Renewable Energy

Deputy to replace Moniz at MIT Energy Initiative

Source: 
MIT News
Robert C. Armstrong, deputy director of the MIT Energy Initiative, will replace incoming Energy Secretary Ernest Moniz at the Initiative, MIT News reports.

SolarCity wins $500M financing from Goldman Sachs

Source: 
Bloomberg
Goldman Sachs agreed to finance up to $500 million for rooftop solar systems from SolarCity Corp., Bloomberg reports.

SunPower may move into lithium battery market

Source: 
Gigaom
Rooftop solar maker SunPower CEO Tom Werner said the company is planning to expand into the energy storage business by producing lithium-ion batteries, Gigaom reports.

Tesla aims to repay DOE loan first with $830M debt, stock sale

Source: 
Bloomberg
Aiming to be the first company to repay its Energy Department advanced vehicle loan, Tesla Motors Inc. plans to sell as much as $830 million in stock and debt, Bloomberg reports.

Puerto Rico welcomes $30M renewable energy project

SAN JUAN, Puerto Rico (AP) — Puerto Rico's governor has announced a $30 million investment to install solar panels at the island's main convention center while making a call for more renewable energy projects.

Senate Commerce hearing, "Advanced Vehicle Technology and its Implications"

Washington, May 15, 2013, 2:30 pm

Senate Commerce, Science, and Transportation Committee hearing, "The Road Ahead: Advanced Vehicle Technology and its Implications." NHTSA Administrator David Strickland, Alliance of Automobile Manufacturers President Mitch Bainwol among witnesses. 

Amtrak unveils new energy-efficient locomotives

NEWARK, N.J. (AP) — Amtrak has unveiled at a plant in California the first of 70 new locomotives, marking what the national passenger railroad service said it hopes will be a new era of better reliability, streamlined maintenance and more energy efficiency.

On a broader scale, the new engines displayed Monday could well be viewed as emblematic of the improving financial health of Amtrak, which has long been dependent on subsidies from an often reluctant Congress.

Mich. college to run entirely on renewable energy

Source: 
South Bend Tribune
Goshen College in Michigan announced it would purchase all of its electricity from renewable sources, the South Bend Tribune reports.

Wind farms get pass on eagle deaths

CONVERSE COUNTY, Wyo. (AP) — It happens about once a month here, on the barren foothills of one of America's green-energy boomtowns: A soaring golden eagle slams into a wind farm's spinning turbine and falls, mangled and lifeless, to the ground.

SolarCity quarterly loss bigger than expected

Source: 
Reuters

Rooftop solar leasing company SolarCity posted a quarterly loss that was larger than anticipated, sending its shares down, Reuters reports. 

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