Over the weekend, Berkshire Hathaway’s Chairman, Warren Buffett, released his annual letter to shareholders. Berkshire Hathaway Energy (BHE) is quite diversified in terms of utilities but it is solar and wind that is making the dent on both sides of the argument. The group now owns 7% of US wind and 6% of US solar capacity but at the same time calls it Federally-subsidized with tax credits. This goes to the argument that Buffett enjoys renewables as long as its utility owned aligning him with the likes of EEI. Read the important page of the letter here.
- Bloomberg: Buffett – Wind and Solar Power Competition Challenges Utilities
- Vox: Rural electric co-ops, traditionally bastions of coal, are getting into solar
- AEE: NEWS – Solar Plus Storage Goes Small – and Big
- Greentech Media: Nevada Solar Ballot Initiative Faces Utility-Backed Legal Challenge
- Post-Bulletin: Solar boom is boon for Minnesota landowners
- Boston Globe: Solar advocates tell lawmakers inaction clouds future of sector
- BBC: Is the US undermining India’s solar power programme?
- St Augustine Record: ‘Solar Priest’ challenges church to lead way in use of renewable energy
Opinion
Have a great day!
Yann