AWSL Subsidiary Atlantic Solar Inc. Has Competitive Technological Advantage Through Its Advanced CIT — Intends to Expand CIT Manufacturing

03/01/10 — Atlantic Wind and Solar Inc. (AWSL) is pleased to provide further information regarding its wholly owned subsidiary Atlantic Solar Inc.’s (ASI) competitive advantage through the application of leading edge Converter/Inverter technology (CIT). As well, the Company is finalizing plans to expand CIT manufacturing.

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Offshore Grid Implementation Requires Coordinated Approach

An offshore North and Baltic Sea electricity grid could be in place within 10-15 years, but its development is being slowed by political and regulatory differences between countries bordering the North and Baltic Seas, according to a report published by the OffshoreGrid consortium.

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NHA Hydrogen and Fuel Cell Technology Expo Grows

The exposition at the 2010 NHA Hydrogen Conference & Expo, to be held May 3 – 6, at the Long Beach Convention Center, is projected to be 10 to 20 percent larger compared to the 2009 event, according to Bruce Cole, Expo Manager for the National Hydrogen Association (NHA).

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20% DISCOUNT on Earthscan books at ECOBUILD 2010 – March 2-4

Once again Earthscan will be at Ecobuild, the world’s biggest event for sustainable design, construction and the built environment, with our unparalleled selection of books available for you to browse and purchase at a 20% discount.

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Will the UK Really Get 45,000 New Wind Jobs? Only If We Manufacture

The ripples of excitement that spread through Norfolk, following January’s announcement of the Round 3 offshore windfarm licensing, are understandable.

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Kia Crashes the Green Car Party with the Kia Hybrid Car

Kia Crashes the Green Car Party with the Kia Hybrid Car

Remember when Kia first hit the market and other car manufacturers were laughing at them? Well, they haven’t been laughing in quite some time as Kia continues to put out attractive looking vehicles for far less money than anyone else. They have now unleashed their latest entry into the hybrid market at the new [...]
Posted in: Hybrid Cars, Industry, Transportation

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Nevada Solar Power Plant Receives $2.9 Million Federal Grant

nevada solar power plantSpanish solar company Acciona will receive $2.9 million to expand a solar power plant in Boulder City, Nevada. The grant from the U.S. government comes in lieu of tax credits as allowed under the American Recovery and Reinvestment Act (ARRA). The Obama administration announced the grant last week.

The provision in the Recovery Act allowing renewable energy projects to receive grants in lieu of tax credits came in response to the economic recession that had lenders tightening the reigns on loans for solar projects due to the risk involved. The prospect of recouping 30 percent of project costs in the short term gave developers more leverage while seeking financing for projects. The expansion of Acciona’s Nevada Solar One plant is a prime example.

It is one of 250 renewable energy projects slated to receive grants, 72 percent of which are solar energy projects. The feds have promised at least $550 million in grant funding for projects approved since applications started rolling in during August of last year. Developers apply for the program through the Department of Treasury and, upon approval, may recoup the money upon completion of their project.

At the time it was built in 2007, Nevada Solar One, a concentrated solar power (CSP) plant, was the largest of its kind in the world and the first built in 17 years. It was the plant that really sparked interest in large-scale solar power around the country. Now hundreds of projects are either underway or under development. Nevada Solar One is now the third largest in the world, according to the Las Vegas Sun, pumping out better than 64 megawatts of solar thermal power.

Three other projects in Nevada are receiving grants under the Recovery Act provision. All are geothermal power plants in the northern half of the state.

Photo Credit: TIME

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Nevada Solar Power Plant Receives $2.9 Million Federal Grant

nevada solar power plantSpanish solar company Acciona will receive $2.9 million to expand a solar power plant in Boulder City, Nevada. The grant from the U.S. government comes in lieu of tax credits as allowed under the American Recovery and Reinvestment Act (ARRA). The Obama administration announced the grant last week.

The provision in the Recovery Act allowing renewable energy projects to receive grants in lieu of tax credits came in response to the economic recession that had lenders tightening the reigns on loans for solar projects due to the risk involved. The prospect of recouping 30 percent of project costs in the short term gave developers more leverage while seeking financing for projects. The expansion of Acciona’s Nevada Solar One plant is a prime example.

It is one of 250 renewable energy projects slated to receive grants, 72 percent of which are solar energy projects. The feds have promised at least $550 million in grant funding for projects approved since applications started rolling in during August of last year. Developers apply for the program through the Department of Treasury and, upon approval, may recoup the money upon completion of their project.

At the time it was built in 2007, Nevada Solar One, a concentrated solar power (CSP) plant, was the largest of its kind in the world and the first built in 17 years. It was the plant that really sparked interest in large-scale solar power around the country. Now hundreds of projects are either underway or under development. Nevada Solar One is now the third largest in the world, according to the Las Vegas Sun, pumping out better than 64 megawatts of solar thermal power.

Three other projects in Nevada are receiving grants under the Recovery Act provision. All are geothermal power plants in the northern half of the state.

Photo Credit: TIME

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