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Renewable Energy News

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Updated: 31 min 52 sec ago

Wisconsin Snaps Up Community Solar in Record Time

Mon, 04/14/2014 - 06:33

Clean Energy Collective (CEC), the nation’s leading community-owned solar developer, revealed today that two weeks after announcing the development of the Vernon Electric Community Solar Farm—Wisconsin’s first community-owned solar PV facility — the 305-kW array has been fully reserved. Reservations for the 1,001-panel array, developed in partnersh

The Never Dull Life of a Wind Farm

Mon, 04/14/2014 - 06:04

A wind farm’s story is a little bit like a romantic comedy. It’s all about the buildup. We tend to rivet our attention on the development phase – the controversies over siting, the struggle for permitting, the landing of contracts.

Trees Go High-tech: Turning Cellulose into Energy Storage Devices

Mon, 04/14/2014 - 05:51

Based on a fundamental chemical discovery by scientists at Oregon State University, it appears that trees may soon play a major role in making high-tech energy storage devices.

State Legislature Hearing: Why Isn't California Using More Geothermal?

Fri, 04/11/2014 - 11:33

Geothermal potential was the subject of a joint committee hearing in California on April 3 led by State Senator Ben Hueso, D-40th Senate District, and Assemblyman V. Manuel Pérez, D-46th Assembly District. As the hearing began, Senator Hueso, who is Chair of the Senate Select Committee on California’s Energy Independents, and Assemblyman Pérez, Chair of the Assembly Select Committee on the Renewable Energy Economy in rural California, each expressed their interest in understanding why the state is not using more of its untapped geothermal resources. Of particular interest for California lawmakers, industry, and consumers alike are the areas near the Salton Sea familiar to the geothermal industry for their immense potential for power development.

China’s Idle Wind Power Curbs Tariff Cuts, Regulator Says

Fri, 04/11/2014 - 08:28

Switching off wind turbines in China because their electricity can’t be absorbed by the grid is limiting how much planners can cut incentives given to renewable power producers.

Swiss Unveil New Solar Powered Plane for Global Flight

Fri, 04/11/2014 - 07:24

The Swiss-made airplane built for the first round-the-world solar flight has wings longer than a Boeing 747 jumbo jet yet weighs only about as much as a large car.

How Much Are Your Solar Facebook Fans Worth? Around $403 Each

Fri, 04/11/2014 - 02:00

According to a report conducted by non-solar marketing firm Syncapse, the average value of a Facebook Fan (“Like”) in 2013 was $174. Based on their methodology, the value is probably much higher for residential solar companies, but how much higher? Let's see if we can figure out an estimate. Syncapse didn’t reveal its exact methodology for valuing

IKEA Enters US Wind Market With Largest Renewables Investment to Date

Thu, 04/10/2014 - 14:02

IKEA is at it again. In an effort to achieve its goal of producing more renewable energy than it consumes by 2020, the retail giant announced yesterday that it has purchased the 98-MW Hoopeston wind farm in Illinois. This purchase marks its first wind project investment in the U.S. and largest renewables investment globally. IKEA will own the wind farm and U.S.-based developer Apex Clean Energy will manage the project.

UPDATE: UK Announces Renewable Heat Tariffs

Thu, 04/10/2014 - 13:45

UPDATE: The U.K. government yesterday launched its Domestic Renewable Heat Incentive (d-RHI), which pays households that generate heat and hot water using renewable energy systems such as solar hot water, geothermal heat pumps and biomass heating.

Tax Code of Honor: US Congress Must Choose a Clean Energy Future

Thu, 04/10/2014 - 08:17

Senate Finance Committee Chairman Wyden has officially begun consideration of legislation to reinstate a suite of tax credits that big polluters and their allies succeeded in getting Congress to let expire, including vital, commonsense policies that promote clean energy.

Russia Sets Renewable Energy Auction Dates

Thu, 04/10/2014 - 04:32

The Russian Government has announced that renewable energy source (RES) investment project auctions (IPA) for the years 2015 through 2018 will be held May 28 through June 10, 2014.

Capital for Clean Energy Easier to Find as Investors Seek Simplicity

Thu, 04/10/2014 - 04:30

Simplifying finance vehicles for renewable energy will lure more investors and lower the costs of capital.

GWEC: Global Installed Wind Power Capacity Will (Almost) Double in Five Years

Wed, 04/09/2014 - 23:00

Led by Asia and other developing regions, the global wind market will grow at an annual cumulative capacity rate of more than 10 percent over the next five years, according to the Global Wind Energy Council (GWEC). The group released its annual report yesterday and discussed its findings on a press call.

Utilities Threatened by Competitive Renewable Energy Growth

Wed, 04/09/2014 - 09:13

Technology is catching up with Thomas Edison’s electricity industry, eating away at the utility business model that hasn’t changed much in a century.

The Method and Meaning of Minnesota's New Value of Solar Policy

Wed, 04/09/2014 - 09:11

In March 2014, Minnesota became the first state to adopt a “value of solar” policy to set a fair, transparent price on solar energy. It may serve as a national precedent and fundamentally change the financial relationship between electric utilities and their energy-producing customers.  So what will value of solar mean for utility customers produci

UN Climate Change Panel to Discuss Global Transition to Renewable Energy

Wed, 04/09/2014 - 06:23

After concluding that global warming almost certainly is man-made and poses a grave threat to humanity, the U.N.-sponsored expert panel on climate change is moving on to the next phase: what to do about it.

Crowd-Funded US Rooftop Solar May Top $5 Billion in Five Years

Wed, 04/09/2014 - 04:53

Crowdfunding may supply the rooftop solar projects with $5 billion of investment within five years, more than 50 times the amount raised to date.

Shale Gas Boom Leaves Wind Power Developers Seeking More Subsidy

Wed, 04/09/2014 - 02:34

Wind power in the U.S. is on a respirator. The $14 billion industry, the world’s second-largest buyer of wind turbines, is reeling from a double blow — cheap natural gas unleashed by the hydraulic fracturing revolution and the death last year of federal subsidies that made wind the most competitive of all renewable energy sources in the U.S.

Will the Chinese Biofuel Market Follow Solar’s Footsteps?

Tue, 04/08/2014 - 14:47

While the Chinese government attempts to address its pollution problem and deal with ever-growing fuel demand, it has turned its attention towards its biofuels market. Since electric vehicles have not yet achieved a large market penetration, in part due to lack of widely available infrastructure such as charging stations, industry has set its sights on developing viable biofuel technology.

Solar Sector Keeping Investors Busy

Tue, 04/08/2014 - 09:52

Highlighting once again that one of the key stories for renewable energy in 2014 will be renewable energy finance, Q1 2014 shows high growth for investments in solar. Total global corporate funding in the solar sector, including venture capital (VC), private equity (PE), debt financing, and other equity financings raised by public companies, came in at $7 billion, compared to $5 billion in Q4 2013, according to a report just released by Mercom Capital Group.