Daily Sprout


Financial Wizards Wanted: Tax equity investors, the financial specialists that convert tax credits into capital that developers can use to build new wind turbines and solar farms, have all but disappeared — just when they’re needed most. — BusinessWeek

Mass Transit Squeeze: More Americans than ever are using public transit as record budget shortfalls force transportation agencies to cut costs and raise fares. Don’t count on help from the feds; bickering over transit spending is part of the reason that the stimulus package is currently stuck in legislative limbo. — Wired’s Autopia

Hybrid Sales Bad, But Could Be Worse: Reported sales of hybrids in the U.S. last month dropped 32.2 percent by volume compared with January 2008 — a lower rate of decline than that of the overall light-duty vehicle market. — Green Car Congress

Mr. President, Meet IRENA: First Solar wants the U.S. to join the 75 countries that have already signed on with the newly created International Renewable Energy Agency to encourage global clean energy development. — PV Tech

REVA Rolls On: India-based REVA Electric Car plans to double production capacity for its mini electric vehicles to 60,000 units per year with a new factory in Bangalore. — Cleantech Group

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