By Institute for Energy Research
The Obama Administration sold its $787 billion stimulus plan on the basis of improving the economy through investing in green energy and by doing so, increasing employment in the United States. But what is actually happening, particularly with wind and solar projects, is that the majority of the manufactured components [...]

MUNCIE, IN - Delaware County is establishing itself as a dynamic center for green, renewable and alternative energy innovation. VAT-Energies, LLC and VAT-Service, LLC a wholly owned subsidiaries of VAT-Service Getriebetechnik in Germany announced today the company’s plans to locate its North American corporate headquarters, service and manufacturing facilities near Yorktown in Delaware [...]

By James Kanter
Global investors spent about $250 billion building new power capacity in 2008, and for the first time the lion’s share of that money went to renewable sources, according to the United Nations Environment Program.
Renewable sources accounted for 56 percent of investment dollars, worth $140 billion, while investment in fossil fuel technologies was $110 [...]

LONDON: Crude oil prices rose more than 2% to a seven-month high on Monday, extending its biggest monthly gain in a decade due to rallying stock
markets and sustained expectations for a global economic recovery.
US stocks rose, following gains in Europe and Asia driven by data showing China’s manufacturing continued to expand moderately in May. [...]

PRAGUE (Dow Jones)–Czech power utility CEZ AS (BAACEZ.PR) and Slovak state-owned Nuclear and Decommissioning Company, or Javys, Friday signed a contract to form a joint venture to build a new nuclear power plant in Slovakia.
The new plant is expected to have a generating capacity of up to 1,600 megawatts and will be located 60 [...]

(WORLD-WIRE) LOS GATOS, Calif., May 26 /PRNewswire/ — Tigo Energy, (www.tigoenergy.com), the solar company whose unique technology significantly increases efficiency in photovoltaic solar installations, announced today that it has closed the second round of funding.
The $10 million round was led by ICV, and joined by all existing investors (Matrix Partners, OVP and Clal Energy). The [...]

LONDON (AFP) – World oil prices fell under 60 dollars per barrel on Tuesday, pressured by the strengthening US currency and weaker European equities, as traders awaited this week’s crucial OPEC output meeting.
New York’s main futures contract, light sweet crude for delivery in July, retreated 1.88 dollars to 59.79 dollars a barrel.
London’s Brent North Sea [...]

HOUSTON, May 22 — Energy prices fell May 21 with the biggest one-day drop in natural gas futures prices since August 2007 as the major US equity stock indexes were hammered and the dollar gained in value.
The front-month crude contract fell from a 6-month high but remained above $61/bbl on the New York Mercantile [...]

Regional gas pipeline, power grid mooted
Southeast Asian nations have joined East Asian nations to draft a road map for a regional oil stock to avoid disruption in supply, said Dr Weerawat Chantanakome, energy policy planning councillor for the Ministry of Energy.
The plan concerns the Asean Petroleum Security Agreement (APSA), inked by Asean countries in March [...]

MOSCOW — As energy markets shrink, the same tactics that the Kremlin used to build Gazprom, the giant energy company, into a fearsome economic and political power that could restore Russian influence in the world are now backfiring, slashing both its profits and its influence.
Throughout his eight years as president of Russia, Vladimir V. Putin [...]