There is new hope for the PACE financing program (the acronym stands for: “property-assessed clean energy”). The PACE program was started in Berkeley, CA in 2007 and made loans available to homeowners to help defer the cost of renewable energy/energy efficiency equipment and installations. The loan funds come from municipalities who raise the money through bonds
Summary of Federal Biofuels Incentives
The Congressional Research Service has put out a useful and concise summary of federal programs that provide direct and indirect incentives for biofuels. The report lists over eighteen active programs administered by five different agencies including the U.S. Department of Agriculture; Department of Energy and Internal Revenue Service. For each program, the report lists the authorizing
United States and Iceland Collaborate to Develop and Deploy Clean Geothermal Energy
The United States and Iceland have signed a bilateral agreement aimed at increasing the world’s understanding of advanced geothermal technologies and accelerating their deployment. The new agreement is designed to allow the US and Iceland to exchange researchers, establish joint projects, and create educational opportunities to accelerate advanced geothermal development, and to identify key obstacles to
DOE:$15 million for Innovative Geothermal Recovery Methods
On Friday, the US Department of Energy ("DOE") announved a $15 million funding opportunity for geothermal energy research and development projects that:
- Address the environmental risk factors associated with heat recovery from the earth’s subsurface (earthquakes, water consumption and pollution);
- Add innovative methods for extracting heat from geotlogic formations, particularly permeable sedimentary formations; and
- Reduce financial
SHOW ME THE MONEY: DOE Offers $1.85 Billion in Solar Loan Guarantees
Saturday was a great day for solar energy: the DOE offered two conditional loan guarantee commitments:
- $1.45 billion loan guarantee to Abengoa Solar Inc. for the construction and start-up of a concentrating solar power (CSP) generating facility in Solana, Arizona and a
- $400 million loan guarantee to Abound Solar Manufacturing for the assembly of state-of-the-art
DOE Issues RFI on Wind Energy Workforce Development Roadmap
The DOE has issued a Request For Information ("RFI") to get the public’s input on the development of a Wind Energy Workforce Roadmap, which will provide details on the current workforce landscape in the wind industry as well as future steps necessary to train and develop a green workforce for the sector. Ultimately, the
DOE Awards $24 Million for Algal Biofuels Research
On Monday, the DOE announced that is had awarded up to $24 million to three research consortiums for the commercialization of algae-based biofuels. The three consortia include partners from academia, national laboratories, and private industries located across the country. Projects are expected to continue for three years.
The three awardees are:
- The
DOI/DOE MOU for Offshore Renewable Energy Projects
Yesterday, the Department of the Interior (“DOI”) and the Department of Energy (“DOE”) entered into a Memorandum of Understanding (“MOU”) to bring together resources and expertise from both agencies as the US develops commercial-scale offshore wind and water energy projects on the U.S. Outer Continental Shelf.
The
$6 Million for Short Term Wind Energy Forecasting
Yesterday DOE announced that up to $6 million to be awarded to one or two teams over two years to improve short-term wind energy forecasting, which will enhance the ability of utilities and electricity grid operators to forecast wind power generation.
One to two competitively-selected recipient team(s) will work with DOE and the National Oceanic and
DOE: up to $11 Million for Biofuels Technology Development
The DOE announced today that it will provide up to $11 million over three years for improving the conversion via pyrolysis of non-food biomass to biofuels, that can use the existing fueling infrastructure. (Pyrolosis is the process that decomposes biomass using heat without oxygen to produce bio-oil.)
Successful applications for projects will (among