More Wall Street funding heading toward renewables

The Wall Street Journal

A new analysis from Bloomberg New Energy Finance says investors have warmed to green energy, putting billions into renewable energy companies and environmentally sound projects, The Wall Street Journal reports.

Solar panel prices on the rise in Europe, consultancy says


Reversing a long trend of annual decline, solar panel prices are on the rise in Europe, the top market for the renewable technology, with consultancy pvXchange noting a 6 percent uptick this year, Forbes reports.


BLM slammed for leaving taxpayers vulnerable on wind, solar projects

The Bureau of Land Management is under fire for its management of wind and solar projects on federal lands after an audit by Congress’s watchdog arm revealed the agency is struggling to keep track of bonding for reclamation, leaving taxpayers on the hook if projects go under.

The Government Accountability Office found that BLM’s systems for keeping track of the reclamation bonds it collects for rights-of-way, or authorization to use a parcel of federal land, were inadequate. The report also found the agency wasn’t adhering to standards to periodically review bond amounts.

Saudi Arabia gearing up for plunge into solar

The Atlantic

Two energy giants in Saudi Arabia –- oil company Aramco and the Saudi Electricity Company -– are jointly planning to break ground on 10 solar projects in the country in 2016, The Atlantic reports.

NRG Yield spends $285M on SoCal solar farm


NRG Energy’s yieldco spinoff is buying GE Financial Services’ 25 percent interest in the Desert Sunlight Solar Farm in California, FuelFix reports.

Florida officials ask state’s high court to block solar initiative

Bay News 9

Florida officials, utilities and businesses, in a move spearheaded by Attorney General Pam Bondi, is asking the state supreme court to block a ballot initiative that would allow businesses with solar panels to sell off their excess power, Bay News 9 reports.

SolarCity to spend $200M on Minnesota solar gardens


The first investment in Minnesota by solar giant SolarCity will be $200 million to build 100 community solar gardens, the StarTribune reports.

Xcel Energy runs into roadblock for its ND solar plans

The Bismarck Tribune

The North Dakota Public Service Commission has unanimously rejected an application from Xcel Energy to recover from the state's ratepayers some of the cost of solar projects required to help utility meet a renewable energy mandate in neighboring Minnesota, The Bismarck Tribune reports.

Hiccups holding back solar thermal plants

The Wall Street Journal

Giant solar facilities that use mirrors and steam to generate power – like BrightSource Energy’s Ivanpah project operated by NRG Energy in Southern California -- have been falling far short of their projections for generating electricity, in part because of technical problems, The Wall Street Journal reports.

Phoenix closer to renewable target with new solar plant

The Arizona Republic

The Desert Star Solar Plant, unveiled Wednesday, will move Phoenix closer to its target of generating 15 percent of its power needs from renewable energy by 2025, The Arizona Republic reports.


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