Renewable Energy

Office of Sen. Rob Portman

Senate efficiency bill won't have Keystone language at start

The effort by a bipartisan pair of senators to try again to pass energy efficiency legislation got a boost Tuesday, when a leading advocate for the Keystone XL pipeline said he won't try to use the bill to push language favoring the controversial project. 

Sen. John Hoeven, R-N.D., told reporters he does not want to use the measure to seek a Senate vote on the proposed $5.4 billion oil sands pipeline, even as it potentially faces months of additional delays over a court ruling in Nebraska.

Consumer Reports names Tesla Model S its top pick

DETROIT (AP) — The Tesla Model S electric sedan is Consumer Reports' top pick in this year's automotive rankings.

The magazine cited the Model S's sporty performance and technological innovations, including its 225-mile range. But it acknowledged that the car is expensive. Consumer Reports paid $89,650 for the Model S it tested.

For less than a third of that price, the Toyota Prius hybrid got the nod as Consumer Reports' top green car. The magazine also cited strong fuel economy in naming the Honda Accord as the top midsize car and the BMW328i as the best sports sedan.

Windpower boom to sweep Texas to become world's 5th largest producer

Source: 
E&E

With new transmission lines coming into service, a wind power boom is sweeping Texas, which could see 16,000 MW moving to the state's population centers by 2016, E&E reports.

Sunrun scrambling to catch SolarCity, grab share of untapped market

Source: 
The Wall Street Journal

Gathering capital to help it tap into a market of massive potential, Sunrun is getting help from Goldman Sachs to raise $100 million as it chases rival SolarCity, The Wall Street Journal reports.

Analyst doubles price target, boosts Tesla shares

NEW YORK (AP) — Shares of Tesla Motors Inc. surged Tuesday after a Wall Street analyst told investors that Tesla could shake up the electric utility sector as well as the auto industry.

Analyst Adam Jonas of Morgan Stanley wrote in a note to investors that Tesla could nearly double its share of the global car market by 2028. And it also could create another lucrative business by building battery packs for energy storage. He doubled his target price for Tesla stock to $320 per share from $153.

Tesla shares rose $30.35 to $248.

China climbs in renewable energy ranking, nears US

Source: 
Bloomberg

China is climbing in EY's global renewable energy ranking after record solar installations last year, and is closing in on the U.S. position at the top, Bloomberg reports.

Hydrogen-powered cars coming

Source: 
The Wall Street Journal

Automakers including Hyundai and Toyota plan to bring hydrogen-powered cars to California and Europe to get emissions credits, but purchasers will face the challenge of where to fuel them, The Wall Street Journal reports.

Electric bicycles hitting US market

Source: 
E&E

More electric bicycles will be on sale in the U.S., and one start-up peddling them hopes to create a new, cooler image that will increase their popularity, E&E reports.

Fisker owes creditors nearly $1B: Court filing

Source: 
The News Journal

More than 600 claims have been made against Fisker Automotive, for more than $985 million, according to a filing made in bankruptcy court in Delaware, The News Journal reports.

BASF betting on electric car batteries

Source: 
Bloomberg

German chemical giant BASF has targeted the market for electric car batteries for growth, despite highly publicized problems with them, Bloomberg reports.

Pages

Subscribe to Renewable Energy