Tag Archives: business


5 Reasons Clean Energy Technology is Booming

5 Reasons Clean Energy Technology is Booming

You may have heard about the recent 60 Minutes segment that inexplicably reported the cleantech sector was in steep decline. There are quite a few reports out there breaking down the many fallacies of that segment, with most correctly concluding the sector is not dead, it is in fact booming and evidence of that surging momentum is everywhere you look. Consider these


U.S. Solar Market Grows 41% in 2013

Continuing its explosive growth, the U.S. solar market had a record-shattering year in 2013. According to GTM Research and the Solar Energy Industries Association’s (SEIA) Solar Market Insight Year in Review 2013, photovoltaic (PV) installations continued to proliferate, increasing 41% over 2012 to reach 4,751 megawatts (MW). In addition, 410 MW of concentrating solar power (CSP) came


Why Facebook Wants A Solar Drone Company

A rumor’s been swirling around the Internet this week that Mark Zuckerberg and Facebook are interested in acquiring solar-powered drone maker Titan Aerospace. The social media giant is rumored to be interested in the drone company to make the Internet truly mobile. Such a purchase could be part of the Internet.org initiative, which seeks to


California Green Bank are Coming

Two weeks ago, State Senator Kevin de León introduced a bill to establish the first “Green Bank” in California, a bold proposal that would unleash low-cost financing opportunities for clean energy projects throughout the Golden State. I recently had the opportunity to testify at a hearing on the bill to discuss the best practices for green banks


Tesla’s Giga Factory Will be INSANE

Tesla CEO Elon Musk provided some more details on the proposed battery factory: Pioneering EV maker Tesla just announced a $1.6 billion convertible debt offering. Tesla looks to offer $800 million of convertible senior notes due 2019 and $800 million due 2021 to build the world’s largest battery factory. Musk predicts that the new factory


The Ivanpah Solar Thermal Project is INSANE

Seven. The number of days in the week? The number of deadly sins? Yes, the correct answer to both of those questions is indeed “seven,” but that’s not what I’m getting at here. Instead, I’m referring to the number of times that NRG President and CEO David Crane has visited the 392-megawatt Ivanpah solar thermal power plant,


Top 5 Famous Solar Sites

Some of the most recognizable locations in the world are now becoming world famous solar sites. Solar has yet to go mainstream, but it serves as an icon of progress and technological advancement. Iconic structures and locations – new and old – across the globe are going solar and are reinforcing solar’s iconic nature. The


Solar Enters Retirement Portfolios

Today’s life expectancy in America is eight years longer than it was in 1970. That’s eight more years to enjoy retirement; and eight more years of savings to put away. In a challenging economy, there are various factors that can threaten a comfortable retirement, such as declining property values and interest rates, higher living and health


Tesla Trying to Recall the Recall

Tesla’s big wall charger adapter replacement program is about to get a lot bigger. For one thing, the replacement has become an official recall. Secondly, the number of affected adapters is higher than expected: 29,222 units. The National Highway Traffic Safety Administration officially announced the recall today. Tesla says that the problem lies in “certain NEMA 14-50 (240 volt) Universal Mobile


Mosaic: Getting The Crowd to Fund Solar Power

Mosaic, which was founded in 2011 but started collecting investors’ cash just this year, is attracting individuals who want to support environment-friendly causes and get a decent investment return. Mosaic has so far taken in about $6 million of such funding, which it uses, along with financing from other sources, to make loans to owners


Are Home Owners Overpaying for Solar?

A recent analysis of nearly 17,000 projects reported to the California Solar Initiative has revealed a 40% average difference in the prices that solar contractors charge customers. It is a buyer beware market, with some solar contractors charging nearly double the price of others. From July through December of 2013, the average residential and small

Clean Trillion Report Cover

The 2014 Clean Trillion Report

More investment is needed to avert the worst impacts of climate change. Without such investments we will not be able to avoid a temperature increase of more than two degrees Celsius (2 °C) above pre-industrial levels (this is the upper threshold agreed upon by scientists and governments in 2010). On Wednesday January 15, the non-profit


Conergy Launches $100M Commercial Solar Fund

Germany’s Conergy, which like SunPower, both manufactures and installs soar arrays, today announced (Jan. 14) that it launched the Conergy Fund I program, a $100 million fund to support the development of large-scale projects in the U.S. The fund will finance solar projects between 500 kilowatts and 25 megawatts in size. “The Fund is ideal


Google Hearts Wind Power

Google announced yesterday that it has ponied up $75 million for a wind farm in Carson County, TX. In it’s lock box of wind farm assets, this is number 15 for the Internet giant. Patterson Energy Group (NASDAQ:PEGI), one of my top picks for 2014, is developing the project, which provides enough juice to power 56,000