCoastCurrent, June 30, 2009
U.S. Department of Energy Secretary Steven Chu is making available over $32 million in Recovery Act funding to modernize the existing hydropower infrastructure in the U.S., increase efficiency and reduce environmental impact.
His  announcement supports the deployment of turbines and control technologies to increase power generation and environmental stewardship at existing non-federal hydroelectric [...]

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STEPHEN IVALL, Falmouth Packet UK, June 27, 2009
The ambition for Cornwall to become a world-leading centre for wave energy has moved a step closer to reality with the launch of a two-tonne (2000kg) buoy off the coast of Falmouth.
Developed by a team at the University of Exeter, the South Western Mooring Test Facility (SWMTF) buoy [...]

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GRANT WELKER, Herald News, June 25, 2009
A renewable energy consortium based at the Advanced Technology and Manufacturing Center has received a $950,000 federal grant to study the potential for a tidal-energy project between Martha’s Vineyard and Nantucket, among other projects.
The New England Marine Renewable Energy Center, which includes professors and students from the University of [...]

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MendoCoastCurrent, June 19, 2009
The United States Senate Energy and Natural Resources Committee today adopted legislation to include key provisions of the Marine Renewable Energy Promotion Act (Senate Act 923).
In response, the Ocean Renewable Energy Coalition (OREC) commended Committee Chairman Jeff Bingaman (D-NM) and Ranking Member Lisa Murkowski (R-AK) for including the marine energy provisions to [...]

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MendoCoastCurrent, June 17, 2009
The West has been at the forefront of the country’s development and implementation of renewable energy technologies, leading the way in passing effective Renewable Portfolio Standards and harnessing the region’s significant renewable energy resources. The initiatives announced at the recent annual western governors’ meeting offered a collaboration of federal and state efforts [...]

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PAM ALLEN, The Business Review, Albany, June 11, 2009
GE Energy said today it has secured more than $500 million in contracts to supply advanced power generation equipment and long-term services for the Al Dur Independent Water and Power Project, the largest power plant in the Kingdom of Bahrain, an Arabic country in the Persian Gulf.
The [...]

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UCILLA WANG, The Greentech Innovations Report, June 9, 2009
When Pacific Gas and Electric Co. announced a deal to buy solar power from a proposed 230-megawatt project last Friday, it shone a spotlight on a two-year-old company with a different business model than many startups who have inked similar deals with the utility.
The deal also raised [...]

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JAMES RICKMAN, Seeking Alpha, June 8, 2009
Oceans cover more than 70% of the Earth’s surface. As the world’s largest solar collectors, oceans generate thermal energy from the sun. They also produce mechanical energy from the tides and waves. Even though the sun affects all ocean activity, the gravitational pull of the moon primarily drives the [...]

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LES BLUMENTHAL, The Bellingham Herald, May 30, 2009
The Obama administration has proposed a 25% cut in the research and development budget for one of the most promising renewable energy sources in the Northwest – wave and tidal energy. At the same time the White House sought an 82% increase in solar power research funding, [...]

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The mineral is a key part of a Santa Monica firm’s proposed alternative energy project in the desert. The technology was proven workable in a pilot project near Barstow in the 1990s.
PETER PAE, The Los Angeles Times, May 29, 2009

Just past Barstow on Interstate 15, Las Vegas-bound travelers can eye a tower resembling a lighthouse [...]

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OurGreenJourney, May 20, 2009
Sonoma County has funded its first clean energy loan secured by a lien on property taxes. As we have posted before, the Sonoma County Energy Independence Program is California’s first county wide energy efficiency financing district, authorized by AB 811.
The loan of $25,500 went to homeowners and paid for a 5 [...]

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MendoCoastCurrent, May 20, 2009
At this core energy technology incubator, energy policy is created as renewable energy technologies and science move swiftly from white boards and white papers to testing, refinement and implementation.
The Vision
Mendocino Energy is located on the Mendocino coast, three plus hours north of San Francisco/Silicon Valley. On the waterfront of Fort Bragg, utilizing [...]

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TRACY SEIPEL, MercuryNews.com, May 15, 2009
Declaring it a record total, PG&E on Wednesday announced an expansion of solar-power contracts with Oakland’s BrightSource Energy for a total of 1,310 megawatts of electricity — enough to power 530,000 California homes.
The power purchase agreements, which will now include seven power plants, add to a previous contract the two [...]

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SustainableBusiness.com News, April 30, 2009
A bill introduced in the Senate aims to encourage development of renewable ocean energy.
Sen. Lisa Murkowski (R-Alaska) today introduced the legislation as a companion to a bill introduced in the U.S. House of Representatives by Rep. Jay Inslee, (D-Wash.), that would authorize as much as $250 million a year to promote [...]

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MendoCoastCurrent, April 26, 2009
The California Energy Commission is conducting a workshop on Wednesday, April 29, 2009 in Sacramento, to discuss the American Recovery and Reinvestment Act (ARRA) provisions related to funding for energy projects.
The workshop will focus on Assembly Bill 811 (Levine, Chapter 159, Statutes of 2008) that finances the installation of energy efficiency improvements, [...]

