wind energy

Last week, President Obama outlined a new energy policy that aims to reduce America's dependence on foreign oil. How can patient investors capitalize on his vision?

This is a story about bags, but it's not the same old "paper vs. plastic." To understand the twists and turns here, a few words about the electric grid are necessary. The electricity from wind farms and solar "groves" is usually uploaded to the grid, where it joins the vast sea of other electrons...

As rapid economic growth and a population boom take place in the developing world, oil will play an increasingly vital role, no matter what its drawbacks. That puts the likes of Schlumberger, Weatherford and Baker Hughes in a sweet spot.

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.

Deere & Company (DE) agreed to sell its wind energy business to Exelon Corporation (EXC) for $900 million, including earn-out provisions. Exelon Generation Company, a wholly owned subsidiary of Exelon Corp, will buy John Deere Renewables in a deal expected to close by the end of 2010, Deere...

Last Wednesday was New York Wind Energy Day. Like other recent officially designated days (New York International Fringe Festival Day, Hispanic Television Summit Day), Wind Energy Day coincided with a big conference: the Wind Power Finance & Investment Workshop, hosted by the American Wind...

For anyone who watched the recent speeches by U.S. President Barack Obama and Chinese Premier Hu Jintao at the United Nations, the difference between the character of their content was remarkable. Obama failed to give specific promises on just about anything. Instead, he boasted that his stimulus...

This may be a better time than ever for renewable energy. The climate for passing laws that would create subsidies for it are promising: last year, the Production Tax Credit for wind power was extended, along with a hefty longterm-Investment tax credit for solar power. A loan guarantee program was...

T. Boone Pickens is not a modest man. Then again, the self-made billionaire has earned the right to brag a little even though his ego was bruised today by the high-profile flop of his $8 billion wind energy project in his native Texas. Pickens, 81, was undaunted declaring at press conference on...