New improved battery technology is making renewable energy more feasible, efficient and cost-effective, and incentives for encouraging energy storage are increasing around the world, E&E reports, noting that IHS has predicted more than 40 gigawatts of grid-connected energy storage will be installed by 2022.
The renewable energy sector is among Illinois' largest job generators, according to a study commissioned by the Clean Energy Trust, which found that around 97,000 were employed in it in 2013, Crain's Chicago Business reports.
Heavily traded shares in First Solar Inc. Wednesday hit levels not seen in two years after the company predicted a rise in 2014 revenue, up to $4 billion, and said it was developing new power plants using General Electric transformers, Reuters reports.
ATLANTIC CITY, N.J. (AP) — New Jersey energy regulators took the air out of a $188 million plan to build a wind power farm off the coast of Atlantic City on Wednesday, rejecting the plan as too financially risky.
The state Board of Public Utilities rejected a proposal by Fishermen's Energy to build a windmill farm three miles off the state's southern coast, deciding it placed too much potential risk of soaring electric bills for ratepayers.
COLUMBUS, Ohio (AP) — The state has approved a wind farm with 176 turbines and associated electric transmission facilities to be located in western Ohio.
The Scioto Ridge Wind Farm in Hardin and Logan counties will be capable of generating 300 megawatts of electricity and will include up to 60 miles of access roads, 83 miles of underground electric collection lines and four meteorological towers.
First Solar Inc., the biggest solar panel maker in the U.S., is hunting for avenues of growth now that its market of selling panels to utilities for big desert farms is getting saturated, Bloomberg reports.
With New Jersey joining Arizona and Texas in banning direct sales of automobiles and Ohio considering it, Tesla Motors is finding its sales structure being challenged by a lobby that protects independent automobile dealers, The New York Times reports.
COLUMBUS, Ohio (AP) — Ohio auto dealers are sparring with California-based automaker Tesla, which is selling its electric cars from two Ohio storefronts.
Ohio is among states proposing to block Tesla from setting up additional direct-sales galleries on grounds they undercut traditional auto dealerships. Last Tuesday, New Jersey officials approved a regulation effectively prohibiting automakers from going straight to customers. Tesla vice president Diarmuid O'Connell visited Ohio legislative leaders that same day to try to discourage them from passing similar restrictions.
"The bill would shut down our ability to grow in the Ohio market and, frankly, it's just a first step to them shutting down our existing businesses," O'Connell said. "This is the pattern we see in other states."
Oil continues to wash up on some Louisiana beaches four years after the Deepwater Horizon sinking sent oil gushing into the Gulf of Mexico and a number of area residents remain angry and resentful despite BP paying out billions of dollars in compensation, Reuters reports.
Environmental Protection Administrator and Boston native Gina McCarthy and Energy Secretary Ernest Moniz will throw out the first pitches at the Red Sox game Tuesday, to mark Earth Day, The Hill reports.
A subsidiary of American Energy Partners, the company run by shale pioneer Aubrey McClendon, is renting seven rigs from his former firm Chesapeake Energy to drill for gas in the Utica Shale, Bloomberg reports.
The total U.S. rig count for the week remained at 1,831, according to oilfield services company Baker Hughes Inc., which said that oil rigs declined while gas and miscellaneous rigs increased, Bloomberg reports.
Vermont Yankee owner Entergy has applied to scrap the 10-mile emergency planning zone around it, because of the nuclear plant's closing by year's end, raising concerns from citizen groups, The Recorder reports.
Critics complain that proposals to increase security of the nation’s power grid, drafted by the industry in the wake of an attack on a California substation last year, won’t do enough to stop anyone intent on sabotage, The Wall Street Journal reports.