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Fortune 500 companies power up renewables -- are utilities in the mix?

A growing number of Fortune 500 companies are putting their dollars into energy efficiency and renewables to reduce their carbon footprints -- and getting a better return on their money than from their traditional investments. In many cases, they are looking to renewable energy to meet their carbon reduction targets, often opting for direct ownership or third-party power purchase agreements (PPAs) for wind, solar and other clean energy and leaving utilities out of the picture.

The EPA and Palen hearings: Unfolding the future of utility-scale solar?

Those interested in the future of utility-scale solar development in the United States will be keeping eyes and ears on a series of public hearings this week. The Environmental Protection Agency is holding four sessions on its proposed regulations for cutting carbon emissions at power plants, with three set for July 29-30 in Atlanta, Denver and Washington, D.C., and the fourth, July 31-Aug. 1 in Pittsburgh. Meanwhile, the California Energy Commission will also be holding three-days of public hearings July 29-31, with the outcome possibly determining the fate of the 500-megawatt (MW) Palen solar project and, with it, the future of utility-scale solar-tower plants in the U.S.