Green news harvest: Trash-to-electricity, a Sahara-to-EU 'supergrid'
Inverter maker Xantrex gets bought for about $500 million; Rocky Mountain Institute argues for a portfolio approach to renewables;first coal-to-liquids plant in the U.S.; why clean-tech VC take a shine to Obama; Postal Service looks to alt fuels.
- A sampling of green-tech news with quick commentary:
- CleanTech Biofuels to begin producing renewable electricity--press release
Tests show that has 75 percent of the energy of coal. The company intends to use both coal and garbage to make electricity.
- French company to buy Xantrex Technology for about $500 million--The Canadian Press
Xantrex makes inverters for renewable energy systems, like solar panels or wind turbines. The buyer is energy management firm Schneider.
- Getting a (firm) grip on renewables--Rocky Mountain Institute
RMI advocates a portfolio approach to renewables where utilities use solar and wind together, combined with .
- EU eyes 'supergrid' to harness Saharan sun--EurActiv.com
The basic idea: build massive solar power plants in North Africa and construct transmission lines to supply Europe.
- Coal juice: High energy prices prompt first U.S. coal-to-liquids plant--WSJ.com
America's first coal-to-liquid plant will use a technology that dates back to the 1920s. Environmentalists, by the way, hate this approach.
- Why cleantech investors love and back Obama--Earth2Tech
The numbers don't lie: Barack Obama has much more support in aggregate among clean tech VCs than John McCain.
- Postal Service wants to green 90 percent of fleet--Environmental Leader
Fleets are one of the best ways to test out new fuels and car technologies.