Today, NRG Energy, Inc. (NYSE: NRG), MidAmerican Solar and First Solar, Inc. (Nasdaq: FSLR) announced that the 290-megawatt AC Agua Caliente solar project, currently under construction in Yuma County, Ariz., is more than two-thirds complete and delivering more than 200 megawatts to the electric grid. The Agua Caliente project is the world's largest operating photovoltaic power plant.
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“Renewable energy has come of age.”
That’s how Maria van der Hoeven, executive director of the International Energy Agency, explained to reporters last week why, for the first time in its history, the oil-focused IEA would be producing medium-term market reports on sources like solar, wind, biomass and other forms of non-hydrocarbon-based sources of power.
Despite the Legislature's suspicion toward the solar industry, photovoltaic technology can power a new statewide economic expansion.
There are no electric poles on the tiny island village of Baleswar in Assam's Nalbari district of Assam. Even then, you can see people using fans and lights, charging their cell phones and even operating computers! All thanks to solar power.
Renewable energy in the commonwealth has skyrocketed since 2007. And in 2011, the American Council for an Energy-Efficient Economy declared Massachusetts the most energy-efficient state in the country. California had held the honor since 2006.
Renewable energy policy has seemingly been on the hot seat since late summer. As early as today, it will finally find out how much political backing it has with a series of votes on Capitol Hill.
Green energy may be losing momentum inside the Beltway. But officials in the heart of Silicon Valley are betting on the sun.
Under overcast skies, Patti Jarrett learned she had a nearly ideal roof for the 3.29-kilowatt solar energy system she planned to lease. South facing. Good tilt. Little shade.
An average American's greenhouse gas emissions begin to decrease around age 60. Retirees aren’t struck by a sudden commitment to the environment, but because they're not working full-time, they drive less. They might buy fewer clothes. They move into a smaller house. Now, two companies are betting that the promise of ditching electric bills for the rest of their lives will compel them to choose a net-zero energy house, too.
Google (GOOG) is stepping up wind-power purchases to reduce emissions, even as it devotes most of its renewable energy investments to sun-related projects, a trade-off aimed at reining in costs as the company seeks higher returns.