Results for: solar

March 10 2017

Want to sell more wind, solar power? Find corporate buyers

Contracts to sell electricity directly to corporate users are among the key demand drivers for wind and solar power, while the influence of state mandates wanes, according to a report Friday by Moody’s Investors Service. Multiple factors are spurring corporate power deals, especially from companies that have set their own sustainability goals. And the shift […]

March 10 2017

Asia to take lion’s share of $4.4T opportunity in energy

This article is by Bloomberg New Energy Finance analyst Elena Giannakopoulou. It appeared first on the Bloomberg Terminal.  Globally, about $4.4 trillion will be invested in new power generating capacity over the next 10 years, at an average of $485 billion a year, according to Bloomberg New Energy Finance. This large-scale investment in the energy […]

March 10 2017

Musk bets he can fix Aussie power woes in 100 days or it’s free

Billionaire Elon Musk just bet he can solve a looming energy crisis in Australia within 100 days by deploying Tesla Inc. technology to plug a supply gap that’s caused power blackouts. In a conversation on Twitter with Australian tech billionaire Mike Cannon-Brookes, Musk backed up an earlier commitment Tesla made Thursday, reported by the Australian […]

March 9 2017

Private equity deals signal profits in off-grid solar

This analysis is by Itamar Orlandi for Bloomberg New Energy Finance. It appeared first on the Bloomberg Terminal.  The notion that solar can provide basic energy in areas beyond the reach of the central grid has been around for decades. Investment has now picked up. In the last few months, private equity players committed more […]

March 9 2017

Turnbull blames Australian gas crisis on state restrictions

Australia, the world’s second-largest exporter of liquefied natural gas, needs to remove road blocks to gas exploration on the east coast that Prime Minister Malcolm Turnbull blames for a looming domestic supply crisis. “We are facing an energy crisis in Australia because of this restriction of gas,” Turnbull told a business conference in Sydney on […]

March 9 2017

Wind power blows through nuclear, coal as costs drop at sea

Water and electric power plants don’t mix well naturally, unless you add some wind. Water tends to corrode and short out circuits. So what’s happening in the the renewable energy industry, where developers are putting jumbo-jet sized wind turbines into stormy seas, is at the very least an engineering miracle. What might be even more miraculous […]

March 8 2017

Beijing’s still years away from blue skies

As Chinese Premier Li Keqiang welcomed delegates to Beijing for the annual meeting of the legislature this week, he vowed to “make our skies blue again,” raising hopes for residents who started the year under a blanket of smog and have wheezed through periodic bouts of pollution since then. Researchers and environmentalists say residents may need […]

March 8 2017

Tesla completes Hawaii storage project that sells solar at night

Tesla Inc. has completed a solar project in Hawaii that incorporates batteries to sell power in the evening, part of a push by the electric car maker to provide more green power to the grid. The Kapaia installation includes a 13-megawatt solar system and 52 megawatt-hours of batteries that can store energy during the day […]

March 8 2017

White House pushes for deep cuts to clean energy office

The White House is seeking to cut hundreds of millions of dollars from the budget of an Energy Department division that has funded technological research in projects ranging from the LED light bulb to plug-in electric trucks, according to people familiar with the plans. The Office of Energy Efficiency and Renewable Energy, currently funded at […]

March 8 2017

French worry more about climate change than neighbors do

The French are more worried and outraged by climate change than their British or German neighbors, but they don’t want to pay for a solution. That’s the conclusion of the first in-depth, large-scale survey into European attitudes on global warming. In France, 79 percent of people are worried by climate change, compared with 60 percent […]