Results for: solar

May 5 2017

Tesla Has a Lot More in Store Than the Model 3

After Tesla Inc. reported earnings on Wednesday, Elon Musk cracked open the lid on his box of secrets.  While most investors focused on rising costs and execution risk as he prepares for his most important product launch, the CEO dropped a pile of hints about what new adventures may be in store for the darling of […]

May 4 2017

China’s Solar Output Increased 80% in First Quarter

China electricity output from photovoltaic plants rose 80 percent in the first quarter after the world’s biggest solar power market increased installed capacity. Solar power generation rose to 21.4 billion kilowatt-hours in the three months ended March 31 from a year earlier, the National Energy Administration said Thursday in a statement on its website. China […]

May 4 2017

In a Twist, Snow Is Keeping Natural Gas Prices Down in Texas

Natural gas in balmy Texas is feeling the chill of California’s snowy peaks 1,200 miles away. West Coast power producers are ditching gas in favor of cheap, plentiful hydroelectric power, which is surging after the wettest year ever across the Northern Sierra Nevada range. Much of that moisture fell as snow which is now melting, soaking […]

May 4 2017

Tesla Assures Model 3 on Time as Musk’s Cash Burn Continues

Tesla Inc. assured investors its highly anticipated Model 3 sedan is on track to begin production, mitigating concerns that the carmaker led by Elon Musk is burning through more cash to bring the vehicle to market. The Model 3 remains on schedule for output to start in July, Tesla said Wednesday as it reported first-quarter […]

May 4 2017

Profit Beats Brexit in Biggest Race for Power Cables to U.K.

Nobody seems to have told Europe’s power industry about Brexit.  Even as Britain begins its exit from the European Union, there are at least 12 projects worth more than 10 billion euros ($11 billion) combined in the works to expand the island nation’s connection to the surplus generating capacity on the continent. That’s because of the […]

May 3 2017

Sunrun Falls on Report of SEC Probe Into Solar Cancellations

Sunrun Inc., the largest independent U.S. rooftop company, fell the most in more than 11 months after the Wall Street Journal reported that the Securities and Exchange Commission is investigating whether the company adequately disclosed how many customers canceled contracts. The San Francisco-based rooftop installer dropped 8.8 percent to $4.75 at the close in New […]

May 3 2017

April’s Worst Bond Deal Shows Distress of U.S. Merchant Power

To understand just how distressed the U.S. merchant power business is getting, consider Talen Energy Corp.’s efforts to raise $500 million in the bond market last month. The energy producer was forced to settle for $400 million and make up the difference through bank loans. The notes were also offered at a discount of several points […]

May 3 2017

France Emerges as VC Dealmaker for Alternative to Nuclear Energy

Three French companies have emerged as the most prolific venture capital dealmakers for new energy technologies as the country starts to seek out low-polluting alternatives for its aging nuclear reactors. Engie SA, Demeter Partners SA and Total SA participated in more green-energy deals than any other venture capital firms last year, according to the most […]

May 2 2017

2Q 2017 Frontier Power Market Outlook

2017 is shaping up as an important year of groundwork-laying for micro-grids in remote or un-electrified regions of the world. Storage companies and technology giants continue to lead the charge on solar and storage micro-grids while island communities are test-beds for piloting new systems and ideas. This Market Outlook takes a closer look at the […]

May 1 2017

EPA, Clean Energy Spared Trump’s Ax in $1.1 Trillion Budget Deal

Environmental programs marked for death or deep cuts by President Donald Trump got a reprieve in the government funding deal revealed early Monday by congressional leaders — at least for now. The Environmental Protection Agency, targeted for $247 million in cuts for this year’s funding, instead escaped with a budget trimmed by $81 million — […]