The US Environmental Protection Agency has awarded leadership awards to 16 “Green Power Partners” including technology giants Apple, Cisco Systems and Intel and investment bank Goldman Sachs, for achievements in expanding the domestic renewable energy market.
The battle got even uglier over a proposed amendment to Florida’s constitution that would impede rooftop solar, after a leaked audio recording highlighted what many see as the underhanded strategy of the state’s power utilities to block the sector’s development.
20 October 2016 05:18 GMT
European policymakers must put in place industry-changing measures to overhaul continental electricity markets or face the possibility of curtailing renewable energy output and driving up CO2 emissions by 10%, a new EU-funded study has found.
20 October 2016 02:34 GMT
E.ON has secured an off-take agreement with US healthcare-products giant Johnson & Johnson for half the output from its 200MW Colbeck’s Corner wind farm in Texas, as the German energy group intensifies its focus on the US market.
20 October 2016 01:33 GMT
Fitch Ratings has warned that oil companies not diversified into renewables could struggle to access capital as the advance of battery technologies and the rise of electric vehicles (EVs) curbs global demand for oil.
19 October 2016 06:33 GMT
The first community solar project built under New York’s “Shared Renewables” initiative has been commissioned in the state’s Southern Tier region, pointing the way towards a new market for PV that many experts believe could grow rapidly in the coming years.
18 October 2016 05:47 GMT
Britain’s National Audit Office (NAO) has sharply criticised the former Department of Energy and Climate Change for allowing the Levy Control Framework (LCF) cap to be exceeded, mainly due to excessively high offshore wind costs.
18 October 2016 04:04 GMT
The New Development Bank (NDB), created in 2014 by the Brics group (Brazil, Russia, India, China and South Africa) could have an important role in guaranteeing the $177bn yearly investments the group would need to meet self-declared renewable energy targets over the next ten to 20 years, says a new report.
18 October 2016 03:45 GMT
Suntech today became the latest Chinese solar manufacturer to walk away from a voluntary pricing deal with the EU, as a European lobbying group accused China’s PV majors of growing “desperation” in the face of huge overcapacity at home.
18 October 2016 12:57 GMT
Wind power is gearing up to be the main engine for the global power sector's growth, with expectations it will supply as much as 20% of world's electricity by 2030, according to the latest forecast from the Global Wind Energy Council (GWEC).
18 October 2016 06:08 GMT
UK oil and gas group BP is considering whether to expand its US wind power business before the year's end in order to benefit from the higher rate of US production tax credit (PTC), after several years of steering clear of clean energy investments.
17 October 2016 12:44 GMT
Windstream Energy scored a major legal victory against Canada for having had its 300MW Wolfe Island Shoals project in Lake Ontario sidelined by a provincial offshore wind moratorium in 2011 – winning C$28m ($21.3m) in damages and re-opening a pathway for the project to get built.
14 October 2016 03:53 GMT
The levy German power consumers pay on their electricity bills to finance the build-up of renewables (EEG surcharge) next year will jump by 8.3% to €0.0688 ($0.0758) per kilowatt hour of electricity consumed, re-igniting a heated debate on the cost of the country’s energy transition.
14 October 2016 10:31 GMT
To avoid grid congestion, Germany’s government may limit the expansion of onshore wind to 902MW a year in the windiest regions of the country, according to a draft for a regulatory decree for the federal grid agency BNetzA seen by Recharge.
13 October 2016 02:38 GMT
Turbine OEM customers of LM Wind Power could suffer in the medium-term following the blade-maker’s purchase by GE, according to financial analysts at Macquarie who added that Vestas could be set to benefit by being aloof from the situation.
13 October 2016 12:29 GMT
GE has finally taken the step to buy the dominant independent supplier to the industry, LM Wind Power, from its UK private equity owners, after following a range of different strategies for blade design and supply over the last decade or so.
13 October 2016 11:14 GMT
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