ACORE Members in the News
News
Investors Electrified By Tesla
May 1 -- Tesla is on a roll. Shares of the electric car maker rallied to a new high Tuesday, just days before the company is set to report its first profit ever. Tesla (TSLA) offered up a preview of that report earlier this month, saying sales of its all-electric Model S were exceeding expectations. The Model S is a full-size, four-door luxury sports sedan. While it was unveiled in 2009, it wasn't available until last year. >>View Article
Verizon To Invest $100 Million In Renewable Energy
May 1 -- Verizon Communications Inc. (VZ) said Tuesday it plans to spend $100 million to install solar panels and fuel cells at more than a dozen facilities that will generate and use the clean power. California solar-panel maker and developer SunPower Corp. (SPWR) will supply and install solar-panel systems at Verizon facilities in California, New Jersey and four other states. >>View Article
Bill Aims To Open MLP Business Structure To Renewable Energy
May 1 -- Legislation recently introduced in the U.S. Senate aims to level the energy playing field between fossil and renewable energy projects. The bill, titled the Master Limited Partnerships Parity Act, would allow investors in renewable energy projects access the corporate structure of master limited partnerships. The business structure offers tax significant tax benefits to investors, but is currently only available to investors in fossil energy projects. >>View Article
Google Center Underscrores Importance Of State Commitment To Renewable Energy
May 1 -- On a sunny day last month, while a few Republican legislators tried to neuter the state’s 2007 renewable energy law, Gov. Pat McCrory basked in the limelight of a major economic development announcement in Catawba County – Google’s second $600 million data center there. >>View Article
Feds Got Tougher On Loans After Fisker problems, Records Show
May 1 -- Problems with the Energy Department's $529 million loan to troubled startup automaker Fisker Automotive Inc. prompted the Obama administration to tighten its loan criteria, documents released by a House committee show. >>View Article
Congress Can Jolt Renewable Energy
April 30 -- The Master Limited Partnerships Parity Act, introduced last week by Sen. Christopher Coons and 15 bipartisan co-sponsors is a strong signal that Congress is serious about promoting America’s renewable energy future. The American Council On Renewable Energy applauds Sen. Coons’ leadership and calls on Congress to quickly pass Master Limited Partnership (MLP) legislation. By doing so, Congress can help level the playing field and promote greater private investment in our nation’s abundant and affordable renewable energy resources and fuels. >>View Article
Hawaiian Electric Co. Reaches Record 13.9% From Renewable Energy
April 30 -- Hawaiian Electric Co. and its subsidiaries said Monday that it has achieved a record 13.9 percent of energy needs from renewable generation in 2012, which is well on the way to passing the next clean energy goal of 15 percent in 2015. >>View Article
Latin America Clean Energy Investments Surged 127% Higher In 2012
April 30 -- Some $4.6 billion of clean energy investments were made in Latin America (excluding Brazil) in 2012, a whopping 127% increase from 2011, according to figures released in advance of the third annual Renewable Energy Finance Forum – Latin America & Caribbean (REFF-LAC), which is being held in Miami this week. >>View Article
Renewable Energy Wins Republicans Backing Oil-Gas Benefit: Taxes
April 29 -- Renewable energy developers may win some tax benefits from Congress that only oil and gas companies can enjoy right now. A bipartisan bill introduced in the Senate last week would allow renewable and clean energy-related companies to structure their businesses as master limited partnerships -- avoiding double taxation while also trading ownership interests on the market, similar to corporate stock, Bloomberg BNA reported. >>View Article
Tesla Model S Outsells Volt, Leaf, But Musk Has Other Priorities
April 29 -- Tesla Motors reached an important milestone in the first quarter as its high-end electric Model S sedan outsold the Chevrolet Volt plug-in hybrid and the electric Nissan Leaf. Tesla is expect to announce in its upcoming quarterly earnings report in May that it sold 4,750 of its Model S sedans, which start around $70,000. >>View Article
