Results for: solar

April 27 2017

China-owned U.S. solar maker seeks U.S. tariffs on China imports

Suniva Inc., a bankrupt U.S. solar manufacturer with a Chinese majority owner, is seeking protection from cheap imports from China. Suniva is asking the U.S. to impose import duties on solar cells and panels, according to a complaint filed Wednesday with the U.S. International Trade Commission, asserting it has suffered “serious injury” from a flood […]

April 26 2017

Germany Calls Rick Perry’s Push to Rework Paris Climate Agreement ‘Absurd’

Germany fired back at Rick Perry’s criticism of Europe for not living up to its vow to fight climate change, saying the U.S. energy secretary’s suggestion to renegotiate the landmark Paris accord is “absurd.” The 2015 global agreement to limit global warming-causing gases already lets nations adjust their own emissions targets, making it pointless for […]

April 26 2017

The Cheap Energy Revolution Is Here, and Coal Won’t Cut It

Wind and solar are about to become unstoppable, natural gas and oil production are approaching their peak, and electric cars and batteries for the grid are waiting to take over. This is the world Donald Trump inherited as U.S. president. And yet his energy plan is to cut regulations to resuscitate the one sector that’s never coming back: coal.  […]

April 26 2017

Saudi Arabia Sees 7,000 Jobs Coming From Solar Program by 2020

Saudi Arabia is hoping its solar-power program will generate 7,000 jobs and build a local manufacturing industry that can export products to the world, reducing domestic demand for its crude oil in the process. The Ministry of Energy and Natural Resources requires bidders seeking to build about 3.45 gigawatts of solar and wind plants by […]

April 25 2017

ACWA Power Will Bid to Build Saudi Arabian Solar Energy Project

ACWA Power International will bid to build a solar energy project in Saudi Arabia, part of the kingdom’s $50 billion push to temper domestic oil use. Riyadh-based ACWA received a request for proposals last week from Saudi Arabia’s energy ministry to develop the 300-megawatt solar project in Sakaka, Rajit Nanda, ACWA’s chief investment officer, said […]

April 25 2017

Perry Says Trump Should Renegotiate, Not Exit, Paris Accord

Energy Secretary Rick Perry became the latest senior member of President Donald Trump’s administration to publicly advocate for staying in the Paris climate accord, saying the U.S. should renegotiate the deal and push European nations to take on a larger share of emissions reductions. “I’m not going to tell the president of the United States […]

April 25 2017

U.S. Power Demand Flatlined Years Ago, and It’s Hurting Utilities

Electric utilities have been doing everything they can to preserve their bottom line from conducting multi-billion mergers to snapping up more profitable natural gas businesses. Their trouble lies in one thing they can’t control: demand.  Power consumption in the U.S. has stalled for the last decade, breaking the link the industry has enjoyed with economic […]

April 25 2017

Biggest U.S. Companies Setting More Renewable-Energy Targets

Almost half of the biggest U.S. companies have established clean-energy targets for themselves, according to a report Tuesday from sustainable investors and environmental groups including the World Wildlife Fund. It’s not just the biggest U.S. companies — 44 percent of the smallest 100 members of the Fortune 500 have also set goals, up from 25 […]

April 25 2017

Oil and Mining Giants Detail Road Map to Reduce Carbon by Half

A group of companies and non-profit agencies that includes energy giants Royal Dutch Shell Plc and BHP Billiton said global greenhouse gas emissions could be cut in half by 2040 without impeding economic development, in part by converting grids to use mostly renewable power. The declining costs of wind, solar and batteries will make it […]

April 24 2017

Saudi Arabia to Offer 1 Gigawatt of Renewable Contracts in 2017

Saudi Arabia will offer as much as 1 gigawatt of contracts to buy renewable electricity by the fourth quarter of this year, a government official said, putting more detail on a program designed to stimulate the kingdom’s wind and solar industry. The government will auction power-purchase agreements covering 620 megawatts of photovoltaic installations and 400 […]