The 500 megawatts of renewable energy that Alabama Power is seeking regulatory permission to install would bring a premium price and is aimed at corporate, not residential, customers, a company spokesman told AL.com.
Toyota’s new model Prius, due out in the autumn, will find it hard to reverse the decline in the sector in the face of lower gasoline prices and the increasing fuel economy of conventional vehicles, the Los Angeles Times reports.
RALEIGH, N.C. (AP) — A division of Amazon is buying the renewable energy generated by the South's first big wind-power project.
Seattle-based Amazon Web Services said Monday it has agreed to buy the electricity generated by the 200-megawatt operation to be built near Elizabeth City in rural eastern North Carolina. A groundbreaking for the project being built by Iberdrola Renewables is scheduled for Tuesday.
Solar Impulse – the plane being flown around the world powered only by sunlight – will be grounded in Hawaii until August while repairs are made to some of its overheated batteries, The Associated Press reports.
With more than 14,000 megawatts of wind power capacity installed, Texas has more than double the amount of second-ranked California, while 11 states have no commercial installations, The Associated Press reports, citing Energy Department information.
On a vast tract of old North Carolina farmland, crews are getting ready to build something the South has never seen: a commercial-scale wind energy farm.
The $600 million project by Spanish developer Iberdrola Renewables LLC will put 102 turbines on 22,000 acres near the coastal community of Elizabeth City, with plans to add about 50 more. Once up and running, it could generate about 204 megawatts, or enough electricity to power about 60,000 homes.
Hoping to generate interest in clean energy flight, Airbus has successfully recreated the first airplane journey across the English Channel, but this time using a prototype plane powered by lithium batteries, The Wall Street Journal reports.
Unsettled financial markets and gains in the U.S. dollar kept investors from investing more heavily in clean energy projects in the second quarter of 2015, according to a new analysis by Bloomberg New Energy Finance. The report found clean energy investments of $53 billion were down 28 percent from the same period a year ago.
The decision by the Florida League of Cities to file a legal brief urging the state Supreme Court to keep a solar initiative off the ballot is being opposed by some local officials, the Miami Herald reports.
Giving states more time to comply with provisions of the rule limiting power plant carbon emissions may help the Environmental Protection Agency deflect some of the legal challenges it’ll face after finalizing the regulation, E&E reports.
Human activity does contribute to climate change, but the Obama administration’s “irresponsible and ineffective” Clean Power Plan won’t help stop it, Republican Presidential candidate Jeb Bush told Bloomberg BNA in an interview.
Three prominent scientists active in the climate field—including Harvard professor Naomi Oreskes—have written an essay saying that industry—major oil companies in particular—is responsible for the lions’ share of greenhouse gas emissions that have contributed to climate change, E&E reports.
California Democrats Sen. Dianne Feinstein and Sen. Barbara Boxer have proposed a bill to provide $1.3 billion over ten years to projects that would help their state cope better with drought, the Los Angeles Times reports.
Support for oil prices, provided by a report of a drawdown in inventories, evaporated Thursday in the face of a rally in the dollar. U.S. benchmark crude lost 27 cents to settle at $48.52 on the Nymex, while in London, Brent slipped 7 cents to $53.31, Reuters reports.
Cashing in on the flood of cheap crude oil, refiner Valero Energy reported $1.4 billion in earnings in the second quarter, more than double what it made a year ago, and chief Joe Gorder was talking about expansion and diversification, FuelFix reports.
Although performing better than analysts expected, ConocoPhillips still reported a loss of $179 million in the second quarter, and announced it will cut capital spending by another $500 million, The Wall Street Journal reports.
Lower oil and gas prices that cut drilling activity were responsible for Pioneer Energy Services’ growing red ink in the second quarter, the contract driller said as it reported a net loss of $77.3 million, FuelFix reports.
Royal Dutch Shell might look to get involved in gas projects in Iran once sanctions are lifted in the wake of the nuclear agreement Tehran reached with global powers, according to Chief Financial Officer Simon Henry, Platts reports.