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New York plans to prohibit fracking, citing health and environmental concerns

On Wednesday, New York’s health and environmental commissioners moved forward with an effort to ban fracking across the state citing unresolved health issues, grave environmental concerns and uncertainties surrounding the controversial natural gas drilling practice. New York, which overlies part of the Marcellus shale, one of the largest natural gas deposits in the United States [...]

Altamont Pass Wind Farm

Florida’s NextEra Energy To Acquire Hawaiian Electric Industries In $4.3b Deal

NextEra Energy Inc., North America’s largest generator of wind and solar power is acquiring Hawaiian Electric Industries Inc. (HEI), in a deal that the company sees as a proving ground for its push into clean energy. Energy giant NextEra will pay $4.3bn for Hawaiian Electric Industries. As part of the deal, NextEra Energy will handle Hawaiian Electric’s [...]

E.ON

German power giant E.ON to split in two in major revamp

Germany’s largest utility firm, E.ON on Sunday announced it will split into two companies, with one focused on renewables and the new one on conventional energy in an effort to deal with the crisis that has grappled the European energy sector. The German utility said it would focus on renewables, regulated distribution networks and customer solutions, [...]

Solar Panel

Old Blu-ray discs can boost solar panel efficiency by 22 percent, study says

Blu-ray discs have become largely obsolete in the arena of digital downloads and streaming video. But they are now gearing up for a new and completely different return. It turns out that, the blue-bottomed discs are very good at enhancing the light-absorbing properties of solar panels. The tiny patterns etched into the bottom of the [...]

Solar Energy

Creating solar, wind power now is as cheap as other energy sources

It has been a long-held dream for the solar and wind industries in the United States to generate energy at a cost equal to conventional sources like coal and natural gas. That day seem to be dawning soon. Since the last five years, the cost of providing electricity from wind- and solar-power plants has plunged, [...]

Cloud Data Centre

Amazon pledges to long-term renewable energy on its cloud platform

Amazon has pledged to achieve 100 percent renewable energy usage vowing to run its data centers completely on renewable energy, after being criticised by Greenpeace for being stuck in a dirty energy past. Major tech companies are making an extensive environmental pledge to use renewable energy, considering the large number of data centers and machines [...]

First Wind

SunEdison and TerraForm turn to wind generation, will acquire First Wind for US$2.4 billion

Solar developer SunEdison and renewable energy operator TerraForm Power announced on Monday that they have signed a definitive agreement to acquire wind energy projects developer First Wind for $2.4 billion. With this deal, SunEdison would be world’s largest renewable energy development company. SunEdison said it was raising its 2015 project installation guidance from a range of [...]

Netherlands solar road, converts sunlight into electricity and is the world's first solar-panelled bike path

Netherlands Opens World’s First Solar-Powered Bike Path For Public Use

The world’s first road that converts sunlight into electricity is set to open in the Netherlands on Nov. 12. The solar-panelled bike path aptly called SolaRoad will stretch about 70-meters or 230 feet long (less than one mile) to connect two suburbs in Amsterdam, Krommenie and Wormerveer. The path will become the first in the [...]

Zheng Jianming

Hong Kong Property Investor Creates a $20 Billion Solar Investments Portfolio

A Hong Kong property investor has invested about $20 billion in Chinese solar manufacturing company in hopes of expanding his range of businesses in environmentally friendly technologies and may even seek Wall Street investment for the same. Zheng Jianming, chairman and founder of Asia Pacific Resources Development Investment Ltd., is considering a public listing for [...]

(Image: Statoil headquarters in Norway)

Statoil sells stake in Shah Deniz to Petronas for USD 2.25 billion

Norway’s biggest energy company, Statoil has sold its remaining 15.5 percent stake in the Shah Deniz field in Azerbaijan for $2.25 billion to Malaysia’s Petroliam Nasional Berhad (Petronas). The transaction incorporates sales of the interest in the Shah Deniz production-sharing agreement, the share in the South Caucasus Pipeline Co. as well as its holding organization, [...]

