As the largest state-owned public utility in America, in one of the most progressive states in the country, the New York Power Authority doesn’t have the option of taking a “wait and see” approach on cleantech.

Plus, NYPA’s business model enables it to invest in and deploy new technologies in bold ways, according to President and CEO Gil Quiniones.

New York’s investor-owned utilities are also deploying innovative technologies. But NYPA can generally take more risks and move faster because it doesn't have to go through the Public Service Commission’s regulatory process.

“We tend to be able to be the first mover and the first

It's a good deal for solar, according to industry members.

European Union officials drew mixed responses from special interest groups this week after agreeing to a binding renewable energy target of 32 percent by 2030. The target represents a climbdown for the European Parliament, which had originally proposed 35 percent.

But it is still a big improvement over the European Council’s counteroffer of 27 percent. The deal includes a clause to allow for an increase in the target by 2023.

EU Climate Action & Energy Commissioner Miguel Arias Cañete tweeted that Europe was “upping the game” as negotiators emerged from talks that lasted through the night. 

And the European PV industry body

Elon Musk reorganizes Tesla again.

Elon Musk announced Monday that Tesla is laying off 9 percent of salaried employees at the company. This is not the first round of sweeping layoffs at Tesla — the most recent came after the SolarCity acquisition. But this appears to be the biggest so far.

This week, we'll discuss Elon's new quest for profitability.

Then, we'll cover the neverending saga in Washington over saving coal plants. The Trump administration is now trying to invoke national security to prop up closing coal and nuke plants — and the nation’s top energy regulators are giving it the cold shoulder.

Finally, The Energy Gang is

That golden age of gas predicted by the International Energy Agency isn't really materializing for the world's biggest turbine makers.

Faced with a decline in demand for new gas power units, Siemens is now considering the sale of its turbine business. Bloomberg originally reported the news.

This follows GE's decision to cut 12,000 jobs in its power generation business. The power giant is also reportedly considering a buyer for its multi-billion-dollar gas turbine arm.

Renewables now make up the majority of investment in new power generation, far outpacing spending on fossil fuels. This year could be one of the toughest for

Subtitle: 
At current growth rates, the amount of electricity used by air conditioners and fans will more than triple by 2050
Images: 

Today, most of the world's air conditioners are concentrated in a handful of affluent countries, but a sharp increase in demand will triple the amount of energy used for space cooling by 2050 and require new generating capacity equal to what's produced in the U.S., Japan, and the European Union today.

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SQN's CEO said the Section 201 trade case was a

SQN Capital Management issued a statement Thursday that is has released solar module manufacturer Suniva from bankruptcy, and plans to "restart operations as soon as possible."

Suniva filed for Chapter 11 bankruptcy protection last April. Shortly after, the Georgia-based solar manufacturer filed a Section 201 trade case, seeking relief from "destructive" foreign trade practices. At the time, Suniva was majority Chinese-owned.  

Financial firm SQN backed Suniva through the trade petition last year, which resulted in the Trump administration imposing a 30 percent step-down tariff on virtually all imported solar products.

SolarWorld Americas, formerly the U.S. arm

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