Renewables

General Electric (GE) on April 29 reported a steep drop in first-quarter revenue, with the industrial giant—like many companies—taking a major hit from the coronavirus pandemic. The company reported a year-over-year revenue decline of 8%, with posted revenue of $20.524 billion, and noted a $1 billion negative impact to cash flow during the quarter. The […]

Valmet has received an order from Zespół Elektrowni Pątnów-Adamów-Konin SA (ZE PAK) to convert a lignite-fired boiler into a biomass-fired boiler at its power plant in Konin, Poland. The order is included in Valmet’s orders received of the second quarter 2020. The value of the order is approximately EUR 20 million. The converted boiler plant […]

Ahead of most of the U.S., California state and local officials in the first weeks of March adopted some of the earliest and strongest steps to restrict movement and close non-essential businesses in order to fight the spread of the COVID-19 disease. One of the key challenges in implementing these “shelter-in-place” orders was how to […]

SANTA BARBARA, CA , April 28, 2020 — HyperSolar, Inc. (OTC:HYSR), the developer of a breakthrough technology to produce renewable hydrogen using sunlight and water, today announced that it has executed a Technical Services Agreement with engineering giant, Fluor,  in preparation for engineering required for a future pilot plant and other projects. “We believe that […]

CHARLOTTE, N.C. (April 28, 2020) – Duke Energy (NYSE: DUK) today released a pair of data-driven reports outlining the company’s recent accomplishments and path to advance its critical environmental, social and governance (ESG) initiatives. The company’s Sustainability Report details the company’s performance in four key areas – customers, growth, operations and employees. The report also is available […]

U.S. power plant operators continue to change procedures at their facilities, including pushing back scheduled maintenance, due to lockdowns and quarantines associated with the coronavirus pandemic. The changes are impacting companies such as General Electric (GE) and Siemens, which are major service providers to power plants, at a time when these global companies already are […]

While scientists and health professionals huddle with public officials to determine the best course forward to combat COVID-19 and relax social distancing, more of our leaders must address the need to quickly create high paying, sustainable jobs—lots of them. COMMENTARY Frankly, the need has never been greater. Regardless of political ideology, our politicians must put […]

Here’s the good news: humanity knows how to solve climate change. Wind, solar, energy storage, and efficiency technologies are cost-competitive, fully mature solutions that are ready to be deployed everywhere. Wind and solar are now the cheapest forms of new energy to build and continue to get cheaper. COMMENTARY Now the bad news: market inertia […]

Earth Day is normally when we honor the headway made in advancing environmental and climate goals, while also reflecting on the challenges that remain before us. However, this year our society was caught up in a pandemic-induced economic downturn that has left Americans focused squarely on sensible preservation of ourselves, our families, and our way of […]

In many locations, solar power is already the lowest-cost renewable energy alternative available. Some of the advantage stems from advancements made in manufacturing processes and economies of scale that solar companies have captured. Operating costs also factor into the equation—solar’s operating costs are minimal while operating expenses for wind power are more substantial. Still, Brendan […]