Southern California Edison and other California utilities companies argued that a requirement from the state to purchase solar-powered electricity ultimately costs consumers that don't use solar technology an additional $1.3 billion, Bloomberg reports.
The Treasury Department's inspector general has subpoenaed financial records from SolarCity, SunRun and Sungevity to explain $500 million in public money the firms brought in. The probe looks to see if the companies accurately reported their costs when applying for the federal money, The Washington Post reports.
A group including Royal Dutch Shell has invested $26 million in GlassPoint Solar, which will build the first solar plant in the Middle East designed to draw heavy crude oil from old oil fields, Bloomberg reports.
ABU DHABI, United Arab Emirates (AP) — Covering nearly 300 football fields in a remote patch of desert, the Shams 1 solar project carries of plenty of symbolic significance for the United Arab Emirates.
A report from the Department of Energy's Lawrence Berkeley National Laboratory shows the average cost of switching to solar energy decreased significantly in 2011 and the first half of 2012, according to a Solar Energy Industries Association press release.
Sen. Lamar Alexander, R-Tenn., pledged to push a vote to complete the Yucca Mountain nuclear waste facility in Nevada if Senate Majority Leader Harry Reid, D-Nev., moves to limit filibusters, Roll Call reports.