Energy
PG&E files for Chapter 11 bankruptcy

PG&E files for Chapter 11 bankruptcy

It’s been a long road for Pacific Gas and Electric, after facing possible murder charges for its role in California’s recent wildfires as well as lawsuits from survivors, the utility has filed for Chapter 11 bankruptcy. As PV Magazine explained, the filing is a financial move that allows PG&E to reorganize its debts, and does not involve […]

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Germany to shutdown all coal plants, will rely on renewables

Germany to shutdown all coal plants, will rely on renewables

Germany, one of the world’s biggest consumers of coal, will shut down all 84 of its coal-fired power plants over the next 19 years and will work to rely significantly on renewable energy to meet its international commitments in the fight against climate change, a 28-member government commission said Saturday.

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Head of World Bank Steps Down, Goes Green

Head of World Bank Steps Down, Goes Green

The head of the World Bank, Jim Yong Kim, is stepping down three years early to join the investment firm Global Infrastructure Partners, which focuses on investing in renewable power generation assets in developing countries, according to the Financial Times.  News of his departure next week caught many in the financial world by surprise, but it also signals the growing importance and profitability of the development of green infrastructure.  

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Shutdown Not Slowing Down Trump Administration Energy Priorities

Shutdown Not Slowing Down Trump Administration Energy Priorities

While most of the Interior Department and the Environmental Protection Agency are in a seemingly endless shutdown limbo, the priorities of the Trump Administration go on without a hitch.  Two high profile examples came to light over the weekend — the preparation for newly nominated Acting EPA Administrator Andrew Wheeler’s confirmation hearing and the busiest […]

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California looks to more distributed solar

California looks to more distributed solar

We wrote recently that after the massively destructive wildfires in California in 2017 and 2018, the state’s largest electric utility, PG&E, was facing criticisms that large utilities have become an obsolete way to provide power to people in a state prone to wildfires. The argument is that PG&E is incapable of managing risk and its response […]

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A challenge to make New York City 100% renewable

A challenge to make New York City 100% renewable

According to a draft of proposed legislation obtained by Huffington Post, New York City Councilman Costa Constantinides is preparing to introduce a bill mandating that the city come up with a plan by the end of the year to phase out nearly two dozen gas-fired power plants and replace them with renewable sources of electricity.

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