Standard & Poor's has given a rating to SolarCity's first bond offering, marking the first attempt for a solar company to sell notes backed by solar power payments in the U.S., The New York Times reports.
President Barack Obama has named another former colleague of Energy Secretary Ernest Moniz to join his leadership team at the Energy Department.
The White House said late Thursday that Obama will nominate Marc Kastner to become director of the department science office. He is currently the dean of the Massachusetts Institute of Technology School of Science.
Obama also moved to fill another top department science position by nominating Stanford University petroleum engineering professor Franklin "Lynn" Orr to become the department's under secretary for science and energy, the White House said.
PHOENIX (AP) — Arizona regulators on Thursday voted to adopt a roughly $5 monthly fee for customers of the state's largest utility who install rooftop solar panels in a move that had the solar industry declaring victory over what it saw as an effort to topple its business.
At the White House Tribal Nations Conference, Energy Secretary Ernest Moniz announced the department will invest $7 million in nine renewable energy projects on American Indian and Alaska Native lands, Electric Light and Power reports.
The budget proposal introduced by Rep. Paul Ryan, R-Wis., and Sen. Patty Murray, D-Wash., includes a provision to approve an agreement between the U.S. and Mexico to cooperate on offshore drilling along their maritime border, The Hill reports.
The American Petroleum Institute and the American Fuel and Petrochemical Manufacturers filed a legal brief against the Environmental Protection Agency in their lawsuit against the agency, alleging it has ignored several legal deadlines, The Hill reports.
Mississippi utility regulators rejected a proposal to merge Entergy Corp. and ITC Holdings Corp., arguing the deal could boost electricity rates by $300 million over the next three decades, The Associated Press reports.
Supporters of the Keystone XL pipeline worry that the naming of project opponent John Podesta as an energy and climate adviser to President Obama could impact a final approval decision, National Journal reports.
OPEC's crude oil production fell below its 30 million barrel-a-day ceiling in November as Saudi Arabia cut output, resulting in the organization's lowest production level since May 2011, Bloomberg reports.
The European Parliament approved a plan aimed at addressing an oversupply of permits in the European Union's carbon market by delaying the allotment of one-third of new permits over the next three years, The New York Times reports.
The Regional Greenhouse Gas Initiative, an organization of nine Northeast states cooperating on emissions reduction, moved to lower the existing cap for greenhouse gas emissions from power plants for next year, The Associated Press reports.