There’s a crowded field of companies jostling Elon Musk for the most innovative breakthrough solution to his challenge to “fundamentally change the way the world uses energy.”
Wind-power developers are expected to install a record 4.2 gigawatts of offshore turbines this year, according to a Bloomberg New Energy Finance report.
Elon Musk’s Tesla Energy announcement to sell an affordable, reliable battery system for solar energy storage in homes and businesses is more important than all the hyped press even suggests. But as extraordinary as the news is about how this technology will impact our energy future, it leaves out some important issues still to be sorted out. At th
My Ten Clean Energy Stocks for 2015 model portfolio held on to first quarter gains in April, despite a 29 percent fall for one of the stocks. (For details on that decline, see the Power REIT (NYSE:PW) section below.)
I've written before about how the solar industry and the nation's veterans make a great team. That's why First Lady Michelle Obama's announcement last week that the solar industry has committed to hiring an additional 33,000 veterans and their spouses by 2020 is such very good news for our country. "Veterans bring rich and diverse skills, leadership and experience that can help in every portion of the industry value chain," said Tom Kimbis, vice president for executive affairs & government counsel at the Solar Energy Industries Association, the country's major solar trade group, about last week's announcement. "We are not talking about installers alone; veterans can excel from rooftop to boardroom."
First Solar Inc., the biggest U.S. solar- panel maker, reported its first loss in three years as it prepares to create a new company to operate some of its completed power plants.
Tesla Motors Inc. Chief Executive Officer Elon Musk unveiled a suite of batteries to store electricity for homes, businesses and utilities, saying a greener power grid furthers the company’s mission to provide pollution-free energy.
Solar energy is a booming business across North America. Installations grew 30 percent across the United States in 2014 for the industry’s biggest year yet, but industry expansion also brings consolidation – Ernst & Young reports industry deal values hit a four-year high of $177.1 billion in 2014, with investment and acquisitions both predicted to
The story of Texas wind energy is a success, but it's an odd history. In 1999, when Texas deregulated the energy market, a deal was struck to include a Renewable Portfolio Standard (RPS), a requirement that power companies source a certain amount of their electricity from renewable energy by certain dates. Texas surpassed the original targets, as well as subsequently increased targets, eventually making Texas the U.S. wind leader. In fact, the wind industry’s success has been an integral part of the "Texas Miracle" of job creation, especially in West Texas, which hasn't seen an economic boom like this since before the Great Depression.
The solar panel sector has become quite a turbulent place these days, riding high one day on reports of major new plant construction, only to stumble the next on signs of conflict and financial distress. This kind of conflicting news reflects the fact that the industry is still in the midst of a major overhaul that could ultimately see a few more c
Billionaire Elon Musk thinks he can pave the way to a better energy future by turning the mattress-shaped batteries in Tesla’s electric car into upright pillars so they can be used to power homes, businesses and even utilities.
In 2013, Minnesota was the first state to adopt a value of solar policy as an alternative to net metering. It was left to the state's investor-owned utilities to adopt the policy, but none have as yet. Why don't utilities want to use value of solar? Should solar advocates be pleased or put-out that the policy lies dormant? Find out more in this deb
Note to B2B and B2C solar industry marketers: Twitter’s new Periscope app is not a fad. Unlike Google+, a zombie social network that should only be used for SEO purposes, Periscope will soon join Twitter, Facebook, and LinkedIn as your fourth must-have social platform for solar marketing — in all sectors. So what is Periscope? Essentially, it’s a l
International investors who have suffered losses in the renewable energy sectors in Spain, the Czech Republic, Italy, Greece, Romania and Bulgaria, among others, may be entitled to compensation for their losses under the Energy Charter Treaty (ECT) and/or relevant bilateral investment treaties (BITs). Once viewed as the nuclear option, companies now recognise investor-state arbitration as simply another dispute resolution mechanism — albeit one with more teeth — which does not preclude a continuing relationship with the Respondent state.
Europe’s utilities are re-evaluating their business models due to the energy transition. Members of POWER-GEN Europe’s Advisory Board consider how a reliance on fossil fuels is no longer politically desirable, forcing utilities to transform their portfolios to adapt to radical change.
Los Angeles International Airport (LAX) has opened its new 75,000 square foot, $438 million Central Utilities Plant (CUP).
Hold onto your hats, y’all — it’s going to be a wild year for North Carolina solar. Last week, the North Carolina legislature passed a bill offering a soft landing to the official end date for the state’s 35 percent state tax credit. While the tax credit cliff is scheduled for December 31, 2015, new legislation will extend eligibility for projects
In Dublin, Ohio, the Community Recreation Center decided to reduce its energy waste. Rather than rely on an electric utility to burn more coal or natural gas to provide electricity, as well as its own boilers to burn more fuel to provide heat, the facility decided to install a combined heat and power (CHP) unit.
Walking through the frenetic streets of Phnom Penh, Cambodia's capital city, it's not out of the ordinary to see large swaths of electrical grids suddenly shut down, the power supply overextended.
The World Bank indicated in its new report "Building Competitive Green Industries: The Climate and Clean Technology Opportunity for Developing Countries" that small and medium-sized enterprises (SMEs) in developing countries are set to undergo significant growth and create more jobs in the field of clean technology. Anabel Gonzalez, senior director for the World Bank's Global Practice on Trade and Competitiveness, said developing home-grown clean-tech industries will help developing countries more effectively increase the adoption of low-cost clean energy and drive sustainable economic development.
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Renewable Energy News
- Tesla's Competitors Jostle to Solve Energy Storage Riddle
- Offshore Wind Power Seen Growing by Record 4.2 Gigawatts in 2015
- Tesla Energy: Will the Markets for Solar and Storage Include Everyone in Need?
- Value Trapped: Ten Clean Energy Stocks for 2015, April Update
- First Lady Announces Solar Industry Plan to Hire 50,000 Military Veterans By 2020