India's plan to tax solar panels higher than coal prompts alarm

Kiran Stacey for Financial Times: Renewables sector and foreign investors complain GST will drive up prices

Business Network for Offshore Wind Statement on Maryland Approving 368 Megawatts of Offshore Wind Power

Business Network for Offshore Wind Statement on Maryland Approving 368 Megawatts of Offshore Wind Power

Push to educate Congress on energy storage crosses political divide

Andy Colthorpe for Energy Storage News: Two Congressional representatives in the US have united across party political lines to form the Advanced Energy Storage Caucus, a group dedicated to educating Members of Congress on the benefits of the nascent technology.

Solar Industry Tells CPUC It Has Major Concerns with Southern California Edison's Proposed Investments

Today, the Solar Energy Industries Association (SEIA) and Vote Solar filed testimony with the California Public Utilities Commission on Southern California Edison's grid modernization proposal and issued the following statements. CPUC is weighing SCE's grid plan which is part of its general rate case proposal filed last fall.

The Cheap Energy Revolution Is Here, and Coal Won't Cut It

Tom Randall for Bloomberg: Wind and solar are about to become unstoppable, natural gas and oil production are approaching their peak, and electric cars and batteries for the grid are waiting to take over. This is the world Donald Trump inherited as U.S. president. And yet his energy plan is to cut regulations to resuscitate the one sector that's never coming back: coal.

Gigantic Wind Turbines Signal Era of Subsidy-Free Green Power

Jess Shankleman , Brian Parkin , and Anna Hirtenstein for Bloomberg: Offshore wind turbines are about to become higher than the Eiffel Tower, allowing the industry to supply subsidy-free clean power to the grid on a massive scale for the first time.

Energy Storage Industry Leaders Urge Congress to Include Grid Modernization, Resiliency in Infrastructure Deliberations

The U.S. is currently the global leader in advanced energy storage innovation, markets, and investment, spurring more than 50,000 domestic jobs and placing the U.S. at the forefront of the advanced energy industry. In 2016, commercial deployment of energy storage systems grew more than 100% over the previous year and installed system costs plummeted another 30%.

Wind Energy Now Directly Competing With Coal On Cost

Gregory Brew for OilPrice.com: Last week, Xcel Energy announced a multi-state wind capacity project, anticipated to be the largest in the United States. Spanning seven states, the project covers eleven new wind farms and would generate 3280 MWs at a cost of $3.5-4.4 billion. In its announcement, Xcel emphasized the cost-savings attached to wind power, arguing that it would save Xcel customers in the Midwest $7.9 billion over thirty years. This, rather than the environmental benefits of renewable energy, drove the company's mission statement: wind was cheap, not just clean.

Fla. movin' on up with solar power

NWFDailyNews: For years, Florida has been an underachiever in solar power. Despite being ranked third in the nation for rooftop-solar potential by the Solar Energy Industries Association, Florida annually has finished in the high-teens for actual installations. But the Sunshine State's solar prospects are beginning to brighten - and the results are making an economic impact.

Energy storage is America's industry to lose

David Ferris, E&E News reporter: The problem, Blunden said, is that the United States is wandering into a global competition without much urgency or a plan. "Are we going to make the decision to take a significant share of the next wave of manufacturing growth globally?"

US Military Moves Ahead With Renewable Energy Plan

Shoshanna Delventhal for Investopedia:  The Trump administration’s stance on climate change and the environment can be summed up by the chief White House strategist’s recent criticism of government support of green energy as “madness.” Despite a 180-degree shift from Obama administration’s environmental agenda, the Department of Defense, plans to move forward with a decade-long effort to “convert its fuel-hungry operations to renewable power,” senior military officials told Reuters. Yet apart from the controversial debate on climate change and the need for environmental protection, the Department of Defense has a strictly nonpolitical incentive to carry out the transition. Weaning reliance off petroleum means improved safety for U.S. troops and the American public.   Cont'd...

America is torn apart by partisan politics-except when it comes to buying solar power

Michael J. Coren for Quartz:  We are all one when it comes to getting cheap power from the sun. Amidst the political rancor roiling the United States, one bright spot is home solar power installation. It keeps going up, and a study by PowerScout, a company that helps people switch to renewable energy, finds that to be true for households on both sides of the political divide. PowerScout used machine-learning algorithms and satellite imagery to detect rooftop solar panels on the homes of 1.5 million political donors in 20 states. In mature solar markets like California and Hawaii, Republicans and Democrats install solar at nearly equal rates, says Eric Roberts of PowerScout. In more nascent markets, Democrats have slightly higher installation rates than Republicans. These findings hold throughout the country.   Cont'd...

Arab gulf firms set their sights on the region's growing appetite for solar power

Tom DiChristopher for CNBC:  Some of the world's top oil exporters want to be major players in solar power, too. Middle East and North African countries, blessed by ample sunlight and open space, are increasingly adopting solar power. But it's not European, Chinese or American companies taking the lead on some of the region's largest solar parks. It's local firms that are relatively new to renewable energy. Analysts say meeting solar demand at home is just the start. Some of these companies could become global competitors in the fast-growing market for large solar power plants.   Cont'd...

Solar Could Beat Coal to Become the Cheapest Power on Earth

Jessica Shankleman  and Chris Martin for Bloomberg:  Solar power is now cheaper than coal in some parts of the world. In less than a decade, it’s likely to be the lowest-cost option almost everywhere. In 2016, countries from Chile to the United Arab Emirates broke records with deals to generate electricity from sunshine for less than 3 cents a kilowatt-hour, half the average global cost of coal power. Now, Saudi Arabia, Jordan and Mexico are planning auctions and tenders for this year, aiming to drop prices even further. Taking advantage: Companies such as Italy’s Enel SpA and Dublin’s Mainstream Renewable Power, who gained experienced in Europe and now seek new markets abroad as subsidies dry up at home. Since 2009, solar prices are down 62 percent, with every part of the supply chain trimming costs. That’s help cut risk premiums on bank loans, and pushed manufacturing capacity to record levels. By 2025, solar may be cheaper than using coal on average globally, according to Bloomberg New Energy Finance.   Cont'd...

China to plow $361 billion into renewable fuel by 2020

Reuters:  China will plow 2.5 trillion yuan ($361 billion) into renewable power generation by 2020, the country's energy agency said on Thursday, as the world's largest energy market continues to shift away from dirty coal power towards cleaner fuels. The investment will create over 13 million jobs in the sector, the National Energy Administration (NEA) said in a blueprint document that lays out its plan to develop the nation's energy sector during the five-year 2016 to 2020 period. The NEA said installed renewable power capacity including wind, hydro, solar and nuclear power will contribute to about half of new electricity generation by 2020. The agency did not disclose more details on where the funds, which equate to about $72 billion each year, would be spent. Still, the investment reflects Beijing's continued focus on curbing the use of fossil fuels, which have fostered the country's economic growth over the past decade, as it ramps up its war on pollution.   Cont'd...

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