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North American Leaders Announce Energy Plan

July 26, 2016 | Blog | By Sahir Surmeli

On June 29, 2016, the North American Climate, Energy, and Environment Partnership was announced by Prime Minister Justin Trudeau, President Barack Obama, and President Enrique Peña Nieto at the North American Leaders Summit in Ottawa, Canada.
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Last week, President Obama announced that the Smart Manufacturing Leadership Coalition (SMLC) will lead the new Smart Manufacturing Innovation Institute, in partnership with the Department of Energy.
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Last week, the U.S. Department of Energy (DOE) announced nearly $16 million in funding to help businesses commercialize promising energy technologies from DOE’s National Laboratories to the marketplace.
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Earlier this week the Department of Energy (DOE) announced $23 million in funding for 23 new projects focused on developing clean energy technologies with a strong potential for commercialization and job creation.
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In a recent study published in the journal Nature Climate Change, researchers at Massachusetts Institute of Technology (MIT) found that it currently makes economic sense to combine large-scale energy storage systems with renewable energy projects, such as wind and solar farms, in some locations.
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A team of researchers at the Massachusetts Institute of Technology (MIT) published a paper last week in the journal Nature Energy that described how they built a working solar thermophotovoltaic device (STPV) that enables solar cells to break through a theoretically predicted ceiling on how much sunlight they can convert into electricity.
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According to a report released last week by the International Renewable Energy Agency (IRENA), the number of U.S. solar jobs surpassed those in oil and natural gas extraction for the first time last year.  Overall, renewable energy jobs grew 6 percent while employment in oil and gas declined 18 percent.
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Last week, Clean Edge published a report titled the “U.S. Clean Tech Leadership Index” (“Index”) that ranked Massachusetts as the second state and Boston as the seventh metro area in the U.S. according to its scoring methodology.
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ASCE’s Report Update Highlights Major Infrastructure Investment Funding Gaps

May 18, 2016 | Blog | By Thomas Burton, Sahir Surmeli

Every four years, the American Society of Civil Engineers (ASCE) publishes The Report Card for America’s Infrastructure, which grades the current state of national infrastructure categories on a scale of A through F.
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On May 5th, 2016, the IRS released new guidance regarding the renewable energy production tax credit (“PTC”) and energy investment tax credit (“ITC”) which most in the renewable energy industry will find favorable.
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More than 60 companies have joined forces with several environmental groups to launch a new coalition, called the Renewable Energy Buyers Alliance (REBA), to promote the development of 60 GW of renewable energy in the United States by 2025.
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U.S. Solar Installations Reach 1 Million

May 9, 2016 | Blog | By Thomas Burton

Last week the Solar Energy Industries Association (SEIA) and George Washington University (GWU) issued a report estimating that the United States has reached 1 million solar installations and will surpass 2 million installations by 2018.
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Senate Passes First Comprehensive, Bipartisan Energy Bill Since 2007

April 28, 2016 | Blog | By Thomas Burton, Sahir Surmeli

By a vote of 85-12, the Senate passed a sweeping bipartisan energy bill, S.2012 – the Energy Policy Modernization Act of 2016, last Wednesday. The bill’s passage marks the first time in almost a decade since the Senate has passed a comprehensive energy bill.
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On April 6, a consortium of leading financial institutions and investors pledged $8 billion to join Bank of America Corporation’s Catalytic Finance Initiative (CFI), which plans to raise at least $10 billion for investments in clean energy, high impact, and sustainable development projects.
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On Monday, Massachusetts Governor Charlie Baker signed a solar energy bill into law that increases the statewide limits on the amount of solar capacity that will qualify for net metering, but also lowers the value of net metering credits for large-scale projects.
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Last week, President Barack Obama and China’s President Xi Jinping announced that their two countries would sign the global climate accord on April 22. Senior U.S. officials noted that the commitment to cut carbon emissions by the world’s largest greenhouse gas polluters will compel other countries to formally join the agreement.
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E2 Report Finds Clean Energy Employs 2.5 Million Americans

April 4, 2016 | Blog | By Thomas Burton

Last week Environmental Entrepreneurs (E2) released a report entitled “Clean Jobs America,” a comprehensive analysis of clean energy and clean transportation jobs in the United States.
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Behind-the-Scenes Action Continues to Surround Energy Bill

March 31, 2016 | Blog | By David Leiter

The Senate and the House of Representatives are both on Spring Recess, with the Senate returning on April 4 and the House scheduled to return on April 12.
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Spring 2016 Energy Technology Industry Events

March 31, 2016 | Blog | By Sahir Surmeli

Interested in upcoming events in the energy technology industry? Look no further! Our blog features an events page dedicated to listing happenings around the globe, and there are many upcoming spring events. Click here to view it – and feel free to add this page to your favorites list!
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Paul Dickerson and Tom Burton wrote an article published on Monday in the Houston Chronicle regarding the current fundamental change in the global energy landscape as well as the importance of energy diversity.
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