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S&P: Another 8GW of coal capacity due to go offline in 2019

S&P Global Market Intelligence ($): More than 49,000 MW of new power generation capacity is expected to be added to the U.S. grid in 2019, according to S&P Global Market Intelligence data. Accounting for capacity set to be retired, the U.S. should see a net gain of 40,823 MW. Specifically, 49,420 MW are expected to […]

January 18, 2019 Read More →

Coal economics face low-cost wind, solar reality in Pakistan

Bloomberg: When a giant infrastructure project in an emerging country doesn’t make sense these days, you can usually count on China’s Belt and Road to be on hand with a bailout check. For the global coal industry, that prospect has been one of the last great hopes for demand growth. Chinese policy banks have committed […]

January 18, 2019 Read More →

Indian Railways turns to solar to cut coal-fired electricity costs

PV Magazine: To reduce its annual electricity bill, Indian Railways will soon run trains powered by solar power from arrays of PV cells deployed along electrified tracks in 10 states. The solar power generated will replace 4 GW of coal-fired electricity consumed by the railways, saving the operator 20% of its annual energy bill in […]

January 18, 2019 Read More →

Bankrupt Westmoreland looks to slash retiree, employee benefits

Casper Star Tribune: The bankrupt coal firm that owns the Kemmerer mine has asked a bankruptcy judge in Texas for permission to kill retirement obligations for its former workers in Wyoming and nix the current contract between unionized miners in Lincoln County and the company, citing the difficult market for coal in the U.S. today. […]

January 18, 2019 Read More →

Smaller companies looking to buy renewable energy now have more options

Fast Company: It sounds like the opening line of a sustainable businesses’ nerd joke: Bloomberg, Salesforce, Gap Inc., Cox Enterprises, and Workday walked into a solar purchasing agreement together. But this is actually something that is happening: The five companies have teamed up to collectively act as the anchor tenant of a new 100-megawatt solar […]

January 18, 2019 Read More →

Florida Power & Light makes major move to solar PV

Sun Sentinel: Florida Power & Light Co. announced a major solar plan Wednesday, vowing to install more than 30 million solar panels in Florida by 2030. The goal is to make Florida a “world leader in the production of solar energy,” the Juno Beach-based electric utility says. FPL said it has secured solar sites across […]

January 17, 2019 Read More →

Report says U.S. clean energy investment hit record $64.2 billion in 2018

S&P Global Market Intelligence ($): Led by investments in wind farms and solar arrays, clean-energy investment in the United States rose 12% to $64.2 billion in 2018, even as global clean-energy funding declined 8% to $332.1 billion, BloombergNEF said in a new report. The new record for annual U.S. clean-energy investment surpassed the previous high […]

January 17, 2019 Read More →

Google to get 300MW of new TVA solar for Alabama, Tennessee data centers

Times Free Press: The world’s biggest solar producer will build Alabama’s biggest solar farm in Hollywood, Alabama, in the next two years to supply renewable energy for the $600 million data center Google is building on TVA’s former Widows Creek coal plant site. NextEra Energy Resources will build the new 150-megawatt solar farm near the […]

January 17, 2019 Read More →

Analysis finds ‘verdant’ MacArthur Foundation still invests in fossil fuels

Nonprofit Chronicles: Eighteen months ago, the people who manage the endowment at the John D. and Catherine T. MacArthur Foundation got some bad news: Investments they had made in funds managed by EnerVest, a Houston-based private equity firm that operates more than 33,000 oil and gas wells across the US, had plummeted in value to […]

January 17, 2019 Read More →

On the blogs: Fracking controversy on the rise in Argentina

OPSur: German photojournalist Stefan Borghardt was detained and beaten and had his equipment confiscated by police because of taking photographs of the Treater oil waste treatment plant in the town of Añelo. Borghardt was reporting on fracking in Argentina, particularly the Vaca Muerta megaproject. The Treater plant is used by the oil companies YPF, Total, […]

January 17, 2019 Read More →