Though likely impossible to find anyone in the climate justice or environmental community to say that any sitting U.S. senator — Republican or Democrat — has been an adequate leader on the issue of global warming, 28 Democrats (and two Independents) were garnering soft applause for their overnight effort on Monday into Tuesday as they pulled an all night session focused exclusively on climate change.
by Debra Fiakas CFA
Last week Covanta, Holding Corp. (CVA: NYSE) announced the pricing of a note offering. The waste disposal and waste-to-energy company raised $400 million in the deal. The new capital will make it possible for Covanta to repay some older debt when enough to spare for future expansion capital. Covanta’s business model of using the municipal waste it collects for electricity generation is capital intensive. What is more management has shown a penchant for acquisitions. Just two months ago Covanta acquired two waste transfer stations from a competitor. [Read more...]
Recent years have seen major growth in wind energy, and deployment projections indicate this trend will continue for all parts of the wind industry, from small distributed and community wind projects to massive land-based and offshore utility-scale facilities. Record numbers of Americans see wind energy as an important contributor to a secure and clean energy portfolio, and thousands of decisions are made every year at the household, local, state, and regional levels about wind energy development. [Read more...]
More than two dozen legislators are pulling an all-nighter tonight (Monday March 10) on the Senate floor to talk about climate change and what actions must be taken.
Last Week To Submit an Abstract for Renewable Energy World North America! Don’t Miss Your Opportunity to Speak at Our Conference
Experts believe that the PJM Interconnection system, which encompasses all or parts of Delaware, Illinois, Indiana, Kentucky, Maryland, Michigan, New Jersey, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia and the District of Columbia, can handle up to 30 percent of its energy from wind and solar without "any significant reliability issues," assuming transmission upgrades and additional regulation reserves — and at the same time reducing costs and reliance on its costlier conventional generation fleet.
After a massive rally over the last year, shares of solar panel makers could be set for a few months of winter following a disappointing earnings announcement from superstar Canadian Solar (Nasdaq: CSIQ) and a debt default from second-tier player Chaori Solar (Shenzhen: 002506). Such a correction was almost inevitable after last year’s huge rally and shouldn’t be cause for concern among long-term buyers of shares in top players like Canadian Solar. But shareholders of second-tier firms like Chaori might think strongly about selling their stock, as these smaller companies could easily end up getting wiped out or sold for bargain prices in the sector’s ongoing consolidation as it emerges from a 2-year downturn. [Read more...]
While politicians and planners focus on energy generation and fuels, it is energy efficiency that should be the first winner. As I tell my students as well as members of Congress — it is ALWAYS less expensive to save energy than generate any type of energy.
Energy Department Names Virginia and Illinois Electric Co-ops the 2013 Wind Cooperatives of the Year
The U.S. Department of Energy and the National Rural Electric Cooperative Association (NRECA) today recognized Old Dominion Electric Cooperative (ODEC) of Virginia and the Rural Electric Convenience Cooperative (RECC) of Illinois as the 2013 Wind Cooperatives of the Year. [Read more...]