Despite declines for the quarter, Tesla is bullish on its overall energy business

Even as its solar business declined in step with its overall earnings, Tesla is bullish on the prospects for the energy side of its business over the course of the year. The energy business is an unheralded part of Tesla — overshadowed by its headline-grabbing (and much larger) auto exploits — that chief executive Elon […]

Google launches clean energy project in Taiwan, its first in Asia

Google has launched its first clean energy project in Asia. The company announced today that it struck a long-term agreement to buy the output of a 10-megawatt solar array in Tainan City, Taiwan, about 100 km south of its data center in the country. Google already has solar and wind projects across North and South […]

Oil and gas giants Chevron and Occidental are backing tech to combat carbon emissions

Carbon Engineering, a Canadian company developing technology to remove carbon dioxide from the atmosphere and process it for use in enhanced oil recovery or in the creation of new synthetic fuels, has locked in financing from two big industry backers — Chevron and Occidental Petroleum — to bring its products to market. The undisclosed amount […]

This project is mapping every solar panel in the country using machine learning

Renewable energy is the future, but at present no one is tracking just who’s got solar panels on their roof, in their back yard, or a shared neighborhood installation. Fortunately, solar panels generally work best when exposed to the light. That makes them easy to spot, and count, from orbit — which is just what […]

The cost of energy storage has stalled adoption of renewable power. Energy Vault has a solution.

Because solar and wind power are now cheaper to produce than energy from fossil fuels, the only obstacle that remains to the mass adoption of renewable power is the amount of money utilities need to spend to store the energy those systems produce. Right now, storing 100 megawatts of renewable energy (enough to power roughly 600,000 […]

SenseHawk, drone analytics for the solar industry, takes flight with $2M investment

The consumer market is just the tip of the iceberg for drones, which have the potential to deploy across a range of different industry verticals such as construction or agriculture. That’s the premise behind SenseHawk, a U.S-India startup that specializes in using data captured by drones to develop insight for projects within the solar industry. The startup […]

Facebook is opening its first data center in Asia

Facebook is opening its first data center in Asia. The company announced today that it is planning an 11-story building in Singapore that will help its services run faster and more efficiently. The development will cost SG$1.4 billion, or around US$1 billion, the company confirmed. The social networking firm said that it anticipates that the […]

Facebook has committed to using 100% renewable power for global operations by 2020

Earlier today, Facebook said that it has committed to reducing its greenhouse gas emissions by 75 percent and using 100 percent renewable energy to power global operations at the social networking giant by the end of 2020. So, while the company may have problems keeping foreign nationals from using the platform for influence operations (or garbage […]

Solar project lending startup Wunder Capital raises $112 million as renewable energy shines

As renewable energy continues to gobble up more and more of the new energy capacity coming online, the solar project lending company Wunder Capital has raised $112 million in primarily debt financing to boost its business. The 90 percent debt and 10 percent equity commitment came from the multi-strategy investment firm Cyrus Investments, which has […]

The Sun Exchange funds solar installations with micro-investments and bitcoin

 Solar power could transform small communities around the world, but remote villages can’t always scrape together the thousands of dollars required to install the cells. The Sun Exchange wants to change that by leveraging the hearts and wallets of hobby investors, who cover the installation costs and then have their share of the revenue trickle […]