Posts Tagged ‘2009’

July solar price survey shows new record low in Europe

Tuesday, July 7th, 2009

solarThe monthly solar price survey by Solarbuzz.com just came out. And it showed retail prices fell another ~1% last month. Prices still have a ways to go before grid parity arrives, but its nice to see the continued progress. Europe is now enjoying another record low solar price for individual modules at (more…)

Gas price passes $2.50 at the pump

Monday, June 1st, 2009

gas-pump1As I wrote a couple weeks back was likely, gasoline prices just rose above $2.50 per gallon nationwide. And since oil prices have kept increasing, the gasoline price has a bit further to rise. This has huge implications for our whole energy (more…)

Solar may be emerging from 1st quarter bottom

Thursday, May 28th, 2009

solarThe first quarter has been a rough one for most solar companies. Aside from First Solar whose profits tripled, most solar companies reported large decreases in their profits and, most likely, losses. But the last two reports (from Trina Solar and China Sunergy) paint the picture of a potential return to profitability in the (more…)

US bike sales higher than car sales in 2009

Tuesday, May 26th, 2009
2006 Chapel Hill/Carrboro Blue Bikes Launch

2006 Chapel Hill/Carrboro Blue Bikes Launch

During the first quarter of 2009, more bicycles were sold in the US than cars and trucks. While the Great Recession is hurting bike sales, they didn’t fall as fast as automobiles. Over 2.55 million bicycle purchases were made, compared to less than 2.4 million cars and trucks that left (more…)

Oil price passes $60 on weaker dollar: Gas may hit $2.50

Wednesday, May 20th, 2009

oilpump500-11The price of oil is retracing its 2004-05 climb rather quickly of late. While some of the rise in oil prices relates to supply concerns from Nigeria and a perceived stabilization in the economy, it is also linked to (more…)

Oil & Gas Prices Back on the Rise

Thursday, May 7th, 2009

gas-pumpThe prices of oil and natural gas appear to have bottomed now. But with inventories near record levels, a quick price spike much higher doesn’t seem sustainable in the short-term. Yesterday, the US Energy Information Administration (EIA) weekly petroleum report clearly showed that recessionary low demand continues to dominate (more…)

Price of solar continues to fall in May, record low reached in Europe

Monday, May 4th, 2009

solarSolarbuzz.com reported this morning that prices for solar modules fell another few pennies per watt. As supply has fully caught up with demand in 2009, prices are skidding down. But since fossil fuel prices remain substantially lower due to the global recession, the price of solar remains relatively high and will take many more months of decreases before grid parity becomes (more…)

US oil output finally following rig count down

Friday, May 1st, 2009

oilpump500-1For months I’ve been talking about the potential of falling prices and rig counts to lower production. Well, in last week’s Energy Information Administration weekly petroleum report we finally saw a significant drop in crude oil output of (more…)

First Solar profit jumps as costs fall

Thursday, April 30th, 2009

solarEarlier this week, I shared the news of profits and growth in the wind industry. And yesterday, a key solar company reported outstanding profits as well. First Solar reduced its manufacturing cost per watt more than (more…)

1st Quarter Wind Power Growth Breaks Record!

Wednesday, April 29th, 2009

wind-farmI braced myself for the American Wind Energy Association’s quarterly report, thinking the sinking economy would lead to slower wind deployment in the US. But then I got the just-released report, and they showed another record wind deployment for the first quarter! The US added (more…)