Day: February 4, 2019
Global Investments in Electricity Beat Investments in Oil and Gas for Second Year in a Row
IEA report reveals that more than US $750 billion went to the electricity sector while US $715 billion was spent on oil and gas supply globally as the world continues on the path to electrification.
Tesla Plans China Plant With 500,000 Vehicle Capacity
Tesla Inc. is planning a factory in China with a capacity for 500,000 vehicles a year, its biggest step beyond the U.S. so far, according to people familiar with the matter. Tesla is due to sign a memorandum of understanding with local entities in Shanghai, the people said, asking not to be…
A California Startup That Cools With Ice Raises $40 Million
Ice Energy, a California firm that uses chunks of ice to cool buildings, has secured $40 million in financing from private equity group Argo Infrastructure Partners LLC.
Want To Save the World with Your Brilliant Clean Energy Idea?
A new partnership between Enel and InnoCentive focuses on the power of the crowd to solve many of the world’s sustainable energy challenges.
PennWell Partners with Folds of Honor Foundation
In commemoration of Flag Day, PennWell Corp. is partnering with the Folds of Honor Foundation to raise money for military families. The effort is in conjunction with PennWell’s Wall of Honor, a traveling wall highlighting the names of our military service personnel (past and present) and displayed…
U.S. Department of Energy announces funding for six marine energy projects
The U.S. Department of Energy has awarded a total of $6.7 million in funding to six recipients, with the goal of developing innovative marine energy technologies "capable of generating reliable and cost-effective electricity from U.S. water resources."
Clean Energy Leadership Emerging in Washington, DC
About a month ago, legislators for the District of Columbia introduced a bill that, if passed, could revolutionize how utilities deliver power to customers. The bill is known as the Distributed Energy Resources Authority Act. It would establish an independent body that ensures DC utilities look at…
Renewable Energy and DERs Are a Better Deal than New Gas Generation Almost Every Time
Utilities and independent power producers (IPPs) plan to invest $110 billion through 2025 to build new, natural gas-fired power plants. They, their shareholders and society would be better served were that capital invested in new, distributed, renewable power generation and distributed energy…
Clean Energy Laws Signed in New Jersey: Offshore Wind, Efficiency, Solar, Storage and Nuclear Benefit
Clean energy advocates rejoiced as legislation was passed today in New Jersey that will support the development of a massive amount of renewable energy, specifically community solar, energy storage, offshore wind and energy efficiency. The bill also props up nuclear power in the state with the…
The Higher Efficiency State: Massachusetts or California?
In 2017, Massachusetts was ranked No. 1 in energy efficiency by ACEEE for the seventh consecutive year. On the other side of the country, California was ranked a close second after tying with Massachusetts for the top spot in 2016.