BioSolar Anticipates Federal Clean Energy Tax Package to Benefit Solar Industry

BioSolar, Inc., the developer of a breakthrough technology to produce bio-based materials from renewable plant sources that reduce the cost of solar cells, says it anticipates unprecedented growth and benefits for the solar industry thanks to the recent passage of Federal legislation. H.R. 1424, the Emergency Economic Stabilization Act of 2008, provides... 

Tax Credit Extension Ensures Strong Future for Solar Industry

Clear Skies Solar, Inc., a leading provider of renewable energy solar solutions, commends Congress for resurrecting the tax credit package that will serve as the lifeblood for the renewable energy industry in the United States. The renewable energy tax credits are seen as a critical step towards bringing the U.S. closer to becoming a progressive leader... 

Emergency Stabilization Act Includes Incentives for Rentech and Other Alternative Energy Producers

Rentech, Inc. announced that the Company believes the enactment of the Emergency Stabilization Act is a positive step toward creating financial stability in the marketplace. The inclusion of several tax provisions in the Act will greatly benefit Rentech’s efforts in domestic alternative fuels production. Rentech has a commercial pipeline of both biomass... 

Ocean Power Technologies Wins New $2M Award from US Department of Energy

Ocean Power Technologies, Inc. announces that it has received a US$2.0 million award from the US Department of Energy (DoE), in support of OPT’s wave power project in Reedsport, Oregon. The DoE grant will be used to help fund the fabrication, assembly and factory testing of the first PowerBuoy® to be installed at the Reedsport site. This system will... 

World Energy Offices Reopen After 10 Days Without Power

It took more than Hurricane Ike to “shut in” World Energy. The energy industry’s widely read and respected publisher continued operations during the storm and immediately afterward. First on the agenda was completing production of its World Energy Monthly Review – with a cover story criticizing U.S. media hype over hurricanes. Though its Houston... 

Applied Materials Activates Largest Solar Deployment on a Corporate Campus in U.S.

Applied Materials and SunPower Corporation announced completion of two SunPower solar power systems totaling 2.1 megawatts at Applied Materials’ corporate facilities in Sunnyvale, Calif. The systems represent the largest solar power deployment at a corporate facility in the United States. “This is another exciting milestone in the adoption... 

SEMI Urges Congress to Immediately Extend Tax Credits for R&D and Commercial Investment in Solar Energy

SEMI urges Congress to immediately reinstate the R&D tax credit and to pass a long-term extension of the investment tax credit (ITC) for solar energy. The R&D tax credit expired on December 31, 2007 and the solar energy ITC is set to expire at the end of the year. These and other tax issues were the focus of a hearing held by the Small Business... 

Exelon CEO to Urge Congress to Develop a Marshall Plan for Energy

In testimony before the U.S. Senate Energy Committee on Sept. 12, Exelon Chairman, President and CEO John Rowe will call on Congress to develop a 21st century Marshall Plan for energy, as part of a three-part plan to address the nation’s energy challenges. “I believe nothing less than a comprehensive national effort for energy will put us on the... 

The US May Achieve Energy Independence With Help From Algae-Based Biofuels

Seven years ago this week, the United States was attacked on September 11. Since this event, the US military, congress, and departments of energy, agriculture and defense have increased the volume of initiatives to promote renewable alternatives for energy independence. There is a growing sense of urgency for the US to produce alternatives to foreign... 

Business Roundtable Ready to Work with President and Congress to Address Energy Crisis

“America’s leading CEOs consider recent increases in energy prices to be a serious threat to our nation’s economic growth. Today, Business Roundtable sent a letter to Congress outlining our recommendations to address the energy crisis. “Business Roundtable members call on the president and Congress to work toward bipartisan, long-term solutions...