Renewable Energy News
Australia is frightening developers away from renewable energy even before the government decides whether to overhaul targets for the industry’s growth.
By now you’ve probably heard the news that pro-solar energy giant NRG is purchasing Goal Zero, a relatively tiny solar consumer electronics company. But why? NRG is a huge residential and utility scale solar integrator, while Goal Zero sells enough solar PV to power maybe a single NRG utility project. Of course, the answer is that NRG isn’t buying
The new report from the Taxpayers for Common Sense shows that oil companies paid just 11.7 percent of their U.S. income in federal taxes over the last five years, and the “smaller” companies included in the study that reported positive earnings only paid 3.7 percent. To achieve such a low tax rate, oil companies were able to take advantage of special tax breaks and loopholes that allowed them to defer more than $17 billion in taxes they would have otherwise owed.
The solar industry is facing a looming shortage of photovoltaic panels, reversing a two-year slump triggered by a global glut.
China’s wind power market is ushering in a second prosperous period after nearly three years in the doldrums, with many publicly listed companies seeing better results.
Scotland’s Macallan whisky distillery is set to get most of its heat requirement from a combined heat and power plant part-funded by the government.
Beacon Power LLC predicts an Alaskan island’s use of its flywheels to store energy from a power plant will pave the way for more widespread application of the technology to help cut the use of fossil fuels.
While most U.S. customers are only able to get green electricity by either purchasing and installing their own system or acquiring a lease or power purchase agreement through a third-party company like SolarCity, Japanese customers will soon have another option. Homeowners and businesses unable to install their own systems will be able to purchase green electricity from existing installations, and those solar electricity providers will be able to receive similar benefits as utilities.
This could be a classic win-win solution: A system proposed by researchers at MIT recycles materials from discarded car batteries — a potential source of lead pollution — into new, long-lasting solar panels that provide emissions-free power.
"We can't do it as an individual, but four hundred communities aggregating and asking for local wind power and solar power — that's really powerful." Oak Park, IL, is one of hundreds of Illinois towns using their authority to buy electricity in bulk on behalf of its residential and small business customers. So far, most communities have used the po
From the State of the Union address in January to a recent California fundraising swing, President Barack Obama has missed few opportunities to tout the nation’s use of renewable energy to fight climate change.
Plans to build the world’s largest solar power plant of its kind have been scrapped in Australia after the developers raised concerns about the government’s commitment to clean energy.
In 2004, California Public Utilities Commission (CPUC) passed the least-cost best fit (LCBF) rule as part of California’s Renewable Portfolio Standard procurement. This statute required utilities to select renewable resources that have the lowest cost and that best fit their system needs.
Interconnection reform is the hottest new dish on the regulatory menu. Discussions are currently ongoing in Illinois and North Carolina, following the path-charting decisions in Hawaii, California, Massachusetts and Ohio over the past two years. It’s no surprise either; reforming interconnection procedures that are no longer suitable for today’s ra
Hanwha Q CELLS announced that it has completed its first solar park in Portugal as engineering, procurement and construction provider (EPC). The installation in the municipality of Montijo (South-East of Lisbon) features around 51,000 of Q CELLS modules and was fully connected to the grid as of May 2014.
Perry Stoneman (pictured below), Corporate Vice President and Global Head of Sectors and Utilities at Capgemini, who will be speaking at this year's European Utility Week, says that it is not clear whether enough utilities have their digital roadmap in place. He suggests that utilities have the opportunity to be a part of this change but that they will need to plan ahead.
Today, headlines like “Africa Rising” and “Africa Ascending” are often used around the world to describe the unprecedented transformation and steady economic growth on the continent. Over the past 12 months, I have attended several conferences in Africa and other parts of the world where this theme has been sounded. The promising economic prospects for sub-Saharan Africa is also highlighted in the Africa Progress Panel 2014 report titled, Grain, Fish Money – Financing Africa’s Green and Blue Revolutions.
After gaining a reputation for being one of solar’s most outspoken naysayers, Arizona Public Service (APS) shocked the industry by announcing its intent to get into the residential solar market. This is not the first time a regulated utility has attempted to catch up to a disruptive innovation by owning solar in its own territories, and it likely w
Brazil will offer cheaper funding to solar projects that use locally made equipment and parts in a bid to spur a national manufacturing industry as the country prepares to ban solar-cell imports by the end of the decade.
A group of five powerful nations has just created a new financial institution that may very well have a major influence on the growth of renewable energy in the developing world. At their sixth annual summit in July at the Brazilian city of Fortaleza, the so-called BRICS countries (Brazil, Russia, India, China and South Africa) officially established, as they had promised during last year’s summit, a new financial institution, the New Development Bank (NDB), to be based in Shanghai. The NDB’s purpose is to provide loans, guarantees and technical assistance to developing countries. In that respect, it is not at all different from the World Bank and similar institutions.