Vestas is reporting an increase in the aggregate capacity of the wind turbines it produced and delivered in the third quarter, compared to the period a year ago, and says its order backlog is up to nearly 9 gigawatts, worth up to $9 billion, Platts reports.
A court has sided with environmentalists and thrown out the Bureau of Land Management's approval for Nevada’s Searchlight Wind Energy Project, ruling the agency didn’t properly evaluate the threat the turbines would pose to tortoises and golden eagles in the Mojave Desert, E&E reports.
DETROIT (AP) — Tesla Motors' net loss more than tripled in the third quarter as expenses and research costs rose, but investors cheered news that the company expects to meet or exceed its production targets this year.
The Palo Alto, California-based electric car maker said it expects to produce between 50,000 and 52,000 vehicles this year. That's lower than the target of 55,000 it set earlier this year, but meets an updated forecast the company provided in August. Tesla shares rose almost 10 percent in after-hours trading.
Turbines blamed by environmentalists for the deaths of raptors on Altamont Pass will be replaced by Altamont Winds Inc., under a proposal that could be approved by a local planning board Nov. 19, the San Francisco Chronicle reports.
In comments filed with the North Carolina Utilities Commission, Duke Energy is charging that advocacy group NC WARN is breaking the law by selling solar power to a Greensboro church, and urges the regulator to fine the group up to $1,000 a day, the Charlotte Business Journal reports.
Hywind, a pilot project of five wind turbines off the northeastern coast of Scotland to be operated by Norway’s Statoil, has gotten government approval and construction could begin early in 2016, BBC News reports.
Having earlier said it would invest $40 billion in clean energy by 2012, Goldman Sachs now says it intends to nearly quadruple that and pour $150 billion into solar and wind power, energy efficiency projects and grid upgrades by 2025, Fortune reports.
Ray Brady, who led the Bureau of Land Management's National Renewable Energy Coordination Office to approve 57 commercial renewable energy projects on western lands since 2009, officially retired on Friday, E&E reports.
A market-based approach for cutting vehicles’ greenhouse gas emissions—which could include mileage-based driver fees or emissions trading—is the goal as Connecticut, Delaware, New York, Rhode Island, Vermont, and the District of Columbia announced an agreement to work together on the issue, Reuters reports.
The last group of creditors has signed onto the Chapter 11 bankruptcy plan from Energy Future Holdings, and the company plans to lay out the settlement plan before a federal judge Wednesday, Reuters reports.
The Carbon Tracker Initiative warned Tuesday that fossil fuel companies could face $2.2 trillion in stranded assets over the next decade if policy changes fueled by climate change fears make their planned oil and natural gas projects uneconomic, Platts reports.
Oil prices jumped more than 2.5 percent Tuesday on fears that escalating Middle East tensions—after Turkey shot down a Russian warplane—would disrupt supplies. U.S. benchmark crude for January delivery gained $1.12, or 2.7 percent, to settle at $42.87 on the Nymex, while in London, Brent was $1.29 higher to $46.12, The Wall Street Journal reports.
The paperwork for the Northeast Energy Direct project—Kinder Morgan's $5 billion pipeline to move natural gas from the Marcellus Shale to the Northeast—has advanced from pre-filing to full application status at the Federal Energy Regulatory Commission, E&E reports.
The U.S. Chamber of Commerce and other industry groups warn that if the 9th Circuit Court of Appeals doesn't overturn the ruling last December that Teck Metals may be responsible for the cost of cleaning up contamination drifting from its smelter in British Columbia, it could cause “massive liability,” E&E reports.
The Interior Department’s decision to include North Myrtle Beach in studies to determine whether wind leases should be sold off the South Carolina coast has the head of the local Chamber of Commerce excited, The State reports.
Eighty-eight House members, nearly all Republicans, are asking Appropriations Committee Chairman Hal Rogers, R-Ky, to make defunding the Environmental Protection Agency’s new water rule a top priority, The Hill reports.