GALWAY, IRELAND -- (Marketwire) -- 07/21/09 -- Researched by Industrial Info Resources (Sugar Land, Texas) -- The U.K. government plans to invest heavily in offshore wind and marine power technology to help the country meet its renewable energy targets. The goals come as part of the government's new Renewable Energy Strategy white paper, which outlines how the U.K. will meet its European Union goals of generating 15% of its energy from renewable sources by 2020. The government says it is planning to invest more than £30 billion ($48.8 billion) in financial support for renewable electricity and heat projects between now and 2020.

Companies featured: Rolls Royce Group plc (OTC:RYCEY)

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IIR's Renewable Energy Database provides extensive coverage on the Wind Energy, Geothermal, Hydroelectric, Landfill Gas-to-Energy and Utility-Scale Solar power plants throughout North America, and now expanding coverage across the world.

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