Category Archives: Solar

Solar quickly approaching grid parity

solarSolar module prices are falling so fast that solar may be able to cost-effectively compete with fossil fuels within a matter of months. The latest bit of news confirming astounding price drops was from China’s LDK Solar. LDK is a producer of the main component of solar modules (wafers). While their second quarter guidance showed a boost in shipments, it also lowered their revenue expectations, translating into a cost per watt of Continue reading

Recession keeps a lid on fuel prices

gas-pump1The recent oil price rally has taken a break due to the persistence of recessionary low demand. While lower prices may finally translate into lower crude oil and natural gas output in July 2009 than in 2008, US demand numbers show little sign of recovery. This reality makes it tough for renewable energy to compete currently, but is a relief to Continue reading

MNN: “NYC not a top 10 green city”

nyc-scapeMother Nature News celebrated the renewable energy efforts of Austin, TX, the recycling of San Francisco, the green roofs of Chicago, and the bikeways of Portland, OR. But they left our fair city of New York out of their list of top 10 green US cities. Now it’s up to all of us in NYC to work hard to get our green mojo back. Continue reading

The Human Toll of Fossil Fuel Use

coal-minersMost of my posts have focused on the environmental and public health impacts of burning fossil fuels due to their greenhouse gas emissions. But the 16 deaths from a liquefied petroleum gas explosion on an Italian train today are an important reminder that reduced emissions are not the only benefit from efficiency and Continue reading

Deutsche Bank leader: Renewable Energy Ready, Clean Coal Years Away

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One of the most compelling speakers at our last day of REFF Wall Street was Deutsche Bank’s Global Head of Asset Management, Kevin Parker.

The focus of his talk was the importance for the finance community to respond to resource scarcity amidst a Continue reading

House Passes Climate Bill, Now for the Senate

US CapitolLast night, the US House of Representatives passed climate legislation to get greenhouse gas emissions falling to 83% below 2005 levels in 2050. This step is huge, and needs to be followed by a similar bill passing the Senate in the weeks ahead to get the President’s signature and become law. Here are some details from the Solar Energy Industries Association: Continue reading

Green Wall Street gets together

money-bulb_0The barons of Wall Street have been blamed for the global financial crisis. They have been the target of Main Street ire and the butt of talk show jokes.  But as I walk the halls of New York City’s Waldorf-Astoria today, it is clear that the hundreds of suits filling the conference space want to change that. Continue reading

Solar price slide accelerates in June, new record low in Europe

solarOur friends at Solarbuzz.com released their June report today, showing that solar prices have fallen another significant amount in the last month. The progress will need to continue for several more months for solar to get competitive with fossil fuel energy without large governmental support. Industrial PV solar prices fell 1.1% to Continue reading

Solar may be emerging from 1st quarter bottom

solarThe first quarter has been a rough one for most solar companies. Aside from First Solar whose profits tripled, most solar companies reported large decreases in their profits and, most likely, losses. But the last two reports (from Trina Solar and China Sunergy) paint the picture of a potential return to profitability in the Continue reading