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The Week in Green Energy: Getting to 1603�

On Thursday night Senate Majority Leader Harry Reid (D � Nev.) introduced a tax package with a provision that would extend by one-year important green energy stimulus programs, including the very popular 1603 cash grants. By adding the green funding provisions Reid hopes to get liberal Democrats to support the tax cut extension brokered by…

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Another �Green� Legislation Hits Senate: $1.5B For Energy Storage Companies

The Senate is considering yet another green-focused legislation. The� Storage Technology of Renewable and Green Energy Act of 2010, or simply� Storage 2010, introduced yesterday by Senators Jeff Bingaman (D-N.M.), Ron Wyden (D-Ore.) and Jeanne Shaheen (D-N.H.), could provide energy storage companies up to� $1.5 billion� in federal tax credits.�

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The Week In Green Energy: Offshore In the USA�

Interior Secretary Ken Salazar, making the announcement in Boston, conceded that his decision would not please everyone on nearby Cape Cod, where residents will have the best view of the 130 Siemens offshore wind turbines to be deployed across the Nantucket Sound.

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Blackstone Makes Political Friends By Dropping Nevada Coal-Fired Power Project

The Blackstone Group, the New York-based buyout shop,� will not develop a coal-fired power plant in Nevada, weighing that the political fallout, at a time when Congress is considering legislation that could significantly alter its business model, was not worth it. For nearly seven years Blackstone’s portfolio company, Sithe Global, has been trying to develop…

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