Archive for September, 2008
New index shows carbon price up 28% in 2008
The price of voluntary carbon credits has risen by 26% on 2007 prices and 60% on 2006 prices, says industry analyst New Carbon Finance. The figures are obtained from the company’s recently launched “Voluntary Carbon Index”, part of their research into the regulatory development of the North American carbon markets.
The VCI was created […]
Ostara raises $10m for water recycling
Ostara Nutrient Recovery Technologies Inc., developer and marketer of proprietary technologies that recover resources from wastewater and recycle them into valuable products, announced today the completion of a U.S. $10.5 million private equity financing. The financing was led by VantagePoint Venture Partners, a Silicon Valley green tech investor. Also participating was Foursome Investments Limited, a […]
Pelamis launch wave power plant in Portugal
The worlds first commercial wave power plant will be opened today in Aguadoura, on the Portuguese coast. The project is a joint venture with 77% owned by a group of three promoters comprising global specialist asset manager, […]
Aussies put $100m a year into Carbon Capture Institute
The Australian government will invest $100 million per year in a new global carbon capture and storage institute, Prime Minister Kevin Rudd announced today, adding that carbon capture and storage had the potential to capture nine billion tonnes of carbon by 2050. This level of effective capture would represent 20 per cent of the […]
Green power for mobile phones
The GSMA, the global trade body for the mobile industry, today launched the Green Power for Mobile programme with the goal of helping the mobile industry use renewable energy sources, such as solar, wind, or sustainable biofuels, to power 118,000 new and existing off-grid base stations in developing countries by 2012. Achieving that target would […]
Bill Gates invests in Sapphire Energy biofuels
Sapphire Energy took another step closer to bringing Green Crude production to commercial scale today by announcing it has raised substantial additional financing from existing and new investors including an investment company owned by Microsoft founder Bill Gates.Sapphire Energy’s Series B round of investment brings the company’s total funding to substantially more than $100 million, […]
Mackie launches distributed wind power network
Maitland Mackie, the chairman of Rothienorman-based ice-cream firm Mackie’s of Scotland, has launched a scheme which he believes could solve the renewable energy shortfall whilst regenerating rural communities.
Launching the scheme yesterday, Mr Mackie said it was a “huge opportunity” for the whole rural community to share the “massive profits” to be made from green energy, […]
Is a lick of paint the answer to global warming?
Sometimes the simplest ideas are the best. Take a look at the new study from University of California’s Lawrence Berkeley National Laboratory, which says that simply painting roofs on homes and commercial buildings white - to reflect the sun’s rays back out into space rather than absorbing them - could slash US air-conditioning costs by […]
Novera tops out 100MW of wind power with Scottish approval
Pure play renewable energy provider, Novera Energy, has announced approval by the Scottish Borders Council of an 11-turbine Glenkerie Wind Farm, 5km north west of Tweedsmuir and 12km south east of Biggar, Scottish Borders. The wind farm’s capacity will be 22-27MW, depending on turbine selection.
Glenkerie is Novera’s second wind farm to be consented this year, […]
Fuel from food scraps could be Hydrogen gold mine
Researchers have combined the efforts of two kinds of bacteria to produce hydrogen in a bioreactor, with the product from one providing food for the other. According to an article in the August issue of Microbiology Today, this technology has an added bonus: leftover enzymes can be used to scavenge precious metals from spent automotive […]
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