Results for: solar

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 […]

June 6 2017

Mother Nature’s Merit Order: Fuel Economics Trump Policy

This article first appeared on the BNEF mobile app and the Bloomberg Terminal. Carbon emissions are a factor for every U.S. power generator Coal-to-gas switch mitigates more CO2 than gas-to-renewables U.S. power generators ranked by emissions factor (tCO2e/MWh) Source: Bloomberg New Energy Finance Economics, not policy, has been the most potent force in decarbonizing U.S. […]

June 6 2017

Prince Was a Secret Patron of Solar Power

Before his abrupt death a year ago, the pop musician Prince made an investment in green energy that’s now helping solar start-ups weather an assault from President Donald Trump.  It started with a conversation in 2011 between Prince and his friend Van Jones, a CNN commentator and California human rights agitator and onetime green-jobs adviser to […]

June 5 2017

Star Rapper Akon Mulls IPO of Chinese-Funded African Solar Unit

Akon, the star rapper and renewable-energy entrepreneur, is considering an initial public offering of his Chinese-funded solar business in Africa to fuel an intercontinental expansion. “That’s definitely a conversation we’ve had with the financial team on how to structure as we move forward,” Akon said in a telephone interview. “We’ve been moving at a really […]

June 2 2017

United Against Trump, CEOs and Politicians Push Ahead on Climate

Donald Trump’s plan to scrap U.S. involvement in the world’s broadest deal on global warming may actually have the opposite effect, galvanizing countries, businesses and even U.S. states, to double down on stopping pollution. The U.S. president on Thursday sided with the interests of coal miners, who dig up the dirtiest fossil fuel, as he […]

June 2 2017

Brazil Plots Steady Clean-Energy Course Amid Political Turmoil

Brazil is taking steps to promote new renewable-energy projects as the government seeks to reassure the industry that political turmoil won’t threaten current power policies. The country will organize at least one power auction for clean-energy projects this year, according to Eduardo Azevedo, secretary of energy planning and development at the Ministry of Mines and […]

June 2 2017

Coal Isn’t Coming Back, Even With Trump Leaving the Paris Accord

President Donald Trump just made good on his campaign vow to leave the Paris climate accord. Now, the hard part: making American coal great again. In announcing his withdrawal from the international pact to fight global warming, Trump touted mines opening in Pennsylvania, Ohio and West Virginia and said the Paris accord would’ve been a […]

June 2 2017

Trump Cedes Climate Policy Leadership to Xi With Paris Accord Exit

President Donald Trump’s decision to isolate the U.S. on climate change has handed China a golden opportunity to burnish its image as a global leader, even as it angers and unsettles European allies. Trump’s decision to withdraw from the Paris Agreement on climate — aligning the U.S. with Syria and Nicaragua as the only holdouts from […]