Renewables

Masdar, the Abu Dhabi-based renewable energy major, said it has agreed to buy Greece’s Terna Energy in a €3.2 billion ($3.4 billion) deal. The agreement signed June 20 is one of the largest renewable energy transactions in the history of the European Union. Masdar—also known as Abu Dhabi Future Energy Co.—said Thursday it had a […]

A leading solar energy equipment provider announced construction of a new factory that will expand its U.S. operations. California-based Nextracker on June 18 held a ceremony to mark the second Nextracker-dedicated manufacturing line that Unimacts, a Las Vegas-based group, has opened in the past year. The new 160,000-square-foot facility in Sloan, Nevada, south of Las […]

The second stage of one of the world’s largest wind farms is moving forward after developer TagEnergy announced it had closed financing for the project. The $2.6 billion Golden Plains Wind Farm in Australia, which when complete will have about 1.3 GW of generation capacity, will be the largest wind farm in Australia once fully […]

A leading renewable energy power transmission infrastructure company said it signed a power purchase agreement (PPA) with a Canadian group for electricity from a wind farm project in Québec. Pattern Energy Group LP on June 18 announced a 30-year PPA with Hydro-Québec for the latter’s 150-MW Broughton Wind project, located in the municipalities of Saint-Pierre-de-Broughton, […]

Nevada-based utility NV Energy said it plans to add more than 1 GW of capacity from both solar power and battery energy storage to its generation portfolio by the end of 2027. The company, which includes Las Vegas in its service territory and is part of billionaire Warren Buffett’s Berkshire Hathaway conglomerate, unveiled the additional […]

Michigan’s major electric utility said it plans to build one of the nation’s largest standalone battery energy storage projects at the site of a retired coal-fired power plant. Detroit-based DTE Energy on June 10 said it would convert part of the closed Trenton Channel power plant into a 220-MW energy storage facility. DTE retired Trenton […]

A new report from two leading energy industry groups said a record 11 GW of new solar power module manufacturing capacity entered service during the first three months of this year, representing the largest quarter of solar manufacturing growth in U.S. history. The Solar Energy Industries Association (SEIA) and Wood Mackenzie in their U.S. Solar […]

The state-owned Power Construction Corp. of China has brought a 5-GW solar power plant into commercial operation, with the project taking over as the world’s largest operating photovoltaic (PV) facility. The solar park, which entered service on June 3, is located in a desert area of the northwestern China province of Xinjiang, near the provincial […]

CMS Energy’s subsidiary NorthStar Clean Energy has given Babcock & Wilcox (B&W) the green light to start initial work on converting a 73-MW coal-fired power plant in Michigan into a bioenergy with carbon capture and storage (BECCS) facility that could send “carbon-negative” power to the grid. B&W on June 3 said the limited notice to […]

Proven results across 120 GW+ of renewable energy operations in over 40 countries Yokogawa Electric Corporation (TOKYO: 6841) announces that it has acquired BaxEnergy, a leading provider of renewable energy management solutions (REMS). This acquisition will provide Yokogawa with a proven range of solutions that have already been adopted by major power companies throughout Europe. […]

Equinor on June 4 announced its has finalized an agreement with New York State Energy Research and Development Authority (NYSERDA) for the renewable power generated by the 810-MW Empire Wind 1 offshore wind project. The deal comes after NYSERDA in February announced that Equinor had been selected as a conditional winner in New York’s fourth […]

In a significant push toward modernizing America’s aging grid infrastructure, the Biden administration, in partnership with 21 states, has launched the Federal-State Modern Grid Deployment Initiative. The measure marks the latest triumph for transmission and distribution (T&D), which has seen “lumpy” progress in recent decades. The initiative unveiled on May 28 essentially seeks to establish […]

Siemens Gamesa plans to cut about 4,100 jobs from its wind turbine division as the company continues to restructure its business. The downsizing, reported May 28 by Reuters, impacts about 15% of the company’s workforce. The news service said the layoffs were noted in an internal letter to staff from CEO Jochen Eickholt. The cuts […]

A major global energy and chemicals company has entered into a memorandum of understanding (MoU) with a provider of lower-carbon industrial heat and power, with the groups beginning engineering studies for a project showcasing thermal energy storage, hydrogen production, and carbon capture. Saudi Arabia-based Aramco and California-headquartered Rondo Energy said they executed the MoU on […]

