Renewable Energy

Nissan raises profit forecast after sales grow in US, Europe

TOKYO (AP) — Nissan raised its earnings forecast for the fiscal year after reporting a nearly 21 percent jump in quarterly profit as a cheap yen amplified strong overseas sales.

The Japanese automaker said Monday that sales were strong in the U.S. and Europe and the cheap yen boosted overseas revenue, offsetting a decline in its home market.

Two energy-related offerings among IPOs to debut next week

NEW YORK (AP) — Two companies with links to the energy industry are among initial public offerings planned for the week of February 9. Sources include IPO ETF manager Renaissance Capital, and SEC filings.

Arowana Inc. - North Sydney, Australia. Offering consists of 6 million units, each consisting of one ordinary share, one right, and one warrant, priced at $10 each, managed by EarlyBird, Capital. Proposed Nasdaq Capital Market symbol ARWAU. Business: Australian blank check company focused on the energy and education industries.

Sol-Wind Renewable Power LP - New York. Offering consists of 8.7 million common units, priced $19 to $21, managed by UBS, Citigroup, and Wells Fargo. Proposed NYSE symbol SLWD. Business: LP formed to own, acquire, invest in and manage operating solar and wind power generation assets.

Mercedes Smart car ranked as cleanest vehicle

Los Angeles Times

The electric Mercedes Smart Car for Two has received the highest green score ever awarded by the American Council for an Energy-Efficient Economy, which also praised Chevy’s Spark EV and Fiat’s 500E in its annual rankings, while slamming gas guzzlers made by Dodge and Chevy, the Los Angeles Times reports.

Energy landscape changed with renewable surge: Report

The Washington Post

The U.S. has invested nearly $400 billion in clean energy since 2007, energy productivity is improving and the country is getting more of its power from renewables, says a report from Bloomberg New Energy Finance and The Business Council for Sustainable Energy, according to The Washington Post.

Tech updates aiding solar-grid integration in Hawaii

Pacific Business News

Enphase Energy Inc. says it has upgraded around 800,000 smart microinverters installed on rooftop solar units in Hawaii, an operation it says can be performed remotely and is important to better integrating the power generated by the panels into Hawaiian Electric’s grid, Pacific Business News reports.

Toyota raises forecast after quarterly profit up on weak yen

TOKYO (AP) — Toyota Motor Corp., the world's No. 1 automaker, raised its earnings forecast Wednesday after third quarter profit jumped 14 percent, boosted by a weak yen.

Toyota reported a better-than-expected 600 billion yen ($5.1 billion) profit for the three months through December. Quarterly sales of 7.17 trillion yen ($61 billion) were up 9 percent year-on-year.

Energizer debuts recycled AA and AAA batteries

ST. LOUIS (AP) — Billions of discarded household batteries make their way into landfills every year and now one of the nation's largest battery makers says it is putting some of them to good use.

Suburban St. Louis-based Energizer Holdings on Tuesday introduced Energizer EcoAdvanced, described as the first disposable AA and AAA alkaline batteries made with recycled batteries.

MillerCoors SoCal brewery getting solar boost

San Gabriel Valley Tribune

Solar panels that began operating last week at the MillerCoors brewery in Irwindale, California will provide between 7 and 40 percent of the power needed to run the facility, the San Gabriel Valley Tribune reports – enough energy to produce 7 million cases of beer annually.

BLM: No problems with 1st study on Wyoming wind farm

The Associated Press

The Bureau of Land Management hasn’t raised any red flags yet for the Power Company of Wyoming’s proposed $5 billion Chokecherry and Sierra Madre wind farm, as its first study of the impact of the plans – looking at some road and rail facilities and an accompanying rock quarry – found no problems, The Associated Press reports.

Burlington goes fully renewable

PBS NewsHour

Burlington, Vermont has hit a clean energy milestone, becoming the first city in the country to supply its residents with electricity from 100 percent renewable sources, PBS NewsHour reports.


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