Wind and solar to ‘dominate’ future of electricity by 2040

Renewable energy is indeed the future, according to Bloomberg New Energy Finance’s latest report, which forecasts technologies such as wind and solar to “dominate” the future of electricity by 2040, making up 48% of the world’s installed capacity and 34% of electricity generation.

Esco acquires Renewable NRG Systems

St. Louis, Missouri-based global energy provider Esco has acquired the renewable energy arm of NRG Systems, located in Vermont, under undisclosed terms.

SEIA: Rick Perry isn’t targeting wind and solar

After new Secretary of Energy Rick Perry sent a memo to his chief of staff authoring a 60-day review of the grid to investigate how certain federal subsidies boost one form of energy at the expense of certain base load energies such as nuclear and coal, many industry observers believed him to be attacking renewable energy, but the SEIA claims this is not the case.