The U.S. Dept. of Energy (DOE) announced it was preparing to make as much as a $1.66 billion loan guarantee to Latham, New York-based Plug Power, with the money earmarked for construction of as many as six clean hydrogen facilities across the U.S. The DOE on May 14 said the funds were part of a […]

The U.S. has officially exceeded five million solar installations, marking a significant achievement in the nation’s clean energy transition. This milestone comes just eight years after the U.S. reached one million installations in 2016—a milestone that took 40 years to achieve following the first grid-connected solar installation in 1973. According to data released by the […]

The past few years have shown that the need for cleaner energy sources is only growing, while balancing economic and infrastructure concerns remains vital to safeguard American energy dominance and security. The 2021 Bipartisan Infrastructure Law and 2022 Inflation Reduction Act are two recent examples of massive investments into American infrastructure and jobs, forging ahead […]

A company that supports solar power and battery energy storage systems (BESS) is part of a project that will support a portfolio of community solar projects across the state of New York. Houston, Texas-headquartered Catalyze, which finances, builds, owns, and operates solar and BESS installations, on May 15 said it had secured $100 million in […]

A UK- based global research group said continued growth in wind and solar power increased power generation from renewable energy to nearly a third of worldwide electricity output last year. Ember, a think tank headquartered in London, in its “Global Electricity Review 2024” released May 8 wrote that the numbers show a goal to triple […]

Siemens Energy announced an overhaul of its struggling wind power division on May 8, unveiling plans for a new CEO for its wind turbine business and also saying job cuts would be included in the plan. The news came on a day when the company raised its revenue outlook and also said it needed to […]

An Australia-based global metal mining and green energy company has broken ground on a major hydrogen production project in Arizona, part of what the group’s founder said could be several planned clean energy investments in North America. Dr. Andrew Forrest, executive chair and founder of Fortescue, at the May 3 groundbreaking for the Arizona Hydrogen […]

The first unit of one of the world’s highest-elevation hydropower plants began operating in China in April. China Energy said the Maerdang hydropower station (Figure 5), sited at more than 16,000 feet above

Transformational changes in the energy space will need to occur to meet the current global community’s decarbonization and climate protection commitments. Low-carbon-intensity hydrogen could provide valuable

A more distributed power distribution network will help utilities better navigate the wave of changes resulting from the smart grid. Very few industries will experience the rapid change that power distribution

The U.S. government offers certain benefits to renewable energy projects, primarily in the form of tax credits and depreciation. But the reality is that a growing number of tax-equity partnerships are reaching the end of their lifespan, and the sponsors and tax-equity investors in these projects need to be preparing for the future. In fact, […]

The Inflation Reduction Act (IRA) represents the largest incentive effort for clean energy in U.S. history. Its impact touches multiple sectors, including solar, wind, hydrogen, energy storage, and more. The IRA includes more than 70 investment, production, and excise credits designed to facilitate the transition to cleaner energy production. The legislation promotes advanced manufacturing, and […]

Renewable energy project developers now have important clarification about the transferability of clean energy tax credits, as the U.S. Treasury Dept. and the Internal Revenue Service (IRS) released final rules on the issue on April 26. The Inflation Reduction Act (IRA) passed in 2022 created two new credit delivery mechanisms—so-called elective pay or direct pay, […]

When talking about renewable energy generation, the seasonal nature of these energy sources often raises questions. Will a solar array provide enough power during periods of cloudy weather or during shorter winter days? Can a wind turbine be effective on days with little to no wind? COMMENTARY We know that renewable energy relies on environmental […]

BW Solar, a Canada-based a developer of community solar, distributed generation, utility solar, and utility-scale storage assets, said it has sold 12 New York community solar projects with a combined capacity of 76.7 MW to Catalyze, a clean energy transition company that finances, builds, owns and operates solar and battery storage systems. The groups on […]

Three major chemical processing companies announced the startup of a demonstration plant to show the viability of large-scale electrically heated steam cracking furnaces. BASF, SABIC, and Linde on April 17 said the facility, at BASF’s Verbund site in Ludwigshafen, Germany, will begin operating after three years of development, engineering, and construction work. The three groups […]