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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

Green Car Congress attended the Renewable Energy Finance Forum - Wall Street (REFF-Wall Street) conference (23-24 June) sponsored by Euromoney Energy Events and the American Council on Renewable Energy (ACORE). by Bill Cooke. M barrels/day of oil within the next 10 years ”. Billion vs. $28.3 Billion in 2008). Cap and Trade Disappointment.

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California Startup Aurica Motors Trying to Keep NUMMI Plant Open for Manufacturing Electric Cars, Battery Swap System

Green Car Congress

Aurica is trying to obtain Federal economic stimulus funding to convert NUMMI to electric car manufacturing, but is also open to private financing. Planned production would be 5,000 cars in the first year of production, moving up to 50,000+ within three years. The PEP station concept is not compatible with the Better Place system.

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California Governor Schwarzenegger Announces 244 Proposed Renewable Energy Projects Throughout State; Up to 69,925 MW of Capacity

Green Car Congress

These proposed projects throughout the state include solar, wind, geothermal, biomass and small hydro facilities and will help move California towards achieving the renewable energy goal of 33% by 2020. Currently California facilities produce just more than 8,000 MW of renewable energy annually.

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US Departments of Treasury, Energy Announce More Than $3B in Recovery Act Funds for Direct Payments for Renewable Energy Projects

Green Car Congress

Funded through the American Recovery and Reinvestment Act (Recovery Act), the program will provide direct payments in lieu of tax credits in support of an estimated 5,000 biomass, solar, wind, and other types of renewable energy production facilities. This direct payment program allows for an immediate stimulus in local economies.

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World Economic Forum Report: US$515 Billion Per Year Needed in Green Investments

Green Car Congress

The report’s authors, Max von Bismarck and Anuradha Gurung from the World Economic Forum, and Chris Greenwood and Michael Liebreich from New Energy Finance, argue that “ enormous investment in energy infrastructure is required to address the twin threats of energy insecurity and climate change. billion) in 2004.

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Greenius Goes All AB 811 Over Green Task Force

Creative Greenius

Creative Greenius talks AB 811 Financing to the Green Task Force / photo (c) Debra Bushweit Galliani. SBESC's Marilyn Lyon talks about Federal Stimulus Funding / photo (c) Debra Bushweit Galliani. We also learned from Marilyn Lyon that Federal Stimulus money will be coming L.A. County Solar Map.

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The Summit On Clean Tech Law & The New Energy Policy

Creative Greenius

Sunpower Corporation’s VP of public policy, Julie Blunden, will be sharing her views on how incentives and laws shape & drive demand for solar energy. UCI’s solar energy research center will be presenting their advice on partnering with the private sector to leverage research in the pipeline & to commercialize it.

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