Solar energy company SunEdison is adding some wind-fueled power to its business with a deal worth up to $2.4 billion.
The St. Peters, Missouri-based company and its publicly traded subsidiary, TerraForm Power, said Monday that they are buying First Wind for $1.9 billion now and $510 million in payments if First Wind completes certain projects.
WASHINGTON (AP) — A company that operates at least 13 wind-energy facilities across three states is suing in federal court to block the U.S. government from releasing information to The Associated Press about how many birds are found dead at its facilities.
Pacificorp of Portland, Oregon, is seeking an injunction in U.S. District Court in Utah to prevent the Interior Department from releasing information it considers confidential. The Obama administration has said it planned to turn over the material to The Associated Press, which sought it from the Interior Department in March 2013 under the U.S. Freedom of Information Act. The government concluded that the industry's concerns were "insufficiently convincing" to keep the files secret.
Already a big wind farm operator, Warren Buffett could push his investment into renewables up to $30 billion as he continues pouring more money and looking for more acquisitions for Berkshire Hathaway Energy, The Wall Street Journal reports.
With 419 megawatts added to U.S. wind power capacity in the 3rd quarter, installations in the first nine months of 2014 – totalling 1,254 megawatts -- have surpassed what came on line in all of the year before, according to the American Wind Energy Association, Bloomberg reports.
The head of the Internal Revenue Service has called on Congress to take up or abandon a package of tax break extensions and renewals by the end of November to avoid slowing tax refunds next year.
In a letter dated Monday to the chairmen and ranking members on the Senate and House tax-writing committees, Commissioner John A. Koskinen said a decision must be made by then to avoid "serious problems" for IRS and for filers.
While he did not call for passage of legislation, Koskinen's letter gives backers of the tax "extenders" bill pending in the Senate a new argument to use in calling a fast vote when lawmakers return to Washington next month.
CALUMET, Okla. (AP) — A decade ago, states offered wind-energy developers an open-armed embrace, envisioning a bright future for an industry that would offer cheap electricity, new jobs and steady income for large landowners, especially in rural areas with few other economic prospects.
To ensure the opportunity didn't slip away, lawmakers promised little or no regulation and generous tax breaks.
Dismissing a story in Canadian media that a decision on the Keystone XL pipeline is imminent, White House spokesman Josh Earnest said the State Department is still reviewing the proposed project, The Hill reports.
Environmentalists plan to protest the Obama administration approval of drilling in Arctic waters when the president visits Alaska, while the state’s governor and others plan to push for more oil and gas production, National Journal reports.
Despite New Orleans’ recovery from Hurricane Katrina – hailed by President Obama in a visit Thursday – the federal government is still falling short when it comes to improving flood defenses, according to an analysis from the Georgetown Climate Center, E&E reports.
Oil was rising again Friday after prices a day earlier racked up the biggest single day increase since March, 2009. U.S. benchmark crude for October delivery was up $1.56 to $44.12 a barrel on the Nymex, while in London Brent jumped $1.18 to $48.74, The Wall Street Journal reports.
Seeo – a California-based developer of electric car batteries that holds a licence for patents from the Lawrence Berkeley National Laboratory – has been acquired by international car parts company Robert Bosch, Reuters reports.
An analysis prepared for the New England Coalition for Affordable Energy -– which was funded by the American Petroleum Institute and America’s Natural Gas Alliance -– found that New England could end up paying $5.4 billion more for energy if the region fails to upgrade its infrastructure, the New Haven Register reports.
Hercules Offshore didn’t appeal a move by Nasdaq to have its stock deslisted from the exchange in the wake of its Chapter 11 filing, so the company stock – trading for 7 cents a share Thursday afternoon – is now handled in the over-the-counter market, FuelFix reports.
In the heart of Colorado’s drilling boom, Weld County saw the highest rate of job growth in the country even though the state adopted air pollution rules seen as a precursor to those under consideration at the Environmental Protection Agency, E&E reports.