Recent Market Insights

WASHINGTON (AP) — The Obama administration is taking $1.2 billion in high-speed rail money away from Ohio and Wisconsin and awarding it to 12 other states, Transportation Secretary Ray LaHood said Thursday.

DOE and the U.S. Department of the Interior (DOI) signed a Memorandum of Understanding (MOU) on June 29 that will strengthen the working relationship between the two agencies regarding future development of commercial renewable offshore energy projects on the U.S. Outer Continental Shelf. Together, DOI and DOE will use this agreement to spur the development of offshore wind and water resources.

The Governors' Wind Energy Coalition, a bipartisan collection of 29 U.S. governors, released a report on March 16 that provides recommendations for developing wind energy across the country. The document, "Great Expectations: U.S.

In a bid to propel his state to the forefront of the new energy economy, Colorado’s governor is expected to sign one of the most aggressive renewable energy requirements in the country on Monday afternoon.

The new law requires 30 percent of large utilities’ electricity to come from renewables by 2020. The previous requirement was 20 percent by 2020.

Walt Disney World in Florida may be the next stop for bullet-train makers in Japan and China.

Los Angeles | It sometimes seems as if Mayor Antonio Villaraigosa sheds ideas the way a Roman candle does sparks, but none has ignited quite the fire he's started with his 30/10 proposal. It's a blaze whose flames now deserve to be fanned by the rest of the local and state political establishment -- in both parties.

ROSEMEAD, Calif.--(BUSINESS WIRE)--Southern California Edison (SCE), an Edison International company (NYSE:EIX), and SunPower Corp. (Nasdaq: SPWRA, SPWRB) announced today that SunPower has won a contract to provide solar technology for generating up to 200 megawatts, or 80 percent, of the solar power capacity needed for the utility’s large solar photovoltaic installation program.

Washington DC --- U.S. Secretary of Energy Steven Chu today announced that the Department of Energy has offered a conditional commitment on a $117 million loan guarantee to finance the construction and start-up of an innovative 30 megawatt (MW) wind energy project in Kahuku, Hawaii.

ORLANDO | High-speed rail's success in Florida and the rest of the United States lies in effectively promoting and selling it as a safe, convenient, environmentally friendly mode of transportation.

That was the message about 250 consultants and vendors attending the High Speed Rail 2010 conference in Orlando were told Thursday.

ALTADENA - Foothill Municipal Water District, which serves most of Altadena, is considering a $4-per-month parcel tax on customers.

The parcel tax is necessary to ensure the area has enough water in the future, said Rich Atwater, a board member for the district, which serves 30,000 customers in Altadena and also has customers in La Cañada Flintridge and La Crescenta.