The extended tax credits will prove a great present for thousands of workers in the renewable energy industry. President Obama signed legislation on Friday extending key tax credits supporting renewable energy projects and biofuel use.

A new report out by the Solar Energy Industry Association (SEIA) and GTM Research, the inaugural U.S. Solar Market Insight™ report, finds that solar power is going to continue its rapid growth in the United States.

Chris Huhne threatened to get heavy-handed with gas and electricity providers on Tuesday, warning that he would step in if the industry failed to tell customers about price rises.The energy secretary hit out at providers who “put up their prices without telling you for three months”.

The Egyptian wind energy industry is all set to contribute an additional 2,500 MW capacity to the nation. Under progress are field studies towards establishing wind farms by means of the private sector. These wind farms will be ideally located in the Gulf of Suez while slated to become operational by the year 2014.