LOS ANGELES, Jan 31 (Reuters) – Blu LNG, one of the biggest
names in the move to wean U.S. trucks off diesel onto natural
gas, has laid off 20 percent of its staff, ousted several senior
executives and slowed down development of fueling stations as it
waits for more truckers to embrace the switch to the cheap and
The move, confirmed by the company’s Chief Executive
Officer, Merritt Norton, and other people familiar with the
situation, marks an important pullback in a nascent sector that
is expected to improve U.S. energy security, lower
transportation costs and create jobs.
BEVERLY HILLS, California (Reuters) – Con-men caper “American Hustle” and space thriller “Gravity” led Oscar nominees on Thursday with 10 nominations each, including best picture, in the race for the world’s top film prize.
Slavery drama “12 Years a Slave” received nine nominations, including in the best picture category, in a year crowded with high-quality films.
LOS ANGELES, Jan 15 (Reuters) – Top U.S. solar installer
SolarCity Corp on Wednesday unveiled a plan that will
allow investors of all types – including individuals – to invest
in its rooftop solar systems.
The company, backed by Tesla Motors Inc founder
Elon Musk, said it will launch a web-based platform later this
year to offer debt investments backed by pools of its assets -
mainly residential solar projects.
BEVERLY HILLS, California (Reuters) – The Golden Globes honored the old and the new with its top television awards on Sunday, with long-running series “Breaking Bad” taking home best drama while newcomer police show “Brooklyn Nine-Nine” earned best comedy honors.
“Breaking Bad,” which told the gritty tale of a chemistry teacher turned meth cook, won the Golden Globe for best television drama series for the first time after having been nominated in three previous years.
(Reuters) – When Gloria Adams signed a contract to install a rooftop solar power system on her Oahu home in late August, she looked forward to lower electric bills and a return on her investment in the years ahead.
She never dreamed that she would have to stop the project, get the Hawaiian Electric Company’s permission before she could proceed, and possibly help pay for any upgrades to her neighborhood’s electricity circuits to handle the extra load.
Dec 16 (Reuters) – When Gloria Adams signed a contract to
install a rooftop solar power system on her Oahu home in late
August, she looked forward to lower electric bills and a return
on her investment in the years ahead.
She never dreamed that she would have to stop the project,
get the Hawaiian Electric Company’s permission before she could
proceed, and possibly help pay for any upgrades to her
neighborhood’s electricity circuits to handle the extra load.
LOS ANGELES (Reuters) – SolarCity Corp (SCTY.O: Quote, Profile, Research, Stock Buzz) on Wednesday said it will begin offering Tesla Motors Inc-made batteries with its commercial solar systems, allowing businesses to cut what they pay to their local utility by using stored electricity.
The batteries made by Tesla (TSLA.O: Quote, Profile, Research, Stock Buzz), which can also provide backup power during blackouts, are available to business owners who put up new solar installations with SolarCity and finance them through a lease contract or power purchase agreement.
LOS ANGELES (Reuters) – In a first on Monday, an online marketplace will allow U.S. homeowners to weigh options for going solar as easily as they can compare prices for airline tickets.
Geostellar, a startup backed by power producer NRG Energy Inc, is seeking to become the Expedia or Orbitz of the solar industry — a one-stop shop where consumers can not only compare the benefits of leasing solar panels versus buying them outright, but ultimately sign up to install a system.
LOS ANGELES (Reuters) – Honda Motor Co Ltd’s Accord was named Green Car of the Year on Thursday, the editor of the Green Car Journal announced at the L.A. Auto Show.
The Accord won in large part because it offers high fuel economy ratings for gasoline, gasoline-battery hybrid and plug-in hybrid versions of the venerable sedan, said Ron Cogan, editor of the Green Car Journal.
LOS ANGELES, Nov 20 (Reuters) – Honda Motor Co Ltd
has high hopes for its hydrogen fuel cell vehicle and its
advanced technology to reduce tailpipe emissions, although the
Japanese carmaker concedes consumers may take a few years to
warm to the concept.
Honda unveiled the 5-passenger vehicle at the Los Angeles
Auto Show on Wednesday. It doesn’t have a name, for now, and is
referred to simply by the acronym for a fuel cell electric
vehicle – the ‘FCEV Concept’.