Renewables
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Press Releases
FirstLight Power and H2O Power Announce Completion of Planned Integration
BURLINGTON, Mass. and OSHAWA, Ontario – April 11, 2023 – FirstLight Power, a leading clean power producer, developer, and energy storage company, today announced the company completed the planned integration of H2O Power, the third largest provider of hydroelectric power in Ontario. As the majority owner of over 150 Megawatts (MW) of generating capacity with […]
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Press Releases
Global wind energy to top 1 TW threshold by the end of 2023
LONDON / HOUSTON / SINGAPORE, 11 April 2023 – The global wind energy market will pass the one terawatt (TW) threshold for installed capacity by the end of 2023, according to the latest market outlook from Wood Mackenzie. “After needing more than 40 years to reach one TW of installations, the wind industry will reach […]
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Commentary
Financing the Energy Transition: Forging Ahead in the Wake of Silicon Valley Bank
Considering the unfathomable costs of unabated climate change, it stands to reason that even the most elementary investment thesis for the energy transition merits sincere consideration. And with the enormous sums of public and private capital committed these last few years toward the companies, technologies, and projects that promise to drive climate change mitigation and adaptation, it would appear […]
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Geothermal
EGS, AGS, and Supercritical Geothermal Systems: What’s the Difference?
The spectrum of geothermal technologies is quickly evolving. This supplement to POWER’s April 2023 feature, “Startups Are Shaking Up Geothermal Power’s Potential,” briefly explains the differences between some engineered geothermal systems. Conventional geothermal energy is largely produced by hydrothermal systems, which consist of hot water circulated in deep-seated permeable rocks. Resource temperature ranges from high (greater […]
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Geothermal
Startups Are Shaking Up Geothermal Power’s Prospects
Driven by ripe market conditions, technology startups are injecting investment and innovation into geothermal power to unlock novel applications that could substantially scale up the niche renewable power
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Renewables
Working with EPC Contractors: Guidance for Utilities Embarking on Solar Development
Engineering, procurement, and construction (EPC) contractors deliver many benefits to power projects. Besides the experience they bring that can help keep schedules on track, they often have longstanding
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Legal & Regulatory
CEQ’s New Guidance on NEPA Reviews for Clean Energy Projects
The Council on Environmental Quality (CEQ) earlier this year published its updated “Guidance on Consideration of Greenhouse Gas Emissions and Climate Change,” a document for the assessment and disclosure
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Press Releases
Swift Current Energy Ramps Up Construction of 800 MW Double Black Diamond Solar Project with McCarthy Building Companies
BOSTON and HOUSTON, March 29, 2023 – Swift Current Energy (“Swift Current”) is ramping up construction this spring for its Double Black Diamond solar project in central Illinois. The company has contracted St. Louis-based McCarthy Building Companies (“McCarthy”) as the Engineering, Procurement and Construction (EPC) contractor. Swift Current has also selected American-based First Solar to […]
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Offshore Wind
Entergy, RWE Partner to Assess Offshore Wind Prospects in Gulf of Mexico
U.S. utility Entergy and global power giant RWE are partnering to jointly assess the best means to develop an offshore wind market in the Gulf of Mexico. The two companies on March 30 unveiled a memorandum of understanding (MoU) under which they will analyze the Gulf of Mexico offshore wind market and define an optimal […]
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Offshore Wind
The Tremendous Potential—and Challenge—of Offshore Wind Energy
Wind turbines must move farther offshore to gain greater efficiency. But the challenges associated with doing so are significant. At the Dutch village of Den Oever, just north of Amsterdam, the A7 motorway extends onto the Afsluitdijk, a 32-kilometer dike that separates IJsselmeer Lake and the North Sea. Near the midway point, approaching the village […]
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Offshore Wind
Group Outlines Plan for Three Italian Offshore Wind Projects
An Italy-based renewable energy group said it will develop three floating offshore wind projects over the next several years that will provide about 2 GW of power generation capacity to the country. GreenIT, a joint venture between Plenitude and CDP Equity, part of CDP Group, on March 22 announced an agreement for design and construction […]
