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A Chinese investor gestures while standing in front of electronic displays showing stock prices in a brokerage house in Beijing, Friday, Jan. 8, 2016. Chinese stocks were volatile Friday and other Asian markets rebounded after a plunge in Chinese prices rattled global markets. (AP Photo/Mark Schiefelbein)

Asia benefiting most from Middle East oil market share battle

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One hundred and seventy-six years after the birth of John Boyd Dunlop, and the crude complex is coming under pressure again. It is Nonfarm Friday, which means that the market is all a’flustered, digesting the soon-to-be-revised official monthly US unemployment report. The report was fairly underwhelming from a headline perspective; only 151,000 jobs were created last […]
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

Renewable energy forecast to grow 9 percent in 2016

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On a percentage basis the largest gains are expected to come in solar energy, which is anticipated to grow 28 percent.
Wind turbines and oil pumpjack in action Tuesday, Oct. 27, 2015, north of Stanton, Texas.
(James Durbin/Reporter-Telegram)

Texas beats all other states combined in planned wind power growth

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Despite the Lone Star State’s vast number of wind farms already in operation, Texas now counts more than half of the entire nation’s wind growth currently under construction.
An employees stands for a photograph near wind turbines manufactured by Gamesa Corp. 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

Renewables attracted record $329 billion of investment in 2015

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While oil companies such as Exxon Mobil Corp. and Royal Dutch Shell Plc eliminate jobs and curb capital spending to cope with prices that have fallen two-thirds in 18 months, renewables are enjoying a renaissance underpinned by rules designed to curb fossil-fuel emissions damaging the atmosphere.

Oil investment plummets, while clean energy investment rises

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The crude complex is rocking out in celebration of Dave Grohl’s 47th birthday today, pushing higher while risk aversion reigns in broader markets overnight. European and most Asian equity markets have been playing catch-up with yesterday’s rout in the US, yet as US equities look to rebound today, so doth crude. In terms of economic […]
Categories: Crude oil, Solar
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Wind turbines and oil pumpjack in action Tuesday, Oct. 27, 2015, north of Stanton, Texas.
(James Durbin/Reporter-Telegram)

Wind and solar now leading Texas in power growth

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Since May, the grid has added nearly 3,000 megawatts of power capacity — about two-thirds from new wind farms.
(Bob Owen/San Antonio Express News)

Southern Company buys planned Texas solar farm

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The Roserock solar farm will provide power to the city of Austin and surrounding areas through a 20-year power purchase agreement with the municipally owned Austin Energy.
A thick cloud of fog and morning light engulfs wind turbines at the BP Sherbino Mesa II Wind Farm in Fort Stockton. ( Michael Paulsen / Houston Chronicle )

US ranks No. 1 for new wind projects

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Texas leads the pack with 12,000 megawatts of wind power generation capacity, according to the American Wind Energy Association’s annual market report.
(AP Photo/Brennan Linsley)

Renewables could feed all New York power needs, academics say

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A new study says New York could get the power it needs from wind, water and sunlight by 2030 with a concerted push, though the state’s decade-long effort to significantly boost green energy shows how challenging that could be.
Outgoing Interior Secretary Ken Salazar, shown during a recent interview, told lawmakers on Thursday that his successor will unveil new oil and gas drilling rules soon after taking office.   (AP Photo/Charles Dharapak)

Cape Wind could break ground this year, Salazar says

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Interior Secretary Ken Salazar said Friday he is optimistic that the nation’s first offshore wind farm will break ground this year after more than a decade of delays.