Gottlieb Paludan, a Danish architectural firm, has come up with a revolutionary plan to store green energy which may solve the world energy crisis. The firm has proposed to take the world’s uninhabited islands and turn them into Green Power Islands, in which power would be generated on land through wind or solar — depending upon the climate — and the surrounding water would be used to store the power using pumped hydro. Pumped hydro is an efficient and feasible way…

Cogentrix Energy, a leading power developer, has announced a deal to build a 30 MW solar power plant near Alamosa, Colorado. The facility will use concentrated photovoltaic systems (CPV) provided by California firm Amonix, and will be the largest of its kind across the globe. Owned by Goldman Sachs energy unit, Cogentrix will develop the project to provide power to the utility Public Service Company of Colorado, part of Xcel Energy. Amonix’s CPV technology utilizes lenses to focus…

On his website over the weekend, Democratic nominee Jerry Brown announced his jobs plan to create jobs in the renewable energy industry and promote private businesses. His plan calls for California to generate 20,000 new megawatts of renewable energy, as well as placing solar panels on roofs and along highways throughout the state. “Most new jobs should and will be created in the private sector, but government can play an important role in estalbishing a favorable climate for job…

A new legislation was recently introduced in the Senate to provide an investment tax credit (ITC) to energy storage facilities. Senate Bill 3617 – the Storage Technology of Renewable and Green Energy Act of 2010 (the “STORAGE 2010 Act”) – would provide up to $1.5 billion in tax credits to storage projects which are connected to the U.S. electric grid. This initiative is intended to support intermittent energy sources, including wind and solar power, while moderating energy….

An investment arm for electric utility PG&E Corp. recently announced it will invest $100 million in rooftop solar systems for 3,500 new homes in five U.S. states, from California to New Jersey. As a partner in the project, San-Francisco based SunRun will offer long-term lease and power purchase agreements to homeowners, who in turn will…