Green Mountain Power has launched a contest to find energy companies and entrepreneurs to colocate at the utility’s headquarters in Colchester, Vt., and work to develop innovative energy products for consumers.
Last fall, the California legislature passed SB 350, a bill that will increase the state’s renewable energy generation to 50 percent by 2030 utilizing resources like wind, solar, biomass, and geothermal energy. This goal will be a first. No large-scale economy like California has ever attempted to transition to a grid powered in majority by […]
The Senate voted 85–12 April 20 to pass what could be the first broad energy bill in nearly a decade, putting in motion what is expected to be a formal conference to work out the differences with the House version of the bill.
The Imperial Irrigation District Board of Directors approved a lease agreement with Controlled Thermal Resources that will allow for the development of a new centralized geothermal power plant in the Salton Sea Known Geothermal Resource Area located in Southern California.
Developers now have more public financing options available to support the exploration and test drilling phases of geothermal development, where high risk traditionally has limited funding opportunities.
Papua New Guinea recently became the first country to formally submit the final version of its national climate action plan (called a “Nationally Determined Contribution,” or NDC) under the Paris Agreement. The small Pacific nation’s plan to transition to 100 percent renewable energy by 2030 is no longer just an “intended” nationally determined contribution (INDC) […]
A group of eight banks and investors pledged $7 billion to join Bank of America Corp.’s initiative that plans to raise at least $10 billion for investments in clean energy and sustainable development.