article thumbnail

BNEF: wind and solar boost cost-competitiveness versus fossil fuels

Green Car Congress

The levelized cost of electricity analysis for H2 2015 shows onshore wind to be fully competitive against gas and coal in some parts of the world, while solar is closing the gap. Our report shows wind and solar power continuing to get cheaper in 2015, helped by cheaper technology but also by lower finance costs.

Wind 150
article thumbnail

Ford partners with Wind Energy Corp to power 4 dealerships

Green Car Congress

Ford Motor Company is partnering with Wind Energy Corporation to deliver a new source of clean energy to its dealers. Under a pilot program exclusive to Ford, Wind Energy will install wind sail and solar panel systems at four Ford dealerships, a nearly $750,000 investment, to help power dealer facilities.

Wind 239
article thumbnail

EIA: US energy-related CO2 dropped 2.7% in 2015; of end-use sectors, only transportation increased

Green Car Congress

According to a report from the US Energy Information Administration (EIA), US energy-related CO 2 emissions decreased by 146 million metric tons (MMmt) in 2015 to 5,259 MMmt, down 2.7% Energy-related CO 2 emissions in 2015 were about 12% below 2005 levels. —“US Energy-Related Carbon Dioxide Emissions, 2015”. Electricity.

2015 150
article thumbnail

BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

Green Car Congress

New investment in wind, solar, and other clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in China. This is due to wind and solar projects generating only when natural resources are available while oil, coal, and gas plants can potentially produce around the clock.

Coal 243
article thumbnail

ABB and Solar Impulse in technology alliance for round-the-world flight powered by the sun

Green Car Congress

ABB and Solar Impulse have formed a technology alliance under which ABB will support Bertrand Piccard and André Borschberg in their attempt to fly around the world in a solar-powered airplane in 2015. The 12,000 solar cells built into the wing provide four 10 hp electric motors with renewable energy. Earlier post.).

Solar 246
article thumbnail

4 companies jointly propose $8B green energy initiative for LA area; Wyoming wind, Utah storage, transmission

Green Car Congress

Four companies—Pathfinder Renewable Wind Energy, Magnum Energy, Dresser-Rand and Duke-American Transmission—have proposed a first-in-the-US, $8-billion green energy initiative that would bring large amounts of clean electricity to the Los Angeles area by 2023. million megawatt-hours per year vs. 3.9 million megawatt-hours.

Utah 261
article thumbnail

US installs 6.2 GW of solar PV in 2014, up 30% over 2013

Green Car Congress

Newly installed solar photovoltaic (PV) capacity in the US in 2014 reached a record 6,201 MW, growing 30% over 2013’s total, according to the new US Solar Market Insight 2014 Year in Review report released by GTM Research and the Solar Energy Industries Association (SEIA). All solar projects completed in 2014 represent $17.8

2014 150