Children play on the rooftop of a house as emissions billow from smokestacks at the NTPC Ltd. Badarpur coal-fired power plant in Badarpur, Delhi, India, on Tuesday, April 28, 2015. (Kuni Takahashi/Bloomberg)

India renewable power demand to surge by 2040

Over the next quarter century, the 240 million people without electricity in India will likely become the biggest force behind global energy demand, the International Energy Agency says in a new report.
(Brendon Thorne/Bloomberg)

Texas wind and solar power could compete with fossil fuels in just a few years

While Texas currently has very little solar power generation, there are several projects currently in development.
David Crane, president and chief executive officer of NRG Energy, Inc. ,  looks at Solar panels above a parking lot at Arizona State University in Tempe, Arizona Tuesday June 11, 2013. (Laura Segall/ Bloomberg News)

NRG Energy makes management shifts amid sinking stock

NRG President and CEO David Crane bemoaned the “unabated selloff in our stock” earlier in November.
A dog is silhouetted as wind turbines manufactured by Gamesa Corp. stand at the Bharat Light & Power Ltd. Amberi wind farms in Rewalkawadi, Maharashtra, India, on Tuesday, Sept. 9, 2014. Prime Minister Narendra Modi's government in July restored a wind-farm tax benefit, which could propel wind installations to a three-year high of 2,600 megawatts in 2014, according to Bloomberg New Energy Finance. Photographer: Dhiraj Singh/Bloomberg

Planned Texas wind farm to power Owens Corning, Equinix

Chicago-based Invenergy will build a new 300-megawatt Texas wind farm near Lubbock to power Owens Corning insulation and fiberglass giant and Equinix data center company.
Shell Oil President Marvin Odum, center, speaks at the University of Houston energy symposium, "Carbon tax: Is it the right time?" on Tuesday, Nov. 10, 2015. ( Karen Warren / Houston Chronicle )

Shell Oil Co. president touts carbon tax over piecemeal regulations

A carbon tax or cap-and-trade system in the U.S. — and globally — would serve the energy industry better than the current slate of piecemeal state and federal regulations, Shell Oil Co. President Marvin Odum said Tuesday at a University of Houston energy symposium on “Carbon Tax: Is It the Right Time?”
(Ken James/Bloomberg)

Struggling SunEdison in cost-cutting mode as it seeks profitability

SunEdison quickly grew into the world’s largest renewable energy developer and is building a handful of solar and wind farms in West Texas and the Panhandle.
David Crane, president and chief executive officer of NRG Energy, Inc. ,  looks at Solar panels above a parking lot at Arizona State University in Tempe, Arizona Tuesday June 11, 2013. (Laura Segall/ Bloomberg News)

NRG posts first quarterly profit of 2015, but it’s down from last year

NRG, which is in the midst of a “reset” to cut costs and spin off its financially struggling solar and wind businesses, announced $67 million in net income for the quarter, down from $182 million during the same time last year.
U.S. Electricity Output Rose 6.2% From A Year Earlier

Texas will rival California in growth of greener, distributed power

The Pew Charitable Trust’s “Distributed Generation: Cleaner, Cheaper, Stronger” highlights the growth of wind and solar power, but also makes the case for lesser-known power sources like combined heat and power and waste heat to power. California and Texas are primed to lead the way, according to the report.
A wind farm in West Texas, outside of Roby. (Photo courtesy Rational Middle Media)

Dallas jumps Houston as top green power government

The EPA on Monday said the City of Dallas is now the largest local government user of green power in the nation, taking the top spot away from the City of Houston, which still ranks second above the District of Columbia, Montgomery County in Maryland, and the City of Austin — giving Texas municipal governments three of the top five spots nationally.
Texas Solar Outfitters installs solar panels in a newly constructed home located in the Dominion Falls subdivision in Humble, Texas.

Houston-based Sunnova secures $300 million, a Kinder and a Morgan

Sunnova CEO John Berger said the $300 million is in committed debt and equity funding from Credit Suisse and a group of equity investors led by Triangle Peak Partners, which is based in Houston and California. Other new business development partners include Philadelphia-based Franklin Square Capital Partners and GSO Capital Partners, which is the credit investment arm of the Blackstone Group private equity firm.