Renewables

AUSTIN, Texas, Sept. 23, 2019 — As part of the largest-ever renewable energy purchase by the automotive industry, E.ON today announced that it has signed an agreement with Honda for offtake from E.ON’s Boiling Springs Wind Farm. Under the terms of the Virtual Power Purchase Agreement (VPPA), Honda has contracted for 120 megawatts (MW) of […]

New York City (September 23, 2019) — Schneider Electric announced today at Climate Week NYC 2019 that it is drastically stepping up its commitment to carbon neutrality with three new actions: (1) accelerating its 2030 goal of carbon neutrality by demonstrating carbon neutrality in its extended ecosystem by 2025, bringing forward its objective by 5 years […]

San Ramon, California (September 23, 2019) – Complete Solar Inc. today announced it has raised $9 million in equity funding led by Ecosystem Integrity Fund. Additional participating investment came from the Libra Foundation. This capital is supporting Complete Solar’s market expansion, which includes enabling non-solar sales channels to expand their respective product offerings through Complete Solar’s reseller […]

COMMENTARY Texas has the most wind capacity of any state, generating about 16% of its electricity from wind. In August, as temperatures rose above 100F and consumers increased their use of air conditioning, Texas’ grid operators struggled to meet the record demand for electricity. Many of the wind turbines could not operate because the wind […]

The newly empowered Republican majority on the Federal Energy Regulatory Commission (FERC) flexed its administrative muscles Sept. 19 at its regular monthly meeting, voting 2–1 to issue a notice of proposed rulemaking (NOPR) to reform rules pertaining to the Public Utility Regulatory Policies Act (PURPA). It was FERC’s first public meeting since July, when the […]

Two formidable U.S. coal power generators this week separately revised their carbon dioxide emissions reduction targets. Duke Energy announced it would achieve net-zero carbon emissions by 2050. American Electric Power (AEP), meanwhile, said it would extend its target from 60% to 70% from 2000 levels by 2030, and by more than 80% by 2050—but it […]

Ocean Wind Gets NJ BPU Backing for Oyster Creek Wind Project. Ocean Wind LLC this month received support from New Jersey’s Board of Public Utilities (BPU) to develop a wind project with both offshore and onshore components, with a connection to the grid at the site of the former Oyster Creek nuclear station. Ocean Wind, […]

Highview Power recently unveiled its modular, giga-scale cryogenic energy storage technology, the CRYOBattery™. The company has announced a partnership with Tenaska to help develop four giga-scale plants in the U.S., with the first expected in in Texas. The company also is working on a fifth project in the Midwest. The technology uses ambient air to […]

The Singapore office of Watson Farley & Williams LLP (“WFW”) has acted for DBS Bank (Taiwan) Ltd, in various capacities, and DBS Bank Ltd, Taipei Branch, as lender, regarding term loan and performance bond facilities of up to approximately NT$2.4bn (c. US$77.5m) in aggregate to finance the project and development costs for a 70.2 MW solar power project […]

A coalition of nine utility companies is suing the Trump administration over its plan to replace the Obama-era Clean Power Plan. New York-based Consolidated Edison said the Affordable Clean Energy, or ACE, rule undermines efforts the companies already have in place to cut greenhouse gas emissions from power generation. The companies, who call their group […]