23rd February 2009
In his weekly address, US President Barack Obama acknowledged the role of renewable energy in the US economy, and outlined measures including loan guarantees and tax credits to stimulate the sector.
He said, ‘Earlier this week, I signed into law the American Recovery and Reinvestment Act - the most sweeping economic recovery plan in history.
‘Obama continued, ‘Because of what we did, companies — large and small — that produce renewable energy can now apply for loan guarantees and tax credits and find ways to grow, instead of laying people off; . . . '
REST OF ARTICLE HERE:
http://www.newenergyworldnetwork.com/renewable-energy-news/by_technology/energy_efficiency/obama-highlights-role-of-renewable-energy-as-part-of-economic-recovery-package.html
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Renewable Energy
GE Energy Financial Services is rapidly growing and diversifying its portfolio of more than $4 billion in renewable energy assets. GE has a long track record of investing in wind, solar, biomass, hydro and geothermal power assets. In addition to renewable power assets, GE's renewables finance experts are examining growth opportunities in biofuels, greenhouse gas offsets, energy efficiency, and many other sectors.
Note the representative transactions at the bottom of this site:
http://www.geenergyfinancialservices.com/investment/investfocus_renew.asp
Note this representative GE deal: GE takes a 70% Equity holding and managing unit 30%. Hmmmm.
http://www.geenergyfinancialservices.com/press_room/press_releases/BabcockReleaseFeb122007_FINAL.pdf
COOL GE VIDEO: http://www.geenergyfinancialservices.com/video/GEproject.ae_medium.wmv
Good Hunting,
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