News

BNEF estimates new global solar installations in 2019 at 125GW, or more

Oilprice.com: Renewable energy will march forward this year, due to “remorseless reductions in the costs of solar and wind electricity and of lithium-ion batteries,” Angus McCrone, the chief editor of Bloomberg New Energy Finance (BNEF) wrote in a commentary. Clean energy will also make huge strides because of the “widening realization on the part of […]

January 22, 2019 Read More →

EIA: Renewable energy capacity to climb sharply in next two years, while coal declines continue

CNN: The boom in solar and wind power in the United States will deal a fresh blow to coal country in the next few years. Renewable energy, led by solar and wind, is projected to be the fastest-growing source of US electricity generation for at least the next two years, according to a report published […]

January 22, 2019 Read More →

Michigan utilities move forward with coal phase-out plans

Crain’s Detroit Business: Renewable energy had a major moment last year when Michigan’s major utilities announced they would end the use of coal as an electricity generator by 2040. For 2019, the race will be on in earnest by large public utilities like DTE Energy Co. and Consumers Energy Co. to begin replacing retiring coal […]

January 22, 2019 Read More →

Montana legislator introduces bill for state to buy Colstrip coal plant

Montana Public Radio: Lawmakers in Helena are starting to debate whether the state could borrow up to $500 million to buy the coal-fired power plant in Colstrip. The future of the plant is up in the air. The West Coast consumers who Colstrip sends most of its power to are pushing away from coal-powered electricity […]

January 22, 2019 Read More →

GE to test massive (12MW) offshore turbine in Rotterdam

CNBC: GE Renewable Energy has signed an agreement with Future Wind to install the first Haliade-X 12 MW wind turbine prototype in Maasvlakte-Rotterdam, the Netherlands, this summer. While it has been designed for offshore environments, GE Renewable Energy said Wednesday that the prototype would be installed onshore in order to “facilitate access for testing.” The […]

January 22, 2019 Read More →

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 →