An Aggregation of News about Green Living!

GE Reportedly in Talks to Buy France’s Alstom for $13 Billion

April 24th, 2014 Posted in Green News | Comments Off

General Electric Co. is in talks to buy Alstom SA, the French builder of trains and power plants, people with knowledge of the matter said, in what would be GE’s biggest acquisition ever.

Tesla Makes Smooth Drive Into China

April 24th, 2014 Posted in Green News | Comments Off

I have to give my congratulations to new energy car maker Tesla (Nasdaq: TSLA) for creating the kind of buzz and excitement this week that only names like Apple (Nasdaq: AAPL) and smartphone sensation Xiaomi have typically been able to muster. In the last 2 days, the company and its charismatic founder Elon Musk were all over the Chinese headlines

UK Awards First Guaranteed Power Price Contracts to Biomass, Offshore Wind Projects

April 24th, 2014 Posted in Green News | Comments Off

Drax Group Plc, Dong Energy A/S and SSE Plc will get guaranteed power prices for U.K. biomass and offshore wind plants, the first renewable energy projects to benefit from a new aid program.

Unlocking Solar Energy’s Value as an Asset Class

April 24th, 2014 Posted in Green News | Comments Off

Not all options are ready to step into the spotlight, though. Master limited partnerships (MLP) and real estate investment trusts (REIT) promise more attractive tax treatment than securitizations or yieldcos, but they require some heavy lifting and difficult decisions at the highest levels: MLPs need an act of Congress even for an infinitesimal language tweak to remove a legislative exclusion to solar and wind, while REITs involve a touchy reclassification of assets from the IRS that could have broader and undesirable tax consequences. Yet another model gaining traction is a more institutionalized version of crowdfunding, led by Mosaic (technically they call it "crowdsourcing"), but crowdfunding is awaiting more clarity from the Securities and Exchange Commission about what rules must apply.

Three New Finance Models for Non-Profits to Go Solar

April 23rd, 2014 Posted in Green News | Comments Off

  There have generally been two main financial challenges for non-profits interested in going solar. First is the lack of funds or credit availability for purchasing a solar system. The second issue is taxes—or rather their tax-exempt status. Because non-profits don’t pay income and property taxes, they’re often barred by legislation from taking ad

New York to Install Battery Storage for Subway and Bus System Operator

April 23rd, 2014 Posted in Green News | Comments Off

American Vanadium Corp., owner of the only known U.S. deposit of the metal, agreed to install an energy storage system designed to reduce power costs for the agency that operates New York’s subways and buses.

Financing Lessons Residential Solar Can Teach the Commercial and Industrial Sector

April 23rd, 2014 Posted in Green News | Comments Off

As new and old solar investors seek investment opportunities in distributed generation (DG) solar, there are a number of parallels that can be drawn between the residential and commercial sectors. While residential solar developers have had significant success in obtaining financing for their solar projects, growth has been more sluggish in the com

China Wind Turbine Makers Face Consolidation as Glut Lingers

April 23rd, 2014 Posted in Green News | Comments Off

Consolidation may cut the number of wind turbine makers in China, the world’s largest wind market, by two thirds in the next five years as oversupply pressures grow, according to an industry association.

The Solar Battlefield: How the US DOD Will Bring Solar Technology Mainstream

April 23rd, 2014 Posted in Green News | Comments Off

When it comes to driving the development of renewable energy technology, no greater facilitating force exists than the U.S. Department of Defense (DOD). Acting on a mandate to achieve 25 percent reliability on renewable energy by the year 2025, the DOD has been busy in its aggressive pursuit of that goal — proving that more often than not, great things can result from unlikely alliances.

For the Greater Green: Algae-Based Advanced Biofuels Bring a Clean, Affordable Solution

April 23rd, 2014 Posted in Green News | Comments Off

As the implications of the global energy crisis continue to intensify, cost-effective and truly sustainable solutions are crucial. The energy industry experienced a giant leap with the production of first-generation biofuels, but rising costs and questionable energy yields have led to an innovative second wave of advanced biofuels that require less land and offer greater outputs at cost-competitive prices.

