Renewable Energy Companies Consolidating to Boost Profits, Stay Viable

Expect to see an increase in consolidation and mergers among the renewable-energy companies in the coming year, says accounting and financial services giant Ernst & Young LLP. The drive to join forces will be a result of shrinking investments, lower prices and the uncertainty of government subsidies for alternative energy projects. This prediction is based …

PSC Says Trash Incineration Not Renewable Energy

To the satisfaction of advocates of clean energy in New York, Covanta Energy Corporation withdrew its petition to the New York State Public Service Commission to be considered as eligible as a form of renewable energy. Covanta’s request is the third time that the PSC considered trash incineration to be worthy of inclusion in the …

Covanta Energy Corp Hoping for Green Status

For the third time in a period of ten years the Covanta Energy Corp has requested to be recognized as a renewable power source by the New York State Public Service Commission. Covanta produces electricity from the incineration of garbage at their trash-burning power plant. They argue that the production of energy from garbage is …

Consumers Willing to Pay for Green Energy

In a recent study conducted by Vestas Wind Systems A/S, it was found that 50% of consumers are willing to pay more for products that are from companies that use renewable energy.  Morten Albæk, the chief marketing officer of this wind turbines company said that the data shows that “consumers have a strong preference for …

Google Investing in Renewable Energy

The mega successful search engine developer Google has been busy developing projects in the renewable energy sector. Wind Farm in California Google has already invested $400 million in a variety of clean-energy projects, with $55 million dedicated to the support of a wind farm in California. And more is coming to the rest of the …

NYSERDA Offers Incentives for Going Green

Building owners in New York may be eligible to receive financial incentives for the New York State Energy Research and Development Administration (NYSERDA) from the innovative program, the New York Green Residential Building Program (GRBP.) If the owner can prove that the building meets the requirements of the program then they might be eligible to …

Saratoga Hosts Green Energy Education Conference

Saratoga, New York played host this week to the fourth national conference entitled “Clean Energy Workforce: Education Conference.” The stated goal of the conference is to discuss creative and effective ways to educate workers in the renewable and energy efficiency workforce. This conference is the only national even which brings together innovative teachers who specialize …