On expectations that the California Public Utilities Commission will adopt its proposed decision barring utilities from charging fees to connect solar systems that use battery storage, SolarCity anticipates returning to file applications to connect the systems in the state, Bloomberg reports.
Clean energy investment is on the rise again after two years of declines, according to Bloomberg New Energy Finance, which estimates new money coming into the sector increased by more than $4 billion, or 9 percent, in the first quarter, led by demand for rooftop solar panels.
Bonds may be the best way to raise money for clean energy projects, says a report from the Brookings Institution, although the think tank notes that few developers have used bonds because of difficulties in accessing the markets, E&E reports.
AUGUSTA, Maine (AP) — The Maine Senate failed to muster enough support Wednesday to revive a bill that would have restored a program that provides rebates for residents and businesses who install solar panels.
Despite strong support in the Democratic-led House earlier this week, the effort to overturn Republican Gov. Paul LePage's veto fell two votes short of the two-thirds majority support it needed in the Senate, killing the bill as lawmakers make their way through the final days of the legislative session.
Richard Li, the Hong Kong billionaire outbid in the sale of bankrupt Fisker Automotive, still stands to make more than $60 million on the company’s loan he bought at auction from the Energy Department last year, The Wall Street Journal reports.
AUGUSTA, Maine (AP) — Maine's House of Representatives has voted to overturn Gov. Paul LePage's veto of a bill restoring a rebate program for solar panels.
The Democratic-led House voted 105-41 to override the Republican governor's veto of the bill that would provide $1 million for the program that would last more than two years. It now goes to the Senate.
Texas on track to build more than 7,000 megawatts of new wind projects in 2014, although not all will be completed, The Dallas Morning New reports, noting that interest has been boosted by the Competitive Renewable Energy Zone project.
Iraq produced 3.6 million barrels of oil in February, the nation's highest output since Saddam Hussein took power in 1979, but a March pipeline attack and a drop in production highlight the instability of the nation's markets, The Wall Street Journal reports.
An all-week rally against the Keystone XL pipeline, organized by the Cowboy and Indian Alliance and green groups, drew nearly 200 protesters to the National Mall in Washington on Tuesday, The Wall Street Journal reports.
Canada's Department of the Environment recommended removing humpback whales from its list of "threatened" species months before the government will rule on a pipeline permit that would boost oil shipments through the whales' habitat, Reuters reports.
Nebraska Gov. Dave Heineman, a Republican, urged the state's supreme court to dismiss a lower judge's ruling that the proposed Keystone XL pipeline route was approved through improper means, Bloomberg reports.
Tom Steyer, a climate activist spending millions in the 2014 elections, said his activity differs from that of the conservative Koch brothers because he's pushing the issue of climate change rather than for policies he would benefit from, Politico reports.
The North American energy boom, which is starting to change the global picture economically and strategically, still has the potential to be derailed, particularly if oil prices drop, The New York Times reports.