Latest news with #solar
Yahoo
an hour ago
- General
- Yahoo
In words and photos, rural Alaska residents reflect on their village's sustainable practices
GALENA, Alaska (AP) — In rural central Alaska, a village is in the midst of a clean energy transformation that locals say will boost savings, build resilience and provide jobs. Galena wants to curb its reliance on expensive, imported diesel that when burned is one of the largest contributors of planet-warming emissions. Nearly 10 years ago, the village started harvesting trees to fuel a biomass plant to heat its bustling boarding school, offsetting about 100,000 gallons (about 380,000 liters) of diesel annually. The local Louden Tribe is encouraging people to collect floating logs from the Yukon River that can be used for firewood and siding for the sustainable homes they're building for members. And soon a 1.5-megawatt solar farm will allow the city to turn off its diesel engines and run on 100% clean, renewable energy on sunny summer days, with excess power stored in a battery for later use. That will save another 100,000 gallons annually. The Associated Press talked to residents about their village's sustainable and renewable energy projects. Here are some of their reflections: Tim Kalke, 46, general manager at Sustainable Energy for Galena Alaska 'We're just ensuring that our critical infrastructure has redundancy and protection built into it, so that every time there's a power outage, it doesn't turn into tens of thousands of dollars in repairs in its wake.' Jade Thurmond, 20, a Galena resident working on the solar farm 'I'm really excited for when we are using it and how we'll reduce our diesel usage. I think that would be pretty fun to see and to hear about in the future, and see what comes along.' Jake Pogrebinsky, 54, a sawmill operator for Louden Tribe and driftwood collector 'Instead of having to make money to pay for barge freight or to buy materials, you are spending your time out on the river. For a young person, as a lesson, as a skill-building activity, it cannot possibly be compared to.' Brad Scotton, 54, a Galena city council member 'What (the biomass plant) has done is stabilize (costs), and it's created a local workforce and a job base that we never used to have. So it's keeping the money that used to go outside within the community and providing pretty meaningful jobs for people.' Will Kramer, 29, an applied mechanics instructor at Galena Interior Learning Academy 'We are just at the whim of whatever somebody else that wants to make all the money off of us is saying and doing. And being able to install and integrate these systems in these communities, it kind of gives the freedom back to the communities.' Phil Koontz, 74 , a retired environmental engineer for the Louden Tribe 'It would be very hard to live here without outside resources. I see fuel as probably the main outside resource that we use. It provides most of the electricity, it provides most of the transportation, it provides most of the heat. I don't know what we're going to do without those things. One of the solutions I see is efficiency, reducing the need for energy to produce the same result, better insulated houses, better vehicles, better energy sources.' Aaren Sommer, 19, a Galena resident helping install the solar array The array is 'going to reduce the diesel usage a whole bunch over at the power plant, which is going to help us out.' ___ Pineda reported from Los Angeles. ___ The Associated Press receives support from the Walton Family Foundation for coverage of water and environmental policy. The AP is solely responsible for all content. For all of AP's environmental coverage, visit
Associated Press
2 hours ago
- General
- Associated Press
In words and photos, rural Alaska residents reflect on their village's sustainable practices
GALENA, Alaska (AP) — In rural central Alaska, a village is in the midst of a clean energy transformation that locals say will boost savings, build resilience and provide jobs. Galena wants to curb its reliance on expensive, imported diesel that when burned is one of the largest contributors of planet-warming emissions. Nearly 10 years ago, the village started harvesting trees to fuel a biomass plant to heat its bustling boarding school, offsetting about 100,000 gallons (about 380,000 liters) of diesel annually. The local Louden Tribe is encouraging people to collect floating logs from the Yukon River that can be used for firewood and siding for the sustainable homes they're building for members. And soon a 1.5-megawatt solar farm will allow the city to turn off its diesel engines and run on 100% clean, renewable energy on sunny summer days, with excess power stored in a battery for later use. That will save another 100,000 gallons annually. The Associated Press talked to residents about their village's sustainable and renewable energy projects. Here are some of their reflections: Tim Kalke, 46, general manager at Sustainable Energy for Galena Alaska 'We're just ensuring that our critical infrastructure has redundancy and protection built into it, so that every time there's a power outage, it doesn't turn into tens of thousands of dollars in repairs in its wake.' Jade Thurmond, 20, a Galena resident working on the solar farm 'I'm really excited for when we are using it and how we'll reduce our diesel usage. I think that would be pretty fun to see and to hear about in the future, and see what comes along.' Jake Pogrebinsky, 54, a sawmill operator for Louden Tribe and driftwood collector 'Instead of having to make money to pay for barge freight or to buy materials, you are spending your time out on the river. For a young person, as a lesson, as a skill-building activity, it cannot possibly be compared to.' Brad Scotton, 54, a Galena city council member 'What (the biomass plant) has done is stabilize (costs), and it's created a local workforce and a job base that we never used to have. So it's keeping the money that used to go outside within the community and providing pretty meaningful jobs for people.' Will Kramer, 29, an applied mechanics instructor at Galena Interior Learning Academy 'We are just at the whim of whatever somebody else