After two weak months, June brought a strong recovery to clean energy stocks and the market in general. The broad market benchmark IWM put on 7.2 percent, reversing its previous loss for the year to enter the 4th of July holiday up 4.7 percent. My clean energy benchmark PBW shot up 8.6 percent, for year […]
In an effort to seek out and give financial help to innovative technologies that reduce energy use and encourage the uptake of renewable energy, the U.S. government last week announced that it was making $4 billion available in loan guarantees. The money, which is provided by the Loan Program Office (LPO), is for innovative renewable […]
Emerging economies, especially India, desperately need a novel, suitable electricity solution; alas, what exists is a hundred years old and unsuited for our times. This situation is frustrating because affordable, clean, 100 percent electrification, technologically speaking, is at hand yet no one has stepped forward to lead.
While Charlotte, N.C., is perhaps best known as a financial center, with big institutions like Bank of America and Wells Fargo dominating the skyline, the area is also a major energy hub. The region is home to more than 260 companies and nearly 28,000 workers that are tied directly to the energy sector, including Charlotte-based […]
On June 23, the California Assembly Committee on Utilities and Commerce approved SB 1139 by a 8-5 vote and now heads to Assembly Appropriations Committee. The bill requires energy retailers to procure a combined 500 MW of geothermal power by 2024, and has been passed in the Senate.
Two new back-to-back reports from the U.S. Energy Information Administration (EIA) provide a snapshot of U.S. energy trends for the first months of 2014.
Russia’s current electric power generation capacity is estimated at more than 220 GW. Some energy experts, however, predict that without a major additional upstream investment, Russian gas supplies could fall short of projected domestic and export demand within the next few years.