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The IHT has a report on a plan by Matt Simmons and George Hart to build the world's largest wind farm in the gulf of Maine - Plans for the world's biggest wind farm. It is not the usual green suspect. But it hopes to build a 5-gigawatt, deep-water wind farm - the largest in the world, equal to the output from five nuclear plants. "It" is the Ocean Energy Institute, a tiny research organization founded by Matthew Simmons. An energy investment banker who specializes in oil and gas, Simmons was an energy adviser to President George W. Bush. His main partner, George Hart, is a physicist who consults for the Pentagon on the Strategic Defense Initiative, where he uses supercomputers for the mathematical modeling of complex systems. He also co-invented a laser used for eye surgery and semiconductor manufacturing.

In a move that will bring thin-film solar panels to the U.S. residential market, First Solar has signed a deal to provide installer SolarCity with 100 megawatts' worth of solar arrays over the next five years. First Solar is also investing $25 million into SolarCity, the Silicon Valley startup backed by Tesla Motors founder Elon Musk. This is First Solar's initial foray into the home market - and apparently the first of any thin-film solar module maker. Thin-film solar panels are made by depositing solar cells on sheets of glass or flexible material and use little of the expensive silicon that forms the heart of more bulky conventional solar modules. That makes thin-film panels cheaper, although they are less efficient at converting sunlight into electricity. And thin is in for homeowners who prefer less-obtrusive panels on their roofs.

Ikea's innovation was to cut storage and transport costs with flat-pack furniture, and at the same time bring some simple and attractive design to mass manufacturing. Now the Swedish company plans to bring this buying power to alternative energy. Johan Stenebo of Ikea spinoff company Greentech will invest $75 million in solar companies and wants the retail giant to start selling the products in Ikea store in two to four years.

A New Jersey company said on Tuesday it will invest $20 million over three years to develop an underground compressed-air storage system for wind turbines and other power sources, a sign of growing confidence in the technology. Energy Storage and Power is a joint ventured formed by energy developer PSEG Global and Michael Nakhamkin, who designed the only compressed air-storage facility in the U.S.

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).

You can't always get what you want, the Rolling Stones counseled. But if you try sometimes, you get what you need. Factor billions of dollars, questionable loyalties and a privatization rap sheet invested more in profit than people into the equation, and you usually can get both what you want and what you need. In the case of hyper-loaded oil tycoon T. Boone Pickens, that means having your cake on climate crisis, fossil fuel addiction, eminent domain, water privatization and corporate earnings -- and eating it too.

The solar industry is booming. With waves of investment and grants, the solar power industry is for the first time becoming a serious business. New power plants will soon be pumping power out to consumers, while other firms market to sell panels directly to the consumer, providing them with a more direct means of experiencing solar energy.

Geothermal Energy We have found the company that is ready to lead the way on this exciting new energy technology. The company is one of the world's leading vertically integrated companies in the field of geothermal energy. Geothermal energy is one of the cleanest, most abundant sources of energy on the planet and now is the time to know as much as possible about this great new investment. This companies technologies and its subsidiaries engage in the geothermal and recovered energy power business. Before we get into the details of this business, lets take a closer look at what geothermal energy really is.

Texas, headquarters of America's oil industry, is about to stake a fortune on wind power. In what experts say is the biggest investment in the clean and renewable energy in U.S. history, utility officials in the Lone Star State gave preliminary approval Thursday to a $4.9 billion plan to build new transmission lines to carry wind-generated electricity from gusty West Texas to urban areas like Dallas.

Last week, Vice President Al Gore presented the American people with a challenge: meet 100% of our electricity needs through renewable energy within 10 years. Al would be the first to acknowledge this is not a minor task. And yet it is an urgent one, a challenge that will require a transformation in how we invest our time and money, and how we view ourselves.

Global investment in sustainable energy amounted to $148 billion in 2007, a 60 percent gain over 2006, according to a United Nations report (PDF) Tuesday. That will grow to $600 billion past 2020, reported New Energy Finance, a consultant to the U.N. Environment Programme.

Field of mirrors in Spain generates solar-thermal electricity As the sun rises over Seville in southern Spain, its blinding light bounces on a field of 624 mirrors surrounded by sunflowers. Subscribers must LOG-IN to read this full story. Once you are logged in, all stories appear in their entirety.

In South Korea, wind power would be a likely resource to help the world's tenth largest energy consumer meet government goals to lower fossil fuel dependency through greater investment in renewable energy.

World Bank funding for efficient and renewable energy rose 87 this year to nearly $2.7 billion, reflecting the importance of moving to a low-carbon economy, the bank's energy chief said on Thursday. Investment in "green" energy projects is essential for poor countries hit hard by soaring oil prices, said Jamal Saghir, World Bank Director for Energy, Transport and Water.

The Solar Electric Power Association (SEPA) has outlined four easy steps to a thirty fold increase in the size of the US solar power industry between 2009 and 2016, leading to over $230 billion worth of investment and the creation of 440,000 permanent jobs. The influential industry group laid out the plans at this week's Solar Power International conference in San Diego. The four key recommendations to achieve this goal are as follows:

The nature has paid the price for extraordinary expansion of human civilization; the non-renewable energy resources of the world have been nearly exhausted. Now scientists all over the world are trying to work out a solution to make up the energy shortage that the human civilization is going to face in the coming years. Among many other products under development, the scientists have invested great hopes in the potentials of wind powered electricity generators. This is a system that harnesses the power of the wind to produce usable energy.

A solar power station, reportedly the largest in China, will be built up in the Chadam Basin, Qinghai Province in 2009. With total investment of about CNY1 billion for the first phase, the project will use thin film amorphous silicon and crystalline silicon photovoltaic array technology. Its first phase will have a capacity of 30MW and it will be the largest solar power station in China when completed.

The American Wind Energy Association (AWEA) and the Solar Energy Industries Association (SEIA) have released a white paper titled "Green Power Superhighways: Building a Path to America's Clean Energy Future," detailing current inadequacies of the U.S. electric transmission infrastructure and offering policy solutions to address them. Inadequate transmission capacity is a significant barrier to renewable energy development in the U.S. The release of the paper comes at a critical time. President Obama and Congress have made strong commitments to renewable energy as a driver for jobs creation and economic growth, but the nation's renewable energy resources can not reach their full potential without renewed investment in the country's transmission infrastructure.

WorldChanging has a post on a Rocky Mountain Institute backed initiative to pave the way fro smart grids and electric vehicles - Project Get Ready Aims to Create Electric Vehicle Revolution. Creating a well functioning smart grid - cyclically connected to smart vehicles and buildings and houses, as well as personal and public renewable energy systems - will be no small infrastructure feat. Utility providers, technology innovators, neighborhood councils and local governments will need to come together to provide needed support -- both monetarily and ideologically. Although U.S. President Obama and the recently passed stimulus plan are pushing the renewable, electric energy revolution forward, residents across the nation might need more motivation to make the leap from fossil fuel users to plug-in pioneers. A new project, headed by "think-and-do" tank the Rocky Mountain Institute, is offering to help city leaders provide community members with that extra inspiration. The initiative, Project Get Ready, supplies a menu of strategies that are meant to help cities prepare for the "plug-in" transition. According to RMI, problems related to individual hesitancy toward purchasing electric vehicles and investing in the infrastructure itself, can "be overcome if cities/regions become ecosystems that welcome electric vehicles."