Renewables
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News
Record-Low Solar Prices Drive Middle East Projects
Abu Dhabi Power Corp. (ADPower) in late April announced what it called the lowest-ever cost-competitive tariff for a solar photovoltaic (PV) project, a few months after a project in Dubai made that claim for
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News
Renewables Gain Investors as Some Flee Oil, Gas, and Coal
The global crash of prices for crude oil, on top of a prolonged slump in the price of natural gas, is taking a toll on the oil and gas sector. The coal industry also continues to suffer, as the supply of
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News
POWER Digest [June 2020]
SGRE Signs Deal for O&M on Wind Turbines. Siemens Gamesa Renewable Energy (SGRE) has secured a long-term, 20-year contract to provide full-scope operation and maintenance (O&M) services for a 135-MW
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Waste to Energy
Waste-to-Energy Strategies Are Not Dead
Few waste-to-energy (WTE) plants have been completed in the U.S. since the mid 1990s, but the story is different around the world, where WTE technology is seen as a suitable solution to municipal solid waste
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Wind
Sumitomo Electric Completes the Construction of Japan’s Largest Wind Farm “Wind Farm Tsugaru”
Sumitomo Electric Industries, Ltd. is pleased to announce that it has completed the construction of the largest wind farm in Japan, “Wind Farm Tsugaru,” which was ordered by Kajima Corporation. Wind Farm Tsugaru, with a total output of 121,600 kW, is the largest onshore wind farm in Japan (as of April 2020), established in Tsugaru […]
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Coronavirus
Charting a Path Forward for the Energy Sector in a Post-Pandemic World
The onset of the COVID-19 pandemic is not the type of thing enterprise technologists could see in our magic crystal ball. Before the onset of the virus and its effects, I set out three predictions for the energy, utilities, and resources sector for the coming year—but of course, a global shutdown of business, transport, and […]
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Wind
IRS Grants Wind and Solar Sectors Critical COVID-19 Reprieves
The U.S. Internal Revenue Service (IRS) has granted a one-year extension of the continuity safe harbor, providing much-needed relief for many wind developers, which, crippled by pandemic-related delays, were racing to complete projects before crucial tax incentives expired at the end of this year. In its May 27–issued Notice 2020-41, the IRS essentially modified prior […]
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News
With Vogtle Completion in Sight, Southern Company Targets Net-Zero Carbon Emissions
Fresh off the announcement that the final module for Vogtle Unit 3 was placed at the nuclear expansion project in Georgia, Southern Company said on May 27 that it was setting “a long-term greenhouse gas (GHG) emissions reduction goal of net-zero emissions by 2050.” The announcement was made during Southern Company’s annual stockholders meeting, which […]
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News
Data Tool Shows Pandemic’s Impact on Power Prices
A clean energy valuation and risk analytics company said that low demand for energy during the COVID-19 pandemic, along with low prices for natural gas and strong power generation from renewable energy resources, has brought unprecedented low prices for electricity in multiple U.S. markets. REsurety said its Renewable Energy Market Analytics Platform (REmap) shows that […]
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Press Releases
Energy Impact Partners Enters Infrastructure Market With 100-MW Portfolio of Community Solar Projects
NEW YORK —May 27, 2020 — Energy Impact Partners (EIP), one of the world’s leading investment firms focused on the sustainable energy transition, and NextPower III, an international fund managed by NextEnergy Capital Group (NEC), today announced the closing of an agreement for the acquisition of an 102 megawatt (MW) portfolio of community solar projects […]