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Renewable Energy News
The latest renewable energy news and information from our partners at RenewableEnergyWorld.com.
Renewable Energy News Headlines provided by RenewableEnergyWorld.com - the leading online publisher of renewable energy news and information world-wide.
Updated: 29 min 16 sec ago
Dollars per watt ($/W) is a lousy measure of the economics of solar, but it persists. Most likely, it persists because it seems familiar. We can pay $4 for a watt of solar, or $4 for a Iced Hazelnut Macchiato at Starbucks. Unfortunately, while the analogy may seem apt, this is a lot like knowing you’re getting a Macchiato without knowing if it’s a Tall, Grande, or Venti.
President Barack Obama took the Blue-Light stage here at Wal-Mart in Mountain View, California, to announce several plans for improving energy efficiency and announce commitments by several big retailers to support solar PV. He led with his plan to invest another “$2 billion in energy upgrades for federal buildings over the next three years.” He also touted his three-year-old Better Buildings Initiative, noting that “190 businesses and organizations have signed on, committed to improving energy efficiency in America’s commercial buildings by 20 percent by the year 2020.” And he vowed “to support training programs at community colleges across the country that will help 50,000 workers earn the skills that solar companies are looking for right now.” He reckoned that, “Every four minutes, another American home or business goes solar, and every panel is pounded into place by a worker whose job cannot be overseas.” Well, perhaps not pounded, exactly.
Talk about the perfect Mother’s Day present for Mother Earth. Today, President Obama announced at a Walmart in California that 300 leading U.S. companies have taken the “solar pledge,” committing to install nearly 1 gigawatt (GW) of new solar as part of their business plans. That’s a huge increase in the use of solar in the commercial sector. For A
What began 20 years ago as an innovation to improve paper industry processes and dairy forage digestibility may now open the door to a much more energy- and cost-efficient way to convert biomass into fuel.
The Danish government are blazing a trail in pursuing a renewable energy future and is hoping its success will rub off on others.
Vestas Wind Systems A/S rose to its highest in more than three years after unexpectedly posting a profit in the first quarter, building on a turnaround that the world’s biggest wind-turbine maker completed last year.
The solar value proposition remains very attractive to homeowners and facility managers across the United States. However, the industry sells itself with one arm tied behind its back. From a consumer’s perspective, there are two key pieces of energy demand — capacity and cumulative usage. Many utility bills are comprised by 1) a demand charge, set
In the coming years, India will face seemingly insurmountable challenges to its economy, environment and energy security. To overcome these challenges India needs to shift to non-polluting sources of energy. As Jeremy Rifkin, an economist and activist, said in New Delhi in January 2012, "India is the Saudi Arabia of renewable energy sources and, if properly utilized, India can realize its place in the world as a great power,” and adding “but political will is required for the eventual shift from fossil fuels to renewable energy.” The U.N. Intergovernmental Panel on Climate Change (IPCC) also has recommended that the world needs a major shift in investments from fossil fuels to renewable energy in order to curb greenhouse gas emissions and climate change.
The combination of rooftop solar and electric vehicles (EVs) is the Reese's Peanut Butter Cup of the renewable industry. Although EVs started off slowly the second time around (the first time was in the early 1900s), in some areas EVs are becoming ubiquitous. Whether it's a combination of tax credits, car pool lane preferences, expensive gas or concern about the environment, the trend seems unstoppable.
Elon Musk’s plans for a battery plant so big it will cut the cost of lithium-ion cells for Tesla Motors Inc. electric cars by 30 percent are advancing as Panasonic Corp. signed a letter of intent to join the project.
We need look no further than the ocean to understand the urgent need to drastically reduce the carbon pollution caused by our addiction to fossil fuels. It is fueling ocean acidification, which is threatening the ability of some plankton, shellfish and coral to form skeletons — all of which form the base of the underwater food chain or provide important habitat for many species. Meanwhile, it is also contributing to climate change, which is raising ocean temperatures — bleaching coral reefs, displacing and even killing off sea life. It’s a one-two punch that is hitting the world’s oceans hard.
It is a good time to be in the renewable energy business in Mexico since landmark energy reform opened up the electricity market and prioritized renewables. The government has an ambitious 12-year goal for renewable energy production, and private equity funds and development banks have millions of dollars ready to allocate to clean energy.
Over the next decade, solar electricity will let consumers get cheaper energy from their rooftop than from their utility. Among the upheaval in the electricity system, the coming of solar "grid parity" means re-thinking incentives for solar energy. The success of solar is remarkable, no less because the amount of federal subsidy in absolute terms h
For all the talk of boom and bust in the U.S. market, it’s apt that AWEA 2014 opened in Las Vegas this week.
As we go about our daily lives using smartphones, computers and other technologies, it’s hard to believe that more than 2 billion people globally still live without electricity. According to the International Finance Corporation $37 billion is spent on fossil fuels to power the developing world each year. However, much of this population lives in areas where it is quite sunny, making solar energy an ideal solution. Several solar companies have developed affordable technology and essential financing mechanisms to bring renewable energy to those who need it most, and are now celebrating significant milestones.
The U.S. Department of Energy (DOE) has announced the three pilot projects that will continue to receive DOE funding to design, develop, and deploy their offshore wind technologies and processes. Each will receive up to another $47 million over the next four years to push their projects to fruition and commercial operation by 2017.
Congress failed to act last year and let a set of critical clean energy tax credits expire—putting clean air and clean energy jobs at risk. The good news is that earlier this month, the new chairman of the Senate Finance Committee, Senator Wyden (D-OR) took the first step in putting these critical tax credits back in place by reporting a bipartisan bill out of his committee: the EXPIRE Act.
Do you remember the old Midas TV commercial, “You can pay me now or pay me later?” Well, I was reminded of that today when reading the latest evidence of climate change. It carried the same kind of blunt warning: Cut pollution now or face enormous consequences down the road. As expected, a non-partisan committee of experts released its 148-page
April showers fell on both the broad market and clean energy stocks last month, but my picks weathered the storm relatively well. My clean energy benchmark (PBW) was down 5.9 percent since the last update, and my broad market benchmark (IWM) fell 1.7 percent.
In the world of photovoltaic (PV) finance, historical performance data — or the lack thereof — stands as an obstacle to the risk assessment and credit evaluation of solar installations. Investors eyeing solar-backed securities or other investment vehicles might view the asset class cautiously without a firm, data-driven understanding of how solar assets perform (i.e., generate power) in the field and how this affects the cash flows that would ultimately backstop their investment.