European Commission To Member States: Follow Our Lead for Renewable Energy Policy
The European Commission has offered up some new guidelines about managing electricity markets among its Member States, offering direction for design and support schemes for renewable energy, managing capacity, and addressing demand at the consumer level to mitigate new generation investments -- which, while technically not binding, likely will inform future regional environmental and aid policies.
Record Renewable Energy Transfers Illustrate Investors' Appetites, Utilities' Pain
Wind farms and solar parks are changing hands at record rates, signaling both an increased taste for the assets among pension funds and hard times for utilities that are the biggest sellers.
Four Green Dividend Stocks that IPO'd In 2013
Canada’s stock exchanges have long had the lead as the place for energy infrastructure companies to list. This includes green energy, as well as the fossil fueled sort. Because Canada’s reporting rules are somewhat less stringent, and its markets less liquid than those in the U.S., the large number of offerings trade at lower valuations and higher yields than do their (few) U.S.-listed equivalents.
Ria Persad Named POWER-GEN 2013 Woman of the Year
StatWeather Founder and President Ria Persad was announced as the recipient of Renewable Energy World and Power Engineering’s first POWER-GEN Woman of the Year Award last Monday during the Annual Awards Gala at POWER-GEN International.
International Geothermal Market Set for Development Boom but Challenges Remain
What’s the next big opportunity for geothermal? According to panelists at last week's Renewable Energy World North America international geothermal session, it’s emerging markets. Kicking off the two-hour discussion, special guest Agnes Dasewicz of the U.S. Agency for International Development (USAID) explained the Power Africa initiative, which launched in June 2013. USAID is attempting to unlock energy growth in six countries: Kenya, Tanzania, Ghana, Nigeria, Liberia, and — of particular interest to the geothermal crowd — Ethiopia.
Latin America Report: Wind Sweeps Brazil's A-3 Power Auctions
Brazil's latest A-3 auction, matching up developers and power purchasers to prepare renewable energy projects to meet the nation's electricity demand by 2016, was a landslide win for wind energy -- but a shutout for solar, which was included in the process for the first time.
FERC: Almost All New US Electricity Generation Coming from Solar
The U.S. brought online nearly 700 MW of new electricity generation in October, and practically all of it was large-scale solar energy, according to data from the Federal Energy Regulatory Commission's (FERC) Office of Energy Projects.
Navigating New Developments in Turkey’s Growing Renewable Energy Market
In February of this year, Turkey’s Energy Minister Taner Yildiz, announced plans to increase the ratio of the country’s renewable energy resources to 30 percent of total energy production by 2023. Over the next ten years The Turkish government is seeking considerable investments to fund projects in wind, solar, hydropower, biomass and geothermal energy, believing a thriving renewable industry to be pivotal to future economic growth. Turkey has already enticed major international investors such as General Electric and Siemens AG; General Electric opened the 22.5-megawatt (MW) Sares wind farm and 10-MW Karadag site, and is scheduled to supply turbines to Fina Enerji Holding AS; Siemens is contracted to supply turbines to a 50-MW wind farm, and the firm expects to be involved in further projects in 2014.
Earnings Season for Ten Clean Energy Stocks
The third quarter earnings season has been quite eventful for my Ten Clean Energy Stocks for 2013 and six alternative picks model portfolios, so much so that writing about them has taken a back seat to keeping up with the announcements. There were a number of earnings disappointments and earnings announcements which were in line with my expectations but the market treated like disappointments. These resulted in an overall decline of 2.5 percent for the portfolio since the last update, even as my industry benchmarks, the Powershares Wilderhill Clean Energy (PBW) and my small cap benchmark (IWM) were up 1.0 percent and 3.9 percent over the months since October 15th.
What the Energy Future Looks Like: West Village, University of California at Davis
In the global competition for appealing clean energy solutions, a leading entry is the new West Village at the University of California at Davis (UC Davis), which today celebrated significant progress toward its goal of becoming the largest planned “zero-net energy” community in the United States.