Chancellor George Osborne today delivered the 2011 Budget, which for the UK’s Green Economy included two key announcements: 1) Green Investment Bank (GIB) – the GIB will launch next year (2012) backed by £3b funding; £1b of Government funding and a further £2b raised from asset sales. The initial £3
A new Green Investment Bank worth €1.18 billion (£1 billion) will “tackle risk the market cannot currently finance”, allowing new types of investment in green infrastructure, UK Energy Minister Charles Hendry told Wind Directions magazine recently. The Bank is due to become operational by September
Gov. Martin O’Malley’s plan to make state utilities buy offshore wind energy may have to wait a year, a top senator said Tuesday. (washingtonpost) [mappress] Source: washingtonpost, March 23, 2011
Chris Huhne vowed today to leave no stone unturned in support of Scottish renewable energy projects. The Energy and Climate Change Secretary said: “If we are to meet our climate change targets, Scotland will be mission critical. Success here will define our low carbon legacy. “I know that every day
THE renewables market in Scotland has been plunged into uncertainty as a result of the Government in Westminster considering far-reaching… [mappress] Source: Herald, March 22, 2011
Holyrood lawmakers are to be urged to increase Scotland’s renewable energy targets so as to ensure the country remains a world leader in the… (rapidonline) [mappress] Source: rapidonline, March 22, 2011
The Scottish Government today published plans which could deliver almost five Gigawatts of electricity from offshore wind by 2020 – enough… (allmediascotland) [mappress] Source: allmediascotland, March 21, 2011
Cost concerns are jeopardizing Gov. Martin O’Malley’s proposal to subsidize development of offshore wind farms — even as advocates hoped new… By Margie Hyslop (gazette) [mappress] Source: gazette, March 18, 2011
Maryland Gov. Martin O’Malley’s administration is working on a type of price cap as part of legislation that would require public utilities… By Corina Rivera (benzinga) [mappress] Source: benzinga, March 17, 2011
The Scottish Government today (Thursday 17th March) approved ScottishPower Renewables’ plans to develop a 10MW tidal power array in The Sound of Islay on Scotland’s west coast. The project, the first of its kind in the world, envisages generating enough renewable electricity to power the equivalent
The O’Malley administration’s proposal to build off-shore wind turbines to generate electricity faced strong headwinds in the Senate Finance… [mappress] Source: jobssw, March 16, 2011
Giant wind turbines in Lake Erie could generate power for part of the eastern electric grid one day. By Valerie Myers (goerie) [mappress] Source: goerie, March 15, 2011
Indonesian Vice President Boediono on Thursday visited Carnagies’s Wave Energy Research Facility at Fremantle Port in Perth to get inputs on… (eco-business) [mappress] Source: eco-business, March 14, 2011
The Rhode Island Senate has approved a new offshore energy resolution. (wpri) [mappress] Source: wpri, March 10, 2011
