Article courtesy of RMI.By Katie Siegnerm, Mark Dyson, & Gabriella Tosado Despite serving only 13 percent of US electricity load, electric cooperatives loom large in conversations about the US energy system’s past, present, and future. The initial vision for nonprofit electric co-ops dates back to the New Deal, when the Rural Electrification Act of 1936 authorized
Environment
A coalition composed of the Institute For Local Self-Reliance, Solar United Neighbors Action, the Initiative For Energy Justice, and Solar United Neighbors has created a white paper urging the federal government to create policy and funding initiatives that would support the addition of rooftop solar to 30 million US homes. The proposal claims the 30
A campaign to increase philanthropic funding of environmental groups led by people of color is gaining momentum, but the vast majority of major donors still decline to make hard commitments, the AP reports. Donors of Color Network, the group leading the campaign, is pushing major funders to commit to releasing funding data and direct 30% of their
Sunseap Group is a solar energy system developer, owner, and operator in Singapore, with over 2000 megawatts (peak) of solar energy projects contracted across Asia. This week, Frank Phuan, co-founder and chief executive of Sunseap, told Reuters his company plans to build the world’s largest floating solar farm near the city of Batam in Indonesia,
Originally published on ILSR.org. Governor Michelle Lujan Grisham signed the Energy Transition Act (SB 489) in 2019, which introduced the idea of a community solar program, and also mandated that New Mexico move to 50% renewable energy by 2030. However, New Mexico’s community solar program was truly born in 2021, when the Community Solar Act
The Australian government is keen on an economic recovery from covid that is led by gas — used domestically and also sold to our Asian trading partners. Gas, they say, is the bridge to a cleaner future. They promote and fund gas over any form of renewable energy. Australian conservative politicians at the federal level
The U.S. Department of Energy Solar Energy Technologies Office is funding the American-Made Challenges: Perovskite Startup Prize, a two-stage, $3 million prize competition designed to accelerate the development and manufacturing of perovskite solar cells by moving world-class research out of the lab and into new U.S. companies. Competitors who advance from the first stage to the second
Bitcoin is a digital currency. Whether that is a good thing or not is beside the point. What is important is that as a creature of the digital world, it relies on servers powered by electricity for its existence — a lot of them. Even though the use of renewable energy has surged in the
In this article .VIX Market bull Art Hogan is looking beyond the trading week’s rough start. The National Securities chief market strategist expects the violent moves will set the stage for a massive comeback that will prompt him to hike his S&P 500 year-end target. “Here we are with everything for sale in a risk-off
Today, the U.S. Department of Energy (DOE) announced that five small businesses will each receive $1 million to advance their solar energy technology innovations. The projects address a range of solar industry market needs, including cybersecurity, floating solar, energy systems for manufactured homes, low-cost manufacturing, and module performance. As part of Small Business Innovation Research and Small Business
A detail of the pilot carbon dioxide (CO2) capture plant is pictured at Amager Bakke waste incinerator in Copenhagen on June 24, 2021. IDA GULDBAEK ARENTSEN | AFP | Getty Images LONDON — Carbon capture technology is often held up as a source of hope in reducing global greenhouse gas emissions, featuring prominently in countries’
In this article XME HAL XLE @CL.1 Crude oil held below $70, a key psychological level, on Tuesday. The oil market bore the brunt of a major sell-off on Wall Street to begin the week with the spread of the Covid delta variant raising fears of a slowdown in the economic recovery. OPEC and its
In this article GSBD Pump jacks operate in front of a drilling rig in an oil field in Midland, Texas. Nick Oxford | Reuters A panic-induced sell-off in the oil market triggered by virus concerns has thrown the commodity’s upward march into question — but energy experts at Goldman Sachs don’t appear to be rattled.
Power plant querbeet | E+ | Getty Images Only a small chunk of governments’ recovery spending in response to the Covid-19 pandemic has been allocated to clean energy measures, according to the International Energy Agency, with the Paris-based organization forecasting that carbon dioxide emissions will hit record levels in 2023. Published on Tuesday, the IEA’s
Solar power and wind power continue to dominate new power capacity additions in the United States. Following the trend of recent months — or years, to some extent — almost 100% of new power capacity additions in April came from solar and wind, and 94% of new power capacity additions in May came from solar
Originally published on Future Trends. Welcome to another issue of our new India x Cleantech series! On a monthly basis, we are pulling news from across clean technology sectors in India into a single, concise summary article about the country. Cleantech Investments Acme Sells Stake In 250-Megawatt Solar Power Project To Foreign Investors Acme Cleantech
Originally published at ILSR.org Our new report finds that installing rooftop solar panels and community solar systems to serve the equivalent of 30 million American homes would create significant economic benefits — including 1.77 million jobs and $69 billion electricity bill savings over the next five years — while addressing the climate crisis and historic inequities. The
The Morongo Band of Mission Indians will own the portion of a $740 million Southern California Edison transmission project that will carry renewable energy across tribal lands, Indian Country Today reports. The innovative agreement will enable the tribe to earn revenue from the transmission lines well into the future while saving SoCal Edison as much
Oil derrick pumps operate at the Inglewood Oil Field in Culver City, California, on Sunday, July 11, 2021. Kyle Grillot | Bloomberg | Getty Images LONDON — The International Energy Agency on Tuesday warned that world oil markets are likely to remain volatile following a breakdown in talks between OPEC members and their non-OPEC allies,
In this article VOW3-DE 7201.T-JP RNO-FR TSLA Alex Kraus | Bloomberg Creative Photos | Getty Images A planning application for a major new gigafactory in central England has been submitted, with those behind the project claiming it could generate 6,000 jobs and tens of thousands more across the supply chain. The proposals for the factory
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