The 1.33 gigawatts of solar panels installed in the 1st quarter is up 79 percent from the period a year earlier, according to the Solar Energy Industries Association, with panels installed on residential property up 38 percent, Bloomberg reports.
Tesla shares may have quadrupled in value in 2013 but Standard & Poor’s has slapped the electric car maker with a B- junk rating because of the company’s uncertain long-term prospects and niche market position, Bloomberg reports.
ALBUQUERQUE, N.M. (AP) — Security concerns about a proposed $2 billion transmission line between Arizona and New Mexico can be resolved, according to the U.S. Defense Department.
Defense Secretary Chuck Hagel said in a letter Tuesday to U.S. Interior Secretary Sally Jewell that concerns about routing the SunZia transmission project through an area used by White Sands Missile Range could be addressed by burying five miles of the line.
Officials at the southern New Mexico military installation previously said running the transmission line through an area north of White Sands could reduce testing operations by up to 30 percent, potentially threatening national security and resulting in layoffs at the range.
HONOLULU (AP) — Hawaiian Electric Company's CEO Richard Rosenblum says he will retire from the company within a year.
Rosenblum said Tuesday that he came out of retirement in 2008 to lead the company though its clean energy initiatives. He says the company's customers are getting more than 18 percent of their energy through renewable energy, compared with 8 percent in 2008.
Rosenblum says he shared his retirement plans to allow ample time for a smooth transition. He says he is committed to completing the development of plans for the next phase of clean energy transformation.
Electricity sales firms that specialize in renewables, like Tom Matzzie’s Ethical Electric, offer people the option of supporting green energy without having to go through the process of installing solar panels or turbines, The New York Times reports.
EnerVault, a Bay-area company started six years ago that has $30 million in venture funding thus far, on Thursday publicly unveiled its flow battery, large tanks filled with electrolytes to store energy gathered from nearby solar panels, the San Francisco Chronicle reports.
Within days of the announcement that the Environmental Protection Agency’s second ranking official, Bob Perciasepe, was leaving, Craig Hooks, the agency’s top human resources official who has come in for increasing scrutiny in the wake of the John Beale scandal, has sent out an email to staff announcing his own departure, E&E reports.
EU states are expected to agree to final details Tuesday on a tougher round of against Russia over the Ukraine crisis -– including an arms sales embargo and restrictions on energy technology -- after the leaders of Germany, Britain, France and Italy discussed the measures in a conference call with President Obama, Reuters reports.
Murray Energy, the coal company that’s challenging the Obama administration’s carbon rule as well as protections for miners over coal dust, is being targeted by a radio ad from Public Citizen, The Hill reports.
With signs of weaker demand and the current international crises not appearing to be cutting into crude supplies, prices continued to decline Monday, Bloomberg reports, noting that U.S. benchmark crude for September delivery fell 42 cents to settle at $101.67 a barrel on the N.Y. Mercantile Exchange, while in London Brent crude declined 82 cents to $107.57.
An oil tanker anchored off Galveston is filled with disputed Kurdish crude that has been claimed by Iraq, according to AET Offshore services, which has been hired to unload it and is asking a district court in Texas to rule on Iraq's claim, Reuters reports.
An ad for West Virginia Democratic Senate candidate Natalie Tennant, in which she vows to stand up to leaders with anti-coal policies, shows her flipping a switch in the state that appears to turn lights off in the White House, The Hill reports.
General Mills -– maker of Cheerios and other well known breakfast cereals -– says it will set targets to reduce greenhouse gas emissions throughout its supply chain, a move applauded by Oxfam, National Journal reports.