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…

In an effort to expand its renewable energy investment portfolio, GE Energy Financial Services has announced its newest equity plunge in the largest wind power project in Idaho. Aptly titled Idaho Wind Partners project, the venture is anticipated to create roughly 175 construction jobs as well as permanent employment for operations and ongoing seasonal maintenance needs. Moreover, according to the National Renewable Energy Laboratory…

21st century green initiatives are sparking life in today’s economy. Particularly, there have been a few major investments in renewable energy technologies that have positively influenced the stock market. In recent news, ProLogis, a leading global provider of distribution facilities has made a tremendous investment in solar rooftop implementation in Southern California. This is one of many enormous green investments following Earth Day 2010, but what type of impact is…

National Grid, a leading New England power utility, and Cape Wind, the controversial company behind a much-debated Nantucket Sound wind farm, filed an historic contract with the Massachusetts Department of Public Utilities. Under the terms of the agreement, National Grid will purchase power from what will be the nation’s first major offshore wind farm, a facility expected to come online at the end of 2012. The move fulfills the requirements of the Green Communities Act, which mandates that all the investor-owned utilities in the Commonwealth of Massachusetts enter into…