What Cities Should Do To Become More Power Resilient: A Clean Energy Solution for Climate Adaptation
Two new reports by Clean Energy Group offer guidelines for cities to become more power resilient in the face of severe weather events
Maryland Clean Energy Center Appoints Advanced Biofuels USA's Joanne Ivancic to 2015 Advisory Council
The Maryland Clean Energy Center is pleased to announce the addition of Joanne Ivancic, Executive Director, Advanced Biofuels USA to the MCEC 2015 Advisory Council.
Power flows to Scottish Renewables conference
Key green energy event will attract 800 to Edinburgh for 23 sessions over two days
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ABB announced as headline sponsor
The nominees of the GreenTec Awards 2015
More than 100,000 votes in the online voting
Benefits of ATI's Value Added Reseller Program
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 Is Making Its Biggest Ever Bet on Renewable Energy
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.
U.S. Department of Energy's Wave Energy Prize
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.
Hawaii's electric system is changing with rooftop solar growth and new utility ownership
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.
How Clean Energy Can Power Climate Action During Obama's Visit to India
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.
Seven Reasons Cheap Oil Can't Stop Renewables Now
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...
Foreign funds flow set to skyrocket for renewable energy projects in India
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.
How the Oil Price Slump Helps Renewable Energy
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...
Reflections from Breakthrough Marine Energy Trials
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.
Case Study - 28kW Custom Carport in Frederick, MD
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.
Upcoming Tradeshow, Conference & Exhibition Summary
March, April, May 2015
2015 promises to be another banner year for the Renewable Energy Industry. Solar and Wind will continue to grow and Energy Storage will continue to dominate the conversation. April offers up some great Energy Storage events here in North America and Europe.
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