The world needs to make a transition to renewable energy as part of a global sustainability project, but until solar, wind and other renewables become the norm, there’s one solution that is available now: energy efficiency. More energy efficient buildings means less energy and fewer emissions, besides huge savings. However, financing projects is not (more…)
The energy industry is an incredibly exciting place to be right now. Over the past decade, a variety of clean energy technologies have experienced significant advancements, and growth in the clean energy industry has been quite impressive. Wind farms are rapidly being built across the globe, PV solar panels are becoming more efficient and less expensive, and many electric utilities have begun to implement a variety of energy efficiency and smart grid technologies. As global warming remains a hot issue in our world today, clean energy topics are bound to be at the forefront of the conversation.
The closing of the doors last week at a mid-Atlantic states solar installer highlights the uncertainty of the photovoltaic market and brings to the fore the vagrancies of renewable energy credits (RECs) and in particular solar renewable energy credits (SRECs). (more…)
Chinese company Trina Solar Ltd. announced financial results for 2013 today. The company shipped 2.58 GW of PV modules in 2013 compared to 1.59 GW in 2012. The company also saw net revenues increase 36.9% from 2012 to $1.77 billion. Gross profits also increased to $218.2 million, an increase of 281.2% from 2012. Year over year increases (more…)
Environmental Defense Fund was the first environmental group to hire a full-time economist, way back in the 1970s. At the time, many wondered what economics had to do with protecting the environment. We saw an opportunity and seized it because we believe prosperity and stewardship can go hand-in-hand, and solutions (more…)
Investment in solar projects in the United States has largely been the purview of large financial institutions with the tax appetite to utilize the investment tax credit, thus favoring larger solar projects. Now, with innovative financing structures, high net-worth individuals can (more…)
As one of nature’s most destructive forces, hurricanes are unstoppable storms that can cause total devastation for coastal communities. While Mother Nature is unpredictable and uncontrollable, there are researchers and scientists who think hurricanes can be weakened or even stopped. One idea: wind turbines. (more…)
Environmental regulations can, of course, impact the development and implementation of green technologies. This can happen on an industry level, for example, when automobile fuel efficiency technology is improved in response to rising CAFE standards.
It can also happen on a smaller scale and affect (more…)