Results for: solar

April 13 2017

Apple says three more suppliers to use solely renewable power

Another three Apple Inc. suppliers committed to using solely renewable energy to manufacture components for the iPhone maker. Compal Electronics Inc., Sunwoda Electronic Co. and Biel Crystal Manufactory Ltd. have made the pledge, bringing the total number of Apple suppliers seeking to use just renewable power to seven, executive Lisa Jackson said in an interview. Apple […]

April 13 2017

Investors Are Cherry-Picking the Assets of a Fallen Renewable Energy Giant

The spectacular failure of what was once the world’s biggest renewable-energy company has turned into a smorgasbord of wind and solar farms being gobbled up by infrastructure investors, clean-power developers and even a vegan soccer team. Since filing the largest U.S. bankruptcy of 2016, SunEdison Inc. has hosted the biggest-ever sale of renewables assets. It’s […]

April 12 2017

India gets record low bid to build solar power, Minister says

The price of solar power in India fell to a record low of 3.15 rupees (5 U.S. cents) a kilowatt-hour in a competitive tender where French firm Engie SA’s local arm won rights to develop 250 megawatts. Power Minister Piyush Goyal confirmed the results on Twitter, saying the prices bid were a record low in […]

April 12 2017

Tesla seeks independent directors as board pressed on Musk ties

Tesla Inc. said it’s searching for independent directors after an influential group of investors pressured the electric-car maker’s board to add two members who don’t have ties to Elon Musk. Five of Musk’s six fellow board members have personal or professional connections to the Tesla chief executive officer, which could jeopardize their independence, the California […]

April 11 2017

Clean energy investment drops 17% as China and U.S. scale back

Clean-energy investment fell 17 percent in the first quarter, keeping pace with last year’s decline, as the U.S. and China both scaled back support for wind and solar farms. The $53.6 billion funneled into projects such as renewable energy, efficiency and electric cars during the first three months of the year marked the lowest investment […]

April 11 2017

Clean energy investment – 1Q 2017 figures

Clean energy investment totaled $53.6 billion worldwide in the first quarter of this year, down 17% from 1Q 2016 but only 7% down from the final quarter of last year. The data show a mix of strong and weak features in 1Q 2017. New Investment in Clean Energy by Region, 1Q 2014 – 1Q 2017 ($BN) […]

April 11 2017

Tesla and Mexican solar are hotspots in tepid Q1 for clean energy investment

Global clean energy investment in the first quarter of 2017 was down 17% compared to the same period of 2016, despite higher equity raising from public markets and VC/PE London and New York, 11 April 2017 – Clean energy investment worldwide totaled $53.6 billion worldwide in the first quarter of this year, down 17% from […]

April 10 2017

Saudis to seek bids for 700-megawatt wind and solar projects

Saudi Arabia will begin seeking bids next week from renewable-energy companies to build wind and solar plants with a combined capacity of 700 megawatts as part of the kingdom’s $50 billion program to boost power generation and cut its oil consumption. Energy Minister Khalid Al Falih will announce a request for proposals for the projects, the […]

April 10 2017

Owners of Solar Yieldcos Head Toward Door Marked `Sell’

Two years ago, solar and wind developers couldn’t get enough of a security that helped finance their clean-energy projects. Now, a growing number are considering cashing out. The industry created publicly traded securities, known as yieldcos, to raise capital for new construction, which attracted shareholders eager for dividends from the sale of electricity. Fifteen U.S. […]

April 7 2017

Three Charts Show Power Glut Holding Fast in Biggest U.S. Market

A glut of supply in America’s biggest power market may be sticking around for a while. This May, newly-built or expanded natural gas-fired plants, wind farms and solar installations will compete in an annual auction for electricity supplies in the mid-Atlantic and Midwest. As demand flags, the flood of generation means payouts from the grid […]