Category — Technology
From GigaOM (Apr. 8, 2013 – 8:20 AM PDT) There’s one area of solar that is going gangbusters in 2013, and that’s companies that are financing and installing solar panels on rooftops. On Monday morning solar financing startup Clean Power Finance announced that it has raised a round of $37 million in growth equity from investors including Google Ventures, Kleiner Perkins and Claremont Creek Venture.
Odds are, it’s a pretty safe bet even for the venture capitalists that have been scared off by the lack of consistent returns in cleantech investing. Last year there were a record-breaking 3.3 gigawatts worth of solar panels — or 16 million individual solar panels — installed in the U.S., making solar power the fastest-growing energy source domestically, according to Solar Energy Industries Association and GTM Research.
Click here to read the full article from GigaOM.
April 12, 2013 Comments Off
On March 29, 2013, the Environmental Protection Agency (“EPA”) issued updates to its emissions limits for new power plants under the mercury and air toxic standards (“MATS”). The less stringent limits are a result of new information and analysis the EPA received during the reconsideration period of MATS. The EPA stated that the revisions should not alter the control technologies that owners and operators must install to comply with MATS.
April 9, 2013 Comments Off
Partly driven by an oversupply of cheaper panels from China, the domestic solar market had its best year in 2012, with the growth in installations outpacing that of the global market, according to an annual report to be released Thursday. [Read more →]
March 20, 2013 Comments Off
The Economist (Mar 6th 2013, 18:13 by V.V.V. | SHANGHAI) – A CASUAL glance at the business headlines might suggest that China’s renewable-energy industry is an unstoppable juggernaut. Over the past decade, Chinese firms have used supportive government policies and lavish subsidies to leapfrog to the top of the world’s wind and solar industries. This has prompted political backlashes overseas—especially in America, where Chinese exporters have faced anti-dumping duties and worse. [Read more →]
March 7, 2013 Comments Off
On January 24, 2013, the United States Court of Appeals for the D.C. Circuit refused to rehear a decision of a three-judge panel of the court that overturned EPA’s Cross-State Air Pollution Rule (“CSAPR”). CSAPR addressed the interstate transport of pollutants emitted by electric generating units (“EGUs”) located in the eastern two-thirds of the country. The panel decision in the EME Homer City v. EPA case, issued on August 21, 2012, found that EPA had misinterpreted underlying statutory requirements. One of the panelists, Judge Judith Rogers, issued a lengthy and sharp dissent. EPA and state and environmental supporters then asked the panel to reconsider its decision and also asked the full court to rehear the decision on banc. The three judge panel today refused to reconsider its decision, with Judge Rogers again dissenting, and the full court refused to rehear the case en banc, with no judge dissenting.
[Read more →]
January 28, 2013 Comments Off