Results for: solar

January 27 2017

Will Trump make this $7 billion clean-coal plant irrelevant?

Southern Co.’s “clean-coal” plant has been hailed as a first-of-its-kind project. President Donald Trump’s climate-change skepticism could make it the last. The facility in Kemper County, Mississippi, is slated to finally start generating electricity and capturing carbon dioxide from coal by Jan. 31. The plant has been plagued by construction challenges, running more than two […]

January 26 2017

Musk’s surprise rapport with Trump means 40% rally for Tesla

It’s a good time to be Elon Musk. Shares of the billionaire’s Tesla Motors Inc. have surged 40 percent since Dec. 1, putting the stock within reach of a 52-week high. The acquisition of SolarCity is complete. Musk’s sprawling Gigafactory is now producing battery cells. And the clean-energy evangelist has the ear of a surprising […]

January 26 2017

Apple agrees to buy solar power from Buffett’s Nevada utility

Apple Inc. agreed to buy the output from a proposed 200-megawatt solar farm in Nevada to help power a data center in Reno. NV Energy Inc., a Las Vegas-based utility owned by Warren Buffett’s Berkshire Hathaway Energy Co., plans to seek approval for the power-purchase agreement from the Public Utilities Commission of Nevada, according to […]

January 26 2017

Biggest Indian solar project stalls as state balks at cost

India’s biggest solar power project has stalled as the state which sought bids from generators says it can’t buy the energy at prices it had agreed upon. Winning developers in India’s Jharkhand state are still waiting to sign power purchase agreements almost a year after the tender. In March, Jharkhand awarded contracts to build 1.2 […]

January 25 2017

Living in the dark: 240 million Indians have no electricity

Screams alerted Dadasaheb Vidhate to the fire trapping three of his children in the family’s thatched-roof hut in rural India. “Neighbors rushed to help douse the fire, but we couldn’t save anyone,” Vidhate, 45, said of the blaze four years ago, which he blames on an overturned kerosene lamp. “My children were burned alive before […]

January 24 2017

Trump’s climate stance threatens to worsen China relations

President Donald Trump’s vow to pull back from climate-change efforts endangers one of the few areas where China and the U.S. have seen eye-to-eye, exacerbating tensions as he takes on more contentious subjects. “There is a long history of countries that struggle to get along, using the subject of the environment to continue talking and build […]

January 23 2017

Brookfield in exclusive talks to buy SunEdison’s TerraForms

Brookfield Asset Management Inc., Canada’s largest alternative asset manager, has entered into exclusive talks to buy bankrupt SunEdison Inc.’s two yieldcos, valuing the power companies at as much as $2.46 billion. Toronto-based Brookfield offered $12 a share for TerraForm Power Inc., conditional on acquiring more than half of sister company TerraForm Global Inc., according to […]

January 23 2017

California utilities want $1 billion for electric cars

California’s utilities are asking for more than $1 billion to spend on electric car-charging stations that will help the state meet its goal of getting 1.5 million zero-emissions vehicles on the road by 2025. Edison International’s Southern California Edison utility asked state regulators on Friday for permission to collect $570 million from customers over five […]

January 20 2017

Solar crowns new panel leader as Jinko expands at wrong time

JinkoSolar Holding Co. is poised to become the latest solar-industry leader to learn coming in first doesn’t always make you a winner. Jinko had 6.5 gigawatts of panel-production capacity at the end of the third quarter, and said full-year 2016 shipments may be as high as 6.7 gigawatts. That means the No. 3 solar company […]

January 19 2017

Trump Nominees Accept Global Warming, But Only to a Degree

The incoming Trump administration is defying long-held Republican orthodoxy on climate change, saying that humans are having an effect on the Earth’s temperatures. But just how much of an effect, they say, is up for debate. In confirmation hearings this week President-elect Donald Trump’s nominees for key energy and environmental posts rejected the idea that global […]