An agreement between Duke Energy, environmentalists and business groups to increase solar capacity in the company's South Carolina service area includes some consumer rebates, The Charlotte Observer reports.
SolaRoad, an experimental solar bike path installed outside Amsterdam last year, has performed better than expected, with its panels generating more than 3,000 kilowatt hours of electricity in the project’s first six months, Al Jazeera reports.
TOKYO (AP) — Nissan's profit for the January-March quarter inched up 3.3 percent from a year earlier, helped by healthy vehicle sales in North America, a favorable exchange rate and cost cuts.
Nissan Motor Co. reported Wednesday a quarterly profit of 118.8 billion yen ($992 million), up from 114.9 billion yen the previous year. Quarterly sales edged up 2.6 percent to 3.29 trillion yen ($275 billion).
HAGATNA, Guam (AP) — According to a U.S. Navy draft environmental assessment, Guam could be getting land to build solar farms which would provide clean, renewable energy and lessen energy costs and dependency on fossil fuels.
The (Guam) Pacific Daily News reports that the assessment from the lead agency on the project states that approximately 192 acres of land would be leased to Guam Power Authority to build eight solar farms for 37 years, including renewal options.
In one of a number of efficiency successes reported by Business Insider, Kohl’s department store chain is saving up to 18 percent of its energy costs after installing software that enables it to monitor energy meters remotely, according to installer Environmental Systems Inc.
The Energy Spark program being put together by Washington state offers homeowners a reduced mortgage rate if they buy an energy efficient home or make efficiency improvements to their existing house, KIRO reports.
Oil was rising early Friday on the back of the Energy Information Administration reporting a drop in U.S. crude inventories. West Texas Intermediate crude for July delivery gained 64 cents to $58.32 a barrel in electronic trading on the Nymex, while in London Brent was up 59 cents to $63.17, The Wall Street Journal reports.
The insistence that oil companies be able to drill relief wells in the event of an emergency is a major sticking point when it comes to the Obama administration plan to allow Arctic drilling, according to comments filed by groups including the American Petroleum Institute, FuelFix reports.
Specifically excluding some wetlands and ponds from Environmental Protection Agency jurisdiction under the agency’s new water rule is “a pretty big deal” and “a huge concession,” present and former EPA officials have told E&E.
A Maine legislative committee has killed several energy proposals brought forward by Republican Gov. Paul LePage, including a measure that would have dismantled net metering and another that would have helped utilities with financing natural gas pipelines, the Portland Press Herald reports.
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.
U.S. ethanol stocks dropped to a low for the year of just under 20.1 million barrels last week, despite a production increase of 11,000 barrels per day, according to Energy Information Administration data, Platts reports.