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Renewable Energy News

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Updated: 3 min 31 sec ago

Siemens Proposes Technology Swap Deal with Alstom to Rival GE's Offer

Mon, 04/28/2014 - 08:27

Siemens AG proposed French rival Alstom SA a deal to swap train and energy assets to beat an offer from General Electric Co., according to people familiar with the matter.

Nice Grid Offers a Glimpse into the Future for Solar PV Plus Energy Storage

Mon, 04/28/2014 - 07:00

On a sunny winter day in Nice, France, 40 journalists from all over the world boarded busses to tour what serves as one possible example of a future networked electricity grid. Alstom Energy, the 9th largest electrical equipment supplier in the world, according to Bloomberg New Energy Finance, had put together a media tour in order to showcase what steps it is doing to understand the grid of the future.

GE Invests $24 Million in India’s Biggest Solar Power Plant

Mon, 04/28/2014 - 05:39

General Electric Co. is investing $24 million in India’s largest solar-power plant, drawn by what it called the technology’s “incredible potential” in the nation.

Solar Fred PR Lesson: Deconstructing Xcel Energy’s “Doing Solar Right” Commercial

Fri, 04/25/2014 - 13:19

Public relations really is an art, and I have to hand it to Xcel Energy for creating a very nice looking commercial that — on the surface — seems to be a big luv hug to solar power! Yay!  And it is — for utility scale solar. At the same time, the video subtly poo-poos little home solar, implying that it’s an “unfair and unequal” way to go solar. If

Rooftops, Empty Lots Offer Japan Space for Solar Panels

Fri, 04/25/2014 - 08:02

Developers of solar projects in Japan are looking to rooftops, empty lots and industrial parks in response to constraints limiting connections to the grid and difficulties finding suitable land.

How to Use Cheap Sensors and Mobile Phones to Make People Care about Energy Waste

Fri, 04/25/2014 - 07:34

Visibility of energy use is not enough to get people to change their actions, we still need to find a way to make people care and compel them to act. At last week’s Cleanweb Hackathon in Boston, teams focused on combining hardware, software, and mobile devices to figure out how to make people care about regular energy issues. There were two pitches

Listen Up: A Roofer's Perspective on Solar

Fri, 04/25/2014 - 07:28

The most cost-effective place to install solar — thermal systems, pool systems or PV — is on a home's rooftop. Whether it's on an existing home or new construction, it's critical to make sure that the equipment is installed securely (so it won't blow away in high winds), and that the roof mounts will not cause any leaks. Unfortunately, these two goals are not easy to achieve over the 25+ year lifespan of common rooftop materials — including composition shingles, tiles, wood shakes, metal and rolled-out roofing.

US DOE's $15 Million Push to Expand Affordable, Community Solar

Fri, 04/25/2014 - 05:57

The U.S. Department of Energy (DOE) wants to increase access to affordable solar energy for communities across the nation — and it’s using $15 million to do so. The Obama administration announced on April 17 a funding opportunity through Solar Market Pathways, which aims to increase solar deployment by “making it simpler and easier for residents an

Google, SunPower Form Solar Lease Program as Rooftop Demand Drives Profit

Fri, 04/25/2014 - 04:07

SunPower Corp. (SPWR), the second-largest U.S. solar manufacturer, and Google Inc. (GOOG) are creating a $250 million program to finance residential solar systems.

GE Reportedly in Talks to Buy France’s Alstom for $13 Billion

Thu, 04/24/2014 - 09:01

General Electric Co. is in talks to buy Alstom SA, the French builder of trains and power plants, people with knowledge of the matter said, in what would be GE’s biggest acquisition ever.

UK Onshore Wind Power Will Lose Subsidies, Conservatives Say

Thu, 04/24/2014 - 06:58

The U.K. Conservative Party will end all subsidies to onshore wind power if they win the next election, a move that the industry said would end deployment of the country’s cheapest form of renewable energy.

Tesla Makes Smooth Drive Into China

Thu, 04/24/2014 - 05:21

I have to give my congratulations to new energy car maker Tesla (Nasdaq: TSLA) for creating the kind of buzz and excitement this week that only names like Apple (Nasdaq: AAPL) and smartphone sensation Xiaomi have typically been able to muster. In the last 2 days, the company and its charismatic founder Elon Musk were all over the Chinese headlines

UK Awards First Guaranteed Power Price Contracts to Biomass, Offshore Wind Projects

Thu, 04/24/2014 - 04:58

Drax Group Plc, Dong Energy A/S and SSE Plc will get guaranteed power prices for U.K. biomass and offshore wind plants, the first renewable energy projects to benefit from a new aid program.

Unlocking Solar Energy's Value as an Asset Class

Thu, 04/24/2014 - 04:30

Not all options are ready to step into the spotlight, though. Master limited partnerships (MLP) and real estate investment trusts (REIT) promise more attractive tax treatment than securitizations or yieldcos, but they require some heavy lifting and difficult decisions at the highest levels: MLPs need an act of Congress even for an infinitesimal language tweak to remove a legislative exclusion to solar and wind, while REITs involve a touchy reclassification of assets from the IRS that could have broader and undesirable tax consequences. Yet another model gaining traction is a more institutionalized version of crowdfunding, led by Mosaic (technically they call it "crowdsourcing"), but crowdfunding is awaiting more clarity from the Securities and Exchange Commission about what rules must apply.

Three New Finance Models for Non-Profits to Go Solar

Wed, 04/23/2014 - 10:27

  There have generally been two main financial challenges for non-profits interested in going solar. First is the lack of funds or credit availability for purchasing a solar system. The second issue is taxes—or rather their tax-exempt status. Because non-profits don’t pay income and property taxes, they’re often barred by legislation from taking ad

New York to Install Battery Storage for Subway and Bus System Operator

Wed, 04/23/2014 - 08:15

American Vanadium Corp., owner of the only known U.S. deposit of the metal, agreed to install an energy storage system designed to reduce power costs for the agency that operates New York’s subways and buses.

Financing Lessons Residential Solar Can Teach the Commercial and Industrial Sector

Wed, 04/23/2014 - 06:53

As new and old solar investors seek investment opportunities in distributed generation (DG) solar, there are a number of parallels that can be drawn between the residential and commercial sectors. While residential solar developers have had significant success in obtaining financing for their solar projects, growth has been more sluggish in the com

China Wind Turbine Makers Face Consolidation as Glut Lingers

Wed, 04/23/2014 - 06:09

Consolidation may cut the number of wind turbine makers in China, the world’s largest wind market, by two thirds in the next five years as oversupply pressures grow, according to an industry association.

The Solar Battlefield: How the US DOD Will Bring Solar Technology Mainstream

Wed, 04/23/2014 - 04:36

When it comes to driving the development of renewable energy technology, no greater facilitating force exists than the U.S. Department of Defense (DOD). Acting on a mandate to achieve 25 percent reliability on renewable energy by the year 2025, the DOD has been busy in its aggressive pursuit of that goal — proving that more often than not, great things can result from unlikely alliances.

For the Greater Green: Algae-Based Advanced Biofuels Bring a Clean, Affordable Solution

Wed, 04/23/2014 - 03:54

As the implications of the global energy crisis continue to intensify, cost-effective and truly sustainable solutions are crucial. The energy industry experienced a giant leap with the production of first-generation biofuels, but rising costs and questionable energy yields have led to an innovative second wave of advanced biofuels that require less land and offer greater outputs at cost-competitive prices.