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The Alternative Agenda: State Of The Union; EPA Greenlights Higher Ethanol Blending Requirement; Jeff Immelt Gets The President’s Ear

Keep Pushing For Energy Reform, Greens Urge President Ahead of� State Of The Union Given last November’s conservative tilt, there’s no chance for comprehensive energy reform legislation will land on the President’s desk in the next two years. But that new reality shouldn’t intimidate President Obama from protecting the EPA�s stated goal to regulate Co2�and…

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The Alternative Agenda: EverGreen Goes To China; GE Boosts Cleantech Portfolio; UN Secretary General Calls For Clean Energy Revolution At Abu Dhabi’s Clean Energy Summit

EverGreen Solar Takes Taxpayer Money and Goes To China EverGreen Solar, the Massachusetts silicon solar wafer panel maker, got $40 million in subsidies from the state of Massachusetts. However, that’s not stopped the company from laying off 800 workers and decamping to China where production costs, the company justified, are a lot cheaper. The news…

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The Week In Green Energy: The Tar Heel Green Giant

A green giant emerged this week. Duke Energy’s $13.7 billion acquisition of Progress Energy formed the country’s largest power company with a $37 billion market capitalization and a whopping 57 gigawatts of domestic generating capacity, largely from conventional resources (coal, nuclear and natural gas). But they�ll also be a big player in renewables. The combination…

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Indian Biomass Startup Scores Investment From GE

GE� has teamed up with� Reliance Venture Asset Management to invest in a Series A round of venture funding supporting an Indian biomass developer.

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GE, UnionBank Complete Lease Transation Supporting 150 MW Calif. Wind Farm

Terra-Gen Power, the New York renewable energy developer, has raised an undisclosed amount of equity financing by entering into leveraged lease transaction with GE Energy Financial Services, the energy-financing unit of GE and Union Bank subsidiary, Bankers Commercial Corporation.

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