The U.S. Army has just launched the first in a series of renewable energy contracts that will eventually total $7 billion by the end of this year, using power purchase agreements along with a standard procurement tool that is expected to crush any obstacles that are put in its path. That includes the notorious budget sequester as well as any objections from the anti-renewable energy crowd in Congress, which has already used the budget as … Read More
Non-departmental public body Scottish Enterprise have awarded Samsung Heavy Industries (SHI) £6.04 million in funding to support the development of a 7 MW offshore wind turbine prototype at Scotland’s Fife Energy Park, the country’s leading manufacturing and research zone for the renewable energy sector. Scottish Enterprise’s financial input backs the existing £100 million that SHI has already invested into it’s Scottish projects, which will help launch a test demonstration project in the near term, but looking … Read More
Nest Labs are one of the most exciting up-and-coming energy consumer product company around, and as of May 7 they have taken the next step in becoming a heavy-hitter, by acquiring online utility usage company MyEnergy. The news was announced by both companies on their respective blogs on Sunday to much fond feelings between the two companies; Today, Greg and I are thrilled to announce that MyEnergy has been acquired by Nest Labs. Bringing our … Read More
Offshore wind power may yet not match the overall strength of onshore wind, but the industry is on course grow rapidly to become an €130 billion annual global market by 2020. A new report from industry consultants Roland Berger, "Offshore Wind Toward 2020," concludes a combination of industry trends will soon make offshore wind cost competitive with other generation sources in many markets.