Exclusive: Pachauri: I.P.C.C. report can guide renewable energy industry
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 The chairman of the world’s No. 1 international body for the assessment of climate change stressed that his agency’s report will be useful for the global renewable energy industry. “The [Intergovernmental Panel on Climate Change’s] Special Report on Renewable Energy Sources and Climate Change Mitigation is the most comprehensive compilation of knowledge on renewable energy assessed by the leading scientists, technologists and policy analysts familiar with this field, from all over the world.
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ABU DHABI, May 9 (Reuters) – Renewable sources such as solar, wind and hydropower could fulfill almost 80 percent of the world’s energy demand by 2050 with the right policies, according to a United Nations report which won backing from governments on Monday. The 26-page study, by the U.N.’s Intergovernmental Panel on Climate Change, broadly matched a draft written by scientists. It was approved by government delegates at talks in Abu Dhabi.
SunBorne Energy, a Haryana, India-based solar company that provides utility scale products, and Suntech Power Holdings Ltd., one of the world’s largest producers of solar panels, agreed to supply India with 100 megawatts of solar panels over the next two years. SunBorne Energy, based in Gurgaon, will install the panels while Suntech supply the modules. 
WASHINGTON (Reuters) – The Senate may vote on bills this month to promote clean energy and small nuclear reactors, Senate Majority Leader Harry Reid said on Tuesday. Congress and the White House are under pressure to fight soaring fuel costs, which are cutting into consumer spending and threatening an economic recovery.
NRG Energy, Inc., the largest independent power producer in the United States, had significant quarterly losses following its decision to abandon the development of two nuclear plants in Texas although it vows to bounce back with more utility-scale solar power plants in the coming months.
By 2050, a British government think tank estimated that local wave and tidal industry could seize up to £76 billion (2.9 billion) of the market, bringing in £15 billion earnings (.28 billion) and 68,000 jobs to the economy. The analysis, recently released by Carbon Trust, found that up to 240 gigawatts of wave and tidal energy could be deployed globally by 2050, with deployments ramping up in the next decade for a global market worth up to £460 billion.
Clean Energy Fuels Corp. has received a -million contract to provide four compressed natural gas stations for Dallas Area Rapid Transit. The transit agency has awarded the contract as part of its plan to deploy a transit fleet powered by the alternative fuel.
The European Bank for Reconstruction and Development provided another 10 million euros (.82 million) loan to Bulgaria’s largest commercial bank in an effort to ramp up local businesses’ endeavors in energy efficiency and renewable energy. The E.B.R.D. previously endowed two similar loans to DSK Bank; a subsidiary of Hungarian OTP Bank operating in Bulgaria, to increase the latter’s support for energy efficiency projects in the private and residential sectors.
Brazilian utility CPFL Energia S.A. bought out renewable energy company ERSA Energias Renovaveis, as it branched out to small hydropower, wind, and biomass energy sources.CPFL Energia is the largest electricity distributor in Brazil, while ERSA operates in the line of small and medium-sized renewable energy generation particularly in hydropower, wind, and biomass.
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