Renewables
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Renewables
Hydropower Remains Renewable Leader Despite Climate Challenges
As the oldest renewable energy resource, hydropower is well-established as a reliable source of dispatchable energy. Yet, it is often overlooked and taken for granted. It’s commonly believed that hydro’s
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Trends
Energy Evolution: What Technologies Are Leading the Way Today
It’s not uncommon to hear people talk about the energy transition. Yet, throughout its history, the power industry has almost always been transitioning in one way or another. There are constantly new
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Hydrogen
POWER Digest [July 2024]
Economics Could Bring Early Closure for Slovenia Coal-Fired Plant. Slovenian Prime Minister Robert Golob in May said the Termoelektrana Šoštanj (TEŠ) facility, the country’s only remaining coal-fired
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Renewables
Masdar Inks $3.4 Billion Deal to Acquire Greece Renewable Energy Major
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 […]
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Renewables
Nextracker Building New Solar Equipment Manufacturing Plant near Las Vegas
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 […]
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Renewables
Construction Moves Forward on Australia’s Largest Wind Farm
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 […]
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Renewables
Pattern Energy Signs PPA for Quebec Wind Project
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, […]
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Renewables
NV Energy Adding 1 GW Each of Solar, Energy Storage in Nevada
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 […]
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Renewables
Michigan Utility Replacing Coal Plant With Large Energy Storage System
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 […]
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Solar
U.S. Solar Sector Shows Record-Setting Growth
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 […]