Renewable Energy

Energy storage the new ‘holy grail’: Analyst

Source: 
The New York Times

Energy storage is the key to energy systems in an age of renewables, the new “holy grail,” a Bloomberg analyst told The New York Times, which notes that the International Energy Agency has called on the U.S., the EU, China and India to spend a combined $380 billion to boost it.

SolarCity loan deal could propel rooftop market

NEW YORK (AP) — SolarCity will begin offering loans to homeowners for solar systems, a move that industry analysts say could reshape the market for rooftop solar and propel its rapid adoption.

Most current rooftop solar deals involve a lease or an agreement to buy power over a period of time, but the company owns the panels. SolarCity's loan will allow customers to own their systems and still pay less for electricity, a simpler and cheaper prospect.

House Oversight and Government Reform Committee photo

IRS chief: Refunds may slow without fast extenders decision

The head of the Internal Revenue Service has called on Congress to take up or abandon a package of tax break extensions and renewals by the end of November to avoid slowing tax refunds next year.

In a letter dated Monday to the chairmen and ranking members on the Senate and House tax-writing committees, Commissioner John A. Koskinen said a decision must be made by then to avoid "serious problems" for IRS and for filers.

While he did not call for passage of legislation, Koskinen's letter gives backers of the tax "extenders" bill pending in the Senate a new argument to use in calling a fast vote when lawmakers return to Washington next month. 

LED there be light: 3 share Nobel for blue diode

STOCKHOLM (AP) — An invention that promises to revolutionize the way the world lights its homes and offices — and already helps create the glowing screens of mobile phones, computers and TVs— earned a Nobel Prize on Tuesday for two Japanese scientists and a Japanese-born American.

By inventing a new kind of light-emitting diode, or LED, they overcame a crucial roadblock for creating white light far more efficiently than incandescent or fluorescent bulbs. Now LEDs are pervasive and experts say their use will only grow.

American, 2 Japanese win physics Nobel Prize, for lighting

STOCKHOLM (AP) — Isamu Akasaki and Hiroshi Amano of Japan and U.S. scientist Shuji Nakamura have won the Nobel Prize in physics for the invention of blue light-emitting diodes — a new energy efficient and environment-friendly light source.

The Royal Swedish Academy of Sciences says the invention is just 20 years old, "but it has already contributed to create white light in an entirely new manner to the benefit of us all."

Sizeable investment in battery gigafactory from Panasonic

Source: 
The Wall Street Journal

Panasonic CEO Kazuhiro Tsuga told reporters Tuesday that his company plans an initial investment in Tesla’s battery gigafactory that runs to tens of billions of yen, the equivalent of hundreds of millions of dollars, The Wall Street Journal reports.

Jewell addresses AWEA Offshore WINDPOWER Conference

Atlantic City, October 7, 2014, 9:15 am

Interior Secretary Sally Jewell delivers keynote address at AWEA Offshore WINDPOWER 2014 conference. BOEM Acting Director Walter Cruickshank also to attend. Conference continues Wednesday.

Tesla announcement involves automated driving, sources tell Bloomberg

Source: 
Bloomberg

The coming announcement from Tesla Motors that CEO Elon Musk previewed on Twitter last week involves adding automated driving features to its cars, people familiar with the matter told Bloomberg.

Meetings, months of public comment for Calif. renewable energy plan

Source: 
The Press Enterprise

The land use plan for the California desert announced by Interior Secretary Sally Jewell, which balances renewable energy proposals with conservation measures and runs to some 8,000 pages, will be the subject of discussion at ten public hearings in the coming weeks, while the public comment period on the proposal runs into January, The Press Enterprise reports.

Comey: Chinese hackers like a 'drunk burglar'

WASHINGTON (AP) — FBI Director James Comey compared Chinese hackers to a "drunk burglar" who steals with reckless abandon, even as they cost the U.S. economy billions of dollars every year.

In an interview broadcast Sunday on CBS' "60 Minutes," Comey said Chinese hackers target the intellectual property of U.S. companies in China every day.

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