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The California city of Berkeley has approved a new financing scheme for loans to homeowners who install rooftop solar panels, a landmark programme that could inspire other US cities to follow suit. The Berkeley scheme would finance city-backed solar loans through a small addition to the property taxes of each participating home, eliminating the need to find up-front cash to install panels that can cost the average American upwards of $30,000.

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British buildings equipped with solar, wind and other micro power equipment could generate as much electricity in a year as five nuclear power stations, a government-backed industry report showed today. Commissioned by the Department for Business, Energy and Regulatory Reform (DBERR), the report says that if government chose to be as ambitious as some other countries, a combination of loans, grants and incentives could lead to nearly 10m microgeneration systems being installed by 2020.

The City Council on Wednesday became the first in Ohio with a plan to channel grants and loans to residents and businesses to replace tar and shingles with vegetation. Supporters of the idea want to see Cincinnati become a leader in green roofs, a European-born movement that has spread to only a few U.S. cities, including Chicago, Milwaukee and Seattle.

An aide to Obama said Friday that the administration plans to add 20 gigawatts (GW) or more of wind power and 4 GW of geothermal and solar power by 2012 through loan guarantees and fast tracked national renewable energy requirements, like the Renewable Portfolio Standard. Last May the U.S. Energy Department estimated wind power could provide almost a quarter of U.S. electricity. Trade groups from the U.S. wind and solar industries were happy with the news, considering that the current economic environment for commercial credit has lowered all boats as it were, with all investment now endangered - not just investment in risky financial instruments, but even those investments in renewable energy that are essential to growing a stable economy. 4 votesBuzz up! No other country, in any single year, has added the volume of wind capacity that was added to the US electrical grid in 2007 with both wind and solar growing well over 40%, but with the credit crunch affecting all sectors of the economy, new projects could drop by as much as 50%, without help from the Federal government.

Today the Department of Energy (DOE) announced the award of 16 new Indefinite Delivery Indefinite Quantity (IDIQ) Energy Savings Performance Contracts (ESPCs) that could result in up to $80 billion in energy efficiency, renewable energy, and water conservation projects at federally-owned buildings and facilities. ESPCs help to meet the federal government's energy efficiency, water conservation, and renewable energy goals. The federal government is the largest single user of energy in the United States and these awards demonstrate a commitment to sound government stewardship by recognizing efforts to save energy, reduce federal energy costs, cut greenhouse gas emissions, bring more cutting-edge technologies to use, strengthen national security, and create a stronger economy.