Renewable Energy

Firm seeks Vt. power line under Lake Champlain

MONTPELIER, Vt. (AP) — A New York company announced Thursday it hopes to build a 150-mile power line from the Canadian border under Lake Champlain and then across Vermont to the town of Ludlow where it would connect to the New England electric grid.

Daimler to boost cooperation with Tesla

Source: 
Bloomberg

Daimler AG is planning to expand cooperation with Tesla Motors Inc. in an effort to catch up with BMW's lead in luxury vehicle sales, Bloomberg reports.

Wind industry sees decline in growth this year

Source: 
Bloomberg

The American Wind Energy Association said new wind farm construction and connections to the power grid have declined in 2013 with the wind Production Tax Credit set to expire at the end of the year, Bloomberg reports.

Solar industry makes economic comeback on higher demand

Source: 
Bloomberg

After values dropped 87 percent from a February 2011 to November 2012, solar industry manufacturers on the BI Global Solar Energy Index have recovered 55 percent of their lost value in a year as demand surged, Bloomberg reports.

Solar giant Suntech poised for cash infusion

BEIJING (AP) — China's troubled solar panel maker Suntech Power Holdings Ltd. said it was in line to receive a $150 million investment from a company controlled by its hometown government as it restructures following a debt default.

SunPower to boost capacity after strong third quarter

Source: 
Bloomberg

After posting higher profits in the third quarter on stronger demand, SunPower Corp., the second-largest solar panel producer in the U.S., said it would boost its manufacturing capacity by more than 25 percent, Bloomberg reports

Panasonic, Tesla sign deal to expand cell supply

PALO ALTO, California (AP) — Electric car maker Tesla Motors has signed a deal with Japan's Panasonic Corp. to expand its supply of battery cells.

Vermont pressed to increase renewable energy production

Source: 
Vermont Public Radio

Renewable energy businesses are pressing Vermont to meet 20 percent of its energy needs by 2020 from sustainable sources, Vermont Public Radio reports.

House Natural Resources subcommittee hearing on hydropower storage

Washington, October 29, 2013, 2:00 pm

House Natural Resources Water and Power Subcommittee hearing, "A Roadmap for Increasing our Water and Hydropower Supplies: The Need for New or Expanded Multi-Purpose Surface Storage Facilities." Washington State Department of Ecology Office of Columbia River Director Derek Sandison among witnesses. 

Japanese floating wind turbine produces initial power

Source: 
Bloomberg

A floating offshore wind turbine pilot project owned by Toda Corp. started generating power off the southwestern coast of Japan today, Bloomberg reports.

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