Wednesday, January 2, 2013

Green Blog: On Our Radar: A $2 Billion Solar Acquisition

Warren Buffett?s MidAmerican Energy is acquiring two SunPower photovoltaic power projects in California for $2 billion to $2.5 billion, the companies say. The plants are expected to go online in 2015 and, at peak output, rival a fossil fuel plant?s generation. [Forbes]

China is releasing hourly air pollution monitoring data in 74 of its biggest cities, measuring levels of small particulates, sulfur dioxide, nitrogen dioxide, ozone and carbon monoxide, the state news agency Xinhua says. [Reuters]

A one-year extension of the federal tax credit for wind power, part of the Congressional budget compromise, will save as many as 37,000 jobs in the industry, the American Wind Energy Association estimates. Unlike the former tax credit, it will cover all wind projects that start construction in 2013; they will not have to be feeding the grid by the end of the year. [Bloomberg]

Republicans and Democrats from New York and New Jersey denounce a House decision to pull legislation on aid to help the states recover from the trail of devastation left by Hurricane Sandy. [Associated Press]

Source: http://green.blogs.nytimes.com/2013/01/02/on-our-radar-a-2-billion-solar-acquisition/?partner=rss&emc=rss

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