Forbes: SunEdison Plans $4 Billion Factory for India
SunEdison plans to build a massive $4 billionsolarequipment factory in India with an Indian conglomerate in the logistics and energy business, the company said Monday.
SunEdison has been a long-time manufacturer of silicon and wafers for making solar cells and chips, and it has historically outsourced solar cell and panel manufacturing from suppliers in China and elsewhere to support its power project development business.
The factory project with Adani Enterprises reflects SunEdison’s plan to create a secure, long-term supply of solar equipment to grow its project development business.
New York Times: Automakers Keep Rolling Out Electric Vehicles
While sales of new cars and trucks are soaring, demand for electric vehicles is still sputtering along in the slow lane.
But that’s not stopping automakers from continuing to make huge investments in green vehicles, introducing one model after another.
NBC News: Mines Are Becoming an Important Market for Renewables
Mines from the Americas to Africa and Australia are slowly becoming unlikely hotspots for the production and use of green energy.
In some places, wind and solar farms resurface revenue from deserted mine lands. Elsewhere, mining companies are powering a portion of ongoing operations with renewable energy, which is now cost-competitive with traditional fossil fuels and gives a green sheen to an industry often maligned by environmentalists.
Guardian: Stanford Professors Urge Withdrawal From Fossil Fuel Investments
Three hundred professors at Stanford, including Nobel laureates and this year’s Fields medal winner, are calling on the university to rid itself of all fossil fuel investments, in a sign that the campus divestment movement is gathering force.
In a letter to Stanford’s president, John Hennessy, and the board of trustees, made available exclusively to the Guardian, the faculty members call on the university to recognize the urgency of climate change and divest from all oil, coal and gas companies.
Inside Climate News: Losing Streak Continues for U.S. Coal Export Terminals
The U.S. coal export industry continued its losing streak as 2014 ended and 2015 began. A coal terminal project in Louisiana lost its permit in state court, and one in Washington ran into a stiff legal challenge. Last month, the company behind several other planned terminals sold its remaining projects to a high-risk investment firm at a major loss.
The developments continue a string of victories for environmental groups fighting the export of coal to developing economies such as China. Of fifteen proposals to build major new coal export facilities across the U.S., all but four have been defeated or canceled within the past two years. And only a few existing facilities have won approval to expand.