August 30, 2018

Facebook Pledges to Buy 100% Renewable Energy by 2020

Facebook announced a new commitment to contract renewable energy for all of its electricity consumption by 2020, including requiring new renewable energy projects on grids where its data centers are located. It's a jump from Facebook's previous 50-percent goal, which it met ahead of schedule last year.

August 29, 2018

China’s Biggest EV Maker Going Through Rough Patch

BYD, China's largest maker of electric vehicles, is struggling as the government reduces EV subsidies. While its EV sales were up last year, overall profits were down, and the company warns that the trend is likely to continue. BYD is backed by Warren Buffett's Berkshire Hathaway.

August 28, 2018

UK Carbon Emissions Up After Summer ‘Wind Drought’

Britain's long heat wave helped suppress windy conditions, leaving wind farms less effective than during a normal season. One result is that the country's carbon emissions rose this summer. Wind farm capacity is up more than 10 percent, but the share of electricity supply from wind decreased slightly.

Electric Cars Exceed 1 Million in Europe as Sales Soar 40%

There are now more than a million electric cars in Europe after sales grew by more than 40 percent in the first half of the year. Europe is hitting the milestone about a year after China, but ahead of the United States. Europen sales are on a pace to hit 1.35 million by the end of the year, analysts say.

August 27, 2018

Exxon Seeks Wind, Solar Power Delivery in Texas

Exxon, which has been slow to follow its rivals into renewable energy, has been looking to buy wind and solar power for delivery in Texas, people familiar with the matter tell Bloomberg. "If you're seeing the biggest oil and gas companies going out and making investments in clean energy, it shows that renewables are cost competitive," one analyst said. 

Rhode Island Seeks to Train Workers for Wind Industry Jobs

For each offshore wind project, 1,000 supply chain jobs are created, according to Rhode Island officials who want to train people for those jobs. A new state program called "Win Wind" works with schools to help train future workers, starting with exposure to renewable energy at the middle school level.

Why Elon Musk Reversed Course on Taking Tesla Private

In a sudden reversal, Tesla and its CEO Elon Musk said on Friday that they are abandoning the idea of taking the company private. Tesla has staked its future on making electric vehicles the transportation of choice — a vision that has made it the nation's most highly valued car company. 

August 24, 2018

August 23, 2018

Will Trump’s Rollback of Auto Standards Hurt Electric Cars? Views Are Mixed

The Trump administration's proposal to freeze vehicle emissions standards may be nothing more than a "small political hiccup" for electric vehicle sales, according to one leading expert. Others say the rules will lead to regulatory uncertainty that could slow the growth of this otherwise booming market. The Hill reports that EPA has cancelled three planned public hearings on its proposed auto emissions rule changes.

‘Renewable Majors’ Will Pioneer Green Energy Transition, says Orsted CEO

Danish offshore wind company Orsted aims to become one of a small number of "renewable majors" that will lead a global transition from fossil fuels to clean energy, the company's CEO says. The company is shedding its oil and gas business and largely phasing out coal while shifting its focus to a wind business that has installed about a quarter of global offshore capacity.

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