renewable energy
Big Oil Taking Small Steps Toward Big Renewable Energy Profits
3:00PM 7/19/2011
Energy, Exxon Mobil, Stock Picks, BP, Stocks in the News, Chevron, ConocoPhillips
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
8:00AM 4/24/2011
Energy, Exxon Mobil, Goldman Sachs , Morgan Stanley , Green, Investment
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
9:26AM 2/17/2011
The big solar panel installer has announced its second East Coast deal in a month: It's buying the residential solar business of Vermont-based groSolar, after picking up Maryland's Clean Currents. And SolarCity isn't the only West Coast solar player heading East for growth.
Americans Love Green Energy, but Will They Pay for It?
6:00PM 2/11/2011
While more than three-quarters of Americans have a favorable impression of solar energy, very few have been willing to invest in the technology. Is this about to change?
China's plans to cut exports of rare earth minerals -- used in alternative energy technologies -- has the rest of the world scrambling. In the U.S., the country's first new rare-earth mine in more than a decade is set to reopen.
Natural Gas Boom: Cheap, Clean Fuel Presents a Problem for Investors
1:50PM 12/30/2010
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
10:39AM 10/12/2010
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.
Alstom to Power Down Its Power Plant Work Force
8:00PM 10/04/2010
In a sign that large fossil-fuel power plants may be falling out of favor, French engineering company Alstom on Monday announced plans to cut 4,000 jobs in the next 17 months. Alstom cited low demand for its coal and natural-gas plants. Its renewable-energy operations won't be affected by the cuts.
After the California Legislature ended its session without adopting a new renewable standard, regulators took matters into their own hands and approved the 33% standard Thursday. Will the standard prove effective?
Clean-Tech Investments Hit a High, With Solar Shining Brightest
10:00AM 7/02/2010
Global clean-tech venture investments rose 43% to $2 billion in the second quarter. Solar and biofuel startups garnered the biggest funding, while the IPO market for clean-tech was much hotter in China than the U.S.
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