clean energy

Former Massachusetts coal plant to be transformed into clean energy center

This week, diversified real estate acquisition and development firm Commercial Development Company and transmission developer Anbaric said they plan to build a renewable energy center at Brayton Point Commerce Center in Somerset, Massachusetts. The site is the former home of the Brayton Point Coal Plant, the cooling towers for which were demolished two weeks ago. (video of demolition at the end of article at this link).




clean energy

Utah clean energy storage project to combine hydrogen, salt dome assets

Herbert was joined by Mitsubishi Hitachi Power Systems (MHPS) and Magnum Development at the event to detail the Advanced Clean Energy Storage (ACES) project in central Utah. They called it the largest such energy storage project in the world.




clean energy

New York to pass 'one of the most aggressive clean energy mandates in the country'

New York is poised to pass its own version of the Green New Deal with a climate bill that would more than triple the state’s solar capacity and aggressively promote development of wind farms off the state’s coast.





clean energy

Women are missing out on the clean energy job boom in America

While the industry is welcoming more women leaders, its rank-and-file workforce is still a lot like those at fossil-fuel companies: white and dominated by men. The lack of gender diversity is being driven by manufacturing jobs, and that means women are now missing out on the biggest jobs boom America has to offer.





clean energy

Hawaiian Electric Companies issue largest clean energy procurement to date; aim to end coal use, replace oil

Last week, the Hawaiian Electric Companies began Hawai‘i’s largest procurement effort for renewable energy resources to end the use of coal and reduce reliance on imported oil for power generation, moving the state closer to its goal of using 100 percent renewable energy by 2045.




clean energy

Road Map to Clean Energy and Climate Initiatives in New York's 2014 State of the State Report

Curbing global warming emissions and building the clean energy economy are critical to New York State’s future and the health and well-being of all New Yorkers. In this week’s State of the State event, Governor Cuomo announced some significant new clean energy and climate initiatives.




clean energy

The Pros' Clean Energy Picks: Solar Dominates, Emerging Markets Drag

In December, I asked my panel of professional green money managers for their top three stock picks for 2014. You can find the full list and descriptions of the companies here.




clean energy

China Reiterates Plans to Boost Clean Energy

China, the world’s biggest investor in renewable energy, reiterated plans to boost construction of solar and wind power plants along with projects to transmit electricity from the clean sources.




clean energy

Ten Clean Energy Stocks For 2014: August Update

July was a hard month for the stock market and clean energy stocks in particular. My broad market benchmark of small cap stocks, IWM, fell 7 percent and is down 2.7 percent for the year, while my clean energy benchmark PBW fell 9% and has slid into the red for the first time. It is down 0.1 percent for the year to date.




clean energy

EVs and Energy Storage Pave the Road to a Clean Energy Future

“The times they are a' changin'.” So goes Bob Dylan's classic song from the '60s, and that's certainly the case when it comes to how we generate, distribute, use and store electricity. Having made great strides in enhancing performance and reliability and reducing costs, growing government support and incentives for intelligent energy storage solutions adds significant impetus to the growing wave of change sweeping across the U.S. power sector.




clean energy

Abengoa Offers Its First Green Bond to Raise 500 Million Euros for Clean Energy Projects

Abengoa SA, a Spanish energy and environment company, plans to issue its first green bond to raise 500 million euros ($642 million) to finance projects.




clean energy

US-China Rifts Put Aside for Clean Energy Research

The threat of climate change is driving China and the U.S. — frequent rivals and the world’s two largest greenhouse-gas emitters — to collaborate on dozens of potential clean-energy breakthroughs.





clean energy

New Poll: New Yorkers Overwhelmingly Support Fracking Moratorium — And Clean Energy

Last month, NRDC engaged a nationally recognized opinion research firm to conduct polling in New York State to evaluate public attitudes about fracking and clean energy. Importantly, this is the first statewide poll in at least two years — and perhaps ever — to directly ask residents their views of the now six-year-old de facto moratorium on fracking.




clean energy

Leaked Internal Presentation Details the Oil Industry's Campaign to Stop Clean Energy

The Western States Petroleum Association (WSPA) — whose members include Chevron, ExxonMobil, Shell, ConocoPhillips, BP, and others — was caught red-handed late last month when a leaked internal presentation revealed a coordinated campaign to stomp out climate and clean energy progress in California, Oregon and Washington by propping up over 15 front groups that purport to represent the views of concerned citizens and the broader business community.





