Alternative energy
The annual MIT Venture Capital conference is a summit where VCs from Menlo Park to Boston come together and present their views on the next hottest startup investments to eager MBA students, entrepreneurs, and fellow investors. As global leaders in engineering and technology, it’s no surprise that MIT has always been a pillar for energy…...
The Corn Ethanol Mandate Elimination Act of 2013 would repeal the RFS corn ethanol mandate, allowing the corn ethanol industry to directly compete with oil. On December 12, 2013, a group of 10 Senators led by Dianne Feinstein (D-CA) and Tom Coburn (R-OK) introduced the 2013 Corn Ethanol Mandate Elimination Act to repeal the corn…...
EPA’s annual report on average fuel economy shows that MY 2012 vehicles achieved record-high fuel economy and record-low carbon emissions. On December 12, 2013, the Environmental Protection Agency (EPA) issued its annual report on average fuel economy, emissions, and powertrain technology of new U.S. personal vehicles, including passenger cars, sport utility vehicles, minivans, pickup…...
NY State Governor has announced $715.9M in economic development funding for 824 projects under the Regional Councils initiative. On December 11, 2013, New York State Governor Andrew M. Cuomo announced $715.9M in awards for 824 projects through the Regional Economic Development Council’s (REDC) third round of funding. Governor Cuomo initiated the 2013 REDC funding process…...
The U.S. residential solar segment witnessed record growth in Q3 2013 with 31,000 individual installations. On December 10, 2013, GTM Research and the Solar Energy Industries Association (SEIA) released a report analyzing U.S. solar market performance across 28 states and the District of Columbia during Q3 2013. According to the report, Q3 2013 represents the…...
New York State’s largest rooftop solar PV system connects to the Con Edison network through smart grid technology and computer-controlled remote monitoring. On December 9, 2013, NY State Governor Andrew M. Cuomo announced the completion of the state’s largest rooftop solar installation under the NY-Sun initiative. The 1.56 MW solar photovoltaic (PV) system, installed at…...
New York State has won the “Deal of the Year for Small Issuer Financing” award for its innovative residential energy efficiency financing through revenue bonds. On December 6, 2013, the New York State Energy Research and Development Authority (NYSERDA) and Environmental Facilities Corp. (EFC) announced the award of “Deal of the Year for Small Issuer…...
Alternative energy project financiers are utilizing the YieldCo model to find new, cheaper sources of capital in 2013, as renewable tax credits set to expire. The YieldCo model is unlocking cash flow value from fast growing companies and providing attractive investment opportunities as money market funds, interest rates, and bond rates remain stagnant. Overview At…...
The 2014 Fuel Economy Guide provides fuel economy and annual fuel cost data, fuel-efficiency rating, and GHG rating for vehicles. On December 3, 2013, the Environmental Protection Agency (EPA) and the Department of Energy (DOE) announced the release of the 2014 Fuel Economy Guide, which provides fuel economy and annual fuel cost data to help…...
Development of clean energy and energy efficiency solutions are confronted by challenges including federal policy uncertainties jeopardizing grants and tax credits, state budget constraints, and insufficient capital markets. Several states are exploring ways to leverage public resources with innovative banking and financial mechanisms to facilitate large-scale deployment of low-carbon technologies. Overview Many federal energy subsidies…...
New York City’s largest solar facility to be deployed at Freshkills Park will increase the city’s current renewable capacity by 50 percent. On November 25, 2013, Mayor Bloomberg announced NYC’s largest solar energy facility will be installed at Freshkills Park, Staten Island. The 10 MW facility, with potential to generate five times more power than…...
DOE has announced $30M to develop electrochemical technologies for low-cost distributed generation. On November 25, 2013, the Department of Energy (DOE) announced up to $30M in funding to advance distributed power generation technologies under the Advanced Research Projects Agency –Energy’s (APRA-E) Reliable Electricity Based on Electrochemical Systems (REBELS). The REBELS project will support transformational electrochemical…...