Renewable Energy

Auto supplier says fuel cells viable for consumers by 2025

Source: 
Reuters

A senior executive at auto industry supplier Robert Bosch said fuel-cell technology is quickly becoming more affordable and projected that fuel-cell vehicles would be commercially competitive by 2025, Reuters reports.

Berkshire buying Duracell from P&G in $3B deal

OMAHA, Neb. (AP) — Warren Buffett's Berkshire Hathaway is buying the Duracell battery business from Procter & Gamble Co. in a deal valued at approximately $3 billion.

P&G, the world's biggest consumer products maker, had announced last month that it wanted to make Duracell a stand-alone company. P&G, which acquired Duracell in 2005, said at the time that it preferred a spinoff of Duracell, but that it was considering a sale or other options.

Energy Department loan guarantee program in the black

Source: 
Reuters

The Energy Department said in a report that its Loan Programs Office has brought in $810 million in interest payments as of September, wiping out $780 million in losses after some recipients including Solyndra went bankrupt, Reuters reports.

Slow investment, rough condition slowing ocean energy projects

Source: 
E&E

Though marine energy could likely provide a constant, easily forecasted power source, investment in the technology has been slow and harsh ocean conditions have made research a time and labor-intensive process, E&E reports.

Australian opposition rejects renewable targets as too weak

Source: 
Reuters

Australia's opposition Labor Party has rejected Prime Minister Tony Abbott's proposed 20 percent renewable energy target for electricity generation, saying the plan would cut original goals by 40 percent, Reuters reports.

Dutch to test solar panels on bicycle path

KROMMENIE, Netherlands (AP) — A project dubbed "SolaRoad" gets underway in the Netherlands this week, testing roadways as a potential canvas to collect solar energy. Fittingly for the cycle-crazy Dutch, the first SolaRoad is a bike path not far from Amsterdam.

The path is built of massive, Lego-like modules of solar panels embedded in concrete, each with heavy-duty glass on top protecting them from wear. An additional rough translucent plastic coating ensures bikers don't slip.

AFP joins conservative chorus against wind PTC

Source: 
The Hill

Americans for Prosperity, a conservative group backed by Charles and David Koch, made new calls for Congress to allow the wind production tax credit to expire at the end of year, The Hill reports.

Tesla sets delivery record, but losses mount

DETROIT (AP) — Electric car maker Tesla Motors set a record for deliveries of its Model S sedan in the third quarter, delighting investors even as its losses doubled from a year ago.

Tesla said Wednesday it delivered 7,785 cars during the July-September period. That was slightly below its guidance of 7,800 but up 41.5 percent from the same quarter a year ago.

Bigger customer base for SolarCity in 3Q

Source: 
Reuters

Top U.S. solar panel installer SolarCity reported adding customers to generate a 20 percent hike in revenue in the third quarter, to $58.34 million, although that was less than analysts expected and the company’s loss widened compared to the year-ago period, Reuters reports.

Tesla sets delivery record, but losses mount

DETROIT (AP) — Electric car maker Tesla Motors beat Wall Street's expectations and set a record for deliveries of its Model S sedan in the third quarter, delighting investors even as its losses doubled from a year ago.

Tesla said Wednesday it delivered 7,785 cars during the July-September period. That was slightly below its guidance of 7,800 but up 41.5 percent from the same quarter a year ago.

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