In an effort to kickstart New York State's ambitious Reforming the Energy Vision (REV) initiative, Governor Andrew Cuomo announced $175 million in awards for five clean energy projects on Thursday.
As the collapse in global oil prices wreaks havoc on the oil industry, Europe's second largest oil and gas company said it would ramp up investments in renewable energy.
Nine companies, including such household names as Goldman Sachs, Walmart and Starbucks, joined a green electricity campaign this week called RE100 that aims to promote the use of renewable energy resources for electricity as a way of combatting climate change.
U.S. Senate Democrats revealed an ambitious climate and energy bill on Tuesday that would accelerate efforts to replace fossil fuels with renewable energy and cut greenhouse gas emissions to levels below the targets pursued by the Obama administration.
EDF, the state-controlled electric utility company based in Paris, France, is pinning its hopes for growth on renewable energy investments, including investments in markets outside of Europe.
Chinese President Xi Jinping arrived in Seattle on Tuesday to kick off three days of high-level meetings with political leaders across the United States. Clean technology is likely to be one of the more complicated issues on the agenda for many of those meetings.
The University of Notre Dame said it would stop burning coal within five years and invest in renewable energy in response to Pope Francis' recent calls for Catholics to combat climate change.
The legislation could amplify several financial issues likely to affect public power utilities over the medium to long term, according to Fitch Ratings.
Under SB 350, the utilities would increase the share of electricity from renewable energy to 50 percent by 2030. The legislation would also mandate by 2030 a 50 percent increase in energy efficiency in buildings by that year.
The U.S. Department of the Navy just sealed the deal on the largest purchase of renewable energy ever made by a federal entity.