Renewables Take the Lead: Global investors spent about $250 billion building new power capacity last year, and for the first time ever most of the money went to renewable sources, according to the United Nations Environment Program. — NYT’s Green Inc.
Progress Energy Makes a Clean Power Play: North Carolina-based power company Progress Energy announced plans today to expand the use of solar energy in the Carolinas and Florida by more than 100 MW over the next decade. — Reuters
Pelosi Cracks Down on Climate Bill Negotiations: House Speaker Nancy Pelosi told committee leaders today that they have to finish work on the climate and energy bill by June 19, setting the stage for the legislation to move to the full House before the July 4 recess. — Politico
Tesla 500 Gets a Home: Tesla Motors has delivered its 500th electric Roadster to Martin Tuchman, former chairman and CEO of Interpool. — Press Release
SolarCity Teams Up With U.S. Bank: Solar installer SolarCity has joined forces with a division of U.S. Bancorp to create a new tax equity fund to finance the startup’s new lease program for homeowners and power purchase agreements for commercial customers. — Press Release