Department of Energy Finalizes $4.8bn in Solar Loan Guarantees
On the last day of its 1705 loan guarantees program, the US Department of Energy finalized support packages for four major solar projects on Friday, totaling almost $4.8 billion.
US Energy Secretary
Steven Chu confirmed awards for three huge solar power plants in
California, and a “transformational” project installing solar panels on
750 warehouse rooftops.
$1.46 billion in partial guarantees when
to the 550MW Desert Sunlight project, a $1.237 billion guarantee for the
250MW California Valley Solar Ranch project, and a $646 million for the
230MW Antelope Valley Solar Ranch project.
Read more here.
State’s New Energy Department Taking Shape
The plan to turn Connecticut into a leader in clean energy
technology, renewable resources and lower cost electricity is beginning
to take form.
“We are at that transformational moment,” said Kevin DelGobbo, chairman of the Connecticut Public Utilities Regulatory Authority.
When Gov. Dannel Malloy signed a comprehensive energy policy reform law in June, the legislation was high on concepts and big-picture moves but low on the details of how Connecticut could become an energy leader while also lowering its overall costs.
“We are at that transformational moment,” said Kevin DelGobbo, chairman of the Connecticut Public Utilities Regulatory Authority.
When Gov. Dannel Malloy signed a comprehensive energy policy reform law in June, the legislation was high on concepts and big-picture moves but low on the details of how Connecticut could become an energy leader while also lowering its overall costs.
Read more here.
US Military to Invest $10 Billion a Year in Renewable Energy
Congress may be dithering over green energy, but the US military has no qualms about its value.
The U.S. Department of Defense (DOD) - one of the largest energy consumers in the world at 300,000 barrels of oil a day - is quickly moving toward energy efficiency and renewables to reduce risks to soldiers, enhance national energy security, and save money.
DOD is committed to getting 25% of its energy from renewables by 2025, the Air Force plans to use biofuels for 50% of domestic aviation by 2016 and the Navy will reduce fuel consumption on ships 15% by 2020.
The U.S. Department of Defense (DOD) - one of the largest energy consumers in the world at 300,000 barrels of oil a day - is quickly moving toward energy efficiency and renewables to reduce risks to soldiers, enhance national energy security, and save money.
DOD is committed to getting 25% of its energy from renewables by 2025, the Air Force plans to use biofuels for 50% of domestic aviation by 2016 and the Navy will reduce fuel consumption on ships 15% by 2020.
Read more here.
Hawaiian Electric Files Draft Renewable Energy RFP
Last Friday, Hawaiian Electric Company submitted to the Hawaii Public
Utilities Commission a draft Request for Proposals (RFP) for at least
200 megawatts (MW) of renewable energy projects.
The draft RFP, which is targeted to be finalized and issued by March
31, 2012, proposes the parameters for projects to deliver renewable
energy to the Oahu grid no later than December 31, 2018. The 200 MW
draft renewable RFP will now be reviewed by the PUC, the state consumer
advocate, prospective bidders, and other parties wishing to comment. The
PUC is expected to appoint an independent observer to oversee the
competitive bidding process.
Read more here.
Photo via Michael Rael.
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