Energy Update
LOS ANGELES, Aug 17 (Reuters) - SolarCity Corp on
Wednesday said it would cut operating costs, including slashing
its chief executive's salary, to bring expenses in line with its
reduced solar installation outlook.
Aug 17 (Reuters) - Tropical Storm Fiona, the sixth named
storm of the 2016 Atlantic hurricane season, has formed over the
central tropical Atlantic Ocean, the National Hurricane Center
(NHC) said on Wednesday.
Aug 17 (Reuters) - Solar panel installer SolarCity Corp
, which recently accepted Tesla Motors Inc's
$2.6 billion buyout offer, said CEO Lyndon Rive would now take
$1 as annual salary, a steep drop from $275,000, as part of the
company's cost-cutting plans.
Jenn Runyon, Chief Editor of Renewable Energy World and Paula Mints, Chief Market Research Analyst with SPV Market Research discuss three hot topics in the global solar industry for three minutes each. Today’s topics are net-metering changes in Nevada, North Carolina’s fear that solar PV could take use up all of the sun, and microgrids in Africa.
The show is filmed at 3PM eastern and uploaded to the website by 3PM pacific time. Take a look.
British Columbia-based tidal developer, Yourbrook Energy Systems Ltd., is testing what it calls a prototype of a shallow water tidal-powered generator pump that could one day be used as part of a pumped storage hydroelectric project.
MOSCOW, Aug 17 (Reuters) - State-controlled Rosneftegas,
which owns 69.5 percent of Russia's Rosneft , should
present by Sept. 1 names of potential candidates to participate
in Rosneft's privatisation, RIA news agency reported, citing the
economy ministry.
A new report by the White House’s National Science and Technology Council called the Federal Alternative Jet Fuels Research and Development Strategy outlines the federal government’s plans to lower the cost of alternative jet fuels through coordinated, targeted research and development by agencies including the Energy Department, the U.S. Department of Agriculture, the U.S. Department of Transportation, and the U.S. Environmental Protection Agency.
The Norwegian wind industry is in the midst of a historically prosperous year, with the Norwegian wind association, NORWEA, optimistic that 2016 will close out with investment decisions totaling 2,000 MW of new wind power capacity.
Greece’s parliament has approved a new law governing the renewable energies sector. The new law, which allows for feed-in premiums, competitive tenders and virtual net metering, comprises a significant rearrangement of the country’s energy sector.
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