Renewable Energy

Opterra takes over Chevron outpost in Hawaii

Source: 
Pacific Business News

As Chevron continues to shed its renewable portfolio, it has sold off the Hawaii office of Chevron Energy Solutions to Opterra Energy Services, owned by Oaktree Capital Management LP, Pacific Business News reports.

Nevada lawmakers considering $1.3B Tesla package

RENO, Nev. (AP) — Gov. Brian Sandoval has ordered the Nevada Legislature into a special session to consider $1.3 billion in tax breaks and other incentives for electric car-maker Tesla Motors as part of "an extraordinary opportunity" to seal the deal for its $5 billion battery factory and tens of thousands of jobs he says are needed to recover from the worst economic crisis in state history.

Majority Democrats in the Senate and Assembly intended to open the session Wednesday to begin work on the package the Republican governor says would help further diversify Nevada's hard-hit, tourism-based economy through new and innovative technology.

More Nevada solar projects in the works

Source: 
Platts

First Solar, Invenergy and NV Energy are planning solar projects totalling 480 megawatts in the Dry Lake solar zone in southern Nevada, Platts reports.

Battle in Washington state over how to encourage solar

Source: 
The Seattle Times

A debate is heating up in Washington over the best way to encourage the generation of more solar power, in particular whether to open the door to leasing, a move opposed by solar installation companies currently operating in the state, The Seattle Times reports.

Scottish independence could bring renewable headaches

Source: 
Bloomberg

Questions surrounding how developers of renewable power projects would get subsidies if Scotland votes for independence are just a few of the issues of concern in the energy sector, given that Scotland exports electricity and generates more than 40 percent of Britain’s wind power capacity, Bloomberg reports.

Work begins on $1 billion solar plant in Nevada

LAS VEGAS (AP) — Construction has begun on a $1 billion solar power generating station in the Mohave Desert that officials say will produce enough electricity to power about 80,000 California homes when it is completed in 2016.

The 250-megawatt project, dubbed Silver State South, will capture solar energy with panels spread across almost 4 square miles of federal land south of Las Vegas, according to a fact sheet obtained Friday from a First Solar Inc. representative.

Verizon looks to make money on renewable energy

Source: 
E&E

Cellular and broadband provider Verizon’s move to expand its renewable energy portfolio by doubling its generation of solar power should boost the company’s bottom line, sustainability officer James Gowen said in a post on the company's website, E&E reports.

Debt load hurting Xi’s clean energy strategy in China

Source: 
Bloomberg

Chinese companies in the renewable energy sector face record bond repayments in the second half of the year, with at least one -- Sinovel Wind Group Co. -- likely to struggle, a situation that Bloomberg reports may damage President Xi Jinping’s clean energy strategy.

Tesla CEO: "Nevada is it;" $1.3B package offered

RENO, Nev. (AP) — The Biggest Little City in the World is about to get a new neighbor: the biggest lithium battery factory in the world that Nevada Gov. Brian Sandoval asserted will create more than 22,000 new jobs and pump $100 billion into the state's economy over the next 20 years.

Tesla Motors Inc. CEO Elon Musk declared the Silver State the winner Thursday of a high-stakes battle with California and three other states for the $5 billion "gigafactory" he says they need — and need fast — to mass produce cheaper batteries for its next line of more-affordable electric cars.

Senate Democrats

Reid: Senate will vote on renewables tax breaks

Senate Majority Leader Harry Reid on Thursday renewed his pledge to bring renewable energy tax breaks up for a vote this fall, but left open the option to wait until a lame-duck session after the November elections.

"Letting these critical incentives expire is not an option," Reid said at the start of his annual clean energy summit in Las Vegas. "I'll bring them to the floor before the end of this year for a vote."

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