U.S. Energy Secretary Chu has announced the Department of Energy’s (DOE) $102 million loan guarantee to Record Hill Wind, LLC has been approved. The loan, to be given in combination with an investment by the…

The U.S. Department of Energy Secretary has announced a conditional loan guarantee of $150 million to 1366 Technologies, Inc., that is in development of a multicrystalline wafer manufacturing project. This patented process called, Direct Wafer, could potentially slash manufacturing costs of silicon wafers by 50 percent — significantly reducing the price…

As part of the Obama Administration’s comprehensive plan to address rising gas prices, U.S. Agriculture Secretary Tom Vilsack and U.S. Energy Secretary Steven Chu have announced a total of $47 million to fund eight research and development projects that will support the production of biofuels, bioenergy and high-value biobased products from a variety of biomass sources. These investments in clean, sustainable transportation fuels will help reduce U.S. oil imports…

Finally, some good news for those who are thinking of buying an EV! This month, ECOtality North America received a $2.87 million grant from the city of San Francisco to establish charging stations throughout the U.S. The company is set to develop over 15,000 of their Blink charging stations in 16 cities throughout Oregon, Washington, California, Arizona, Tennessee and Texas – as well as the District…

The Department for International Development (DFID) is presently funneling 10 to 15 percent of its overseas aid budget through the World Bank. UK aid organizations have expressed concern, as the majority of this financing does not go toward the aid of less industrialized nations, but rather has been funding a shocking number…