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Power
Microgrids Provide Reliable Power During Emergencies and Help Decarbonize the Grid
Microgrids are localized power grids that can be disconnected from the traditional grid to operate autonomously. Because they are able to operate while the main grid is down, microgrids can strengthen resilience and help prevent grid disturbances. They also function as a reliable resource for faster system response and recovery. Microgrids enable the integration of […]
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Press Releases
Susgen Sells Renewables Developer JBM Solar to RWE
Susgen, a market leading funder and partner to renewable energy development companies, announces the sale of its UK-based solar and battery storage development company JBM Solar to RWE, the UK’s largest power generator. Headquartered in London and founded in 2012, JBM Solar leaves the Susgen portfolio as the UK’s largest independent solar and co-located battery […]
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Press Releases
Emerson Selected by Lodestone Energy to Automate New Zealand’s First Large-Scale Photovoltaic Solar Power Project
Unique renewable energy project will support the national effort to decarbonize New Zealand’s energy sector AUSTIN, Texas (March 14, 2023) – Global technology and software leader Emerson (NYSE: EMR) will provide advanced automation solutions to help ensure the safety and reliability of New Zealand’s first large-scale solar photovoltaic (PV) power project. Emerson’s renewable power generation […]
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Press Releases
Voith Hydro and STRUCINSPECT advance monitoring of hydropower civil structures
Voith Hydro and STRUCINSPECT advance monitoring of hydropower civil structures Strong partnership between experienced equipment supplier and successful corporate start-up from Austria. Digital inspections lead to state-of-the-art digital infrastructure and lifecycle management. First hydropower facility monitoring currently underway in Scotland. HEIDENHEIM/VIENNA. Hydropower is the world’s largest source of renewable energy. In order to make the […]
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Wind
Ukraine Group Completes First Phase of Wind Farm Despite Ongoing War
Ukrainian energy company DTEK Group said it has finished construction of the first 114 MW of a planned 500-MW wind farm in the country, as DTEK continues to work on energy projects despite the ongoing Russian invasion of Ukraine. The company on March 10 said it is seeking international help to complete the Tyligulska wind […]
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Press Releases
Copenhagen Infrastructure Partners enters long-term partnership in India to develop 1.8GW of renewable energy projects
Copenhagen Infrastructure Partners (CIP), on behalf of its New Markets Fund I (CI NMF I), today announced a partnership with Indian developer Viviid Renewables to develop more than 1.8GW of greenfield renewable energy projects in India. COPENHAGEN, Denmark, March 03, 2023 (GLOBE NEWSWIRE) — Copenhagen Infrastructure Partners has entered into a framework agreement through its […]
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Press Releases
ACWA Power inks major renewable development deal with Kazakhstan government for 1GW wind energy and battery storage plant
Heads of Agreement signed with the Ministry of Energy and Samruk-Kazyna, the country’s sovereign wealth fund in the presence of HRH Prince Abdulaziz New partnership indicates ACWA Power’s market entry into Kazakhstan Riyadh, Saudi Arabia – 02 March 2023: ACWA Power, a leading Saudi developer, investor, and operator of power generation, water desalination and green hydrogen plants […]
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Press Releases
Renewable Properties Closes Fund 8 Portfolio of Nearly 30 MW of Community Solar Projects with Financiers Nelnet Renewable Energy and AB CarVal
SAN FRANCISCO, CA — March 1, 2023 — Renewable Properties, a developer and investor in small-scale utility and community solar projects, has closed its Fund 8 portfolio with two financing partners, Nelnet Renewable Energy and AB CarVal. Fund 8 consists of nearly 30 MW of community solar projects in California and New York. The closing of Fund 8 reflects the company’s strong ties to […]
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Press Releases
RWE Completes Acquisition of Con Edison Clean Energy
Essen, Germany (March 1, 2023) — RWE AG, one of the world’s leading renewable energy companies, successfully closed the acquisition of all shares in Con Edison Clean Energy Businesses, Inc. (Con Edison CEB), from Consolidated Edison, Inc. after only five months from the announcement of the transaction. All relevant authorities have approved the acquisition. The transaction makes […]
