Gevo CEO Sees Minnesota Biofuels Plant Breaking Even This Year
Gevo Inc.’s biofuels plant in Minnesota, which has suffered production delays because of contamination, may break even by the end of 2014 as output of ethanol and isobutanol from agricultural waste increase.
France Spurs Efficiency, Renewables with $13.4 Billion Energy Plan
France’s planned energy law will mobilize about €10 billion (US $13.4 billion) in investment through tax credits and low-interest loans to spur efficiency and renewable power, Environment Minister Segolene Royal said.
UK Announces $340 Million Renewable Power Contract Auction
The U.K. said renewable-power projects will compete for guaranteed payments worth more than 200 million pounds ($340 million) a year as part of its first auction of contracts to spur low-carbon electricity.
EU Approves UK Payments for Renewables, Capacity Guarantees
The European Commission approved the U.K. government’s renewable energy contracts and so-called capacity payments, saying the program that benefits power plants complies with state-aid rules.
The Hydroelectric Production Incentives Program shows promise to encourage hydro development
With its revival for fiscal year 2014, the Hydroelectric Production Incentives Program shows promise as a new federal revenue stream for hydro facilities.
Japan Bank Sets Aside $2 Billion for Clean Energy
Shinsei Bank Ltd., a lender for Goldman Sachs Group Inc.’s clean-energy projects in Japan, plans to provide as much as 200 billion yen (US $2 billion) in loans for renewable developments.
EU May Renew US-Biodiesel Tariffs Targeting ADM to Cargill
The European Union threatened to renew tariffs on biodiesel from the U.S. for another five years in a sign of persistent trade tensions over renewable energy.
News and information on small hydropower projects from around the world
The latest news on global small hydroelectric facilities from July-August 2014
Renewables to Receive Lion's Share of $7.7 Trillion in Global Power Funding
Renewable energy may reap as much as two-thirds of the $7.7 trillion in investment forecast for building new power plants by 2030 as declining costs make it more competitive with fossil fuels.