Monthly Archives: May 2012

California Sinks $15 million into Green Transportation

California has once again given a substantial boost to the development of advanced biofuels and electric vehicles. The state’s Energy Commission today announced that it will award more than $15 million for projects ranging from artificial photosynthesis to vehicle-to-grid (V2G) technologies. Continue reading

Despite Challenges, Solar Industry Set to Shine, Report Says

In recent months, the burgeoning global solar market has faced a wave of setbacks, including an oversupply of modules, low profit margins, reduced government support and competition from cheap shale gas. But amid the litany of bad news, a new report from McKinsey & Company suggests that the future of solar is bright.

Annual solar photovoltaic (PV) installations could increase fifty-fold by 2020 compared with 2005 levels, “achieving installation rates that could rival those of gas, wind, and hydro, and could outpace nuclear,” the report says. Continue reading

New York Gov. Cuomo Promotes Energy Efficiency, Solar, Green Manufacturing

Last week, New York Gov. Andrew M. Cuomo announced a range of clean-energy and environmental initiatives, including a $450 million investment aimed at reducing energy use in state buildings by 20 percent over four years. Continue reading