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Critics Question Financial Aspect of L.A.’s Solar Plan

Last week, Los Angeles Mayor Antonio Villaraigosa announced plans for 10 percent of L.A.’s electricity to come from solar power by 2020. The city plans to develop and sign contracts for 1,280 megawatts of solar power, but critics question the financial aspect of the plan, CNNMoney.com reports. The city hasn’t ... Read more »

Wal-Mart Says Duke’s Solar Roof Plan Unfair

Wal-Mart recently filed a testimony with the N.C. Utilities Commission complaining that Duke Energy Carolinas solar plan prevents customers, like Wal- Mart, from keeping the solar energy produced by their own systems, Charlotte Business Journal reports. Wal-Mart contends that Duke intends to own all the solar equipment that produces energy ... Read more »

Suzlon, ADAGE, Wal-Mart Announce Green Commitments

At the 2008 Clinton Global Initiative, several companies announced plans to invest in the green economy. Suzlon Green Power announced a $5 billion commitment in green energy assets over five years, which aims to bring 3,500 megawatts of electricity to nearly 10 million people primarily in India and China. AREVA ... Read more »

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