Standard & Poor's has given a rating to SolarCity's first bond offering, marking the first attempt for a solar company to sell notes backed by solar power payments in the U.S., The New York Times reports.
PHOENIX (AP) — Arizona regulators on Thursday voted to adopt a roughly $5 monthly fee for customers of the state's largest utility who install rooftop solar panels in a move that had the solar industry declaring victory over what it saw as an effort to topple its business.
PHOENIX (AP) — Arizona is in the midst of what seems like an intense election-year campaign: millions of dollars in spending, a barrage of negative TV ads and large amounts of outside money. The issue, however, has nothing to do with taxes, a hot-button policy or anything on the ballot.
An alliance between tea party groups and environmentalists that started in Georgia with a campaign against utilities' opposition to solar energy has spread to Arizona and North Carolina, Bloomberg reports.
According to Interstate Renewable Energy Council data, Illinois has installed about 9 megawatts of small rooftop solar generation, despite a 2011 law aimed to spur development and generate 18.4 megawatts by June 2014, the Chicago Tribune reports.
Energy lawyer Jerry Bloom projected that California would exceed its 2020 renewable energy targets as companies boost investments in large projects and citizens embrace rooftop solar arrays, Bloomberg reports.
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.
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.
The problems in Ukraine are unlikely to trigger faster action by the Obama administration on natural gas exports, a White House spokesman appeared to indicate Friday, as he noted that supplies in Europe are at higher-than-normal levels because of the mild winter there, according to Reuters.
Public Service Enterprise Group plans to spend $12 billion over five years on capital projects to improve reliability, hoping to increase the earnings of its utility business, The Wall Street Journal reports.
Weather-related rail bottlenecks in Chicago are causing higher prices and lower supplies of ethanol on the East coast, while Midwest plants are cutting production because of a shortage of rail cars, an industry representative told a U.S. Surface Transportation Board panel, Platts reports.
Investors will challenge corporations during the upcoming proxy season to make more environmental commitments, according to nonprofit Ceres, which has compiled a list of resolutions up for votes, E&E reports.
Saying President Obama's proposed "climate resilience fund" will help communities prepare better for severe weather might win it bipartisan support, according to Sen. Brian Schatz, D-Hawaii, National Journal reports.