The National Academies of Science on Thursday called for the United States to pursue research into solar geoengineering to cool the Earth’s atmosphere but urged caution given that it could have risky, unintended consequences. There is no international agreement setting standards for geoengineering, large-scale interventions that scientists say could affect precipitation patterns, agricultural productivity and […]
Ubiquitous Energy Secures Strategic $8M Equity Investment from ENEOS Holdings
Redwood City, Calif., United States: Ubiquitous Energy, the leader in truly transparent solar energy technology, has secured a strategic equity investment of $8M from ENEOS Holdings, one of the most prominent and comprehensive energy, resources, and materials companies in Asia. The investment from ENEOS represents an initial close of Ubiquitous Energy’s Series B financing round […]
Global spending on green economic stimulus slowly tracking upwards -study
LONDON: Massive post-pandemic stimulus packages are mostly failing to support action to tackle climate change or halt the loss of biodiversity, but the amount of green spending is slowly tracking upwards, according to a study published on Friday. Advocates of rapid action to slash planet-warming emissions see the packages as a once-in-a-generation opportunity to invest […]
4 Climate Finance Priorities for the Biden Administration
Providing funding to poorer nations to undertake climate action is not only a moral and legal responsibility for developed countries, but also a strategic investment in a cleaner and more resilient world. Such support pays dividends by reducing the severity and costs of climate impacts, including extreme weather, ecosystem loss and political instability both at […]
US to Extend Solar investment tax credit at 26% Until 2022
Extended renewable energy tax credits have been included in a $1.4 trillion federal spending package alongside a $900 billion COVID-19 virus relief spending bill. The solar investment tax credit (ITC), which was scheduled to drop from 26% to 22% in 2021, will stay at 26% for two more years. The wind industry also received a […]
7 Things to Know About Renewable Natural Gas
The production and use of renewable natural gas made from organic waste is growing rapidly in the United States. In the last five years, the number of production facilities has grown approximately threefold, with about 115 facilities now making the fuel — which is interchangeable with fossil natural gas — out of landfill waste, animal manure, wastewater, […]
Five years on, some signs that Paris climate accord is working
Scientists and diplomats say the outlook for mid-to-late century is not as gloomy as it was when the historic 2015 Paris climate accord was signed. New York: The forecast for global warming is looking a little less bleak in the long term, but not so rosy in the short term. With numerous countries pledging to […]
Boralex Announces Agreements to acquire Interests in Seven Solar Plants in the United States for US$216.5M
Boralex Announces Agreements to acquire Interests in Seven Solar Plants in the United States for CA$283M (US$216.5M) Montréal, Québec: Boralex Inc. (TSX: BLX) (“Boralex” or the “Corporation”) is pleased to announce that Boralex US Solar CIA LLC, a wholly owned subsidiary of the Corporation, has entered into binding agreements with Centaurus Renewable Energy LLC (“CRE”) […]
Nationwide average levelized PPA prices fell to $24/MWh in 2019
Utility-Scale Solar Interactive data visualizations based on the 2020 Utility-Scale Solar Data Update are available on the tab below. Berkeley Lab’s 2020 update of utility-scale solar data and trends provides an overview of key trends in the U.S. market, with a focus on 2019. You can find a comprehensive data file and a briefing deck summarizing select insights on […]
How Biden Can Make the US a Global Leader on Climate Action
Joe Biden’s victory in the U.S. presidential election offers new hope in the fight against climate change, both within U.S. borders and around the globe. During his first speech as president-elect, Biden committed to restore the United States’ standing in the world. And all signs suggest that tackling the growing climate crisis — and collaborating with other […]