Latest Alternative energy industry News

New Mexico utility unveils solar array to power Facebook

Jul. 8, 2020 12:01 AM EDT

RIO RANCHO, N.M. (AP) — The largest electric provider in New Mexico has unveiled its latest solar array, a 50-megawatt facility that was built to power Facebook's Los Lunas Data Center with renewable energy. A virtual ribbon cutting ceremony was held Tuesday for the Encino Solar Field, located in Sandoval...

COVID-19 causes dismal quarter for Wyoming coal industry

Jul. 7, 2020 2:43 PM EDT

CASPER, Wyo. (AP) — Wyoming coal production has fallen dramatically as the coronavirus exacerbates a long-term trend of diminishing demand for the fossil fuel to generate electricity. Wyoming's 16 coal mines produced 34% less coal in April, May and June compared with the same period in 2019, according to...

FILE - In this Dec. 30, 2011 file photo, Cao GuangJing, left, CEO of China Three Gorges Corporation, embraces Antonio Mexia, CEO of Energia de Portugal (EDP) after signing a deal at the Portuguese Finance Ministry in Lisbon. The Lisbon stock exchange on Monday july 6, 2020, suspended trading in Portugal's national energy provider EDP and its international renewable energy division after media reports said a magistrate has suspended the CEOs of both companies amid a major corruption investigation. EDP is one of Portugal's biggest companies, with significant interests in the U.S. renewable energy market. Its biggest shareholder is China Three Gorges. (AP Photo/ Francisco Seco)

Portuguese energy firms replace CEOs amid corruption probe

Jul. 7, 2020 7:06 AM EDT

LISBON, Portugal (AP) — Shares in Portugal’s blue-chip national energy provider EDP and its international renewable energy division rose Tuesday after the companies replaced their CEOs amid a corruption investigation. An investigating magistrate on Monday ruled that Energias de Portugal CEO Antonio...

Trading halted in Portugal energy firm amid corruption probe

Jul. 6, 2020 1:57 PM EDT

LISBON, Portugal (AP) — The Lisbon stock exchange suspended trading in Portugal’s national energy provider EDP and its international renewable energy division Monday after media reports said a magistrate had suspended the chief executives of both companies amid a major corruption investigation. The...

Local landowner, energy firm propose 700-acre solar project

Jul. 2, 2020 5:20 PM EDT

WATERVILLE, Maine (AP) — Local landowners are proposing a 700-acre solar energy project in Benton, Clinton and Unity Township in partnership with a renewable energy company. Bessey Development Company, which owns the land, and Longroad Energy, based in Boston, want to invest $190 million in the project...

House Speaker Nancy Pelosi of Calif., speaks at a news conference on Capitol Hill in Washington, Friday, June 26, 2020. (AP Photo/Carolyn Kaster)

Dem climate plan would end greenhouse gas emissions by 2050

Jun. 30, 2020 5:56 PM EDT

WASHINGTON (AP) — House Democrats on Tuesday unveiled a plan to address climate change that would set a goal of net-zero greenhouse gas emissions by 2050, while pushing renewable energy such as wind and solar power and addressing environmental contamination that disproportionately harms low-income and...

Facebook to build $800 million data center in DeKalb

Jun. 30, 2020 1:03 PM EDT

DEKALB, Ill. (AP) — Facebook has announced it will build an $800 million data center in DeKalb that will create about 100 permanent jobs and depend on 100 percent renewable energy. The 907,000 square-foot data center, Facebook’s 12th in the U.S. and first in Illinois, will use 80% less water than an...

Two of the offshore wind turbines have been constructed off the coast of Virginia Beach, Va., Monday June 29, 2020. Two wind turbines are part of an offshore wind turbine project. The turbines will begin operation in August. (AP Photo/Steve Helber)

Virginia moves a step closer to harnessing offshore wind

Jun. 29, 2020 7:54 PM EDT

VIRGINIA BEACH, Va. (AP) — Virginia’s governor ceremonially signed legislation Monday that sets a path for the eventual approval of two large-scale offshore wind farms that could produce enough electricity to power more than a million homes in the state. The two proposed projects would be located...

FILE - This Tuesday, Aug. 1, 2017 file photo shows the BP logo at a petrol station in London. Energy company BP is writing off as much as $17.5 billion from its oil and gas assets and will review its plans to develop oil wells as the COVID-19 pandemic accelerates its goal of decreasing its reliance on fossil fuels. (AP Photo/Caroline Spiezio, File)

BP sells petrochemicals arm to Ineos for $5 billion

Jun. 29, 2020 8:14 AM EDT

LONDON (AP) — Oil and gas company BP has sold its global petrochemicals business to Ineos for $5 billion, part of its plan to shift activities to renewable sources of energy. The company said in a statement Monday that the overlap of the petrochemicals business with the rest of the company is...

FILE - This Nov. 9, 2009, file photo, shows the coal-fired San Juan Generating Station near Farmington, N.M. Solar panels with the capacity to produce hundreds of megawatts of electricity and back-up battery storage systems would be installed in northwestern New Mexico to replace the coal-fired generating station under one alternative that will be considered by state regulators. Hearing examiners with the state Public Regulation Commission issued the recommendations Wednesday, June 24, 2020. (AP Photo/Susan Montoya Bryan, File)

Solar leads options for replacing New Mexico power plant

Jun. 24, 2020 3:39 PM EDT

ALBUQUERQUE, N.M. (AP) — Solar panels with the capacity to produce hundreds of megawatts of electricity and back-up battery storage systems would be installed in northwestern New Mexico to replace the coal-fired San Juan Generating Station under one alternative that will be considered by state regulators. ...