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Tesla Stock Today Looking A Lot Like General Motors In 1915

June 4 -- One of the hottest, if not the hottest, stock stories in the market today has been Tesla Motors TSLA +2.69% (TSLA), the brainchild of Elon Musk, co-founder of PayPal who has also resurrected the private space industry with his SpaceX venture. Musk has also been compared to such icons and visionaries of American industry as Steve Jobs or Henry Ford, but what we find most interesting about Tesla is how it compares to General Motors GM +1.74% (GM) back in 1915, a company that succeeded in taking the nascent U.S. auto industry to a new level with its introduction of the production V-8 engine, a major development at the time. >>View Article

Solar power: Sun shines on developing photovoltaic industry

June 4 -- The first six months of 2013 have not been the most dazzling for the world’s solar industry.  First came news that solar superpower Germany was looking at paring back the generous subsidy system that has helped it build more than 32 gigawatts of installed solar photovoltaic capacity – nearly a third of the global total and more than any other country. >>View Article

U.S. Approves 520 Megawatts of Solar, Geothermal Energy Projects

June 4 -- The U.S. approved three renewable-energy projects to be built on federal land in Arizona and Nevada.  The two solar farms and one geothermal project will total 520 megawatts of capacity, enough to power more than 200,000 homes, the U.S. Interior Department today in a statement on its website. Costs weren’t disclosed and the expected power customers weren’t named. >>View Article

US Tops In Renewable Energy Attractiveness As Sector Comes Of Age

June 3 -- The US unseated China as the most attractive country for renewable energy investment in 2012, according to Ernst & Young’s (E&Y) May 2013 “Renewable Energy Country Attractiveness Index” (RECAI), which, for the 10th year running, “ranks 40 countries on the attractiveness of their renewable energy investment and deployment opportunities based on a number of macro, energy market, and technology-specific indicators.” >>View Article

ND wind farms producing 1,600 megawatts of power

June 3 -- Lt. Gov. Drew Wrigley says North Dakota has about 1,600 megawatts of power generated from wind turbines. Wrigley says amount of wind power has spiked with the addition of new turbines that have been placed in south central North Dakota by Allete (ah-LEET') Inc. >>View Article

A Floating Wind Tower Is Launched in Maine

June 3 -- One reason that offshore wind has not caught on in the United States is the steep cost of erecting a tower in the water, but researchers at the University of Maine tried another approach on Friday by launching a floating wind machine. It is the first offshore wind installation in United States waters, according to the Energy Department, which helped pay for it. >>View Article

DOE loans drive innovation

June 3 -- The Department of Energy's loan guarantee program is working. It's working to drive American innovation, create jobs, transform our economy — and along the way, helping improve our environment, our health and our future. >>View Article

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