ALBANY, N.Y. (AP) — The state's NY-Sun initiative has awarded $28.6 million to 37 projects across the state, including 29 photovoltaic projects that will add 33.6 megawatts of solar power generation capacity.
Gov. Andrew Cuomo says that under the NY-Sun initiative, a total of 299 megawatts of solar photovoltaic capacity has been installed or is under development in the past two years.
Awards are available for a growing number of projects because of the steady decline in solar costs in the past two years, which allows project incentive amounts to be reduced.
MONTPELIER, Vt. (AP) — With the launch of a wood-fueled downtown district heating system still six months away, officials in Vermont's capital city on Monday set the goal of making Montpelier a "net-zero" user of fossil fuels by 2030.
More electric vehicle charging stations and a campaign to have homeowners install new high-efficiency heat pumps are among the steps the city will take in conjunction with the statewide group Efficiency Vermont and the state's largest utility, Green Mountain Power Corp., in pursuit of the goal, officials said.
FuelCell Energy, Plug Power Inc. and Ballard Power, all manufacturers of fuel cells, posted significant gains on the Nasdaq today ahead of earnings reports expected to show the companies on the way to profitability, Bloomberg reports.
Renewable energy companies are increasing their interest in wind and wave energy projects off the coast of Oregon, but it's uncertain how much environmentalist resistance and regulatory processes will affect the trend, The Wall Street Journal reports.
BEIJING (AP) — Chinese authorities allowed the country's first corporate bond default on Friday, inflicting losses on small investors in a painful step toward making its financial system more market-oriented.
Investors in bonds sold in 2012 by Chaori Solar Energy Science & Technology Co., a manufacturer of solar panels, were paid as little as 3 percent of the interest that was due Friday, according to two bondholders, one of whom said he put his parents' savings into the bonds. The company warned earlier this week it had only 4 million yuan ($660,000) and faced an interest payment of 90 million yuan ($15 million).
CHICAGO (AP) — Illinois has more cities providing 100 percent renewable energy than any other state, which has reduced pollution by the equivalent of removing a million cars from the road over the past few years, according to a report released Friday by national and state environmental groups.
A 2009 state law allowed communities to buy their own electricity, rather than relying on a central purchasing agency. Since then, more than 600 Illinois cities and towns have adopted aggregation, which allows them to bundle residential and small business customers to buy cheaper electricity in bulk from smaller suppliers.
Of those, 91 are providing 100 percent renewable energy, either by buying it directly or buying credits that help fund renewable energy development, the report says.
Never mind the shale boom, the rapidly developing technology surrounding solar panels and batteries has the power to transform the U.S. economy, Energy Secretary Ernest Moniz told Bloomberg at the CERAWeek conference in Houston.
A cartoon advertisement by the American Petroleum Institute poking fun at the anti-Keystone XL camp of cowboys and Native Americans in Washington this week has drawn fire from some of the protest participants, FuelFix reports.
Polls released Thursday by the American Petroleum Institute and the conservative-leaning Rasmussen Reports found support among U.S. voters for construction of the Keystone XL pipeline, The Hill reports.
Lawmakers from North Dakota’s congressional delegation discussed oil train safety with Transportation Secretary Anthony Foxx as he visited the site of last year’s derailment and explosion in Casselton, The Hill reports.
A White House spokesman Wednesday night challenged a report by Rolling Stone that President Barack Obama will decide against the controversial Keystone XL pipeline project, saying on Twitter that "nobody knows" his thinking, National Journal reports.