renewable energy

UnitedHealth Maintains Dividend

The shareholder payout continues to be in robust health at UnitedHealth Group . The company has declared its latest common stock dividend,...

Chevron Strategist: Era of Cheap Natural Gas Will End Soon

Right now, with the spread of fracking technology, America is in the midst of a natural gas boom that is keeping prices for the fuel low. But according to a key strategist at Chevron, the era of an abundance of cheap natural gas in the U.S. will be short-lived.

What's Goldman After With Its Big Green Energy Plan? More Green

Just how much do people hate Goldman Sachs? Here's a hint: The investment banker announced Thursday that it intends to invest $40 billion in developing clean, renewable energy projects. Critics immediately accused Goldman of cynical media manipulation.

Big Oil Taking Small Steps Toward Big Renewables Profits

The oil industry giants are embracing alternative technologies -- including biofuels, geothermal and solar. Right now, renewable sources provide only a tiny fraction of the profits they derive from oil and gas, but they'll have a real impact on the revenues of majors like BP, Exxon Mobil and Chevron in the not-so-distant future.

This IPO Could Be The Next Exxon Mobil

Biofuels company Solazyme owns a unique process when it comes to converting algae into a fuel could replace the gas in your car -- a method that could be used to create oil on an extremely large scale and at an extremely low cost. The company has just announced it's going public: You might want to get in on the action.

California's SolarCity Sees a Bright Market on the East Coast

California-based solar panel installer SolarCity has announced its second East Coast deal in a month: It's buying the residential solar business of Vermont-based groSolar, hard on the heels of its purchase of Maryland's Clean Currents. And SolarCity isn't the only West Coast solar player looking toward the sunrise for growth.

Natural Gas Boom: Cheap, Clean Fuel Presents Problem, Too

A natural gas boom is coming in the U.S, but while consumers are likely to benefit from the cheap energy source, investors may not. Huge new discoveries of domestic reserves may keep prices down, and the political push toward renewable energy sources could cut into producers' profits.

Google Invests in Offshore Wind Energy Network

Google is taking an investment stake in the construction of a major undersea power network off the mid-Atlantic coast, the company announced Tuesday. The project is designed to deliver enough energy to power 1.9 million households from offshore wind turbines to the Eastern Seaboard.

Clean-Tech Investments Surge, With Solar in Lead

Global clean-tech venture investments rose 43% to $2 billion in the second quarter and hit a high for the first half of this year. Solar and biofuel startups garnered the biggest funding, and the IPO market for clean-tech was much hotter in China than the U.S.

More Solar Power to Heat Up New York's Economy?

New York lawmakers are considering legislation to boost the state's solar power generation to 2.5% of overall electricity sales by 2025. This is part of a nationwide renewable energy trend driven by the new jobs and other economic benefits the switch will likely bring.

Will the Oil Spill Be Good for Clean Energy?

The oil spill is a major environmental disaster, yet the big black cloud has a silver lining. Industry insiders say clean-energy technologies could benefit from the public and political backlash against fossil fuels.

Absence of Smart Grid in Budget Talks Isn't Smart

When announcing his $3.8 trillion budget, Obama didn't mention the "smart grid," long key to his infrastructure spending plans. That's a shame, as improving our utility grid could create jobs as well as make us greener, more efficient and more competitive.