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"The world's largest tidal power station will be constructed off the coast of Incheon. GS Engineering and Construction signed a memorandum of understanding with state-run Korea Hydro and Nuclear Power (KHNP) on Wednesday and will begin construction later next year with a view to completion around 2017. The power station will have a capacity of 1.32 million kw/h, surpassing the 1 million kw/h of a nuclear reactor being constructed in Ulsan and 3.4 times greater than the capacity of the Rance Tidal Power Station in France, currently the world's largest. It will generate 2.41 billion kw per year, the equivalent of 60 percent of Incheon's household electricity consumption."

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Vice President Joe Biden and Energy Secretary Steven Chu today announced plans to invest $3.2 billion in energy efficiency and conservation projects in U.S. cities, counties, states, territories, and Native American tribes. The Energy Efficiency and Conservation Block Grant program, funded by President Obama's American Recovery and Reinvestment Act, will provide formula grants for projects that reduce total energy use and fossil fuel emissions, and improve energy efficiency nationwide. "These investments will save taxpayer dollars and create jobs in communities around the country," said Vice President Biden. "Local leaders will have the flexibility in how they put these resources to work - but we will hold them accountable for making the investments quickly and wisely to spur the local economy and cut energy use."

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The Peruvian alternative energy company Iberoperuana Inversiones SAC has commenced construction on a 240 megawatt wind energy farm. It is Peru's first major alternative energy project. Iberoperuana Inversiones plans to invest $240 million in the farm, which is projected to provide clean electricity for an estimated 80,000 families in Peru's southern desert region of Paracas. The wind energy park will be located near the city of Ica (near Paracas National Park and the Nazca Lines) and will be known as the "Parque Eólico San Andrés" (San Andrés Wind Park).

And you thought the U.S. was getting big solar photovoltaic projects (like the one being built by SunPower for FPL, or SunEdison for Duke). But those will deliver just a little more than half of what a Godzilla-like solar PV project in Germany will soon provide. The managing director of solar builder Juwi Solar, Michael Martin, said Juwi has already built over half - or 26 MW - of what, at 40 MW, he claims will be the world's largest solar PV project, which could be completed as soon as the end of the year.

Despite an unstable regulatory environment-renewable energy tax incentives are stalled in the senate, BLM policy has been inconsistent- the United States will surpass Germany to be the largest market for solar power in the world by 2011, according to a report by JP Morgan, cited in Greentech Media. By 2011, the US will have an installed capacity of 1.6 gigawatts (with 920 MW in California alone), surpassing Germany's expected capacity of 1.35 gigawatts. The third largest market by this time will be South Korea with 957 megawatts of capacity.