Global Energy Consumption

IEA Outlines World Energy Outlook

Dr. Fatih Birol, the IEA’s new Executive Director, presented the Association’s outlook for energy and oil prices this morning at Columbia’s Center on Global Energy Policy.  Highlights include a rebound in the price of oil to $80 per barrel by 2020 and the expectation that renewable energy will account for over 50% of energy production by 2030. While oil may be range-bound in the short-term, oil below $50 is uneconomical for US shale oil producers, forcing an inevitable cut in oil production in the United States.  As a result, the IEA expects that global oil investment will decrease by

Solar / Solar Stocks

Trina Solar Limited (TSL):  Still Shining Amid Solar Eclipse

It as s been a rough couple of months for the solar industry.  High-flying SunEdison and SolarCity have taken punches to the gut and many of the Yieldco funding vehicles have been cut in half.  Yet, Trina Solar keeps chugging along. Trina Solar is an integrated global manufacturer of solar panels and components and has more recently entered the solar-development business. Trina was ranked as the largest solar manufacturing company in the world in 2014 and has cracked the sub-$0.40/watt price this year, giving it meaningful economies of scale and cost advantages over competitors. The company’s China home, however,