Tag Archives: natural gas
SolarCity Raises $500M
SolarCity (Nasdaq: SCTY), a provider of distributed energy, just announced a $500 million lease financing agreement with Goldman Sachs (NYSE: GS). That translates to more than 100 megawatts of solar power. The combined lease is the largest of its kind for U.S. residential rooftops. SolarCity allows consumers to get electricity from grid-tied solar rooftops at [...]
Oil Prices and Renewable Energy
The long-term prospects of solar, wind and other clean sources of energy are tied to the cost of fossil fuels. The artificially low price of oil makes it harder for renewable sources of energy to compete. Subsidies drive down the price of petrochemicals, but the true costs are not reflected in crude oil prices. Investors are [...]
Net Metering: Whats Not to Like?
There’s been a lot of talk lately about net metering. What’s so special about net metering, and why all the fuss? Net metering is a simple concept that’s policy in 43 states. It’s like rollover minutes on a cell phone bill — it lets utility customers who install solar systems feed energy they generate into [...]
Bloom Energy Raises Another $130M
Fuel cell “startup” Bloom Energy just raised $130 million more in venture capital, according to a scoop from Fortune. That takes the VC funding to beyond $1.1 billion for this firm and makes it one of the all-time leaders in VC funding. Along with Fisker and Solyndra — not exactly great company. According to [...]
The Solar Rooftop Boom in NYC
Things move fast in the city that never sleeps and solar’s been keeping pace. By the end of 2012, the amount of rooftop solar photovoltaic installations in New York City had boomed to 14 megawatts from 5.5 megawatts at the end of 2011—an increase of 8.5 megawatts in a year. That’s according to recent data [...]
“LNG In A Box” from GE
GE Oil & Gas introduced last week a new small-scale, plug-and-play, re-deployable liquefied natural gas (LNG) fueling system that could accelerate the transition from diesel to cleaner liquefied natural gas fuel. The world’s first commercial application of the LNG In A Box system will be for LNG fueling stations in Europe to be delivered by [...]
Renewable Energy on the Rise for 2013
The Federal Energy Regulatory Commission or FERC has released its latest report on the U.S. Energy Infrastructure Update. According to the report, 82% of all new electrical generating capacity in the U.S. in the first quarter of 2013 came from renewable energy sources. This totals to 1,546MW of generated electricity, with a balance of 340MW [...]
WTF? NASA Claims Nuclear Power Saves Lives
Have the dangers of nuclear power been overhyped? If former NASA scientist and climate activist James Hansen is to be believed, the use of nuclear power over the past few decades has actually saved lives. A recently-published paper by two researchers at NASA‘s Goddard Institute of Space Studies has run the numbers and found that, despite [...]
POLL: Americans Want More Solar
A new poll by Gallup finds that across the U.S. more citizens want a greater emphasis on domestically produced solar, wind and natural-gas fired electricity. Guess which option was the most popular? Solar, by an overwhelming 76 percent. It was the most popular option among more than 1,000 individuals polled across the U.S. by Gallup in [...]