Energy
Shares of Tesla Motors Inc. gained more than 40 percent in their public trading debut Tuesday after the electric car manufacturer raised more money than expected in its initial stock offering. Investors snapped up Tesla’s shares even as the broader markets took a beating. The electric car maker, based in Palo Alto, Calif., is the first U.S. automaker to go public since Ford Motor Co. held its initial public offering in 1956.
RENO — Sparks city officials are appealing to the Nevada Public Utilities Commission after funding complications have left the city’s renewable energy development plans in limbo.
A portion of what’s being billed as the country’s largest photovoltaic solar plant has come online in Boulder City.
WASHINGTON — Two Nevada lawmakers are seeking to designate parts of two valleys in Lincoln County as “solar energy development zones” where leases for commercial projects would be fast-tracked and initial royalty payments could be reduced or forgiven.
Henderson City Council members have blown down plans to erect a four-story windmill in the backyard of a Green Valley home, but their decision could lead to the establishment of a wind farm elsewhere in the city.
A California company said Saturday that it selected the Las Vegas area for a manufacturing plant that will make the same kind of solar power cells that satellites use in space.
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