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$2B Wind Power Transmission Project Promises 5,000 Construction Jobs
May 3 -- Wanted: Kansas and Missouri businesses to help build a $2 billion wind power transmission line.The project is expected to create 5,000 construction jobs when work begins in 2016 and 500 operational jobs after it starts operation in 2018. >>View Article
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
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
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