Stimulus Appears to Be Sparking Alt-Energy Revival: Scientific American
Excellent article from Scientific American technology section about how President Obama's stimulus plan is sparking an alternative energy revival.
It starts out with...
"NEW YORK—There are signs that the federal stimulus might be pumping a little life into the alternative-energy industry.
Financiers and law firms specializing in renewable energy say they see growing interest in reviving moribund projects and breaking ground on new deals. And while big banks that have braced the industry's backbone are still on the fence, some hedge funds and private equity and venture capital firms are cautiously looking to take advantage of stimulus provisions that temporarily eliminate the need for tax equity financing, which has long been a mainstay for renewable energy projects."
Excellent read for anyone wanting more information and resources on renewable and alterative energy. If you have any specific questions relating to residential or commercial energy consumption, please call Sean Cantrell or Mike Smith at 804.323.0189.
Saturday, March 21, 2009
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