Net metering is unfair and is dangerous for the long term health of utilities, at least according to Raymond Wuslich, when he spoke at the 2015 Renewable Energy Conference in Poughkeepsie, NY. Wustlich is an attorney and partner at Winston & Strawn…
In January, SunShot competitively selected 17 teams to move forward in the overall Catalyst Prize competition. Each of the teams had 60 days to build a prototype product using the TopCoder platform, a 700,000 member community of software developers man…
Solar Power Inc., a renewable-energy project developer backed by China’s LDK Solar Co., agreed to buy a 76.8 percent stake in Convertergy Energy Technology Co., a provider of energy-monitoring services.
Solar Power is paying $13.8 million in stock and assuming a $1.5 million loan, the Shanghai-based company said in a statement Friday. The transaction is subject to closing conditions. The solar developer will use Convertergy’s technology to enhance its photovoltaic, or PV, applications.
“The ability to offer advanced technology applications such as power optimization and big data analysis to traditional PV is increasingly becoming a major differentiator in the global solar industry,” Chairman Xiaofeng Peng said in the statement.
LDK owns about 24 percent of Solar Power, which moved its headquarters to Shanghai from California in January.
Copyright 2015 Bloomberg
Lead image: Handshake. Credit: Shutterstock.
In a timely new report, three prominent electric grid industry experts refute claims that the president’s proposal to cut carbon pollution from power plants will jeopardize electric grid reliability. The authors, Susan Tierney, Eric Svenson, and Brian …
North Rhine-Westphalia, the German state that’s home to utilities RWE AG and EON SE, is losing its standing as the country’s powerhouse as wind and solar energy begin to displace conventional sources.
Electricity consumers in the western state, which has one-third of Germany’s installed conventional power capacity, last year paid 3.1 billion euros ($3.5 billion) more to subsidize clean energy generation than producers there were awarded, the BDEW utility lobby said in a report Tuesday. The biggest recipient was Brandenburg in the east with a positive balance of 838 million euros.
Those in the energy field often hear how renewables must compete on a level playing field with fossil fuels. To make this concept a reality, experts have an interesting suggestion: Make it as easy to permit solar farms as it is to permit natural gas pr…
Renova Energia SA, Brazil’s second-largest developer of clean-power projects, is shifting its strategy in a bid to generate returns more quickly and accelerate growth.
The surprise Conservative victory in the recent UK elections have some worrying about the future of renewable and climate progress, but officials are now calming those fears.
Many electric utilities are flexing their political muscles against solar net metering and state renewable portfolio standards (RPS). Their main issue is that other consumers are subsidizing solar (and renewables), particularly pointing to lower-income…
A technology used in ancient Greece to power clocks and fire a cannon is undergoing a revival as the world searches for better ways to store energy from wind turbines and solar panels.
European Union negotiators are endorsing an accelerated overhaul of the bloc’s carbon market after the price of emission rights fell to levels that fail to deter polluters.
Just over a decade ago, the state of California faced serious concerns about whether its utilities could generate and/or buy enough power to assure that the world’s seventh-largest economy could keep the lights on. The infamous California energy crisis, which affected several other western states as well, was a complex tangle of poorly structured deregulation, significant market manipulation (remember Enron?), and other causes. Along with rolling blackouts, California endured an official state of emergency that lasted 34 months, led to the recall and replacement of Gov. Gray Davis, and cost the state and its ratepayers billions of dollars — a cautionary tale for all states of electricity supply unable to meet demand.
Lawrence Summers famously wrote, “there are idiots, look around” in an attack on the theory that markets are rational. What some have called “Summers’ Law” certainly applies to the markets’ response to the slide in the price of oil as it relates to stocks of renewable energy companies.
Hydraulic fracturing, or fracking, is shunned by the environmentalists that laud renewable energy sources. However, by not supporting both initiatives, they may be working at cross purposes. Natural gas, booming largely because of fracking, complements…
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.”
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.
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.