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Renewable Energy News

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Updated: 9 min 50 sec ago

Solar Financing Models: Swimming Around the Sharks in the Water

Wed, 02/26/2014 - 09:39

A panel presentation last Friday at the MIT Energy Conference explored the evolution of financing sources for solar energy, particularly distributed generation, that are bringing new money into the industry.

Is Utility 2.0 a Forecast or a Post-Mortem?

Wed, 02/26/2014 - 09:17

For the last six months, the energy news sphere (perhaps led by the Edison Electric Institute) has been rife with a discussion about the threat to the utility business from distributed energy like local solar, as their customers shift to getting their own power from nearby renewable resources.  Reports and news stories – e.g. “Adapt or Die” – sugge

Final Environmental Impact Statement Issued for 200-MW Moapa Solar Project

Wed, 02/26/2014 - 05:46

The Bureau of Indian Affairs (BIA) at the U.S. Interior Dept. intends to file a final environmental impact statement for the proposed RES Americas Moapa Solar Energy Center on the Moapa River Indian Reservation in Clark County, Nevada.

Ask the Expert: Do Ground-source Heat Pumps Raise Your Electricity Use?

Wed, 02/26/2014 - 05:28

Recently, a reader emailed to ask us a about a GHP (geothermal heat pump) that he installed in 2008. Two years after the GHP installation, he installed an electric water heater. Up until 2008, he had used propane to heat his Ohio home and hot water. The GHP took over the heating and cooling and then the electric water heater disengaged him completely from propane.

Solar-Induced Hybrid Fuel Cell Produces Electricity Directly from Biomass

Tue, 02/25/2014 - 15:03

Although low temperature fuel cells powered by methanol or hydrogen have been well studied, existing low temperature fuel cell technologies cannot directly use biomass as a fuel because of the lack of an effective catalyst system for polymeric materials.

North Carolina’s Duke Energy Plans Attack on Solar

Tue, 02/25/2014 - 14:10

In a sign it will seek to maintain its monopolistic control of North Carolina’s energy generation, Duke Energy CEO Lynn Good criticized solar net metering in a meeting with local reporters on January 22. According to the Charlotte News & Observer’s John Murawski, the utility will push for “reducing how much North Carolina households are paid for ge

From Donuts to Doing: Forging Strong Ties with Industry

Tue, 02/25/2014 - 09:20

Rumor has it that "green" jobs have faded into the sunset.  After all, enrollment for some renewable energy training is down and new topics are nudging "green" off the hit parade list.  But wait, not so fast.  Don't believe the unfounded rumor mill.  The Solar Foundation just released their Job Census and look, as of November 2013, the solar indust

Beech Ridge Energy Plans Battery Storage System at West Virginia Wind Farm

Tue, 02/25/2014 - 09:11

Beech Ridge Energy LLC applied recently at the West Virginia Public Service Commission for approval to install battery storage systems at its wind farm in Nicholas and Greenbrier counties.

Europe to Lose Renewables Grip to Asia and Africa

Tue, 02/25/2014 - 09:01

Africa and Asia are set to grab a significant share of the global renewables market in the next year at the expense of European markets, according to research released today.

Morgan Stanley-Backed Atlantis Raises $33 Million for Tidal Plan

Tue, 02/25/2014 - 06:15

Atlantis Resources Corp., a Morgan Stanley-backed maker of tidal turbines, raised 20 million pounds ($33 million) with a European grant, funds from a government institution and an initial public offering in London.

Ingenious Media to Funnel Half of IPO Proceeds Into UK Solar Assets

Tue, 02/25/2014 - 05:17

Ingenious Media Holdings Plc, an investor in films such as “Life of Pi” and “Avatar,” plans to channel more than half of its planned 160 million-pound ($266 million) fundraising into U.K. solar assets.

Power REIT's Preferred Stock Offering: A Hedge That Pays 7.75%

Mon, 02/24/2014 - 11:04

Several smart money managers I know are excited by the heads-I-win, tails-I-win big opportunity offered by Power REIT’s (NYSE:PW) attempt to foreclose on its railroad lease with Norfolk Southern Corporation (NYSE:NSC) and Wheeling and Lake Erie Railway (WLE). I know this because I’m one of them, and I’ve talked to others about it. Others aren’t quite so sure.

Powering the US with Renewables: A State-By-State Roadmap

Mon, 02/24/2014 - 10:43

What does it take to convert a city, a state, a nation, to 100 percent renewable energy? Many countries are giving it a go with very ambitious goals to be 100-percent powered by renewable energy (islands seem to have a leg up). But what about right here in the U.S., how could that be achieved for this nation? And since all politics is local (and most especially true for renewable energy policies), how could it be done by individual states?

Distributed Generation Complicates Resource Planning for Utilities

Mon, 02/24/2014 - 10:20

Distributed generation is complicating the previously straightforward task of resource planning, a Dominion (NYSE:D) official told a Washington, D.C., gathering Feb. 20.

Survival of the Fittest in China's Renewable Energy Market

Mon, 02/24/2014 - 08:33

A survival of the fittest struggle is emerging as China’s renewable energy industry faces a record $7.7 billion in bonds maturing this year.

New Year Off to Hot Start for US Solar Industry

Mon, 02/24/2014 - 07:40

With the coldest winter in two decades gripping much of the country this year – and wild price swings for natural gas rattling the markets, not to mention American consumers – it’s easy for many people to overlook the “hot start” in 2014 for solar energy. But so far this year, it’s been good news followed by even more good news for the U.S. solar i

Israel’s Renewable Energy Sector at a Crossroads

Mon, 02/24/2014 - 07:39

Israel’s ministerial committee for renewable energy approved last week the transfer of 290 megawatts (MW) renewable energy quotas to the solar photovoltaic sector. Specifically, quotas for 70 MW of large wind power parks, 20 MW of small wind power installations (up to 50 kW each) and 200 MW of solar thermal power plants were transferred to the solar PV industry.

US Working Towards Energy Independence but Big Challenges Remain, Says Salazar

Fri, 02/21/2014 - 15:04

The United States is in a good place in terms of energy, explained former Secretary of the Interior Ken Salazar during a keynote session at the MIT Energy Conference in Cambridge, Mass. Oil imports are the lowest since 1991 at 40 percent, carbon emissions are slowly dwindling, Salazar said, and the U.S. is making these positive improvements due to four cornerstones of progress.

US Government Gets it Right on the Future of Solar; Now It’s Time to Commercialize It (at Home)

Fri, 02/21/2014 - 08:56

The U.S government takes a lot of grief, some of it deserved. Criticism might be most pronounced in industrial policy, where the mantra “we can’t pick winners and losers” was proven to many with the demise of solar start-up Solyndra.

Abengoa Targets Credit Rating Upgrade to Cut Costs, CEO Says

Fri, 02/21/2014 - 07:34

Abengoa SA, the biggest developer of solar-thermal plants, is seeking to raise its credit ratings by two levels in a bid to reduce financing costs, Chief Executive Officer Manuel Sanchez Ortega said.