Wind technology company Vestas announced a program called Wind for Prosperity to bring wind turbines to rural areas worldwide as part of an effort to bring low-cost energy to developing nations, The New York Times reports.
WASHINGTON (AP) — A major U.S. power company has pleaded guilty to killing eagles and other birds at two Wyoming wind farms and agreed to pay $1 million as part of the first enforcement of environmental laws protecting birds against wind energy facilities.
WASHINGTON (AP) — The Obama administration said Friday it will lose $139 million on a loan to struggling electric car maker Fisker Automotive Inc. after selling part of the loan to a private investor that immediately took the company into bankruptcy.
WASHINGTON (AP) — For the first time, the Obama administration is taking action against wind farms for killing eagles.
In a settlement announced Friday, Duke Energy will pay $1 million for killing 14 golden eagles over the past three years at two Wyoming wind farms. The company says it pleaded guilty to misdemeanor charges under the Migratory Bird Treaty Act.
A Massachusetts Institute of Technology report said Tesla Motors Model S sedan has a significantly higher chance of catching fire in a collision than gas-powered vehicles, undercutting CEO Elon Musk's assertions that the vehicles are less likely to catch fire, Bloomberg reports.
Consumer Reports said Tesla Motors Inc.'s electric Model S won its highest owner satisfaction ratings in seven years, though the survey was taken before three battery fires prompted a federal safety investigation, Bloomberg reports.
Power generated by the planned Hancock Wind project in Maine will be sold to Burlington Electric Department in Vermont, according to a deal announced Friday by wind farm operator First Wind, the Boston Globe reports.
Virginia's has moved closer to its goal of setting up a research turbine on the Outer Continental Shelf off the state's coast to gather wind data, now that BOEM has found no competing interests in the area, Newsplex.com reports.
ConocoPhillips said Friday it will set aside more than half of its $16.7 billion budget next year for North American shale projects, adding that it expects to hit its production target of 1,600 barrels a day, Reuters reports.
Cheniere's soaring share price hit a new record high Thursday and then again on Friday, following news of a deal to supply natural gas to Indonesia from a Corpus Christi facility that's still in the planning stages, according to Fuelfix.
Solaria has filed suit against a federal agency, seeking nearly $30 million after the Overseas Private Investment Corp. walked away from a deal with the California solar firm despite signing a commitment letter offering financing.
U.S. oil prices will remain relatively low and demand will increase, according to a Goldman Sachs analyst, who predicts the commodity cycle dominated by strong demand from China and India will turn "upside down," Reuters reports.
A Colorado State University professor says the oil and gas industry has helped the state recover from the recession, according to the Reporter-Herald, though not without social and environmental costs.