Renewable Energy

BOEM

Next offshore wind leases planned for New Jersey

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 look at the growth of state green energy banks

Source: 
National Journal

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 raises $500M from IPO

Source: 
The New York Times

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.

Mhassan Abdollahi

California remains top green energy state, but New England gains

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.

After hybrid success, Toyota gambles on fuel cell

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.

China falling behind on offshore wind farm schedule

Source: 
Bloomberg

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.

Musk announces cheaper Tesla model for 2017

Source: 
Auto Express

Tesla Motors Inc. CEO Elon Musk told Auto Express that he plans to introduce the Model 3 sedan in 2017 to challenge the BMW 3 Series, a vehicle that would have a retail price near $35,000.

Awaiting incentives, Tesla eyes California for battery plant

Source: 
The Wall Street Journal

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.

Appeals court sides with Chinese firm on wind farm project

Source: 
E&E

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.

Meeting of Canadian, New England leaders emphasizes clean energy

Source: 
The Associated Press

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.

Pages

Subscribe to Renewable Energy