Industry: Utilities
News
March 27, 2016
Announcing government support for clean-energy projects, President Obama hailed a Spanish company, saying its new solar technology would supply tens of thousands of American homes with renewable power, while spurring local employment. . . Saddled with debt from its expansion, the company is scrambling to avoid what would be the largest bankruptcy in Spanish corporate history. . . In Abengoa’s case, its signature American projects still have around $2 billion in outstanding loans guaranteed by the United States government, and the company benefited heavily from subsidies in Spain.
News
March 17, 2016
California regulators threw a lifeline Thursday to the struggling Ivanpah solar plant, which has failed to generate the electricity it is required to produce under contracts with PG&E Corp.
News
March 17, 2016
Critics have accused local governments of focusing on capacity rather than efficiency and utilization, hitting renewable energy targets by building windfarms in regions plagued by low wind speeds and insufficient grid capacity.
News
March 2, 2016
Too many greens get caught up in the trap of advocating for the subsidization of current-generation renewable energy projects, neglecting to understand that in doing so they’re consigning governments to continue propping up technologies incapable of competing with fossil fuels on their own merit while diverting valuable funds away from the pursuit of more lasting solutions. . . Gates’ focus on R&D is both smart and necessary, and it could pave the way towards a greener future.
News
March 2, 2016
""What Musk has done that is creative and important is drive the learning curve. He's decided to take an existing, pretty powerful battery technology and start producing it on a very large scale,"" she said.
""But it's not technology innovation in the sense of creating new ways of doing it. We are pretty well convinced that some of our technologies have the potential to be significantly better,"" Williams said.
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