Tag Archives: bloomberg
Bloomberg: Bullish on Solar through 2014
Over the next two years solar power can be expected to move closer to grid parity. In 2012, despite obstacles, solar power continued to grow. In 2013 and 2014 we should see surprisingly strong growth in the photovoltaic (PV) industry. One of the major obstacles faced by solar PV manufacturers is the higher costs of [...]
WOW: China’s Clean Energy Output Increases 48%
Bloomberg reports that China has increased its clean energy output from October 2011 to October 2012 by 48 percent. The country now generates 92.1 billion kilowatt-hours (kWh) of clean energy. China’s State Electricity Regulatory Commission (SERC) issued a statement last week that clean energy sources, including hydro and nuclear plants, equals 20.4 percent of electricity. [...]
Crowdfunding A Solar Project
We have enough solar resources in the United States to power the whole country many times over. And yet, most of us are still not getting our power from the sun. Even with leases making solar affordable for more people, many others are still left out of the equation — including low-income families, renters, and [...]
Solyndra: Solar’s Poster Child For Failure
If solar industry had a poster child for failure, Solyndra is to solar as Jared Fogle is to Subway. Yes, solar had its share of flops, failures, and fiascos. Wall Street bashes the solar manufacturers for its low margins, huge debts, and of course, its constant political war different countries around the world. On top [...]
What Clean Energy Bubble?
There was a clever headline in the satirical newspaper The Onion last week that wouldn’t be so humorous if it wasn’t true. “300 Million Without Electricity In India After Restoration Of Power Grid,” the headline read. The article was referring to the massive power outage across India last Tuesday that cut electricity to 670 million [...]
“The Secret to Solar Power” from the NYT Times Magazine
If you haven’t read the Sunday New York Times Magazine piece, “The Secret to Solar Power,” we strongly recommend that you check it out, as it’s an important one for the industry. Among other things, it pushes back on critics of clean energy, who often brush the whole industry with a broad, “Solyndra” brush. It [...]
The Philippines Passes Renewable Energy FiT
In a historic day for renewable energy in The Philippines, the country approved a feed-in tariff (FiT) that convers small hydro, biomass, wind, and solar. It postponed including ocean energy for further study. The government previously announced the FiT for geothermal separately, in what it calls a “geothermal crash program.” It raised the rates to provide incentives to [...]
58% of Bloomberg HQ Powered by Solar
Bloomberg’s headquarters in New Jersey now has a 1.8 megawatt (MW) solar system, providing 58% of the electricity for the 100,000-square-foot building. The ground-mounted solar array covers eight acres and was built by SunPower Corp. (SPWR). Bloomberg is buying the power generated from the system at below retail rates, providing a long-term hedge against rising [...]
Bloomberg Statistics: Clean Energy Growing Fast
This list of sustainability indicators by Bloomberg illustrates several important points related to energy, including how much the most highly profitable and polluting industries on the planet live off our tax money. Take these two numbers, for instance: $409 billion: “worldwide government subsidies given to the fossil-fuel industry in 2010.” $66 billion: “global subsidies for [...]