The Proverbial Glass Ceiling that Limits Stilettos in the Male Dominated Oil and Gas Industry

The Proverbial Glass Ceiling that Limits Stilettos in the Male Dominated Oil and Gas Industry

The oil and gas industry has been traditionally tinted as an exclusive “boys’ club”. Statistics show that as much as 72 percent of oil and gas professionals are males, leaving an unbridgeable gap to the existing gender imbalance that needs a rapid and pragmatic solution. In a recent survey by BP and Rigzone, it was [...]

The most photographed phone booth in London sits in front of Big Ben.

Solar Calling? London’s Iconic Red Phone Booths Go Green

Britain is just not yet ready to bid farewell to its beloved crimson telephone booths, it seems. Whether it is opening a small library, or opening elongated aquariums or even the world’s smallest pub, the UK has largely fallen into the habit of saving its darling icon by means of creative repurposing. The rescue efforts [...]

Kinder Morgan - Philadelphia Terminal

Kinder Morgan Slapped with a Class Action Lawsuit over Consolidation Plan

A Kinder Morgan Energy Partners LP shareholder has filed a class action lawsuit in Delaware Chancery Court on Friday to put the imminent $70 billion merger between Kinder Morgan Inc.’s limited partnership units to a halt. Lead petitioner Irwin Berlin said that under the tax structure of the KMI buy out of equity shares of [...]

Oahu, Hawaii,has the highest number of houses installed with rooftop panels compared to the rest of the U.S.

The Bitter Battle between Utilities and Solar around the Globe

Recently when Spain issued a notice of a law enforcing solar energy-equipped homes and offices to pay a reformatory tax, architect Inaki Alonso re-installed a 250 watt solar panel on a bar over his Madrid terrace. “The government wanted people to be afraid to generate their own energy, but they haven’t dared to actually pass [...]

Siemens Headquarters in Munich, Germany

Siemens Inks $7.6bn Deal with Dresser-Rand

Europe’s largest engineering conglomerate, Siemens has agreed to acquire Houston-based Dresser-Rand in a $7.6bn (£4.6bn) transaction which will help the German electronics giant to fire-up its oil and gas business in North America. The American firm manufactures oilfield supplies and equipments, and under the arrangement, it will turn into “the platform for oil and gas [...]

Shares of Sinopec were down around 6 percent in midday trading on Monday in Hong Kong.

China Sinopec Sells $17.4bn Retail Unit Stake in Privatisation Push

State-controlled oil giant, Sinopec Corp, on Sunday unveiled its plans to raise $17.4 billion by offering a stake in its nationwide chain of gas stations to outside investors, indicating the biggest privatization push since President Xi Jinping came to power around two years ago. Sinopec, China’s biggest Petroleum and Chemical Corporation, has arranged to offer [...]

Translucent Solar Cells

MSU Researchers Develop Next-Gen Transparent Solar Panels

Scientists at Michigan State University have created a completely transparent solar concentrator, which like your cellphone’s screen could turn any window or sheet of glass into a photovoltaic solar cell. (See Image) The team is certain that the transparent solar panels could be proficiently utilized in an extensive variety of settings, from “tall buildings with [...]

Solar Panels

Australian Scientists Create Technology that can 3D Print Solar Panels every Two Seconds!

A group of 50 scientists from diverse field worked since 2007 to create paper-slender, printable solar panels as a major aspect of the Victorian Organic Solar Cell Consortium. The unique technology utilizes specially developed “solar-ink” that can be printed onto plastic film using standard printers. They hope to see commercialization for utilization in low-power applications [...]

Most of the countries including Saudi Arabia have been making massive investments in petroleum refineries, seeking to reduce imports of diesel and gasoline.

U.S. Oil Economy Could Falter as Saudi Arabia Enters Solar Market

Just as U.S. Department of Commerce is reconsidering to lift the 1970 ban off U.S. crude oil exports, so that it does not significantly damage the efficiency of oil economy, there’s a whiff of bad news coming from the Middle East. The Kingdom of Saudi Arabia is set to remove the electrical grid off its [...]