Uncategorized

Renewable Energy Gains Greater Opportunity in US Clean Power Plan

After a year of being pummeled by opponents, Obama’s final carbon reduction plan emerged this week with an even stronger push for renewable energy.

Wind and solar energy are centerpieces of the Clean Power Plan, the United States’ first ever rule to reduce carbon dioxide from power plants.

The rule not only makes renewables one of the plan’s three central building blocks, but also creates special incentives to spur communities to build renewables more quickly than required.

The revised version of the rule comes after a year of review, hundreds of meetings and 4.3 million public comments delivered to EPA.  It requires that states come up with plans to cut carbon pollution from power plants by 870 million tons, or 32 percent below 2005 levels, in 2030.

Read More
Uncategorized

Renewable Energy Gains Greater Opportunity in US Clean Power Plan

After a year of being pummeled by opponents, Obama’s final carbon reduction plan emerged this week with an even stronger push for renewable energy.

Wind and solar energy are centerpieces of the Clean Power Plan, the United States’ first ever rule to reduce carbon dioxide from power plants.

The rule not only makes renewables one of the plan’s three central building blocks, but also creates special incentives to spur communities to build renewables more quickly than required.

The revised version of the rule comes after a year of review, hundreds of meetings and 4.3 million public comments delivered to EPA.  It requires that states come up with plans to cut carbon pollution from power plants by 870 million tons, or 32 percent below 2005 levels, in 2030.

Read More
NewsUncategorized

Investors Bet Against China Solar Manufacturers

U.S. investors are keying in on Chinese solar manufacturers as a way to profit from the slowdown in the world’s second-largest economy.

Traders have sold short 22 percent of JinkoSolar Holding Co.’s American depositary receipts, the second-most among U.S.- listed Chinese stocks, according to data compiled by Markit and Bloomberg. Trina Solar Ltd. has the third-most bearish bets, amounting to 12 percent of outstanding shares. JA Solar Holdings Co. is fourth at 11 percent.

Read More
Uncategorized

Investors Bet Against China Solar Manufacturers

U.S. investors are keying in on Chinese solar manufacturers as a way to profit from the slowdown in the world’s second-largest economy.

Traders have sold short 22 percent of JinkoSolar Holding Co.’s American depositary receipts, the second-most among U.S.- listed Chinese stocks, according to data compiled by Markit and Bloomberg. Trina Solar Ltd. has the third-most bearish bets, amounting to 12 percent of outstanding shares. JA Solar Holdings Co. is fourth at 11 percent.

Read More
Uncategorized

Investors Bet Against China Solar Manufacturers

U.S. investors are keying in on Chinese solar manufacturers as a way to profit from the slowdown in the world’s second-largest economy.

Traders have sold short 22 percent of JinkoSolar Holding Co.’s American depositary receipts, the second-most among U.S.- listed Chinese stocks, according to data compiled by Markit and Bloomberg. Trina Solar Ltd. has the third-most bearish bets, amounting to 12 percent of outstanding shares. JA Solar Holdings Co. is fourth at 11 percent.

Read More
NewsUncategorized

Duke Renewables Acquires 50-MW of California Solar Projects

Duke Energy Renewables is expanding its investment portfolio, on July 28 announcing the acquisition of two utility-scale PV projects in California. Acquisition of the 20-MW Seville I and 30-MW Seville II power plants from Kruger Energy brings the total number of solar power plants in California Duke Renewables owns to six.

Located in inland Southern California’s Imperial County about 10 miles west of the shrinking Salton Sea the six Duke-owner California solar plants total more than 100-MWs of emissions-free electricity capacity. Terms of the Seville I and II acquisition were not disclosed.

Seville I and II´s power purchase agreements – one with San Diego Gas & Electric and the other with the Imperial Irrigation District – were signed back in 2012. The projects have been under development since, according to Greg Wolf, president of Duke Energy’s Commercial Portfolio and Renewables.

Read More
Uncategorized

Duke Renewables Acquires 50-MW of California Solar Projects

Duke Energy Renewables is expanding its investment portfolio, on July 28 announcing the acquisition of two utility-scale PV projects in California. Acquisition of the 20-MW Seville I and 30-MW Seville II power plants from Kruger Energy brings the total number of solar power plants in California Duke Renewables owns to six.

Located in inland Southern California’s Imperial County about 10 miles west of the shrinking Salton Sea the six Duke-owner California solar plants total more than 100-MWs of emissions-free electricity capacity. Terms of the Seville I and II acquisition were not disclosed.

Seville I and II´s power purchase agreements – one with San Diego Gas & Electric and the other with the Imperial Irrigation District – were signed back in 2012. The projects have been under development since, according to Greg Wolf, president of Duke Energy’s Commercial Portfolio and Renewables.

Read More