Sustainable Energy News: 04/24/12

Tuesday, April 24, 2012

Organic Waste Recycling Draws in $110 Million

Organic Waste Recycling Draws in $110 Million - Energy Digital

Start-up company Harvest Power Inc. just raised $110 million to help turn some of America's huge sums of organic waste into energy and fertilizer. Along with Waste Management Inc., the nation's largest trash processor, the two companies have vowed to stop using landfills completely in upcoming years as New York City evaluates new waste-to-energy facilities.

Aqualia Uses Wastewater to Generate Energy

Aqualia Uses Wastewater to Generate Energy - Energy Digital

A Spanish wastewater company, Aqualia Gestion Integral del Augua SA, started a $15.9 million (12 million-euro) project to use wastewater and algae to generate energy. The project will grow the algae using sunlight and nutrients in the wastewater, which will then be harvested for transformation into biofuels. According to Aqualia, the All-Gas project could generate enough biomethane and biodiesel for 400 fleet vehicles.

NASA's Algae Biofuel Research Project Ready

NASA's Algae Biofuel Research Project Ready - Energy Digital

NASA reveals a newly developed system that produces algae biofuel, fertilizer and possibly animal feed, while capturing carbon dioxide and preventing pollution from wastewater. The Offshore Membrane Enclosures for Growing Algae (OMEGA) system consists of self-contained bags of wastewater and algae cultures that float in seawater off the coast to produce biofuels.

25MW Solar Plant Opens in Asia's Largest Solar Park

25MW Solar Plant Opens in Asia's Largest Solar Park - Energy Digital

MUMBAI, India, April 18, 2012 -- /PRNewswire/ -- SunEdison, a leading worldwide solar energy services provider and subsidiary of MEMC Electronic Materials, Inc., announced the activation of a 25 Megawatt (MW) solar photovoltaic (PV) power plant located within a multi-developer, multi-facility solar park at Charanka village in Patan district, Gujarat, India. The project, which was completed in four months, is comprised of more than 89,000 solar PV modules. With the completion of this plant, SunEdison has now activated a total of 45MW as part of the Gujarat Solar Program.

EU Says Carbon Auctions Review Won’t Reduce Amount of Permits

EU Says Carbon Auctions Review Won’t Reduce Amount of Permits - Bloomberg

The planned review of European Union’s carbon-permit auctioning regulation would change the timing of sales, while keeping intact the amount of allowances to be sold in the next trading period from 2013, the EU said.

Maplecroft names most climate-innovative US companies

Environmental Finance | News | Maplecroft names most climate-innovative US companies

General Electric (GE), aluminium producer Alcoa and automotive supplier Johnson Controls have been named the leading US companies in terms of clean-technology innovation and business adaptation to climate change, by risk analysis firm Maplecroft.

EIB issues $148m climate bond

Environmental Finance | News | EIB issues $148m climate bond

The European Investment Bank (EIB) has issued a SEK (Swedish krona) 1 billion ($148 million) ‘green’ bond, in participation with two new underwriters. The seven-year Climate Awareness Bond (CAB) will offer “the opportunity for investors to finance projects involving climate protection, while enjoying an attractive spread over the relevant Swedish government bonds and swaps”, said the EIB.The European Investment Bank (EIB) has issued a SEK (Swedish krona) 1 billion ($148 million) ‘green’ bond, in participation with two new underwriters.