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Wood biofuel- a competitive commercial alternative by 2020

According to a new released report by the University of British Columbia, wood biofuel could become a competitive alternative to corn ethanol fuel if it is supported. Large-scale production of wood-based ethanol could be considered more sustainable and is likely to cut capital and operation costs.

read more... 12/12/2011

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EIB accused of disadvantaging renewable energy in favor of fossil fuels

The European Investment Bank (EIB), the world's biggest lender to energy and climate action projects has been accused that it have doubled the funds given to fossil fuels between 2007 and 2010, while it has been allocated a slimmer support for the alternative energy.

read more... 09/12/2011

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Heliatek sets organic solar cells record

A Dresden based solar cell manufacturer, Heliatek G.m.b.H., has set a new world record of 9.8 percent efficiency for organic solar cells (made with conductive organic polymers and molecules) which are considered to be more competitive in term of costs and more flexible than inorganic photovoltaic cells.

read more... 09/12/2011

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SunShot Initiative: Rooftop Solar Challenge

Recently, the U.S. Department of Energy announced the USD 12 million in funding for the awardees of the Rooftop Solar Challenge as part of SunShot Initiative which is a collaborative national effort to make solar power more accessible and affordable for power consumers, at the same time saving money and time for local governments which are facing tight budgets.

read more... 08/12/2011

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Largest Indian PV plant to get 48 million dollars loan

The largest Indian solar PV power plant, with a total capacity of 40 MW, received a long-term loan from the Asian Development Bank worth 48 million dollars. The Dahanu solar power plant will be built in the western state of Rajasthan, and it is planned to be completed by the second quarter of 2012.

read more... 07/12/2011

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