Funding for large-scale, solar energy projects across the globe grew immensely in 2013. According to a year-end report from Mercom Capital Group, corporations and undisclosed investors financed projects with about $5 billion more in 2013 than the year before. Large-scale project investments were $13.6 billion last year, compared to $8.7 billion in 2012. “While venture funding […]
The Earth Policy Institute listed the Cape Wind project as one of three possibilities for the first offshore wind farm in the U.S., and a recent agreement makes that even more likely. Siemens signed a contract before New Year’s that will allow the German company to supply the $2.6 billion Cape Wind farm with 130 turbines […]
One of the United Kingdom’s ministers wants the government to lead the way in deploying renewable energy—to the tune of 4 million solar panels. Energy Minister Greg Barker said he will announce plans in 2014 for the government estate and the rest of the United Kingdom, according to The Telegraph. “We need to make the government […]
The expiration of the wind Production Tax Credit has already become a certainty, leaving many in the industry racing against time in recent weeks to make sure they qualify. Projects have to be initiated before Jan. 1. As a result, companies are working around the clock to secure deals with turbine manufacturers and farm developers […]
Scotland is on the fast track to using 100 percent renewable energy by 2020. The country got 40 percent of its power from renewable sources last year—a 24-percent improvement from 2010. To show just how far behind the U.S. is from that mark, Juan Cole skips over a nation-to-nation comparison in favor of pitting the […]
Logo credit: New York Green Bank The State of New York jump started the deployment of renewable energy, green businesses and jobs this month with a $210 million investment. Governor Andrew M. Cuomo announced the funding this month for the creation of the New York Green Bank to encourage power projects that use clean energy […]
By Ryan Koronowski The U.S. House of Representatives has already gone on vacation back to their districts and the Senate effectively adjourned for 2013 on Friday, meaning that the one-year extension of the Wind Production Tax Credit (PTC) will expire on Jan. 1, 2014. The PTC is a $0.022 per kilowatt-hour tax credit on the power that new wind […]
The outside of the newly opened Whole Foods on Brooklyn, NY’s Gowanus Canal contains more examples of renewable energy and efficiency than some companies have throughout their entire operations. Solar and wind energy work together to completely power two Skypump electric vehicle charging stations and 19 LED streetlights. The Sanya SLSTM streetlights, by New York, NY-based Urban […]
By Lara Ettenson As 2013 draws to a close, it’s a good time to highlight how California is trying new ways to help homeowners, businesses, governments and industries cut energy waste while continuing a 40-year record of energy efficiency success. The state’s four largest privately owned and nearly 40 publicly owned utilities (with the help of […]
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