that wants to make all the money off of us is saying and doing. And being able to install and integrate these systems in these communities, it kind of gives the freedom back to the communities.' Phil Koontz, 74 , a retired environmental engineer for the Louden Tribe 'It would be very hard to live here without outside resources. I see fuel as probably the main outside resource that we use. It provides most of the electricity, it provides most of the transportation, it provides most of the heat. I don't know what we're going to do without those things. One of the solutions I see is efficiency, reducing the need for energy to produce the same result, better insulated houses, better vehicles, better energy sources.' Aaren Sommer, 19, a Galena resident helping install the solar array The array is 'going to reduce the diesel usage a whole bunch over at the power plant, which is going to help us out.' ___ Pineda reported from Los Angeles. ___ The Associated Press receives support from the Walton Family Foundation for coverage of water and environmental policy. The AP is solely responsible for all content. For all of AP's environmental coverage, visit
Yahoo
5 hours ago
- Business
- Yahoo
Shoals Technologies (SHLS) to capitalize on Strong Demand for Solar Solutions
Shoals Technologies Group, Inc. (NASDAQ:SHLS) is . On June 24, the company highlighted strong demand for solar solutions at the J.P. Morgan 2025 Energy, Power, and Renewables & Mining Conference. A technician adjusting a complex solar inverter system in a commercial setting. Despite facing regulatory challenges and supply chain constraints, Shoals Technologies remains optimistic about future growth driven by strong demand for solar projects. Consequently, the company seeks to capitalize on opportunities in the data center and battery energy storage systems. Therefore, it has embarked on strategic capital allocation focusing on organic growth and potential acquisitions. The company is targeting growth in data centers and community commercial industrial projects. It has established a Master Supply Agreement with Blattner and UGT, providing predictability in project wins and better supply chain management. It's also exploring international markets with a presence in Australia, Saudi Arabia, and Spain. Shoals Technologies Group, Inc. (NASDAQ:SHLS) provides EBOS solutions for global solar and battery storage projects, offering wiring systems, BESS, monitoring tools, OEM components, and technical support to EPCs, utilities, developers, and other energy sector clients. While we acknowledge the potential of SHLS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure: None.
Yahoo
6 hours ago
- Business
- Yahoo
Enphase Energy (ENPH) Jumped This Week. Here is Why.
The share price of Enphase Energy, Inc. (NASDAQ:ENPH) surged by 18.2% between June 18 and June 26, 2025, putting it among the Energy Stocks that Gained the Most This Week. A solar panel array stretched across a large open field, its glimmering panels reflecting the sun. Enphase Energy, Inc. (NASDAQ:ENPH) is a global energy technology company and the world's leading supplier of micro-inverter-based solar and battery systems. Enphase Energy, Inc. (NASDAQ:ENPH) plunged to a 5-year low earlier this month following a proposal by the Senate Finance Committee to speed up the elimination of tax credits for solar and wind energy industries. The rooftop solar industry got hit particularly hard, as the proposed legislation aimed to end the residential solar tax credit by the end of this year. However, Enphase Energy, Inc. (NASDAQ:ENPH) rebounded this week following reports that Republicans on the Senate tax writing committee are adopting a more generous stance regarding the clean energy tax credits, and may even push back their expiration dates. According to Senator Kevin Cramer, the Senate is also working on adjustments to a residential solar energy incentive that had been eliminated in previous versions of the 'One Big Beautiful Bill'. While we acknowledge the potential of ENPH as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best Nuclear Energy Stocks to Buy Right Now and Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
South China Morning Post
12 hours ago
- Business
- South China Morning Post
Cloudy with a chance of bankruptcy: US tariffs hurt China's solar firms
The rain and gloomy skies during the SNEC PV Conference – the biggest in China's solar-panel manufacturing industry – summed up the mood in the market, whose major players congregated in Shanghai earlier this month for the four-day annual event. Advertisement The scale was noticeably smaller this year. Several leading companies opted out for a variety of reasons, including tight budgets. More tellingly, CEOs from major producers Longi Green Technology and Tongwei – keynote speakers last year – gave it a miss. The weariness is not surprising. The industry, billed as one of China's three new economic drivers along with electric vehicle and lithium battery manufacturing, is facing a double whammy: producers are swimming in a sea of red amid a price war and supply glut at home, while tariffs are blocking access to export markets. Prices in every segment of the solar panel supply chain plummeted by 60 to 80 per cent in 2024 from a peak in 2023, according to the China Photovoltaic Industry Association, with 39 of the nation's 121 listed producers in the red. Losses in the photovoltaic (PV) manufacturing value chain reached US$40 billion, according to Gao Jifan, chairman of Trina Solar. Including other business lines, the tally was US$60 billion, he said. 'Everyone is questioning how deep and prolonged this downturn will be,' Yang Liyou, general manager of solar-panel maker Jinneng Clean Energy Technology, said at a panel discussion during the conference. 'It has not eased. In fact, it's become deeper and longer than we anticipated.' Shares of Jinko Solar, the world's top solar panel maker in terms of shipment volume, have declined by nearly 30 per cent in New York this year, bringing the slump to more than 60 per cent from a peak in 2022. Rivals like JA Solar, Tongwei, Trina Solar, Longi, and GCL have slumped by as much as 80 per cent since 2022.
