CleanTech OC Daily - 10/12/12

Friday, October 12, 2012

US government reaches 10GW goal
In his State of the Union address, President Obama challenged the U.S. government to authorize 10GW of renewable energy on our public lands by the end of 2012. Now, after granting approval for the Chokecherry and Sierra Madre wind energy project in Wyoming, the U.S. will reach that goal.  The proposed development could be up to 3GW in size and will create around 1,000 construction, operation and maintenance jobs, as well potential generating enough energy to power nearly one million homes.

According to a new study from the Economic Policy Institute, which analyzed data on the green workforce from the Bureau of Labor Statistics (BLS), the rate of job growth in greener industries has increased over the last decade. The data documented 3.1 million U.S. green jobs in renewable energy, water management, recycling, and various positions that help improve the efficiency and environmental footprint of a company or institution.

808 Renewable Energy Corp., based in Huntington Beach, has filed an initial public offering with the Securities and Exchange Commission to raise $4 million. The start-up seeks to sell 1 million shares of common stock and list on the American Stock Exchange or another trading board, according to a regulatory filing last Friday. 808 is focusing on cogeneration plants, which are small power stations that produce electricity for buildings by capturing steam and exhaust and convert it to electricity for a building’s heating and cooling system.

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