Renewable Energy

Lockheed, Ocean Power join on wave-energy project

Source: 
Bloomberg

Lockheed Martin Corp. and Ocean Power Technologies will jointly develop a 62.5-megawatt wave-energy project off the coast of Australia, expected to be the world's largest, Bloomberg reports.

Tesla reaches all-time high as it eyes entry into Chinese market

Source: 
Bloomberg

Tesla Motors Inc. hit its all-time stock market high on Monday as the electric-car  maker looks to qualify for some subsidies under China's new policy to encourage electric-vehicle use, Bloomberg reports.

US trade protest over India solar energy program

WASHINGTON (AP) — The U.S. brought a trade complaint against India Monday over a solar energy program it says discriminates against American manufacturers, adding another wrinkle to a bilateral relationship strained by the recent arrest and strip-search of an Indian diplomat.

It is the second time in a year that Washington has requested dispute settlement consultations with India over the program that it contends violates World Trade Organization rules by requiring suppliers use Indian-manufactured solar cells and modules.

U.S. officials say the trade case was in the works long before the December arrest of India's deputy consul general in New York, Devyani Khobragade, who was accused of visa fraud and under-paying her maid. In a compromise, Khobragade was indicted then deported in January, and both governments say they want to repair the relationship.

States look into green banks to limit setbacks of clean energy projects

Source: 
E&E

Following the example set by New York and Connecticut, several states are looking into working with banks dedicated to financing clean energy projects in an effort to limit some of the potential financial risks associated with clean energy investment, E&E reports.

Chile: regulator lifts Bocamina I plant suspension

SANTIAGO, Chile (AP) — Chile's environmental regulator is lifting a suspension on the Bocamina I thermoelectric plant.

The agency said Friday that the 128-megawatt coal-fired plant owned by Endesa Chile can resume operations.

The regulator had issued a temporary halt on Jan. 28 after local fishermen complained that the plant's water-cooling system polluted the ocean and hurt marine life.

Branson gets clean energy commitments in Caribbean

MOSKITO ISLAND, British Virgin Islands (AP) — British billionaire Richard Branson says several small Caribbean islands have committed to working with his renewable energy nonprofit.

Branson made the announcement on the last day of a three-day meeting of political and business leaders on his private isle in the British Virgin Islands.

The CEO and founder of the Virgin Group of companies says "it's time for governments to cut through all the red tape" and slash their dependence on fossil fuels.

Sierra Club, BlueGreen Alliance, labor groups issue green jobs report

Washington, February 7, 2014, 11:00 am

Sierra Club Executive Director Michael Brune, BlueGreen Alliance Executive Director David Foster, labor unions hold media teleconference to unveil green jobs report and platform. 

Chinese-backed firms prepare for bidding war for Fisker patents

Source: 
Bloomberg

Chinese-backed firms Wanxiang Group and Hybrid Tech Holdings are preparing for an auction next week for the assets of bankrupt electric-car manufacturer Fisker Automotive, including its 18 patents, Bloomberg reports.

Tesla surges into top five brands in vehicle ranking

Source: 
Bloomberg

An annual Consumer Reports survey ranked electric-vehicle maker Tesla Motors Inc. as the fifth top vehicle brand among customers, up from its 11th-place ranking last year, Bloomberg reports.

Germany wind power transmission line project faces headwinds

Source: 
The New York Times

The proposed 500-mile SuedLink transmission line proposal in Germany is to connect wind turbines in the north to southern users, but developers must overcome opposition along the route, The New York Times reports.

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