The profit for First Solar Inc., the largest solar panel manufacturer in the U.S., dropped 58 percent in the 4th quarter on lower revenue from plants the company is building in the Southwest, Bloomberg reports.
Nearly 80 contractors are involved in the massive program to move the U.S. military toward using alternative sources of energy, according to The Christian Science Monitor, which reports on progress toward fulfilling the DOD's goal of producing 3 gigawatts of clean power by 2025.
An amendment approved Tuesday by the Indiana House of Representatives would scrap the clean energy program started in the state five years ago under then Gov. Mitch Daniels, The Indianapolis Star reports.
The effort by a bipartisan pair of senators to try again to pass energy efficiency legislation got a boost Tuesday, when a leading advocate for the Keystone XL pipeline said he won't try to use the bill to push language favoring the controversial project.
Sen. John Hoeven, R-N.D., told reporters he does not want to use the measure to seek a Senate vote on the proposed $5.4 billion oil sands pipeline, even as it potentially faces months of additional delays over a court ruling in Nebraska.
DETROIT (AP) — The Tesla Model S electric sedan is Consumer Reports' top pick in this year's automotive rankings.
The magazine cited the Model S's sporty performance and technological innovations, including its 225-mile range. But it acknowledged that the car is expensive. Consumer Reports paid $89,650 for the Model S it tested.
For less than a third of that price, the Toyota Prius hybrid got the nod as Consumer Reports' top green car. The magazine also cited strong fuel economy in naming the Honda Accord as the top midsize car and the BMW328i as the best sports sedan.
Senate Foreign Relations Committee Chairman Robert Menendez, D-N.J., said the panel is close to an agreement on a package of measures to deal with the Ukraine crisis, including aid to Kiev and some targeted sanctions, Politico reports.
Ambassadors from four central European countries have written to House Speaker John Boehner, R-Ohio, and Senate Majority Leader Harry Reid, D-Nev., urging them to move Congress to take action to loosen up natural gas exports in the face of the Ukraine crisis that has the potential to affect their gas supplies, The Hill reports.
The harsh winter of 2014 has seen many consumers slapped with higher electricity bills, but the retirement of coal-fired power plants to comply with new carbon regulations may stretch pocketbooks and power supplies further, The New York Times reports.
A report by grid operator the Electric Reliability Council of Texas says a combination of low temperatures, low wind and high demand nearly caused blackouts in the state on Jan. 6, noting the wholesale price for electricity that day hit the regulatory cap of $5,000 per megawatt hour for the first time, FuelFix reports.
The Ohio Department of Natural Resources ordered Hilcorp Energy Co. to stop drilling operations near Youngstown after three minor earthquakes were felt in the area Monday morning, The Vindicator reports.
Electricity entering California's grid that was generated from solar power hit a high of 4,093 megawatts on Saturday, setting a record for a second day in a row, according to the state's ISO, Reuters reports.
The U.S. Chemical Safety Board said it intends to investigate an incident Monday at a Tesoro Corp. refinery in northern Calif., where two contract workers received hospital treatment for acid burns, the second time in less than a month that has happened, the San Francisco Chronicle reports.
The European Union moved to suspend talks with Russia on plans to move ahead with completion of the South Stream natural gas pipeline and a plan to boost supplies flowing through the Nord Stream pipeline, Reuters reports.