Global Geothermal Market Saw Huge 2013 Growth, Says GEA

April 22nd, 2014 Posted in Green News | Comments Off

The global geothermal industry had a boom year in 2013, bringing the most capacity online since 1997. The market saw 530 megawatts (MW) commissioned, which brought total global capacity to just over 12,000 MW, holding a steady 4 to 5 percent growth rate, according to the Geothermal Energy Association’s (GEA) 2014 Annual U.S. & Global Geothermal Power Production Report. These projects are located in the U.S., Philippines, Mexico, New Zealand, Germany Kenya, Australia and Turkey.

Google Signs Up to Buy 407 Megawatts of Buffett’s Wind Power

April 22nd, 2014 Posted in Green News | Comments Off

Google Inc. agreed to buy 407 megawatts of wind power from Warren Buffett’s MidAmerican Energy Holdings Co., the technology company’s largest deal to date for renewable energy.

The Climate Group, SEIA Launch Plan to Help Reduce Pollution

April 22nd, 2014 Posted in Green News | Comments Off

In 1970, the first Earth Day was held to demonstrate broad global support for environmental protection.  At the time, the world’s population stood at 3.63 billion. Today, that number has more than doubled.  Well, guess what? Greenhouse gas emissions have doubled since then, too. Simply put, the world is in real danger, locked in on a collision cour

Ethanol from Energy Beets: A Viable Option?

April 22nd, 2014 Posted in Green News | Comments Off

Corn remains the undisputed ethanol king. But a growing number of U.S. sugar beet farmers, in part, exasperated by the heavily-regulated sugar industry, are now hoping to give corn a run for its bioenergy money.

The Opportunity to Overturn Three Costly Values in Our Energy System

April 22nd, 2014 Posted in Green News | Comments Off

Earlier this year I worked as an election judge for the city of Minneapolis.  It was the city’s second experience with ranked choice voting, a system where instead of voting for a single candidate, you get to pick your top three choices.  If your first choice candidate is mathematically eliminated from winning, your vote is reallocated to your seco

German Utilities Fight Renewable Energy Shift

April 22nd, 2014 Posted in Green News | Comments Off

Germany’s biggest utilities face dwindling market shares as the shift torenewable energy spurs regional power generation and storage technology, a senior member of Chancellor Angela Merkel’s party said.

Solar Disruption? Yes. Utility Death Spiral? Not Necessarily

April 22nd, 2014 Posted in Green News | Comments Off

Suddenly, we have seen a spate of “death spiral” talk about electric utilities. Grid parity — through lowered costs — is supposedly triggering this decline. Homes are expected to defect from the grid, or maintain a limited link with it for reliability, thanks to solar panels backed up by batteries and gas-generators.

Making Corn Stover Biofuel May Not Be Better than Gas, Says Report

April 21st, 2014 Posted in Green News | Comments Off

Biofuels made from the leftovers of harvested corn plants are worse than gasoline for global warming in the short term, a study shows, challenging the Obama administration's conclusions that they are a much cleaner oil alternative and will help combat climate change.

China Reiterates Plans to Boost Clean Energy

April 21st, 2014 Posted in Green News | Comments Off

China, the world’s biggest investor in renewable energy, reiterated plans to boost construction of solar and wind power plants along with projects to transmit electricity from the clean sources.

How a Small County in California Went Grid Positive

April 21st, 2014 Posted in Green News | Comments Off

California is known for being a leader in solar energy, but a small county in Northern California has taken things a step further. It has become the first county government in the state to not only zero-out its electric bill with renewable energy, but also to become grid positive. Yolo County (population 200,000), just west of Sacramento County, now produces 152 percent more energy from solar panels than it uses.