Elon Musk unveils Tesla Energy, his plan to fundamentally change the way the world uses energy on an extreme scale. Picture: Patrick T Fallon

iol.co.za - by Nichola Groom and Paul Lienert- May 4, 2015

Los Angeles, California - Tesla has unveiled Tesla Energy - storage systems or batteries for homes, companies and utilities that will expand its business beyond electric vehicles and tap into a fast-growing area of the energy industry.

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Solar panels are seen in the Palm Springs area, California April 13, 2015. Picture taken April 13, 2015.
Reuters/Lucy Nicholson

reuters.com - by Nichola Groom - August 14, 2015

By almost any measure, the U.S. solar market is on fire.

Installations of solar panels are expected to soar by a third this year, the price of solar power is now cheap enough to compete neck and neck with gas and coal-fired power in places like California, and the fledgling industry received a vote of confidence last week when U.S. President Barack Obama announced a groundbreaking plan to curb power plant emissions. Even China's currency devaluation could cut panel costs for U.S. solar installers.

Wall Street, however, has been dumping solar shares this year, largely on concern, which investors say is misplaced, that tumbling oil prices will sap demand for alternative energy, even though oil isn't used to generate power.

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weather.com - June 26th, 2015 - Brian Kahn

Big changes are afoot for the energy sector in the next 25 years. Coal and gas are headed out, and solar and wind are rushing to take their place on a multi-trillion dollar investment bonanza, according to a new report from Bloomberg New Energy Finance. The report scopes out the power generating landscape through 2040.

The main reason for the big shift in power generation isn’t likely to be because of a grand climate agreement, national policies or carbon pricing scheme, though. Instead, it comes down to cold, hard cash, with renewables offering more power-generating bang for the buck than fossil fuels. Here are the three big numbers.

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