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JEFF QUACKENBUSH, North Bay Business Journal, October 6, 2008
Santa Rosa – Sonoma County governments have aggressive goals and strategies for curbing gases blamed for climate change, and they now have a new tool for enticing owners of existing commercial and residential structures into reducing emissions via energy-efficient upgrades.
Several North Bay local governments have put in [...]

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MendoCoastCurrent, March 25, 2009

Aquamarine Power has signed a $2.7 million contract with Fugro Seacore to install their wave energy generator, the Oyster, at the European Marine Energy Center.
Aquamarine’s Oyster converter is designed for waters that are from 26-52 feet deep with anticipated installation 550 yards offshore in the second half of 2009.  The Oyster has [...]

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Ocean Energy Council, March 17, 2009
Researchers in Dania Beach, Fla., landed almost $1.2 million in a federal grant to continue working on an underwater turbine prototype that will use ocean currents to generate power.
Researchers at Florida Atlantic University’s (FAU) Center for Ocean Energy Technology (COET) joined Rep. Ron Klein, D-Fla., today to announced the funding [...]

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MARSHA W. JOHNSTON, RenewableEnergyWorld.com, March 2009
One hundred and forty-one years ago, the relentless sea off Scotland’s coast inspired the following observation from native son and author George MacDonald:
I climbed the heights above the village, and looked abroad over the Atlantic. What a waste of aimless tossing to and fro! Gray mist above, full of falling [...]

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PATRICK BLUM, International Herald Tribune, March 15, 2009
LISBON: Projects for wind and wave energy beset by technical snags and dwindling investment
In July, a Pelamis wave power generator, an articulated steel machine like a giant semi-submerged sausage, was towed into the deep Atlantic, off the coast of Aguçadoura in northern Portugal, and attached to a floating mooring.
By [...]

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MendoCoastCurrent, March 11, 2009
Secretary of the Interior Ken Salazar announced today that he has just signed his first order establishing renewable energy generation as the top priority of the Department of the Interior. Following President Obama’s lead in steering the United States into this new energy path, he said this agenda would create jobs and grow [...]

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TYLER HAMILTON, CleanBreak.ca, February 17, 2009
Toronto-based WhalePower, maker of the tubercle-lined turbine blades inspired by humpback whale flippers, got the results back from its first independent study in the field. 
The blade design was tested on a 25-kilowatt Wenvor Technologies turbine at the Wind Energy Institute of Canada. The institude found that annualized energy production from [...]

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MendoCoastCurrent from Platts Energy Podium, February 12, 2009
The recently approved Economic Stimulus Plan includes expanding the US electric transmission grid and this may be the just the start of what will be a costly effort to improve reliability and deliver renewable energy to consumers from remote locations, Federal Energy Regulatory Commission (FERC) Acting Chairman Jon [...]

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MaritimeJournal.com, February 12, 2009
Edinburgh-based Pelamis Wave Power has won an order from UK renewable energy generator E.On for the next generation Pelamis Wave Energy Converter, known as the P2.
The P2 will be built at the Pelamis Leith Docks facility and trialed at the European Marine Energy Centre (EMEC) in Orkney. This is the first time a [...]

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JENNY HAWORTH, Scotman.com, February 12, 2009
MORE than three dozen energy companies from across the world are hoping to install wave energy devices in a stretch of sea off the north of Scotland. The renewable energy firms all have their sights on the Pentland Firth, which is considered one of the best locations in the [...]

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Publisher’s Note:  Feb 09, 2009 – Not only has Finavera surrendered their Makah Bay license noted below, they also announced surrendering the Humboldt County, California Preliminary Permit to explore wave energy:
“Finavera Renewables has filed applications to surrender its Federal Energy Regulatory Commission license for the Makah Bay Wave Energy Pilot Project in Washington and the [...]

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KATE GALBRAITH, The New York Times, February 4, 2009
Wind and solar energy have been growing at a blistering pace in recent years, and that growth seemed likely to accelerate under the green-minded Obama administration. But because of the credit crisis and the broader economic downturn, the opposite is happening: installation of wind and solar power is plummeting.
Factories [...]

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SUSAN CHAMBERS, The World, February 4, 2009
Coos Bay, Oregon — The jobs are coming, so Ocean Power Technologies insists.
OPT spokesman Len Bergstein said Monday the company wants to get stimulus funds from the federal government.
“We have a strong interest in presenting a project that would be jobs-ready right now,” Bergstein said.
OPT wants to get a [...]

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MendoCoastCurrent, January 29, 2009
At his first White House press conference, President Obama declared “the days of Washington dragging its heels are over” and ordered an immediate review of the Bush administration’s refusal to give California authority to enforce tougher emission and fuel efficiency standards on gas and diesel automobiles.
For more than two years California [...]

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Editors Note:  On May 11, 2009, PG&E pulled-out of Mendocino WaveConnect, read it here: http://tinyurl.com/qwlbg6 . The remains of the $6M are now solely allocated to Humboldt WaveConnect.
MendoCoastCurrent, January 29, 2009
PG&E caught a major renewable energy wave today as the California Public Utilities Commission approved $4.8 million in funding their centerpiece wave energy [...]

