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.
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.
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 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."
RENO, Nev. (AP) — To bring electric cars to the masses, Tesla Motors will use an expanse of desert where wild mustangs still roam for a factory that the company projects will crank out enough batteries to power 500,000 vehicles annually by decade's end.
Tesla chose Nevada as the site for the $5 billion facility, a person familiar with car maker's plans said Wednesday
Nevada's elected leaders still must deliver on the economic incentives they've promised, but if they do as expected, Tesla will open its massive factory at an industrial park outside Reno, according to the person, who spoke on condition of anonymity because no official announcement had been made. An announcement was scheduled for Thursday afternoon at Nevada's Capitol.
RENO, Nev. (AP) — Tesla Motors has chosen Nevada as the site for a massive, $5 billion factory that will pump out batteries for a new generation of electric cars, a person familiar with the company's plans said Wednesday.
The person, who spoke on condition of anonymity because no official announcement had been made, said work would soon resume at an industrial park outside Reno.
Four other states — California, Texas, Arizona and New Mexico — were vying for the project and the estimated 6,500 jobs it will bring.
DENVER (AP) — Senate candidate Cory Gardner has released a pair of campaign ads reaching out to Colorado's all-important centrist voters, who have soured on some GOP positions, and cast himself as a "new kind of Republican" who supports over-the-counter birth control pills and renewable energy.
The TV spots released this week come in a close race against Democratic Sen. Mark Udall in a swing state that has become increasingly reluctant to elect conservatives as coastal transplants have pushed the politics to the left.
Senate Majority Leader Harry Reid hosts annual Clean Energy Summit. Former Secretary of State Hillary Rodham Clinton, Agriculture Secretary Tom Vilsack, White House counsel John Podesta, Rep. Dina Titus to speak.
Oil prices appeared holding steady early Monday, as the talks over Iran’s nuclear program appeared headed for a break to be resumed next month and ahead of an OPEC meeting that will make key decisions on crude production. U.S. benchmark crude was 15 cents higher at $76.66 a barrel in electronic trading on the Nymex, while in London Brent edged up 4 cents to $80.40, Reuters reports.
In the Republican’s nationally broadcast address over the weekend, Rep. Bill Cassidy, R-La. -- who is seeking to unseat Sen. Mary Landrieu, D-La. in a December runoff election -- called on President Barack Obama to approve the Keystone XL pipeline, saying the case for the long-delayed project is “clear and obvious,” The Hill reports.
With Sen. Lisa Murkowski, R-Alaska, taking over as head of the Energy and Natural Resources Committee in the new Republican-controlled Senate, the issue of drilling in the Arctic National Wildlife Refuge is likely to be revisited, The Hill reports.
George Banks of the R Street Institute, former committee staffer for Sen. James Inhofe, R-Okla., predicts that the new Republican-controlled Congress will lift the ban on crude oil exports and push through approval of the Keystone XL pipeline, but that there won’t be a significant upsurge in bipartisanship on Capitol Hill – assessments Alison Cassady of the Center for American progress doesn’t share, The Wall Street Journal reports.
The U.S. power supply ought to be able to withstand another polar vortex should the frigid temperatures descend again this winter, although margins are shrinking and changes may be needed to the way the availability of resources is calculated, according to an assessment from the North American Electric Reliability Corporation, Platts reports.
In a year when initial public offerings for master limited partnerships raised a record $6.8 billion, analysts are warning that investments in pipeline and midstream MLPs no longer appear to offer their traditional low-risk, high-yield benefits with the same degree of consistency, The Wall Street Journal reports.
With the cost of solar and wind power dropping dramatically in recent years, the renewable energy sources are becoming more directly competitive with electricity from gas and coal-fired plants, The New York Times reports.
State legislatures have so far rejected attempts to overturn renewable energy mandates -– although Ohio this year did freeze its green energy targets -– but the Koch-founded Americans for Prosperity is continuing to pour money into the fight against them, National Journal reports.
The shale boom that has brought wealth and jobs to North Dakota is starting to be questioned by some residents concerned about health, safety and pollution costs as well as financial exploitation by major companies making moves that are backed by state regulators, The New York Times reports.