clean energy

Japan's Prime Minister Re-Election Risks Undercutting Clean Energy Push

Shinzo Abe’s re-election as prime minister risks undercutting Japan’s commitment to clean energy at a time when incentives are under review and the nation’s utilities say they can’t accommodate capacity already planned.




clean energy

Transforming the Grid with Clean Energy — Reliably — Every Day

Despite years of successful experience, dozens of studies, and increasing utility support for clean energy, urban myth holds that electricity from renewable energy is unreliable. Yet over 75,000 megawatts (MW) of wind and solar power have been integrated, reliably, into the nation’s electric grid to date. That’s enough electricity to supply 17.9 million homes.




clean energy

Ten Clean Energy Stocks For 2015

2015 marks my seventh annual list of ten clean energy stocks. An equal weighted portfolio of the ten stocks in each year's list has outperformed my industry benchmark every year except 2013. 2014 was no exception, but it was a bittersweet victory in that the model portfolio was slightly down while the benchmark lost considerably more in a very challenging year for clean energy stocks.




clean energy

India Clean Energy Investments Rose 13 Percent to $7.9 Billion in 2014

Clean energy investments in India increased to $7.9 billion last year and are expected to surpass $10 billion in 2015.




clean energy

The Promise of Clean Energy Student Entrepreneurs

Cleantech investing has taken quite a hit in recent years. Last year, CBS News highlighted the “cleantech crash” on U.S. primetime television, and Bloomberg New Energy Finance, a Bloomberg-owned energy data firm, has tracked the multi-year decline in cleantech investing. However, there are additional trends that tell another side of the cleantech story and suggest innovation and hope for a low-cost, low-carbon future are far from gone.




clean energy

Protecting Workers and Communities During the Clean Energy Transition

When I worked at the New York Attorney General's Office, we sued coal-fired power plants because their air pollution was making people sick. But in some towns, I saw that the reliance on coal really had people in a bind. The coal plant was making them sick, but it was also a major tax generator for the town. If the plant closed, the town might have to lay off teachers and cops, in addition to losing the plant jobs.




clean energy

Market Forces Signal Clean Energy’s Watershed Moment

Business leaders have an important decision to make this year: to continue operating under the status quo or to join the list of successful companies creating a more sustainable future by contracting or investing in renewable energy and making a positive impact on their brand, customers, employees and bottom line.




clean energy

Ten Clean Energy Stocks For 2015: Marching Ahead

My Ten Clean Energy Stocks for 2015 model portfolio added a second month to its winning streak, with a 6.1 percent gain for the month and a 5.7 percent gain for the year, despite a continued drag by the strong dollar. If measured in terms of the companies' local currencies, the portfolio would have been up 7.5 percent for the month and 10.5 percent for the quarter or year to date. For comparison, the broad universe of US small cap stocks rose 1.5 percent for the month and 4.0 percent for quarter, as measured by IWM, the Russell 2000 index ETF.




clean energy

Clean Energy Spending Drops 15 Percent to Reach Lowest Level Since 2013

Global investment in clean energy slumped 15 percent in the first quarter to the lowest level in two years because of a decline in wind and utility-scale projects.




clean energy

100 Percent Clean Energy Goals: What Will It Take To Get There?

Here we are in 2019, with more than 100 U.S. cities and 140 large corporations having established 100 percent clean, carbon-free and/or renewable energy goals. In several states, newly seated governors campaigned on goals of 100 percent renewable energy, and congressional representatives have arrived in Washington positioning for a like-minded national proposal.




clean energy

Global Clean Energy Spending Dips in 2018 But Installations Rise on Lower Prices

Global funding for clean-energy projects sagged in 2018 after China’s decision to curb subsidies dragged down installations in the world’s biggest solar market.




clean energy

Non-profit urges UK government to make workforce diversity a priority in clean energy

A new paper is being launched today at the House of Lords in London that challenges government, regulators and companies working on clean energy to make gender diversity a key priority. The paper has been produced by the EWiRE network, set up by Regen to provide a vibrant network for women working in clean energy.




clean energy

Saratoga Wind Farm now delivering 66-MW of clean energy for MGE

Last week Wisconsin’s Madison Gas and Electric's (MGE) said its 66-MW Saratoga Wind Farm is fully operational and delivering energy to the electric grid. MGE and Vestas – the company that built the turbines – have completed testing of the turbines and electrical systems, and the wind farm is fully online.




clean energy

Idaho Power sets goal for 100-percent clean energy by 2045; signs record-low solar PPA

