June 27, 2018

Australia Set to Get One-Third of Power from Renewables by 2020

Australia is on track to get one-third of its power from renewable sources by 2020, which would be near double what was in place in 2015, according to a new report. The country is seeing a dramatic increase in wind and solar construction, and elected officials are discussing how to encourage and manage the transition. 

June 26, 2018

New Solar Farm Combines Clean Energy and Beehives

A new solar farm near Medford, Oregon, is using the spaces between panels for beehives. The farm's operator is trying to change the culture of solar power by focusing on the surrounding environment. The farm's land has native flowers and 48 beehives, part of a plan to help pollinators.

June 25, 2018

IRS Issues Guidance for Solar Companies Seeking Tax Credit

Developers of solar power and some other renewable energy projects got important new guidance from the Internal Revenue Service that should give them more flexibility. Companies can get the full 30 percent investment tax credit if they start significant physical construction or incur at least 5 percent of the project's costs by the end of 2019 and have the project in service by 2024.

June 22, 2018

Tesla to Close a Dozen Solar Facilities in 9 States

Tesla is closing about a dozen solar installation facilities in nine states and ending a retail partnership with Home Depot, all part of a previously announced cost-cutting plan. Tesla's solar division was once SolarCity, and the cuts will likely add to criticism of putting the two businesses together.

Financiers Could Unlock $1 Trillion in Renewable Energy Investment

Financial institutions say they could double their planned investments in the U.S. renewable energy sector, with the potential to mobilize $1 trillion by 2030, but growth will depend on policies and market signals. A survey of financial firms shows 58 percent say the lack of a federal policy driver after key renewable energy tax credits sunset is an obstacle.

June 20, 2018

Uber to Subsidize Electric Car Purchases by Its Drivers

Uber is launching a yearlong project in seven cities to help drivers pay to buy electric vehicles, part of a plan to burnish the company's environmental credentials. The cities are Los Angeles, San Diego, Sacramento, San Francisco, Seattle, Austin and Montreal, and the incentives will vary by city.

U.S. House to Debate Offshore Wind Lease Policy

A U.S. House committee will kick off debate next week on three bipartisan bills aimed at boosting offshore wind energy leases in federal waters. The proposals include requiring development of a leasing plan and providing funding for educational or career programs for the offshore industry.

China-Based JinkoSolar Moving Forward with Florida Plant

JinkoSolar says it is still on track to open a previously announced plant in Florida this year, despite an escalating trade dispute between the United States in China. Company officials say the plant's supply chain is set up in a way to minimize the negative effects of tariffs.

UK Throwing Away Lead in Tidal Energy, Developers Say

The UK is a world leader in capturing renewable energy from the oceans, but some tidal energy companies are heading for new shores over a lack of government support. A company that developed and tested floating tidal turbines in Scotland is taking its device to Canada, and the developer of the first large-scale tidal array connected to the grid is looking to France.

June 19, 2018

Pro-Solar Candidates on Rise in South Carolina

Candidates who support solar power have won primary elections in South Carolina in both parties, a sign that pro-solar policies might have a better chance in the future. The state hit a stalemate this year on a proposal to increase a cap on net metering. The solar industry has been arguing that the cap and other policies are harmful to the state's economy.

June 18, 2018

Facebook Twitter RSS