Renewable Energy

Buffett ramping up push into renewables

Source: 
The Wall Street Journal

Already a big wind farm operator, Warren Buffett could push his investment into renewables up to $30 billion as he continues pouring more money and looking for more acquisitions for Berkshire Hathaway Energy, The Wall Street Journal reports.

Imperial Valley: Opponents of renewable energy plan speak out

Source: 
The Desert Sun

Opponents of the Desert Renewable Energy Conservation Plan told a public meeting this week that it could hurt the agriculture industry in the Imperial Valley, The Desert Sun reports.

New job benefit: Cheaper solar installations

Source: 
The New York Times

Four major corporations announced Wednesday they will offer employees discounts on buying or leasing home solar systems through Geostellar, in what's called the Solar Community Initiative program, The New York Times reports.

Mass. on top, ND bottom of state energy efficiency scorecard

Source: 
U.S. News & World Report

Three states in New England and two on the West Coast headed the list when it came to energy efficiency in 2014, while North Dakota, home to the Bakken shale, brought up the rear, in a survey published Wednesday by the American Council for an Energy-Efficient Economy, according to U.S. News & World Report.

Michigan: Snyder inks bill barring Tesla direct sales

Source: 
The Washington Post

Saying the bill had strong support from lawmakers and merely reinforces existing measures, Michigan Gov. Rick Snyder Tuesday signed legislation backing the power of auto dealers and preventing Tesla Motors from selling directly to consumers, The Washington Post reports.

Daimler sells stake in Tesla for $780 million

Daimler AG says it has sold its 4 percent stake in electric car maker Tesla for $780 million.

The buyer was not disclosed.

The Germany-based parent of Mercedes-Benz says its partnership with Tesla Motors Inc. is unaffected. Tesla made the battery packs and chargers for the two-seat electric Smart and developed part of the electric drive system in the B-Class Electric Drive.

Chinese firm LDK Solar files for bankruptcy in US

Source: 
Bloomberg Businessweek

Earlier this year LDK Solar defaulted on its bonds in China, now the maker of photovoltaic products has filed for bankruptcy in the U.S. to aid its restructuring, Bloomberg Businessweek reports.

Tax credit expiration to fuel more solar deals, analyst predicts

Source: 
Bloomberg

The reduction in the federal investment tax credit that’s due to take effect at the end of 2016 will drive a wave of consolidation that will leave six to 12 major players in the solar industry, an analyst predicted at the start of the Solar Power International conference in Las Vegas, Bloomberg reports.

More wind projects added in 2014: AWEA

Source: 
Bloomberg

With 419 megawatts added to U.S. wind power capacity in the 3rd quarter, installations in the first nine months of 2014 – totalling 1,254 megawatts -- have surpassed what came on line in all of the year before, according to the American Wind Energy Association, Bloomberg reports.

Citing illness, CEO of France's Areva steps down

PARIS (AP) — The CEO of French nuclear manufacturer Areva is stepping down, saying an unspecified illness has left him unable to do the work.

Monday's statement from Areva says Luc Oursel recently notified the French government of his decision to take a leave of absence "in order to pursue treatment."

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