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13
Oct

Warren Buffett’s MidAmerican Energy Investing $280 Million More Into Iowa Wind Farms

Warren Buffet’s energy investment vehicle MidAmerican Energy — which has already invested over $15 billion into renewable energy — will soon be investing a further $280 million into Iowa wind farms. To be specific, the utility — which is owned by Berkshire Hathaway — is now planning to develop a new project in Adams County, Iowa, and to expand an

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13
Oct

Ukrainian Government Approves Ambitious New Wind Energy Goal

A new National Action Plan state decree for the development of wind energy was recently issued by the Ukrainian government, after being approved by the country’s cabinet. The ambitious new goals called for by the decree include increasing the wind energy capacity of the country up to 2.28 GW by the year 2020 — which represents a 500% increase on

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13
Oct

North Carolina’s Renewable Energy Boom Being Driven By Solar, According To New Report

North Carolina’s recent renewable energy boom has been driven mostly by solar, according to a new report from The Pew Charitable Trusts. To be exact, the state saw its solar energy capacity grow by 335 MW in 2013 — making it the 3rd-fastest-growing state in the US with regard to renewable energy capacity. That number stands out a bit more

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13
Oct

World War III: It’s here and energy is largely behind it

I’ve been advancing a thesis for several months with friends that World War III is now underway. It’s just that it’s not the war we thought it would be, that is, a confrontation between major powers with the possibility of a nuclear exchange. Instead, we are getting a set of low-intensity, on-again, off-again conflicts involving non-state actors (ISIS, Ukrainian rebels,

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13
Oct

SolarCity’s CTO Peter Rive on Solar Power Plus Energy Storage

SolarCity, the nation’s largest residential solar installer and financier, is coupling Tesla’s battery-based energy storage hardware with its rooftop solar systems.  Peter Rive, the co-founder and CTO of SolarCity, spoke at last week’s Energy Storage North America conference and said that the standard offering from SolarCity could eventually include storage. Rive added that the combination of solar and storage “won’t

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13
Oct

GE Ventures Exec: Grid-Scale Energy Storage Can’t Compete With Low-Cost ‘Gas in the Pipeline’

Widespread deployment of grid-scale energy storage is a distant possibility given the availability of low-cost natural gas, according to Mark Wight, director of strategy, marketing and operations for GE Energy Ventures. “We see [energy storage] very much on the customer side and a customer solution,” Wight said yesterday at the Global Cleantech 100 Summit in Washington, D.C. “As far as

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13
Oct

SolarCity CEO: Solar Loans Could Be Half of New Business by End of Next Year

SolarCity is now in the solar loan business as well as the solar leasing business. SolarCity has come to dominate the residential solar finance and installation industry by leveraging the no-money-down, third-party-ownership business model. That model has launched the company to more than 7,000 employees and a market cap of $5.3 billion. But in order to maintain its gaudy 30

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13
Oct

Buffett’s MidAmerican to Invest $280 Million in Iowa Wind

The energy business at Warren Buffett’s Berkshire Hathaway Inc. (BRK/A), which has already committed about $15 billion to renewable power, plans to invest an additional $280 million in Iowa wind farms. The MidAmerican Energy Co. unit will develop a new site in Adams County and expand another in O’Brien County next year, the Des Moines, Iowa-based company said today in

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13
Oct

NRG Teams Up With Green Charge Networks to Offer Battery Storage With EV Chargers

The energy storage startup Green Charge Networks joined forces with NRG eVgo today to deploy electric-vehicle charging stations with integrated batteries — a move that could give Green Charge a new market as competition in the distributed energy storage space intensifies. Green Charge has already deployed its customer-sited GreenStation energy storage systems at commercial businesses, cities and schools across the

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13
Oct

Ukrainian Government Approves Ambitious New Wind Energy Goals

A new National Action Plan state decree for the development of wind energy was recently issued by the Ukrainian government, after being approved by the country’s cabinet. The ambitious new goals called for by the decree include increasing the wind energy capacity of the country up to 2.28 GW by the year 2020 — which represents a 500% increase on

Read more