Results for: solar

April 24 2017

Taxes No Longer Certain — And That’s Affecting Solar Deals

Even without any specific tax-reform proposals, President Donald Trump’s pledge to revamp U.S. policies is already affecting the solar industry, and not in a good way. “It’s causing disruptive effects on finance,” Abigail Ross Hopper, president and chief executive officer of the Solar Energy Industries Association, said in an interview Monday at Bloomberg New Energy […]

April 24 2017

10 companies chosen as 2017 New Energy Pioneers at tenth annual Bloomberg New Energy Finance Summit in New York City

Innovative companies from around the world recognized as agents of change in the field of clean energy technology and business transformation   New York, 24 April 2017 – Bloomberg New Energy Finance (BNEF) is pleased to announce its selection of the 2017 New Energy Pioneers – game-changing innovators that are revolutionizing the energy sector. The […]

April 24 2017

Lifeline for Nuclear Plants Is Threatening Wind and Solar Power

The push to save U.S. nuclear plants for the sake of fighting climate change is threatening support for the bread and butter of clean power: wind and solar. New York and Illinois have already approved as much as $10 billion in subsidies to keep struggling reactors open for the next decade as part of a […]

April 24 2017

Japan May Pull Support From a Quarter of Clean-Energy Projects

About a quarter of all approved clean-energy projects in Japan may no longer qualify for government incentives after failing to meet a deadline to secure grid access, according to preliminary estimates from the Ministry of Economy, Trade and Industry. Some 456,000 projects totaling 27.7 gigawatts failed to get connections to the grid from local utilities […]

April 24 2017

Republican Cracks Emerge in Trump’s Coal-Heavy Energy Plan

For all Donald Trump’s efforts to revive coal, market forces and some of his own supporters are vying to write their own version of America’s energy future. Divisions persist among the president’s supporters — and even within his own cabinet — about whether to continue subsidies for wind and solar power, enact a carbon tax, […]

April 21 2017

Paying Nuclear Losers for ‘Clean’ Power Upends U.S. Markets

Some U.S. states are trying to save money-losing nuclear plants — and disrupting America’s electricity markets in the process. New York and Illinois have cleared the way for nuclear power to be subsidized with higher fees on buyers — aid normally reserved for renewable energy like solar and wind. One reason policy makers gave was […]

April 21 2017

U.K. Just Went Without Coal Power for the First Time Since 1880s

The U.K. had its first full day without burning coal to make electricity since the Industrial Revolution more than a century ago, according to grid operator National Grid Plc. “Friday 21st April 2017 was the first 24-hour period since the 1880s where Great Britain went without coal-fired power stations,” the National Grid control room said […]

April 21 2017

India Plans Auctions for 4 Gigawatts of Wind Power This Fiscal Year

Prime Minister Narendra Modi’s government is seeking to step up the pace of auctioning power-purchase contracts for wind-energy plants, building on a contest that reaped record-low prices for solar farms earlier this month. The government plans to offer deals covering almost 4 gigawatts of wind capacity in the current fiscal year ending March 2018 in addition […]

April 20 2017

NRG Completes Solar Farm for Cisco’s California Headquarters

NRG Energy Inc., the largest independent U.S. power producer, completed a 20-megawatt solar farm in California that supplies power for Cisco Systems Inc.’s headquarters. The Blythe II solar farm in the Sonoran Desert has a 20-year power purchase agreement with Cisco, Princeton, New Jersey-based NRG said in a statement Thursday. Cisco will also get all […]

April 20 2017

Tesla Prepays Solar Bonds, But Not to Musk or Rives

Tesla Inc. paid off some solar bonds early, except to three key investors — its chairman and the co-founders of SolarCity, according to a person familiar with the matter. While Tesla repaid $19.7 million, plus $1.2 million in full interest, from three series of bonds to almost 1,500 other investors, Elon Musk, Lyndon Rive and Peter […]