Batteries, Bankruptcies and the Future of Renewable Energy

Read the full story at JD Supra.

Renewable energy sources have been rapidly deployed across the nation for more than a decade. In addition to government mandates in California and other states promoting renewable energy, federal and state tax incentives and technological advances have spurred their growth, as have the reduced cost and improved efficiency of wind turbines and photovoltaic (PV) solar energy systems. Such renewable energy sources have demonstrated great potential for meeting long-term electric power demand, but most regions remain dependent on fossil fuel generation to balance the grid when the sun is not shining or the wind is not blowing.

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