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$2.6B Cape Wind alternative energy project gets $200M investment from Danish fund

June 19 -- The Cape Wind offshore wind project has secured a $200 million investment from a Danish pension fund in what the wind farm’s president said Tuesday is a milestone for the long-delayed project. In a statement announcing the commitment, PensionDanmark’s chief executive Torben Moger Pedersen noted the fund has already invested in two offshore wind projects in Denmark and said it was “delighted to participate in the Cape Wind project.” >>View Article

Cape Wind is an historic opportunity

June 19 -- The Alliance for Business Leadership is a Bay State based non-profit public affairs community for CEOs, Investors and Entrepreneurs committed to greater social and environmental responsibility. More than 150 founders, CEOs, and managing principals of Massachusetts companies – the vast majority of which work outside of the Bay State’s burgeoning clean tech industry but including many of the state’s fastest growing companies large and small – participate in our Alliance. And the Alliance for Business Leadership is an enthusiastic supporter of Cape Wind. >>View Article

Austin, Texas Closes In On 35% Renewable Energy

June 19 -- Austin, Texas is about to meet its goal of getting 35% of its energy from renewables, four years before the 2020 target date. Its utility, Austin Energy, is about to sign contracts for two large-scale wind farms that would bring 570 megawatts (MW) from the Gulf coast. The City of Austin will sign 25-year power purchase agreements to receive the energy at a cost of $1.4 billion. >>View Article

Why you should care about Solar Impulse and renewable energy’s long, long journey

June 19 -- It has now been more than 45 days since Solar Impulse took off from San Francisco for an across-the-nation journey powered only by the sun, and already there’s fatigue in some corners. When Solar Impulse finally landed in Washington, DC this weekend, there were no jubilant crowds of the type that met Charles Lindbergh when he arrived in Paris after his epic transatlantic flight. >>View Article

Wall Street Journal Hosts More Wind Myths

June 19 -- A Wall Street Journal op-ed authored by a staffer of the industry-funded Heartland Institute claimed that "[p]hysical limitations" will not allow wind to become a major source of our power. However, he ignored recent positive developments for the wind industry and areas where further innovation can help wind capacity further grow. >>View Article

Why Tesla's Success Matters

June 18 -- Tesla's repayment of a Department of Energy loan nine years ahead of schedule is welcome news and another indication that use of electric vehicles is growing -- both here and around the globe. Domestic sales of these automobiles tripled between 2011 and 2012, with more than 100,000 sold. Hybrid and plug-in vehicles accounted for almost 4 percent of total new car purchases in the United States. The International Energy Agency projects that, worldwide, there could be 20 million electric vehicles on the road by 2020. This is great progress. But there is more work to do to assure that EVs are part of our clean energy future -- and many reasons why we need to succeed. >>View Article

 

Energy and American Power

June 18 -- Energy is a profoundly important aspect of U.S. national security and foreign policy: the availability of reliable, affordable energy is essential to economic strength at home, which is the foundation of U.S. leadership in the world. Scarce resources have driven both commerce and conflict since time immemorial -- and still do today. Energy supplies present strategic leverage and disposable income for countries that have them. >>View Article

 

Rey - Climate change goes to war

June 18 -- This past week, floods in Europe have driven hundreds of thousands from their homes, killed more than 20 people and inflicted expected costs of more than $14 billion. Just the latest in a series of devastating storms - from the deadly tornadoes in Oklahoma to Hurricane Sandy - these events demonstrate the effects of climate change on our world today.

Fortunately, there is something we can do to prepare our local communities for ever-stronger storms and waves. We should follow the military's lead in tackling climate change, through investing in clean energy innovation. >>View Article

 

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