Vehicle fuel economy standards, efficiency standards for appliances and equipment, and the government's Energy StarLabeling system sponsored by the Environmental Protection Agency and the US Department of Energy for labeling the most energy-efficient products on the market; applies to a wide range of products, from computers and office equipment to refrigerators and air conditioners. program were the three most productive ways of saving energy in 2014, the American Council for an Energy-Efficient Economy (ACEEE) reports.
SolarCity has started to describe itself as two types of operations under one roof -- a development company and a power company. The development company sells and installs solar and energy storage. The power company provides financing and harvests 30 years' worth of energy production and asset yield. (Similarly, SolarCity Chairman and Tesla CEO Elon Musk recently said that there are two Teslas, the car company and the energy company.)
According to SolarCity, "DevCo represents strong long-term growth, and PowerCo represents high-quality, long-term yield."
In Q2 2015, SolarCity (the development company) booked 395 megawatts and installed 189 megawatts, beating guidance. (In Q1 2015, SolarCity booked 237 megawatts and installed 153 megawatts.) SolarCity (the power company) has produced over 1.25 terawatt-hours of energy over the last 12 months and recently hit the 6.5-gigawatt-hour-day mark.
Metrics and milestones
- Available cash: $114 million, of which a record $41 million was generated in Q2. According to its investor letter, SolarCity believes that "available cash" is a clearer representation of "true business performance and represents the net levered cash...
Pretty much everything bad that could happen to the coal industry is happening.
Global coal demand is slumping; low natural gas prices and competitive renewables are shifting the energy mix in America; and a slew of regulations are speeding up the closure of coal power plants.
Since 2012, more than 40 U.S. coal companies have filed for bankruptcy. And just this week, Peabody Energy, one of the largest coal firms in the world, reported $1 billion in quarterly losses.
In this week’s show, we’ll talk with Taylor Kuykendall, a coal reporter with SNL, about all the factors contributing to coal’s demise.
Then, we’ll discuss new grid rules in California that will allow companies to aggregate distributed resources and bid them into wholesale electricity markets.
And we’ll end with a look at Hillary Clinton’s proposed plan to install 140 cumulative gigawatts of solar in America by 2020.
This podcast is sponsored by ReneSola, a Tier 1 solar cell and module manufacturer with a decade of experience in the cleantech industry.
The Energy Gang is produced by Greentechmedia.com. The show features weekly discussions between energy futurist Jigar Shah, energy policy expert...