Alternative Energy Daily News - May 29 , 2007

• Solar power is the fastest growing source of energy in the world and likely will become much more affordable in the next few years, according to a new report.
  


• GE Chairman and Chief Executive Jeffrey Immelt said his "green" ecomagination unit is on track to "blow away" its 2010 sales target of $20 billion as demand for environmental products and services surges.

• New Jersey utility to replace 1,300 fleet vehicles with hybrids over the next decade.

• Concern about environment creates shift in school design.

• Convinced that rules aimed at slowing climate change are inevitable, coal-fired power generators are reexamining construction plans, fund managers are raising billions of dollars to invest in projects to combat climate change, insurance firms are devising new products and at least one utility has inserted a novel global-warming provision in a contract.