The market for home battery systems that cost thousands of dollars is presently very small, The Wall Street Journal reports, noting that Tesla’s Elon Musk and his competitors are banking on swift growth as they push to develop energy storage systems.
HONG KONG (AP) — Hong Kong regulators said Thursday they're investigating a leading Chinese solar panel maker owned by billionaire Li Hejun after its shares took a sudden and unexplained plunge.
The Securities and Futures Commission normally does not announce its investigations but released a statement after Li said there was no investigation in a video interview posted online Wednesday by Chinese state media.
The East Texas Electric Cooperative held a groundbreaking ceremony Wednesday to mark the start of construction on a 24-megawatt hydroelectric plant at the Lake Livingston Dam, which is scheduled to be finished in 2018, FuelFix reports.
Walt Disney World will be getting some additional solar power after the local tax district it controls struck an agreement with Duke Energy to build a 5-megawatt solar farm, the Orlando Sentinel reports.
A new building unveiled at the Lawrence Berkeley National Lab Tuesday, which is named after former Energy Secretary Steven Chu, is housing research into sunlight, including a quest for artificial photosynthesis, KGO reports.
The Clean Energy Technology Center at North Carolina State University is partnering with EnergySage Inc. to launch an online solar energy marketplace to hook up solar vendors with potential customers in the state, Triangle Business Journal reports.
A 30-second television ad highlighting the importance of energy development in Alaska is running in markets throughout the state ahead of President Obama’s visit set for Monday, paid for by the Arctic Slope Regional Corp., which hold North Slope drilling rights and represents around 12,000 native Alaskans, FuelFix reports.
Delivering the keynote address at an energy expo in Tulsa Wednesday, Gov. Mary Fallin, R-Okla., called for a strong national energy policy that includes construction of the Keystone XL pipeline and the lifting of the U.S. ban on crude exports, the Tulsa World reports.
Seven groups – including the Natural Resources Defense Council and the Environmental Integrity Project -- gave notice Wednesday that they intend to sue the Environmental Protection Agency for failing to update the regulations that govern the handling of drilling waste, E&E reports.
The U.S. Chamber of Commerce and the National Association of Manufacturers have been turning up the volume in their attacks on the Environmental Protection Agency’s potential moves to lower ozone limits in the atmosphere, National Journal reports.
Smaller drilling companies around the world are putting exploration plans on hold as they take steps to cut costs in the face of falling oil prices, which could mean a big drop in future discoveries of deposits, The Wall Street Journal reports.
The Energy Information Administration says U.S. ethanol production has dropped to May levels at 952,000 barrels a day, although stockpiles increased for a second straight week to 18.628 million barrels, Platts reports.
Gains in global stock markets alongside a pipeline shutdown in Nigeria sent oil prices soaring Thursday. U.S. benchmark crude jumped $2.93 a barrel to $41.55 on the Nymex, while in London Brent rose $3 a barrel to $46.32, The Financial Times reports.
If the Bureau of Land Management imposed new rules that cut down on natural gas venting and flaring on federal lands, taxpayers could get millions more in royalty payments, according to ads being run by the Western Values Project and Taxpayers for Common Sense, The Hill reports.
NASA is warning that ocean levels may rise three feet or more by the end of the century, with scientists attributing the change to melting glaciers, melting ice sheets and ocean expansion due to climate change, the Los Angeles Times reports.