With enough companies interested in building wind farms off New Jersey's coast, the Interior Department is preparing to offer leases for nearly 344,000 acres in an offshore area that could generate 3,400 megawatts and power about 1.2 million homes.
The Bureau of Ocean Energy Management's move is the third such recent announcement by the government, which has already made clear its intention to sell wind leases off the coasts of Massachusetts and Maryland.
A National Journal report details the growth of clean-energy-financing banks in several states, with a special focus on New York's efforts to bolster clean energy markets in an attempt to decrease prices.
TerraForm Power, a solar-plant-operating subsidiary of SunEdison, raised $500 million in an initial public offering, marking another step in SunEdison's successful turnaround from struggles two years ago, The New York Times reports.
California leads the U.S. in green energy at the state and local level for a fifth straight year, according to the 2014 calculations for the Clean Tech Leadership Index released this week. San Francisco and San Jose kept their positions as the country’s top two greenest cities.
The index is compiled annually by Clean Edge, a research firm analyzing the clean technology sector.
TOKYO (AP) — Rocket science long dismissed as too impractical and expensive for everyday cars is getting a push into the mainstream by Toyota, the world's top-selling automaker.
Buoyed by its success with electric-gasoline hybrid vehicles, Toyota is betting that drivers will embrace hydrogen fuel cells, an even cleaner technology that runs on the energy created by an electrochemical reaction when oxygen in the air combines with hydrogen stored as fuel.
Three years ago, China launched a plan to build 5,000 megawatts of offshore wind capacity within four years, but officials are calling the goal unattainable with less than 10 percent of capacity installed, Bloomberg reports.
Tesla Motors Inc. is considering building a large battery plant in California as state legislators proposed a set of tax breaks and regulatory incentives to woo the electric vehicle maker, The Wall Street Journal reports.
The Court of Appeals for the District of Columbia Circuit remanded a case brought by China's Ralls Corp. against the Obama administration to a district court, arguing President Obama violated the company's due process when he moved to stop an Oregon wind farm project on national security grounds without supplying adequate evidence, E&E reports.
A meeting of Eastern Canadian premiers and New England governors in Bretton Woods, New Hampshire featured renewable energy expansion as a central issue, with participating states and provinces making agreements to collaborate on expanding supplies while managing costs, The Associated Press reports.
The power substation in San Jose where a sniper attack last year raised concern about the security of the country’s grid has been breached again, according to Pacific Gas and Electric, which said thieves cut through a fence and stole some equipment, The New York Times reports.
A corn ethanol plant at the Port of Indiana-Mount Vernon, which Valero Energy Corp. bought in March, has restarted, FuelFix reports. It is expected to boost the company’s output to 1.3 billion gallons a year, making Valero the country’s third-largest ethanol producer.
Oil looks set to finish out the week higher in the wake of another positive piece of data on the U.S. economy, news of an unexpected rise in consumer confidence. West Texas Intermediate crude for October delivery was up 66 cents to $95.21 a barrel on the Nymex, while in London Brent crude settled 35 cents higher to $102.81, Bloomberg reports.
Fighting in Tripoli may have been escalating, but in the east of Libya, the key oil port of Es Sider is once again getting a flow of crude from oilfields after exports there resumed last week following a one-year hiatus, an official told The Wall Street Journal.
Sen. Mary Landrieu, D-La., listed her parents’ home in New Orleans as her address in filing last week to qualify for the ballot in Louisiana, prompting some critics to question her residency status, The Washington Post reports.
Clean Air Act violations for the release of phosgene, methyl chloride and oleum at a West Virginia facility between 2006 and 2010 will cost DuPont $1.3 million in fines, the Environmental Protection Agency and the Justice Department said in announcing a settlement, The Hill reports.
A project to build a big $25 billion water tunnel system in Northern California poses water quality problems to the Sacramento-San Joaquin River Delta and a possible threat to smelt and salmon, the Environmental Protection Agency said in a letter accompanying comments posted online, the Los Angeles Times reports.