Dforce Solar

In reality, the majority of renewable energy companies prefer to specialize. This means that solar companies will focus on solar energy, while wind companies are going to put their attention on wind companies. In the same vein, geothermal companies stick to geothermal. Likewise, biomass companies do not deviate from biomass. New Canadian Player However, a Canadian merger came to challenge this assumption. Magma Energy is a geothermal business that promised to spend around $100 million to purchase stocks of Plutonic Power in 2011.  Known for …

Despite the Trump administration’s plans to revive American manufacturing, another biodiesel plant had its plugs pulled out. Renewable Energy Group announced that it was closing its biorefinery in New Boston, Texas.  The plant used to produce 15 million gallons per year. This prompted the company to work with is employees in the hopes of relocating them elsewhere in its network. There were complex forces at play in the biodiesel industry at the time. However, the company specifically blamed the biodiesel tax credit, which at the …

The Trump government used tariffs on Chinese goods in its trade war to pressure the Asian country to relent to its demands. Sadly, this move caused a heavy fallout felt in different industries. Farmers took heavy hits once China took away its soybean and corn orders. Aside from this, ethanol producers found themselves involved in the middle of the trade war as well. The Environmental Protection Agency kept granting waivers to gas and oil refineries. This eliminated the requirement to mix biofuel with their petroleum …

The United States Renewable Fuel Standard has once more found itself as the target of attacks by farm groups. The so-called “misinformation campaign spearheaded by Senator Ted Cruz” sought to overturn a court decision to stop the abuse of Small Refinery Exemptions by the Environmental Protection Agency. The Tenth Circuit said that the agency in question took advantage of its discretion by handing out SREs to three refineries in 2016. The statute lets the EPA extend exemptions that have been extended and effective since 2011 …

It is hardly an exaggeration to say that the world underwent change in May 2015. To be specific, we are talking about the night that Elon Musk of Tesla Motors revealed a game-changing innovation. In the mid-2000s, it was difficult to draw the attention of investors to renewable energy. By that point in time, the industry had already seen its fair share of excellent ideas. Sadly, most of them were brought down by weak execution. Things started to change once the industry finally got more …

Customer relationships, much like the results of a performance test, are important for developers of graphite. Northern Graphite revealed it to sell all output from its resources from Bisset Creek in the summer of 2018. This agreement will be to the benefit of manufacturers based in China. The company will use it as leverage to finance its processing equipment and mine infrastructure. Prospective investors must have been relieved to hear that this was the case. At any rate, the capital costs were estimated to exceed …

In 2017, BioSolar reported that it saw positive results when it tested its energy storage technology. It had been working on an alternative anode material with the use of silicon-carbon materials for use in lithium-ion batteries. The engineers wanted to dramatically improve anode performance and reduce costs at the same time. If they succeed, they plan on creating lithium-ion batteries with a longer lifespan, better capacity, and quicker charging time. As you can imagine, this is what every single electronic product manufacturer wants. Aside from …

Climatemaster announced that the Air Conditioning, Heating, and Refrigeration Institute certified its Trilogy 40 geothermal heat pump to go past 40 Energy Efficiency Ratio at ground loop conditions. If this sounds like gibberish to you, EER serves as the standard measure of geothermal heat pump cooling effectiveness. It is the ratio of effective cooling to the energy used at maximal load. This was a huge development as 30 used to be the highest rating available. There were also plenty of qualified heat pumps with EERs …

Compared to other renewable energy sources, geothermal energy offers baseload energy at a more affordable rate. Sadly, the industry still has to face a lot of challenges before its potential could be used to its full extent.  Drilling and exploration are quite risky propositions in more ways than one, after all. The truth is that there are not that many companies that are willing to take a chance on these activities without any guarantees. Challenges to Financing Geothermal Projects Project developers have relied on alternative …