Solar panels, solar manufacturing and solar trade case.

Corporations continue to ignore President Trump’s charade over the Paris climate agreement.

During Climate Week NYC, the Climate Group announced a record number of companies have signed on to a 100-percent renewable power commitment by 2020. Big financial institutions Citi and JPMorgan Chase & Co. joined the pledge, bringing the group to 110 companies. Those corporations account for 150 terawatt-hours of energy per year.

New York State, where the event takes place, consumes less energy in a year, according to the Energy Information Administration.   

“Their leadership will help to shape energy markets away from fossil fuels and deliver on the Paris Agreement at speed,”

New York Reforming the Energy Vision

In his first Tesla Motors master plan, Elon Musk wrote, “The overarching purpose of Tesla Motors (and the reason I am funding the company) is to help expedite the move from a mine-and-burn hydrocarbon economy towards a solar electric economy, which I believe to be the primary, but not exclusive, sustainable solution.”

Just over a decade later, it looks like that sustainable solution is within reach -- solar deployments are booming and Tesla is leading the charge toward the greater proliferation of electric vehicles that can run on renewably-generated electrons.

But as clean energy flourishes, the solutions from electric vehicle companies

Proterra’s Electric Bus Breaks a World Record for Range—1,100 Miles on a Single Charge

Over the past several years, utilities and public power producers have increasingly diversified their portfolios for a variety of strategic reasons in a dynamic that echoes the U.S. government’s own “All of the Above” energy strategy. Diversity in generation sources can enhance energy security, reliability and consumer protection, and it can improve the environmental profile of the fleet. 

As part of the effort to diversify, many power companies have developed solar projects or have purchased solar-generated power, or both. As a rule, power companies plan on a 20-year cycle and depend on predictable cost structures, particularly for their solar projects.

The strategic assessments of renewable projects are

Solar panels, solar manufacturing and solar trade case.

French oil giant Total is moving further into renewable energy, and may target the offshore wind market next, after this week’s investment in cleantech developer EREN Renewable Energy.

On Tuesday, Total said it took a 23 percent share in the company for €237.5 million ($284.9 million), with an option to buy the rest after five years. This week, Total also bought GreenFlex, a French energy efficiency player, for an undisclosed sum.

“Total integrates climate challenge into its strategy and is pursuing steady growth in low-carbon businesses, in particular in renewable energy,” said Patrick Pouyanné, chairman and CEO of Total, in a press release.


Proterra’s Electric Bus Breaks a World Record for Range—1,100 Miles on a Single Charge

A bold idea to make low-carbon transport more accessible just hit a major milestone.

On Tuesday afternoon, startup Gogoro­ -- which makes electric scooters and builds battery-swapping networks to charge them­ -- announced that it has raised $300 million from a group of investors including Al Gore’s Generation Investment Management. Gogoro previously raised $182 million in two rounds, bringing its total funds raised to nearly $500 million.

Gogoro founder and CEO Horace Luke told GTM the funds were raised at a post-money valuation of slightly over $800 million, making Gogoro “not yet a unicorn,” he said. 

In addition to Generation, other investors

The pending U.S. solar trade case is about to hit a major crossroad.

On Friday, September 22, the U.S. International Trade Commission will determine whether or not the few remaining domestic solar manufacturers have sustained “serious injury” from imported solar products. If the answer is no, the case brought by petitioners Suniva and SolarWorld will be dismissed. If the answer is yes, the governing body will work on a proposed remedy. Ultimately, President Donald Trump will have the ability to accept, reject or reform the ITC’s recommended solution.

The Solar Energy Industries Association (SEIA), in partnership with utilities, solar supply-chain companies

New York’s Reforming the Energy Vision initiative just took a wrong turn, according to solar groups. 

Last week, the New York Public Service Commission approved an order for setting the Value of Distributed Energy Resources, or VDER -- the complex metric that the state wants to use to replace net metering for larger-scale community solar projects in the short term, and eventually, for all distributed energy resources across the grid. 

But last week’s order is drawing fire from solar groups, including the Natural Resources Defense Council, the Solar Energy Industries Association, Vote Solar and the Acadia Center. According the NRDC, the

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We are a privately-owned Qatari company established in June 2011 and operating from Doha, Qatar.

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