Day: February 4, 2019

Threat to PG&E Renewable PPAs Affects US DOE Loans

The fallout from California power giant PG&E Corp.’s looming bankruptcy has been both sudden and widespread: Its electricity suppliers have seen their debt cut to junk. Banks are facing liabilities as buyers of last resort for more than $760 million of bonds the utility issued through California.…


Global Clean Energy Spending Dips in 2018 But Installations Rise on Lower Prices

Global funding for clean-energy projects sagged in 2018 after China’s decision to curb subsidies dragged down installations in the world’s biggest solar market.


100 Percent Clean Energy Goals: What Will It Take To Get There?

Here we are in 2019, with more than 100 U.S. cities and 140 large corporations having established 100 percent clean, carbon-free and/or renewable energy goals. In several states, newly seated governors campaigned on goals of 100 percent renewable energy, and congressional representatives have…


Five Companies You’ve Definitely Heard of Join Up to Buy Solar Energy in Aggregation Deal

It’s hard to find a common thread between the business models of Gap, Bloomberg, Cox, Salesforce and Workday but today they are announcing that they all have one big thing in common: their desire to clean up their organizations’ energy supply by using renewable energy.


Energy Storage Outlook for 2019: E-Mobility, Clean Energy Technologies and Lithium Batteries

2018 was another defining year for the lithium supply chain as the global population continued to make remarkable strides towards the implementation of clean energy and transportation. Although the clean energy and transportation industries are only in their early days, it has become apparent that…


ASU Researchers Break Solar-cell Efficiency Record at 25.4 Percent

Arizona State University researchers have set a new record for solar efficiency, 25.4 percent. Working with tandem photovoltaics, or stacking different materials in a solar cell, the ASU team has continued to improve solar efficiency and lower costs.


PG&E Likely Seeking Bankruptcy by Jan. 29

The San Francisco-based utility is under investigation for any role its equipment might have played in the deadly wildfires of late 2018, only one year after getting blamed for an earlier, devastating rash of blazes.


IRENA: Transition to Renewable Energy May Create an Entirely Different World

This week at the Assembly of the International Renewable Energy Agency (IRENA), political and business leaders from around the world outlined the far-reaching geopolitical implications of an energy transformation driven by the rapid growth of renewable energy.


China Plans Subsidy-Free Solar, Wind Power Pilot Projects

China will start building pilot wind and solar power projects that won’t receive national government payments as it pushes to improve the competitiveness of renewable energy and rein in subsidy bills. Shares of solar manufacturers surged in New York and Hong Kong.


How Minnesota Could Economically Reach 70 percent Renewable Electricity

A recent report from Minnesota pollution regulators shows the state is making progress on reducing greenhouse gas emissions, but it isn’t doing enough to keep pace with its long-term goals or stop catastrophic climate change.