Solar energy is not the only sustainable resource Cool Idea! Award winners have harnessed thus far.
From Benzinga: Global Equities Research analyst Trip Chowdhry has revealed some interesting information about Tesla Motors Inc 's new product line. Outside of the fact that it will not be a car, very little is known about what Tesla plans to announce. Some experts think it could be a motorcycle. Others assume that it will be an in-home battery that involves solar energy. If Chowdhry's information is correct, it seems that Tesla is ready to launch the latter. In a note to investors, Chowdhry said that he knows of two people that own a residential battery from Tesla. He spoke to one of those owners and detailed the following bullet points: "There are about 230 Households in California, who currently have Tesla Stationary Battery installed in their Homes. Another about 100 Households are out of California. This customer had the Tesla Stationary Battery for about One and a Half years, and is installed in his garage." Last year, Chowdhry attended a sustainability conference and learned that Google Inc is "widely believed" to have a few Tesla (commercial-grade) batteries in some of its buildings. Apple Inc. might also purchase some of these batteries for its new campus. Chowdhry believes that Tesla's commercial-grade batteries are rated at more than 400 kWh.
A South Australian solar energy company is in talks with 'major developers' to build energy self-reliant housing estates which don't need to be connected to the main electricity grid.
Rooftop Solar System at DuPont R&D Center Serves as Model for Distributed Solar Power Systems in China
The Environmental Governance approach of Osaka is exemplary for the developing Asian cities who are trying to balance development and sustainability.
The goal of this program is to increase the efficiency of Array Technologies' commercial sales process while providing customers with access to the highest quality turnkey solar services with Array Technologies' tracking systems.
Google Inc. is making its largest bet yet on renewable energy, a $300 million investment to support at least 25,000 SolarCity Corp. rooftop power plants. Google is contributing to a SolarCity fund valued at $750 million, the largest ever created for residential solar, the San Mateo, California-based solar panel installer said Thursday in a statement. Google has now committed more than $1.8 billion to renewable energy projects, including wind and solar farms on three continents. This deal, which may have a return as high as 8 percent, is a sign that technology companies can take advantage of investment formats once reserved only for banks. “Hopefully this will lead other corporations to invest in renewable energy,” SolarCity Chief Executive Officer Lyndon Rive said in a phone interview. The deal reflects the success of renewable energy companies in tapping into a broader pool of investors with financial products that emerged in the past three years, either paying dividends or sheltering cash. Those helped boost investment in clean energy 16 percent to a record $310 billion last year, according to data compiled by Bloomberg.
The Department of Energy is investing in renewable energy through the Wave Energy Prize and is offering an opportunity for both seed funding and prize purses totaling more than $1 million for qualified prize participants.
The high electricity prices in Hawaii have made wind and solar technologies economically attractive alternatives, especially as their technology costs have come down in recent years.
Prioritizing clean energy during the Republic Day visit can provide energy access solutions, create jobs, and open a huge market opportunity to Indian and American companies alike - while taking concrete action on climate change.
Tom Randall for Bloomberg: Oil prices have fallen by more than half since July. Just five years ago, such a plunge in fossil fuels would have put the renewable-energy industry on bankruptcy watch. Today: Meh. Here are seven reasons why humanity’s transition to cleaner energy won’t be sidetracked by cheap oil. 1. The Sun Doesn't Compete With Oil Oil is for cars; renewables are for electricity. The two don’t really compete. Oil is just too expensive to power the grid, even with prices well below $50 a barrel. Instead, solar competes with coal, natural gas, hydro, and nuclear power. Solar, the newest to the mix, makes up less than 1 percent of the electricity market today but will be the world’s biggest single source by 2050, according to the International Energy Agency. Demand is so strong that the biggest limit to installations this year may be the availability of panels. Cont'd...
From The Economic Times: Big-ticket announcements involving American loans for renewable energy projects, green bonds, venture capital and pension funds are on the cards after US President Barack Obama and Prime Minister Narendra Modi pledged to collaborate in the area of clean energy and combat climate change. Officials at the renewable energy ministry said deals would be negotiated at a high-profile event next month, when Modi will kick off a gathering of industry leaders, bankers, investors and central bank officials from the US, India, Europe and other regions. A team of senior US officials and executives from funding agencies, ministries and companies will interact with Indian officials from the finance ministry, Reserve Bank of India and other agencies to help India meet its ambitious target of adding 1 lakh megawatt of clean energy, which is 40% of the country's total generation capacity now, at a cost of Rs 6 lakh crore.
Geoffery Styles, The Energy Collective - Intuition suggests that the current sharp correction in oil prices must be bad for the deployment of renewable and other alternative energy technologies. As the Wall Street Journal's Heard on the Street column noted Wednesday, EV makers like Tesla face a wall of cheap gasoline. Meanwhile, ethanol producers are squeezed between falling oil and rising corn prices. Yet although individual projects and companies may struggle in a low-oil-price environment, the sector as a whole should benefit from the economic stimulus cheap oil provides. The biggest threat to the kind of large-scale investment in low-carbon energy foreseen by the International Energy Agency (IEA) and others is not cheaper oil, but a global recession and/or financial crisis that would also threaten the emerging consensus on a new UN climate deal. We have already seen renewable energy subsidies cut or revoked in Europe as the EU has sought to address unsustainable deficits and shaky member countries on its periphery. Earlier this week the World Bank reduced its forecast of economic growth in 2015 by 0.4% as the so-called BRICs slow and the Eurozone flirts with recession and deflation. The Bank's view apparently factors in the stimulus from global oil prices, without which things would look worse. The US Energy Information Administration's latest short-term forecast cut the expected average price of Brent crude oil for this year to $58 per barrel. That's a drop of $41 compared to the average for 2014, which was already $10/bbl below 2013. Across the 93 million bbl/day of global demand the IEA expects this year, that works out to a $1.4 trillion savings for the countries that are net importers of oil--including the US. This equates to just under 2% of global GDP. Cont'd...
The marine power plant Deep Green has now been producing electricity for more than a year, and Minesto's founder and CEO Anders Jansson shares his experiences from the trials in this article.
The PV Racking clamp-free rail was a great solution for this carport, as it helped to eliminate rain water leaking through the arrays in comparison to a traditional clamp-based system.
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