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Hasty Vote Advances Senate Bill On Renewables Rollback

May 2 -- Amid protests from some members seeking a show of hands for a vote, Senate Finance Committee Co-Chairman Bill Rabon quickly adjourned a Wednesday meeting after declaring that a bill to freeze and repeal the state's renewable energy standards had enough support to advance. >>View Article

Need For Energy Storage Offers Hydropower Revival

May 2 -- Hydropower offers an effective way to balance grids that increasingly have to cope with variable renewable energy supply, and this may end the long lull in hydroelectric projects caused by economic and planning hurdles in developed countries. The vast majority of electricity is presently consumed at the instant of generation, putting a premium on electricity storage. >>View Article

Six Ways To Boost Electric Vehicles

May 2 -- Just over a year ago, Anthony Foxx – President Obama’s nominee for transportation secretary – unveiled a pilot program for electric-vehicle charging stations in Charlotte, N.C., where he is the mayor. If he wins confirmation, Mr. Foxx can help the president push electric vehicles (EVs) on a national scale. >>View Article 

Mass. Sets New Goal For Solar Power

May 2 -- Gov. Deval Patrick’s administration has set a new goal for solar energy installations in Massachusetts after reaching its initial target four years early. Patrick said the state’s new goal will be 1,600 megawatts of solar energy by the year 2020. That would generate enough electricity to power 240,000 homes per year and reduce greenhouse gas emissions by the equivalent of 166,000 cars. >>View Article

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

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