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Renewable Energy News

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Updated: 44 min 33 sec ago

New Financial, Project Woes for China Solar Sector

Wed, 10/08/2014 - 06:55

The solar power sector has become a highly volatile place these days, with company stocks rallying one week on upbeat news, only to tumble days later on more downbeat signals. Much of the volatility owes to 2 factors that have created big uncertainty: protectionism and doubts about funding for many new power plants now being announced. Both of thos

Electrifying Keyna: How One African Country is Approaching Renewable Energy Development

Wed, 10/08/2014 - 06:40

Kenya’s renewable energy ambitions have attracted growing attention in recent months. There has been a strong uptick in interest in the country’s wind energy potential in particular. Last year, Kenya’s Ministry of Energy and Petroleum said in an investment prospectus for 2013-2016 that it plans to boost wind power generation by 630 MW as part of its target to increase electricity levels by 5,000 MW by 2016. In March, the Kenyan government also signed a financing document for the largest private investment in Kenya.

IEA Report Predicts Solar Power Domination by 2050

Wed, 10/08/2014 - 06:28

According to the IEA, solar PV could conceivably be used to generate as much as 16 percent of the world’s electricity needs by mid-century, with solar thermal electricity generated by concentrating solar plants (CSP) accounting for another 11 percent.

SolarCity Introduces New Finance Model for Rooftop Systems

Wed, 10/08/2014 - 05:29

SolarCity Corp. will begin offering loans for rooftop solar power systems in a bid to reach consumers who want to own the panels on their roofs rather than lease them or pay cash.

DuPont’s $500 Million Biofuel Bet Expected to Pay Off

Wed, 10/08/2014 - 04:10

DuPont Co. said a $500 million bet on producing ethanol from corn crop waste, singled out by activist investor Nelson Peltz as lavish, will pay off as companies such as Procter & Gamble Co. add to demand for renewable chemicals and fuels.

Massachusetts Raises Solar Net Metering Cap for Businesses and Municipalities

Tue, 10/07/2014 - 09:20

The Red Sox may not win the Pennant again in 2014, but there’s still some good news if your business or municipality wants to install solar in Massachusetts: In a last-minute legislative compromise with utilities, the state’s net metering cap has been raised to 5 percent of grid capacity for government entities and 4 percent of grid capacity for pr

All-in-One Solution: Solar that Stores Its Own Power

Tue, 10/07/2014 - 08:21

Is it a solar cell? Or a rechargeable battery? Actually, the patent-pending device invented at The Ohio State University is both: the world’s first solar battery.

Ten Clean Energy Stocks for 2014: September Swoon

Tue, 10/07/2014 - 06:52

Worries including the conflict with ISIL, Ebola, and economic slow-down in Europe, sent the stock market down in the month to October 3rd, with small cap stocks and clean energy stocks falling even farther than the large cap S&P 500.

New Report Sheds Light on the Potential of Biomass

Tue, 10/07/2014 - 06:51

Biomass appears poised for big things in coming decades. According to a recent report from the International Renewable Energy Agency (IRENA), biomass could account for as much as 60 percent of the global renewable energy mix by the year 2030, providing up to 20 percent of the world’s electricity needs.

The Big and Booming Business of Keeping Wind Turbines Spinning

Tue, 10/07/2014 - 06:09

If you build it, they will come – ‘they’ being all of those who will keep what you built working properly. And for the wind industry, they have arrived, the many companies emerging to operate and maintain the more than 318 GW installed worldwide.

KenGen Plans Joint Ventures for Kenyan Geothermal Power Projects

Tue, 10/07/2014 - 03:46

Kenya Electricity Generating Co., the East African nation’s biggest power producer, plans joint ventures to complete its geothermal projects in Olkaria, Chief Executive Officer Albert Mugo said.

Chile Becoming the Most Attractive Renewables Market

Tue, 10/07/2014 - 02:37

With the sunniest desert on Earth, a windswept coast and limited fossil fuel supplies, northern Chile has become the world’s top market for renewable energy.

Look Who's Talking: The Experts Attending Renewable Energy World Conference, North America

Mon, 10/06/2014 - 11:52

Renewable Energy World Conference & Expo is one of the leading conferences for the renewable energy industry. The conference features insightful discussions and presentations during technical sessions related to technology, markets, business strategies and policy covering the wind, solar, biomass, hydro and geothermal energy sectors. There has never been a better time to be a part of the exciting, ever-growing world of renewable energy and these speakers show why. Don't miss this opportunity to network with experts about the technologies and trends on the forefront of the renewable industry's future.

Solar Equipment Supplier GT Advanced Technologies Files for Chapter 11

Mon, 10/06/2014 - 11:09

New Hampshire-based GT Advanced Technologies filed for Chapter 11 restructuring, the company said in a statement today.

China's Solar Industry Continues Rebound

Mon, 10/06/2014 - 08:16

Just months after tapping financial markets for nearly $250 million, solar panel maker Trina (NYSE: TSL) has just announced another plan to raise a similar amount as it tries to take advantage of improving sentiment towards its sector. Such fund-raising would have been unthinkable as recently as a year ago, when recovery of the solar panel sector w

Are UK Renewable Energy Contracts Hurting Consumers?

Mon, 10/06/2014 - 07:46

The U.K. government didn’t get the best deal for consumers when it awarded 16.6 billion pounds ($26.8 billion) worth of clean-energy contracts, according to a parliamentary committee.

EU Seeks Faster Renewable Energy Integration Amid Crisis in Ukraine

Mon, 10/06/2014 - 07:34

The European Union is seeking to speed up the creation of a common energy market to help its shift to a low-carbon economy and boost security of energy supplies amid a natural-gas dispute between Russia and Ukraine.

3 Reasons Why Renewable Energy Is The Prudent Choice for Your Business

Mon, 10/06/2014 - 06:40

Renewable Energy is still something that many UK businesses dismiss as an issue that only really concerns domestic customers, but could this be a worrying misconception? Love Energy Savings’ Charles Whitworth takes a look at three key reasons why utilising renewable energy methods at your place of work could be a no-brainer for all involved! Here a

Hydropower Financing Gets a Boost from the US Department of Energy

Mon, 10/06/2014 - 06:02

At 3.79 million square miles, the United States is the fourth largest country in the world by total area. Scattered throughout that vast landscape are some 80,000 non-powered dams that, if harnessed, could hold as much as 12.1GW (or 12,100MW) of renewable energy capacity. The U.S. Department of Energy recognizes this, and recently announced its intention to provide billions of dollars in loans to hydroelectric power technology developers to convert all that standing water into power.

White Lists: A Proactive Approach to Risk Reduction for the Bioenergy Industry

Fri, 10/03/2014 - 05:49

Cultivation of bioenergy crops is predicted to increase to between 27 and 120 million acres by 2022 in order to meet the renewable energy needs of the U.S. and the Environmental Protection Agency’s Renewable Fuel Standard. These crops may be used for production of ethanol, biodiesel or heat through combustion. Ideally, these renewable energy sources would neither compete with food production nor require land with high natural values or agricultural productivity. While early progress on meeting the Standard was based on corn and soybeans, there is increasing concern about the conversion of vast areas from food to fuel crop cultivation.