Renewables

The company will supply 47 units of G132-3.465 MW wind turbines to Sammons Renewable Energy for the Midway wind project and an additional 48 units of the same turbine type to an undisclosed customer for another project. In total, Siemens Gamesa will provide 95 units of its G132-3.465 MW wind turbines. First orders for G132-3.465 […]

SANTIAGO, CHILE (January 18, 2018) — Building Energy SpA, a multinational company operating as a global integrated IPP in the Renewable Energy Industry, announces the constitution of Building Energy Andes SpA, a Joint Venture with Scotta Group aimed to the development, construction and operation of renewable energy assets in Chile. Scotta Group is an Italian […]

 A draft law backed by the European Parliament on January 17 proposes to raise the European Union’s (EU’s) renewable targets to 35% by 2030—substantially higher than a 27% target proposed by the European Commission and EU Council. Members of the European Parliament (MEPs) voted 492–88 (with 107 abstentions) to increase the share of renewable sources […]

Though some countries, including the U.S., have moved to support coal-fired power generation over the past year, investments in renewable energy continued to rise, according to a new report from Bloomberg New Energy Finance (BNEF). The research group on January 16 said global investment in clean energy such as wind and solar reached about $333.5 […]

An executive with the parent company of Tampa Electric said the utility plans to seek regulatory approval to convert its Big Bend Power Station in Florida, the oldest and last major coal-fired facility in its fleet, to natural gas. Rob Bennett, speaking at a breakfast gathering in Tampa on January 12, said an engineering analysis […]

Underscoring energy storage’s new vital role in power company operations, Siemens and AES Corp. have launched a joint company, Fluence Energy, that provides technology solutions paired with engineering and services capabilities. AES and Siemens on January 11 announced that Fluence, which merges AES Energy Storage and Siemens’ energy storage team, received all government approvals for the […]

In a press briefing held with Norwegian Prime Minister Erna Solberg on January 10, President Donald Trump said that U.S. could “conceivably” re-enter into global climate change mitigation efforts under the Paris accord. While he has “no problem” with the accord itself, he felt the agreement negotiated by the Obama administration treated the U.S. unfairly, […]

The U.S. Energy Information Administration (EIA) released its first look at expected power generation in 2019, and its conclusions are much the same as those it expects in 2018—the use of natural gas to produce electricity will continue to rise, and the use of coal will continue to decline. EIA’s Short-Term Energy Outlook, released January […]

Florida Power & Light (FPL) began the new year by opening four new solar power plants, along with officially retiring one of its two remaining coal-fired plants in the state. The utility on January 8 said the four solar plants began operating on January 1, 2018. They are the Horizon Solar Energy Center, in Alachua […]

Merchant markets for independent power producers in the U.S. are unfavorable, and many companies in the sector have slumping profits—even big losses—as they ponder where to go in the months and years