Google, the American multinational internet and Software Corporation, has recently announced a major investment in clean energy sector. The investment of $94 million will be allocated for the construction of four solar photovoltaic projects near California, Sacramento, bringing the company’s portfolio of clean energy projects to almost $1 billion.
read more... 26/12/2011
Crude oil futures increased on Friday in thin preholiday trading as worries about potential supply disruption in Iran and Iraq and positive U.S. economic data supported oil prices.
read more... 26/12/2011
China aims to start its first commercial production of shale gas by 2015, according to Che Changbo, deputy director of the Ministry of Land and Resource’s oil and gas strategy center.
read more... 26/12/2011
The U.S. geothermal market will add new capacities by investing at the beginning of January 2012 up to billions of dollars. Earlier in 2005, the geothermal energy became a qualifying renewable source for the production tax credit (PTC), registering a significant boost in 2011.
read more... 26/12/2011
The US Department of the Interior gave approval to the construction of a 186 MW Tule Wind Power Project owned by Iberdrola Renewables. The project is the first one approved for public lands among the other five wind projects agreed on by Secretary Ken Salazar and then by the governor Arnold Schwarzenegger in 2009. The wind project will be built in the In-Ko-Pah Mountains of San Diego County, California (USA).
read more... 23/12/2011