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First Solar to buy OptiSolars project pipeline in $400M all-stock deal

First Solar announced this afternoon plans to buy the project portfolio of rival OptiSolar in an all-stock deal worth $400 million. The projects include a power purchase agreement with Pacific Gas and Electric for the  550 MW  Topaz solar project in Central California; …

MuniMae sells renewable energy assets

Municipal Mortgage & Equity has agreed to sell a portion of its renewable energy business for $19.7 million to Fotowatio Renewable Venture, a unit of the Madrid-based developer and operator of  solar generation projects. As part of the deal MuniMae has agreed to …

First Solar to buy OptiSolar’s project pipeline in $400M all-stock deal

First Solar announced this afternoon plans to buy the project portfolio of rival OptiSolar in an all-stock deal worth $400 million. The projects include a power purchase agreement with Pacific Gas and Electric for the  550 MW  Topaz solar project in Central California; …

Senate confident it can meet Obama’s call for energy reform

Senate Majority Leader Harry Reid outlined a three pronged strategy to pass President Obama’s call for sweeping energy legislation. Reid said, the Senate would likely move first on legislation that would include a renewable portfolio standard, energy conservation measures and other regulatory meassures. …

PG&E to invest $1.4 bln in solar generation

Pacific Gas and Electric announced on Tuesday that it would invest $1.4 billion to develop up to 500 MW in solar-powered electric generation projects over the next five years. The San Francisco utility said it would own half of this expected output. Normally …

PG&E to invest $1.4 bln in solar generation

Pacific Gas and Electric announced on Tuesday that it would invest $1.4 billion to develop up to 500 MW in solar-powered electric generation projects over the next five years. The San Francisco utility said it would own half of this expected output. Normally …

Coal-fired utility signs utility-scale, 500 MW solar deal

Image via CrunchBase NRG Energy, one of the country’s largest coal users,  signed a deal on Monday with eSolar to develop solar power plants in California and the Southwest. As part of the agreement Princeton, N.J.-based, NRG  will invest $10 million in eSolar …

A national renewable portfolio standard

Next on President Obama’s ambitious energy agenda is the establishment of a national renewable portfolio standard. Renewable standards would require that specific percentages of electricity generation comes from clean energy generation. Such requirements already exists  in about half of the states, including California …

In and around the green

Iberdrola Renovables to invest lion’s share of of $2.57bln in wind in ‘09 (New Energy Finance via Clean Edge) European Union 2008 CO2 emissions down on fuel-switching: report (Platts) Alternative energy still facing headwinds (Washington Post) FPL further delays construction of Space Coast …

Britain Sets the Standard in Green Energy Plans

Have we entered a new era of competitive conservationism by industrial democracies? Britain’s Energy and Climate Change Secretary Ed Milibandrolled out a plan today that requires the country to get 40 percent of its energy from low carbon sources — what he calls the …