U.S. Alternative Energy Correspondent
Nichola's Feed
Aug 13, 2013

SolarCity to pay $120 mln for direct-marketing company

LOS ANGELES, Aug 13 (Reuters) – SolarCity Corp said
on Tuesday it will buy direct-marketing solar company Paramount
Solar for about $120 million in a deal intended to help cut the
cost of acquiring new customers.

Paramount Solar is majority-owned by Guthy Renker LLC, the
direct marketing company best-known for its Proactiv skin care
line. Guthy Renker’s chief executive, Ben Van de Bunt, is
expected to join SolarCity’s board of directors later this year.

Aug 12, 2013

Insight: California aims to ‘bottle sunlight’ in energy storage push

SAN FRANCISCO/LOS ANGELES (Reuters) – California, whose green ambitions helped the solar and wind industries take root, is taking an essential next step by proposing a sharp rise in energy storage to better integrate renewable power with the rest of the grid.

Power from sun and wind fluctuates dramatically, so capturing it for later use makes the supply more predictable.

Aug 12, 2013

California aims to “bottle sunlight” in energy storage push

SAN FRANCISCO/LOS ANGELES, Aug 12 (Reuters) – California,
whose green ambitions helped the solar and wind industries take
root, is taking an essential next step by proposing a sharp rise
in energy storage to better integrate renewable power with the
rest of the grid.

Power from sun and wind fluctuates dramatically, so
capturing it for later use makes the supply more predictable.

Aug 6, 2013

First Solar cuts 2013 outlook, buys GE solar technology

LOS ANGELES (Reuters) – First Solar Inc (FSLR.O: Quote, Profile, Research, Stock Buzz) on Tuesday reported quarterly earnings and revenue well short of expectations and slashed its outlook for the year due to construction delays for a large project and a decision to sell two projects only after they are finished.

The company’s shares slid 9 percent in extended trade.

First Solar also said it is acquiring the intellectual property of General Electric Co’s (GE.N: Quote, Profile, Research, Stock Buzz) cadmium telluride solar technology and entering into a partnership with the company that will raise operating costs this year. It will issue 1.75 million shares to GE as part of the deal, making GE one of First Solar’s 10 biggest shareholders.

Jul 30, 2013

Renewable Energy Group earnings up 60 percent, high RIN prices help

LOS ANGELES (Reuters) – Biodiesel maker Renewable Energy Group Inc (REGI.O: Quote, Profile, Research, Stock Buzz) on Tuesday reported a 60 percent rise in quarterly profit due in part to sharply higher prices on U.S. renewable fuel credits.

Renewable fuel credits are used by refiners to prove they have blended their share of renewable fuel – mainly ethanol – under the Renewable Fuels Standard (RFS), a program meant to reduce U.S. dependence on foreign oil and cut greenhouse gas emissions.

Jul 15, 2013

Analysis: Fracking water’s dirty little secret – recycling

LOS ANGELES (Reuters) – The oil and gas industry is finding that less is more in the push to recycle water used in hydraulic fracturing. Slightly dirty water, it seems, does just as good a job as crystal clear when it comes to making an oil or gas well work.

Exploration and production companies are under pressure to reduce the amount of freshwater used in dry areas like Texas and to cut the high costs of hauling millions of barrels of water to oil and gas wells and later to underground disposal wells.

Jul 15, 2013

Fracking water’s dirty little secret – recycling

LOS ANGELES, July 15 (Reuters) – The oil and gas industry is
finding that less is more in the push to recycle water used in
hydraulic fracturing. Slightly dirty water, it seems, does just
as good a job as crystal clear when it comes to making an oil or
gas well work.

Exploration and production companies are under pressure to
reduce the amount of freshwater used in dry areas like Texas and
to cut the high costs of hauling millions of barrels of water to
oil and gas wells and later to underground disposal wells.

Jun 21, 2013

Electric car maker Tesla unveils 90-second battery pack swap

LOS ANGELES (Reuters) – Tesla Motors Inc on Thursday unveiled a system to swap battery packs in its electric cars in about 90 seconds, a service Chief Executive Elon Musk said will help overcome fears about their driving range.

The automaker will roll out the battery-swapping stations later this year, beginning along the heavily-traveled route between Los Angeles and San Francisco and then in the Washington-to-Boston corridor.

Jun 21, 2013

Acting can be a bruising business, as Gandolfini knew too well

LOS ANGELES (Reuters) – James Gandolfini, the beefy American actor who died on Wednesday in Italy at age 51, cut an unforgettable figure on screen and stage, earning a reputation as an earnest performer who would go to extremes to prepare for a part.

But Gandolfini’s sudden death and famous work ethic also have made evident the physical and mental stresses and time demands many actors endure for their roles.

Jun 7, 2013

Playing the shale gas boom – Chart Industries

June 7 (Reuters) – What a difference a decade makes.

Ten years ago, Chart Industries Inc was on the
verge of bankruptcy after taking on too much debt during a spree
of acquisitions that included an equipment maker for storing
cryogenic liquids like liquefied natural gas.

Today, those products, as well as others that are used to
make, transport and store LNG, have made Chart a winner in the
U.S. shale gas boom and transformed the company into a darling
of those seeking to cash in on the push to use natural gas as a
fuel for transportation and industry.