Feb. 6—A University of Colorado Boulder study found that utility companies nationwide are moving faster toward decarbonizing than state mandates, with companies leading the energy transition without waiting for policy to catch up. Even in states without policies in place to require changes, utility companies are taking the initiative to create plans, set goals and […]
Monday is shaping up to be a be a bad day to own renewable energy stocks. Shares of hydroelectric, wind, and solar power plant operator Brookfield Renewable Energy (NYSE: BEPC) fell 4.1% through 11:20 a.m. ET, while smaller hydrogen company Plug Power (NASDAQ: PLUG) and solar power provider SunPower (NASDAQ: SPWR) sank 6.3% and 8.7%, respectively. To […]
A bioscience Ames startup that produces renewable fuels has received a significant loan. Ames’ Rise Energy was awarded a $50,000 Proof of Commercial Relevance loan from the Iowa Economic Development Authority Board on Jan. 19. The Story County company was one of six startups to receive money, including businesses in cities like Des Moines and Iowa […]
A person installing a solar panel near a wind farm. This past year was a challenging one for the renewable energy sector. Surging interest rates drove up financing costs, making it more difficult for some industry players to fund their growth. That weighed on valuations across the sector. However, that growth headwind should fade in […]
COP28 wrapped on Wednesday with officials touting a pledge to triple the world’s renewable energy capacity by 2030. It even came twinned with a vow to double global energy-saving efforts over the same period. Predictably, the promise came with some high-flying rhetoric. COP28 President Sultan al-Jaber, the oil CEO helming the talks, claimed the goal […]