Archives for Energy
From the morning of Saturday, May 7, until late afternoon on Wednesday, May 11, Portugal ran entirely on renewables such as hydro and wind power. That four days without the use of coal or natural gas is a global record.
The Gates Foundation sold over 6 million shares of BP stock last year, valued at more than $187 million. It's a victory for the fossil fuels divestment movement, but will more institutional investors follow suit?
Donald Trump's views on renewables range from tepid acceptance to hostility. And while he does not have a clear energy plan articulated, clean-energy companies should be worried about a potential Trump presidency.
Food giant Mars Inc. announced it has entered into a partnership with Eneco Wind U.K. to buy electricity from Scotland's Moy Wind Farm for at least the next 10 years.
Opower claims its energy-efficiency software has saved consumers over $1 billion in electricity costs. On Monday, cloud-applications company Oracle announced that it would buy Opower for $532 million.
Despite the challenging economic and political environment in the Middle East, renewables -- especially solar power technologies -- are enjoying a surge, from the Mediterranean shores of North Africa to the posh cities within the oil-rich Gulf nations.
When the Masdar Initiative was first announced 10 years ago, it was greeted by a mix of excitement and skepticism. Masdar City's long-term plan has slowed down, frustrating many. But now the city, and Masdar's clean-energy deployment team, are on the move.
SunEdison filed for bankruptcy protection in New York yesterday. While some depicted the company's foibles as a symptom of bigger issues in the solar sector, experts say it was reckless ambition that led to its quick demise.
USAID is trying a different foreign aid approach worldwide, including in India. Last week the agency awarded $5 million in grants through its Development Innovation Ventures Program. Two of these awardees are piggybacking on other efforts to expand energy access in India by investing in clean-energy technology startups.
Oil ministers from OPEC countries met in Doha, Qatar, to see if they could all find a way to freeze production in order to bring price stability. But those talks ended in acrimony and with no agreement on prices.
One of the biggest steps post-COP21 will happen this Friday, April 22, at the United Nations' headquarters in New York, where representatives from both China and the U.S. will sign the Paris agreement at an official ceremony.
Last week, the managers of Norway’s sovereign wealth fund announced that its divestment from coal companies is well underway.