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Renewable Energy News

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Updated: 50 min 46 sec ago

Geothermal Visual: Total US Nameplate Geothermal Capacity

Tue, 05/06/2014 - 13:34

This geothermal visual gives the total nameplate capacity of geothermal energy in megawatts as counted in the U.S. from 1971 through 2013, and the timeline is marked where enacted policies coincided with periods of sector growth. Coordination between government, regulatory policy, and the geothermal industry was a key factor that helped the total r

Scientists Discover Method to Reduce Solar Panel Glare

Tue, 05/06/2014 - 09:11

Researchers have developed a multi-layer anti-reflection (AR) coating for glass surfaces, which reduces the sun’s reflection from photovoltaic panels while at the same time improving their efficiency.

Why a Vermont Utility CEO Is Embracing Solar and Net Metering

Tue, 05/06/2014 - 09:04

While many utilities are producing slick commercials that devalue distributed solar, Vermont’s Green Mountain Power is completely embracing big and small solar with a giant Vermont bear hug. Representing 75 percent of Vermont’s utility customers, GMP recently worked with legislators to nearly quadruple the state’s net metering cap to 15 percent of

US DOE to Issue Draft Environmental Impact Statement on Renewable Transmission Project, Says Northeast Utilities

Tue, 05/06/2014 - 08:48

The U.S. Department of Energy (DOE) has posted a target date of December on its website to issue its draft environmental impact statement (EIS) for the Northern Pass transmission project, Leon Olivier, executive vice president and COO of Northeast Utilities (NYSE:NU) said on May 2 during the company’s 1Q14 earnings call.

China Enters UK Solar Boom

Tue, 05/06/2014 - 08:29

China’s plan to add up to 35 gigawatts of new solar power capacity by 2015 may be getting off to a slow start, but the nation looks quite happy to fund new plants in other countries to help its struggling solar panel makers. That’s my initial assessment, following reports that state-run giant Aviation Industry Corp of China (AVIC) plans to build up

Africa to Quadruple Renewables on ‘Huge Potential,’ Irena Says

Tue, 05/06/2014 - 08:10

Africa’s renewable energy capacity is expected to quadruple to about 120 gigawatts by 2030 if investors dedicate “substantial flows” of funds to the region, the InternationalRenewable Energy Agency said.

Solving the Biofuels Debt Crisis Part I

Tue, 05/06/2014 - 07:52

A reader this week sent along a copy of the latest Department of Energy funding announcement — the $25-35 million solicitation for “Environmentally-Prudent Unconventional Resource Development” (DE-FOA-0001076), noting:

Can Alternative Energy Mutual Funds and ETFs Continue to Beat the Market?

Tue, 05/06/2014 - 06:52

Alternative energy mutual funds (MF) have proven to be an excellent investment over the past year or more, but those gains have flattened out as of late. MFs are up 33 percent on average with even the lowest returning fund, Gabelli SRI Green AAA (SRIGX), up 15 percent for the year.

Renewable Energy Subsidies Are the Most Transparent and Visible

Mon, 05/05/2014 - 09:42

From direct government support to tax breaks and the cost of negative externalities like pollution, subsidies to the power sector take many different — and often hidden — forms. In fact, the exact definition of a subsidy was the crux of an at times heated debate “subsidies to the power sector: Europe’s best kept secret?” hosted by the European Wind

Believe It or Not, Solar Is Getting Hot in Minnesota

Mon, 05/05/2014 - 08:56

You might think that a northern state like Minnesota wouldn’t be a hot market for solar energy, but solar works great in northern and colder climates. To capture that solar potential, Minnesota recently enacted several policies and incentives to inspire more Minnesota businesses, municipalities, non-profits, and residents to install solar and reduc

India Wind Manufacturer May Break Even for First Time Since 2011

Mon, 05/05/2014 - 08:35

Suzlon Energy Ltd.’s agreement with its largest bondholders to restructure $485 million of debt may allow Asia’s second-biggest wind turbine maker to break even this financial year for the first time since 2011.

Can't Put Solar On Your House? Four Ways To Invest In Solar Leases

Mon, 05/05/2014 - 08:04

The secret sauce for bringing residential solar into the mainstream is the solar lease. With the simple value proposition of little or no money down and cost savings from day one, a homeowner does not have to be an environmentalist or green to be interested in the green of a solar lease. He or she simply needs to live in a state where the combination of annual sunshine and state incentives provide the economics to make solar leases profitable for the lender and installer.

Ramping Up Worldwide Investment in Renewable Energy

Mon, 05/05/2014 - 06:49

How can renewable energy financiers vastly expand worldwide investment to cut back climate change? On April 9, a panel called "The Future of Financing for Infrastructure" at the Bloomberg New Energy Finance Future of Energy Summit explained the uphill battle financiers face.

Introducing New York State’s Energy Storage Testing Center

Fri, 05/02/2014 - 12:16

The clean energy economy of the Empire State has just received a serious booster shot, thanks to the newly opened Battery and Energy Storage Technology (BEST) Testing and Commercialization Center in Rochester, New York. Made possible by state seed funding and a public-private partnership between the New York Battery and Energy Storage Technology Consortium (NY-BEST) and DNV GL, the center will serve to address two of the greatest challenges facing New York-based energy storage companies: access to technology and cost.

Wind Power Is Getting Sweeter

Fri, 05/02/2014 - 11:54

Earlier this week, Mars Incorporated, in partnership with Sumitomo Corporation of Americas, announced an agreement on a new 200-MW wind farm that will meet 100 percent of the electrical needs of Mars Inc.’s U.S. operations, which include 37 factories employing 25,000 associates.

New York Commits Another $1 Billion to Solar Projects — Here’s What You Need to Know

Fri, 05/02/2014 - 10:03

Will New York join Massachusetts and California as an enduring solar state? Last Thursday, New York Governor Andrew Cuomo announced an additional $1 billion in funding for the NY-Sun initiative, making good on his promise to extend the program through 2023. The funding announcement includes an overhaul of New York State Energy Research and Developm

Tesla Assessing Sites that Allow for Quick Launch of Massive Battery Manufacturing Plant

Fri, 05/02/2014 - 09:01

Tesla Motors Inc.’s Elon Musk is close to naming sites in at least two U.S. states for a planned battery “gigafactory” and will break ground at each to ensure one is ready to supply lithium-ion packs when needed.

Climate-Resilient Solar Hot Water Systems at Firehouses Save NYC Money, Cut Carbon

Fri, 05/02/2014 - 05:46

Solar hot water heating is the redheaded stepchild of the renewable energy world. Most people have no idea what it is. Or, they confuse it with its attention-grabbing cousin, solar photovoltaics, the solar panels we all know about that convert light into electricity and glint on a rapidly increasing number of American roofs.

Big Questions: US Executives Ponder Current and Future US Renewable Energy Development

Fri, 05/02/2014 - 03:39

Utilities are putting a new focus on increasing the amount of renewable energy generation sources in their portfolio, both to provide the best service to their customers and to comply with regulations on the state and federal level. Renewable power resources have many differences from traditional fossil-based generation sources, though, and technology, as well as associated prices, is still unsettled in multiple areas.