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Trends
A Complex Landscape for the Future of Combined Heat and Power
Few power-generating resources present the combination of workhouse abilities that combined heat and power (CHP) does. But, powered predominantly by fossil fuels, will CHP find its unique footing within the
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Power
Cyber Resilience for Wind Power Installations
A tailored approach to evaluating and implementing benefit-based cybersecurity technologies for wind power plants. Recent research and development (R&D) have provided insights into cybersecurity strategies and business cases for cybersecurity investments. These findings will help renewable sector entities tailor an approach to evaluating and implementing cybersecurity technologies for wind power plants. A Cyber Resilient Reference […]
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Hydro
IRENA Says Hydropower Capacity Must Double by 2050 to Meet Climate Goals
A new report issued this week by the International Renewable Energy Agency (IRENA) says hydropower, which is already the largest source of renewable electricity in the world, must double in capacity if the world is to meet the climate goals outlined in the Paris Agreement by 2050. The report says installed hydro capacity must reach […]
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Press Releases
Emerson Software Helps Intermountain Power Agency Deliver Carbon-Free Power
Transformative initiative creates clean energy hub for western United States, extends digital foundation for green hydrogen production, storage and power generation PITTSBURGH (Feb. 14, 2023) – Emerson (NYSE: EMR), a global software and engineering leader, has been selected to automate operations at Intermountain Power Agency’s IPP Renewed power plant, a regional energy hub that uses […]
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Geothermal
Kenya Gearing Up to Build 35-MW Geothermal Power Plant at Menengai Steam Field
Kenya is readying to kick off construction of the 35-MW Menengai geothermal power project in Nakuru County as part of the first phase of the wider Menengai complex, the country’s second large-scale geothermal field developed after Olkaria. The project is being developed by Globeleq, an Africa-focused independent power producer and project developer that is 70% […]
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Geothermal
DOE Dedicates Funding for Up to Seven EGS Geothermal Pilot Demonstrations
The Department of Energy has moved to fund up to seven pilot enhanced geothermal system (EGS) projects to demonstrate different geologic settings, a variety of development techniques, and different well orientations. The U.S. agency on Feb. 8 announced up to $74 million to support the EGS pilots, for which the November 2021–enacted Infrastructure Act designates […]
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Power
Accelerating the Transition to Green Energy with Product Lifecycle Management
Rising concerns over climate change have caused a major shift in the energy ecosystem, away from fossil fuels and toward renewable, clean, and sustainable energy. Currently, the earth is about 1.1C warmer than in the late 1800s. As outlined in the Paris Agreement, the goal is to reduce greenhouse gas (GHG) emissions, limit global warming […]
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Renewables
DOE, NREL, EPRI Announce Program to Support Grid Integration of DERs
The U.S. Dept. of Energy (DOE) has announced a new competition designed to support the integration of distributed energy resources (DERs) into the nation’s power grid. Energy Secretary Jennifer Granholm unveiled the program Feb. 7 during a presentation to attendees of the DISTRIBUTECH 2023 event at the San Diego Convention Center in California. The program […]
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Press Releases
Emerson Launches Ovation Green, a Dedicated Renewable Power Technology and Software Portfolio
Ovation Green will help producers navigate the emerging sustainable energy economy PITTSBURGH (Feb. 2, 2023) – Emerson has combined its comprehensive power expertise and renewable energy capabilities into the Ovation™ Green portfolio to help power generation companies meet the needs of customers navigating the transition to green energy generation and storage. By uniting the recently […]
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Press Releases
TotalEnergies reaches 1 GW of solar power contracts for self-consumption by its B2B customers worldwide
Paris, 2nd February 2023 – TotalEnergies has reached a new milestone with the signature of 1 GW of green Power Purchase Agreements (PPAs) for self-consumption on the sites of its B2B customers. This performance is the result of a strong development strategy based on a multi-energy approach to support its B2B customers in their energy […]