The wind and solar industries hope demand for carbon-free power from U.S. cities, states and corporations can offset headwinds from President Donald Trump's tax policy and tariffs, developers said this week.
In the Great Plains, wind energy is cheap. Crazy cheap. With the lowest levelized costs approaching $10 per megawatt-hour and thousands of megawatts being procured for under $20 per megawatt-hour, PPAs for new wind farms cost less than just the fuel required to run existing coal or natural gas plants. These economics have driven a wind boom in the region: renewable energy made up three-fourths of the new capacity built in the Upper Midwest in the last five years, and virtually all of the region's active projects in the MISO Interconnection Queue are wind and solar farms.
As anxious homeowners in Ontario were checking with their window installers Wednesday after incoming premier Doug Ford announced he was canceling the Green On fund, the solar industry began focusing on Alberta and the U.S.
Wind and solar are set to surge to almost "50 by 50" -- 50% of world generation by 2050 -- on the back of precipitous reductions in cost, and the advent of cheaper and cheaper batteries that will enable electricity to be stored and discharged to meet shifts in demand and supply. (c) Copyright 2018 The Saudi Gazette. All Rights Reserved. read more.
China's proposed tariffs on United States petroleum imports, part of a mounting trade war between the two countries, would crimp sales to the shale industry's largest customer, adding new pressure on U.S. crude prices, energy executives and analysts said in interviews this week. China has said it would slap a 25 percent tariff on imports of U.S. crude, natural gas and coal on July 6 if Washington went ahead, as planned, with its own tariffs on Chinese goods that day.
HOUSTON: China's proposed tariffs on U.S. petroleum imports, part of a mounting trade war between the two countries, would crimp sales to the shale industry's largest customer, adding new pressure on U.S. crude prices, energy executives and analysts said in interviews this week. China has said it ...
New Delhi, Jun 19 (IANS): A majority of government-owned banks and financial institutions continued to fund coal projects in India in 2017, an analysis of energy project lending said on Tuesday. It also reveals that comparatively, private financial companies are investing more in renewable energy projects compared to coal. The report 'Coal vs Renewables Finance Analysis' by the Delhi-based Centre for Financial Accountability (CFA) finds that coal received Rs 60,767 crore ($9.35 billion) in lending whereas renewable energy received Rs 22,913 crore ($3.50 billion).
New Jersey is now the hottest U.S. clean energy market with a 50% renewable energy by 2030 goal, America's most ambitious offshore wind and energy storage targets, and an executive order to achieve 100% clean energy by 2050.
LGIM Real Assets is financing Fiera's investment into a fully operational solar technology portfolio. : Legal & General Investment Management's real asset division has agreed to provide a PS48m (EUR54.7m) loan to support Fiera Infrastructure's UK solar portfolio investment. LGIM Real Assets said it is financing the Canadian infrastructure investment management firm's investment into a fully operational solar photovoltaic technology portfolio consisting of more than 13,250 residential and commercial rooftop systems. This transaction marks Fiera Infrastructure's first sole investment in the UK and the first staple financing solution for LGIM Real Assets infrastructure platform.