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MendoCoastCurrent, January 28, 2009
To Keep Momentum, AWEA Calls for Quick Approval of the Obama Stimulus Package
The massive growth in 2008 swelled the nation’s total wind power generating capacity by 50% and channeled an investment of some $17 billion into the economy, positioning wind power as one of the leading sources of new power generation in [...]

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PRESTON GRALLA, GreenerComputing.com, January 22, 2009
In a briefing to the Obama transition team in December, IBM CEO Samuel J. Palmisano recommended that Obama require that all federal data centers go green in three years.
According to the Wall Street Journal, Obama advisers had asked IBM shortly after the election to give a briefing about what impact [...]

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MendoCoastCurrent, January 15, 2008
Lt. Governor Barbara Lawton today launched the Business, Environment and Social Responsibility (BESR) Program at the University of Wisconsin-Madison School of Business, offering “Sustainability Meets Entrepreneurship,” a new Friday forum series designed to provide UW students and members of the community access to experts on clean technology and alternative energy.
“This new program [...]

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MendoCoastCurrent, January 17, 2009
Here’s the post from MendoCoastCurrent in the Citizen’s Briefing Book at President-elect Barack Obama’s change.gov site:
Renewable Energy Development (RED) federal task force
Immediately establish and staff a Renewable Energy Development (RED) federal task force chartered with exploring and fast-tracking the development, exploration and commercialization of environmentally-sensitive renewable energy solutions in solar, wind, wave, green-ag, et [...]

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JOHN KING, The San Francisco Chronicle, December 19, 2008
The impacts of climate change are a hot topic among scientists and environmental activists.  Now the Bay Conservation and Development Commission wants to hear from another perspective: the design community.
The state agency is preparing to launch a $125,000 competition that will invite architects, planners and engineers to bring innovative proposals [...]

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MendoCoastCurrent, December 14, 2008
Australian Prime Minister Kevin Rudd called for a “solar revolution” on Sunday as he unveiled plans to bring forward a A$500 million (US$329 million) fund promoting renewable energy in a bid to stimulate the economy.
Speaking just a day before a key announcement on Australia’s greenhouse gas emissions targets, Rudd said the fund’s [...]

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MARGOT ROOSEVELT, The Los Angeles Times, December 12, 2008
California regulators adopted the nation’s first comprehensive plan to slash greenhouse gases on December 11th and characterized it as a model for President-elect Barack Obama, who has pledged an aggressive national and international effort to combat global warming.
The ambitious blueprint by the world’s eighth-largest economy would cut [...]

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SolanoCountyBusinessNews.com, November 27, 2008
Escondido-based EnXco, a subsidaiary of EDF Energies Nouvelles Co., recently announced that it has closed on the project financing for the Shiloh II Wind Energy Project under construction in the Montezuma Hills area of Solano County, California.
Lenders to the projects are Nord/LB as lead administrative agent, Dexia and Credit Industriel et Commercial; [...]

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BRYAN WALSH, Time, November 20, 2008
Doug Morrell had already installed solar panels on his house in Coopersville, Michigan, but he was eager to get a little bit greener. So the 52-year-old Navy veteran bought something that might seem more at home in the Dutch countryside than in a small town in western Michigan: a personal [...]

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RenewableEnergyWorld.com, November 10, 2008
Finavera Renewables Inc. has announced that it plans to raise US $1,002,000 through a non-brokered private placement of 20,040,000 units at a price of $0.05 per unit. Each unit consists of one common share and one-half of a share purchase warrant, with each full warrant exercisable at $0.10 for 12 months from [...]

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TERRY MACALISTER, The Guardian/UK, November 7, 2008
BP has dropped all plans to build wind farms and other renewable schemes in Britain and is instead concentrating the bulk of its $8bn (£5bn) renewables spending programme on the US, where government incentives for clean energy projects can provide a convenient tax shelter for oil and gas revenues.
The [...]

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MARTIN LAMONICA, CNET, November 5, 2008
Energy and environmental policy is poised for dramatic change under an Obama administration even with a slumping economy.
With the incoming administration and Congress, renewable energy advocates and environmentalists said they anticipate a comprehensive national energy plan focused on fostering clean-energy technologies.
“The election is over. Now the hard work begins,” wrote [...]

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PETER S. GOODMAN, The New York Times, November 2, 2008
Newton, Iowa – Like his uncle, his grandfather and many of their neighbors, Arie Versendaal spent decades working at the Maytag factory here, turning coils of steel into washing machines.
When the plant closed last year, taking 1,800 jobs out of this town of 16,000 people, it [...]

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TERRY DILLMAN, South Lincoln County News, September 23, 2008
Oregon’s emergence as a national leader in developing wave energy technology crested Thursday, when the U.S. Department of Energy (DOE) announced grant support to establish the Northwest National Marine Renewable Energy Center at Oregon State University’s Hatfield Marine Science Center (HMSC) in Newport.
The agency selected 14 research [...]

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