Results for: solar

February 3 2017

Post-SunEdison collapse, Vivint Solar is going home again

Vivint Solar Inc. is getting back to its roots. This time last year, the Blackstone Group LP-backed rooftop solar installer was trying to close its proposed acquisition by SunEdison Inc., then the world’s largest clean-energy company. Now, 11 months after that deal fell apart, it’s again partnering with sister company Vivint Smart Home. Chief Executive […]

February 3 2017

Brexit markets give the U.K. solar industry a moment in the sun

Brexit has brightened the outlook for U.K. solar funds, with higher power prices lifting earnings for the industry and burnishing its attraction for investors seeking to insulate themselves from political upheaval. Trading volumes at three London-listed U.K. solar funds more than doubled in the six months after June’s referendum calling on Britain to exit the […]

February 2 2017

Biggest wealth fund seen dashing hopes of green energy activists

Environmental activists hoping to see a big push by Norway’s $890 billion sovereign wealth fund into emerging market renewable energy and infrastructure projects are likely to be disappointed, according to a key Norwegian lawmaker. The government and parliament are set to again review later this year whether to allow the fund to expand into infrastructure. […]

February 1 2017

NRG’s massive California solar plant finally making enough power

The world’s biggest solar-thermal power plant is finally producing enough electricity. The Ivanpah Solar Electric Generating System in Southern California initially failed to meet contractual obligations, and a yearlong forbearance deal with Pacific Gas & Electric Co. expired Wednesday. After fine-tuning the complex facility that uses 170,000 mirrors, output is up and it’s no longer […]

February 1 2017

U.S. wind, solar power tout rural jobs as Trump pushes coal

The renewable-energy industry has a message for the Trump administration about bringing energy jobs to rural communities: get out of the coal mines and look to the sky. U.S. wind-farm developers and suppliers had more than 100,000 workers at the end of the year and the solar industry had more than double that, and they’re […]

February 1 2017

Frontier Power Insight: webinar replay

Advances in distributed technologies at the frontiers of today’s energy system can now provide power where the traditional grid is nonexistent, inadequate, or too distant for connection. Because they are modular and scalable, technologies such as PV and electricity storage promise to provide better and more resilient services which can be installed on a small scale […]

February 1 2017

Saudi Arabia plans the world’s cheapest power with solar and wind

Saudi Arabia will award its first tender to build 700 megawatts of solar and wind energy in September, with the cost of power forecast to be the lowest in the world, Energy Minister Khalid Al-Falih said. OPEC’s biggest oil producer plans to build 300 megawatts of solar plants in the al-Jouf area in northern Saudi […]

January 31 2017

China’s nuclear power capacity set to overtake U.S. within decade

China’s rapid nuclear expansion will result in it overtaking the U.S. as the nation with the largest atomic power capacity by 2026, according to BMI Research. The world’s second biggest economy will almost triple its nuclear capacity to nearly 100 gigawatts by 2026, making it the biggest market globally, analysts said in a note dated […]

January 30 2017

Tesla’s battery revolution just reached critical mass

Tesla Motors Inc. is making a huge bet that millions of small batteries can be strung together to help kick fossil fuels off the grid. The idea is a powerful one—one that’s been used to help justify the company’s $5 billion factory near Reno, Nev.—but batteries have so far only appeared in a handful of true, grid-scale pilot projects. That […]

January 30 2017

Saudi Aramco said to weigh up to $5 billion of renewable deals

Saudi Aramco, the world’s largest oil company, is considering as much as $5 billion of investments in renewable energy firms as part of plans to diversify from crude production, according to people with knowledge of the matter. Banks including HSBC Holdings Plc, JPMorgan Chase & Co. and Credit Suisse Group AG have been invited to […]