Results for: solar

June 13 2017

May’s Bid to Keep U.K. Lights on Harder After Election Loss

The U.K.’s search for 100 billion pounds ($127 billion) to maintain electricity supplies is likely to become tougher after the Conservative government lost its parliamentary majority in an election last week. Prime Minister Theresa May, who is leading a minority government, will need to focus more than ever to get consensus from lawmakers on Britain’s […]

June 12 2017

Utilities See Value in Storage Alongside PV, and Will Pay

This article first appeared on the BNEF mobile app and the Bloomberg Terminal. Hawaii co-operative turns to storage to integrate renewables Solar plus storage PPAs are falling but system setups vary Solar plus storage levelized costs of electricity (LCOEs), with varying solar to storage power output ratios Source: Bloomberg New Energy Finance Note: These all assume 30% […]

June 9 2017

India’s Answer to Trump on Climate Is Nuclear Power

Business has been slow at a Larsen & Toubro Ltd. factory in western India that makes parts for nuclear power plants. The Mumbai-based construction company opened the plant in 2012, hoping to profit from government plans to build more reactors in a country where more than 200 million people lack access to electricity. But most […]

June 8 2017

German Renewables Record Probably Won’t Last Long in Green Push

Germany’s latest wind and solar power record is unlikely to be the last as the nation deepens its commitment to a low-carbon economy in the face of U.S. President Donald Trump’s decision to quit the Paris climate accord. Clean power supplied two-thirds of Germany’s power at one point on Wednesday, with wind and solar generation exceeding the […]

June 8 2017

Vietnam Conglomerate Plans $1 Billion Solar Parks Project

Vietnam’s TTC Group, a sugar, energy, real estate and tourism conglomerate, is planning to spend as much as $1 billion on an ambitious plan to build one of the country’s largest portfolio of solar projects in an effort to capitalize on the nation’s growing power needs. “Solar energy is very hot right now as the recent […]

June 8 2017

China’s Clean Energy Ambition Floats on Abandoned Coal Mine

China’s ambitions to dominate new energy technologies are unfolding at the site of an abandoned coal mine about 300 miles (483 kilometers) northwest of Shanghai. There, in Anhui province, Sungrow Power Supply Co. has built the world’s largest floating solar farm with 166,000 panels on a lake created when a nearby mine collapsed. While not an […]

June 8 2017

One Chart Suggests Trump May Be Wrong About Emissions and GDP

Donald Trump last week drew a straight line between membership in the landmark 2015 Paris climate agreement and American economic hardship when he withdrew U.S. support for the pact. “The cost to the economy at this time would be close to $3 trillion in lost GDP and 6.5 million industrial jobs, while households would have […]

June 8 2017

Tokyo Nights May Soon Be Lit Up by a Country 1,700 Miles Away

The lights of the high-end boutiques and bars of Tokyo’s Ginza neighborhood may someday be powered by coal burned more than 1,700 miles away (2,700 kilometers) in Mongolia, electricity zipping over ultra-high voltage lines across deserts and under seas. That’s the idea behind plans in Asia for so-called super grids, sending power from countries with […]

June 6 2017

CEO of Clean Energy Financier Spruce Finance Said to Depart

Nat Kreamer, chief executive officer of Spruce Finance Inc., has left the clean-energy financier, according to people familiar with the matter. His departure took place late last month, according to the people who asked not to be identified because the information isn’t public. Chief Financial Officer Darren Thompson is listed as president on the website of the Kleiner […]

June 6 2017

Historic California Gas Leak Spurs Boom in Big Batteries

Installations of large-scale energy-storage systems surged to record levels during the first quarter as power companies and state officials pushed to better incorporate electricity from wind and solar farms. U.S. homes and businesses — mostly utilities — installed storage systems with 234 megawatt-hours of capacity during January, February and March — more than 50 times […]