Idaho Power unveiled a goal Tuesday to provide 100-percent clean energy by 2045 on the heels of an announcement that it will purchase 120-MW of solar energy through a PPA with Jackpot Holdings at a price of less than US $0.022 cents per kWh.




clean energy

Apple says 44 of its suppliers have made clean energy commitments

Global manufacturer Apple today announced it has nearly doubled the number of suppliers that have committed to run their Apple production on 100 percent clean energy, bringing the total number to 44. Because of this partnership between Apple and its suppliers, Apple will exceed its goal of bringing 4 gigawatts of renewable energy into its supply chain by 2020, with over an additional gigawatt projected within that timeframe.




clean energy

Mayor: PG&E assets are ‘great’ opportunity to bring clean energy to San Francisco

San Francisco Mayor London Breed wants to use PG&E Corp.’s bankruptcy to take over some of the company’s assets for the city’s power needs, a move that would shake up California’s largest utility and remake the state’s energy landscape.





clean energy

General Mills inks 200-MW Clean Energy PPA for Texas wind power

The wind farm will produce renewable energy credits that, combined with the company’s previous agreement, should equal 100 percent of electricity used annually at General Mill’s domestic facilities.




clean energy

Clean energy engineering experts share blueprints for zero-emission buildings

Buildings account for nearly four-tenths of U.S. energy consumption through heating, cooling and other electricity use, according to the Energy Information Administration. And if that energy comes from fossil fuels, it releases more greenhouse gases that drive human-caused climate change.




clean energy

Washington becomes fifth state in the US to aim for 100 percent clean energy

This week in Seattle, Washington, Senate Bill 5116 was signed into law in by Governor Jay Inslee after passing the state legislature earlier this month. This bill cuts out coal power by 2025 and requires an equitable transition to 100 percent clean electricity for the entire state by 2045.




clean energy

Enel joins Boston’s Greentown Labs to scout for clean energy startups

This week, Enel S.p.A. announced the opening of its newest Innovation Hub in Boston at Greentown Labs, the largest cleantech startup incubator in the United States. The Hub will provide Enel, one of the world’s leading power companies, access to Greentown Labs’ startup community and innovation expertise.




clean energy

Former Massachusetts coal plant to be transformed into clean energy center

This week, diversified real estate acquisition and development firm Commercial Development Company and transmission developer Anbaric said they plan to build a renewable energy center at Brayton Point Commerce Center in Somerset, Massachusetts. The site is the former home of the Brayton Point Coal Plant, the cooling towers for which were demolished two weeks ago. (video of demolition at the end of article at this link).





clean energy

Women are missing out on the clean energy job boom in America

While the industry is welcoming more women leaders, its rank-and-file workforce is still a lot like those at fossil-fuel companies: white and dominated by men. The lack of gender diversity is being driven by manufacturing jobs, and that means women are now missing out on the biggest jobs boom America has to offer.





clean energy

Lincoln Clean Energy: Texas' Lockett Wind project commercially operational

The Lockett Wind farm in Wilbarger has the potential to generate more than 700,000 MWh of renewable energy per year, enough to power the equivalent of 70,000 homes. 




clean energy

Small Missouri utility proposes big pivot to clean energy in latest resource plan

Missouri’s smallest investor-owned utility is charting a dramatically different course two years after being acquired by new owners.




clean energy

Virginia looks to New York green bank for possible clean energy financing

Virginia’s energy office is exploring whether to align the state with a billion-dollar New York clean energy financing program.




clean energy

Clean energy investment set to hit $2.6 trillion this decade

The global energy supply is turning greener.




clean energy

2013 Draws to a Close: Clean Energy Scorecard

Global private capital renewable energy investments are still above $250 billion for 2013. While the final numbers are not in yet, 3rd quarter global renewable energy investments, according to Bloomberg New Energy Finance’s latest data on deals and projects, notes slightly lower global investment than in 2012 due faltering “political will to decarbonise energy mix.” They further note that the third quarter’s decline in investment will push the year’s overall investment in renewable energy and energy-smart technologies down below 2012's $281 billion. But $250+ billion ain’t shabby.




clean energy

Top US Clean Energy and Climate Breakthroughs in 2013

The United States broke one record after another for extreme weather in 2013. From deadly floods in Colorado to prolonged drought across the Southwest, Americans saw what unchecked climate change can do to our communities. But we also witnessed another kind of powerful force: real and positive climate action.




clean energy

Clean Energy Investment Rises in Several Countries Amid Global Decline

Three G-20 nations saw an increase in clean-energy investments last year even as funding declined globally for the second consecutive year, according to The Pew Charitable Trusts.