Results for: solar

December 6 2017

The Latest Bull Case for Electric Cars: The Cheapest Batteries Ever

The kind of battery that powers electric vehicles is now the cheapest it’s ever been thanks to a global ramp-up in production. Lithium-ion battery packs are selling at an average price of $209 a kilowatt-hour, down 24 percent from a year ago and about a fifth of what it was in 2010, a Bloomberg New Energy Finance […]

December 5 2017

First Solar Bets Its Future on a New Panel

First Solar Inc. is poised to take the wraps off the Series 6 panel Tuesday, a long-awaited product rollout that has huge implications for the biggest U.S. solar manufacturer. It’s not a stretch to say that Tempe, Arizona-based First Solar has bet its future on the success of this product. As solar panels get cheaper and […]

December 4 2017

A $12 Billion Clean-Energy Tool That U.S. Tax Reform Could Kill

The tax-reform proposal moving through the U.S. Senate would hobble — and potentially cripple — the supply of tax-equity investment, an esoteric but critical source of clean-energy finance. About half the companies that invest in tax equity for solar farms, and a majority of wind investors, may find the new tax policies make these deals irrelevant, according […]

November 30 2017

California Is Plenty Green But Iowa Has the Cleanest Power

California may be America’s clean-energy capital, but let’s give Iowa and North Dakota some credit too. Aggressive environmental polices under Governor Jerry Brown have given rise to vast wind and solar farms, allowing California to generate almost one-third of its electricity from renewable sources. Meanwhile, Iowa has one of the nation’s least ambitious clean-energy targets […]

November 30 2017

McCrone: Skeptical About Climate, Clean Energy Skeptics

By Angus McCrone, Chief Editor Bloomberg New Energy Finance If only I were a climate and clean energy skeptic. Then I could stop wasting time worrying about the planet. Even if temperatures rise a little, crop yields would probably go up. Those of us in northern latitudes would spend fewer hours shivering, and waste less […]

November 29 2017

There’s Now a Vessel That Produces Zero Pollution

Cie. Maritime Belge SA has built the first commercial ship that runs on hydrogen and produces zero pollution, taking the world a step closer to cargo without emissions. The Hydroville passenger shuttle can operate on compressed hydrogen as well as regular fuel oil, according to the Belgian company. The ship was recently certified to operate […]

November 29 2017

Flexible Resources Will Be Key to Unlock Renewable Future

This article first appeared on the BNEF mobile app and the Bloomberg Terminal. Need for backup capacity to stay the same as sources shift. Variations in demand, supply call for multiple options. Highest weeks for wind and solar output, U.K. 2040 Source: Bloomberg New Energy Finance  Lowest weeks for wind and solar output, U.K. 2040 […]

November 29 2017

Electric Vehicles Could Displace 8 Million Barrels of Oil Per Day by 2040

An energy transition is underway. Solar and wind are being added in ever-greater numbers. Electric vehicles are becoming more commonplace. Meanwhile, policy makers are grappling with the right mix of policies to pay for it all. Bloomberg New Energy Finance’s conference on the future of energy in Asia assembled industry executives, policy makers and bankers […]

November 29 2017

Solar’s Tumbling Costs Start Claiming Victims

Solar auctions are having their intended effect: Prices for developers are tumbling across Asia. While that’s good news for consumers, solar companies might have to reconsider the economics of projects already under way. That was the message from the world’s biggest solar panel maker, Trina Solar Ltd., during the second and final day of Bloomberg […]

November 28 2017

The Way Asia Pays for Clean Energy Is Being Upended

China’s electricity price on a solar deal for Inner Mongolia plunged 44 percent last year. In India, prices to supply wind energy dropped to a record low in October. And Japan last week cut its solar-industry support by as much as 28 percent. In all three cases, the government had adopted an auction system to […]