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On Thursday, the Biden administration announced the latest in its renewable energy efforts, this time focused on a technology that hasn't really arrived yet: floating offshore wind turbines.
Ars Technica
From motor magnets with toxic histories to batteries made using copious fossil-fuel power, many challenges face carmakers seeking to purge dirtier materials from their supply chains to satisfy regulators and investors. Advanced Electric Machines (AEM) in northern England, which is working with Volkswagen luxury brand Bentley and others in the auto industry to develop recyclable electric motors free of rare earth metals, which are often produced using polluting chemicals.
Reuters
Verizon continues to be a leading corporate buyer of US renewable energy, announcing seven new Renewable Energy Purchase Agreements (REPAs) for an aggregate of approximately 910 megawatts (MW) of projected renewable energy capacity. These agreements position the company to achieve its goal to source or generate renewable energy equivalent to 50% of its total annual electrical consumption by 2025.
Company release
Europeans got more of their electricity from renewable sources than fossil fuels for the first time last year, according to an annual report from Ember and Agora Energiewende.
CNN
In some parts of the world, solar power is now the cheapest source of electricity in history, thanks to policies encouraging renewable energy growth. That's according to a new report released today by the International Energy Agency (IEA).
The Verge
Infineon Technologies, Europe's biggest chipmaker by revenue, agreed to buy Cree's Wolfspeed Power unit for $850 million to expand in fast-growing markets such as electric cars, renewable energy and the Internet of Things.
Bloomberg
According to reports, Iraq plans to channel US$1.6 billion over the next three years into solar and wind power, with the aim of adding 400MW to the national grid.
PV Magazine
According to a recent UN report, the number of renewable energy jobs doubled globally between 2007 and 2011 and millions more will be employed in the sector over the next 20 years.
Energy Matters
The San Mateo, Calif., company said it filed confidential draft registration documents last week with the Securities and Exchange Commission. It was unclear when the company planned to file public registration documents and when it plans to go public.
The Guardian
Solar panel installations have fallen by almost 90% in the weeks since the government halved cut the subsidy available, according to Department of Energy and Climate Change figures.
The Guardian
The National Solar Mission, which aims to install 20,000 MW capacity of solar energy by 2020, has commissioned 89% of its allotted capacity in its first stage, government officials said.
Economic Times
German Chancellor Angela Merkel's effort to create jobs in renewable energy is faltering as subsidy cuts and competition from Chinese manufacturers forces the industry to stop hiring for the first time in eight years.
Bloomberg
Economist
NRG Energy, First Solar and MidAmerican Solar representatives gathered to connect the first 100MW of the 290MW Agua Caliente Solar Project to the grid. The project is owned by NRG Energy and MidAmerican, while operator First Solar designed and constructed the plant in Yuma County, Arizona, using thin-film modules.
PV-Tech
South Korean conglomerate Hanwha Corp. and ESB Novusmodus LP, a fund backed by Irish state utility Electricity Supply Board, led a $15.5 million Series B investment in closely held TenKsolar Inc.
Bloomberg
Company release
Company release
German solar installations may have more than tripled in the first quarter from a year ago, the country's deputy environment minister said.
Bloomberg
Some domestic solar manufacturers praised the recent import levy as a victory for job creation, but an analysis of the industry suggests the duty may actually be a job killer.
LA Times
A Japanese government panel is likely to recommend utilities pay 42 yen (51 cents) per kilowatt-hour (kwh) for solar power supplies in a feed-in tariff scheme, in line with requests by the solar power industry, the Nikkei business daily said
Reuters
A DWP pilot program will let solar power producers reduce their bills and sell excess energy, but some say they're worried the new system will be plagued by the same problems as an older system.
LA Times
Independent environmental organization Greenpeace is in the midst of a disagreement with Apple after giving the tech giant and others like Amazon and Microsoft low Clean Energy Index scores.
Daily Tech
San Francisco Chronicle
Federal subsidies for renewable energy in the US are set to collapse unless there is a change in policy, according to a new analysis from researchers at three think-tanks.
Finacial Times
17 Apr 201216 Apr 2012
New York Times
Solar panels prices have kept marching lower this year, extending steep declines seen in 2011 and keeping pressure on hard-hit manufacturers who have struggled to eke out profits, industry experts said.
Reuters
Italy is to cut the tariff it pays to solar energy installations by 35% on average, according to decrees approved by the industry and environment ministries.
Environmental Finance
Italy will scale back financial incentives for solar and other renewable energy that have inflated consumer power bills more than expected, and also will raise national renewable energy targets for 2020, two ministers said on Wednesday.
Reuters
With Indian receiving $10.2 billion investments in clean energy, the country has emerged as one of the top performing clean energy economies in the 21st century, an eminent American non-profit organisation said in a report.
Times of India
BrightSource Energy, the California solar thermal power plant builder backed by Google, NRG Energy, Morgan Stanley and other heavy-hitters, abruptly pulled its initial public offering on the eve of its planned debut Thursday, citing "adverse market conditions."
Forbes
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