Renewables

  • TotalEnergies acquires 50% of Clearway, the 5th-largest U.S. renewable energy player

    PARIS, France (May 25, 2022) – TotalEnergies has announced the signature of agreements with Global Infrastructure Partners (GIP) to acquire 50% of Clearway Energy Group (CEG), the fifth-largest U.S. renewable energy player. This constitutes its largest acquisition in the renewable energy in the U.S., one of the top three renewable markets in the world. With […]

  • The POWER Interview: Importance of Pricing Data for Renewable Energy

    The highs and lows of markets for renewable energy are driving more interest in granular pricing data. Any company embarking on a new project must do its research to ensure that it calculates the proceeds based on the right financial information. With so much data now readily available, it’s more important than ever to use […]

  • History of Power: Duke Energy’s Century-Old Legacy

    Duke Energy, one of the largest energy companies in the world, grew out of a system of lakes and dams along the Catawba River to generate power for the Piedmont Carolinas. While the company has sustained a

  • Large-Scale Hydrogen Projects Take Shape as Technology Continues to Evolve

    If hydrogen-based power technology and decarbonization schemes seem like a novelty to you, you may not be paying close enough attention to developments happening around the world. While some hydrogen pilot

  • ACES Delta’s Giant Utah Salt Cavern Hydrogen Storage Project Gets $504M Conditional DOE Loan Guarantee

    The Advanced Clean Energy Storage Project, a much-watched project under development in Delta, Utah, that is shaping up to be the largest renewable hydrogen energy hub in the U.S., has garnered a conditional commitment for a $504.4 million loan guarantee from the Department of Energy’s (DOE’s) federal loan guarantee program. The conditional loan guarantee commitment […]

  • White House Advisor Says Progress Toward Biden’s GHG Emissions Reduction Targets Is ‘Going Really Well’

    On April 22, 2021, President Biden announced greenhouse gas (GHG) pollution reduction targets for the country. His vision was revealed during a summit on climate that he was holding, which was said to be “part of the President’s focus on building back better in a way that will create millions of good-paying, union jobs, ensure […]

  • BlackRock-led Group Invests $525M Toward India Renewable Energy

    A group considered the world’s largest asset manager has joined with a United Arab Emirates (UAE) wealth management fund to support an investment in renewable energy development in India. A consortium led by New York-based BlackRock, along with UAE sovereign wealth fund Mubadala Investment Co., on April 14 said it would pay $525 million for […]

  • Burns & McDonnell Completes Construction of 65-MWdc Solar Project for Vistra

    KANSAS CITY, Missouri — Burns & McDonnell recently completed construction of a 65-MWdc/50-MWac solar project at Vistra’s Brightside Solar Facility in Live Oak County, Texas. The project peaked with over 250 craft construction professionals on-site and was completed with zero safety recordables or lost time incidents. The site utilizes 440-watt First Solar thin-film modules in conjunction with […]

  • Grid Interconnection Queue Filled with Solar and Energy Storage Projects

    A study conducted by the Lawrence Berkeley National Laboratory (Berkeley Lab) shows more than 1.1 TW of solar and energy storage capacity were in the U.S. power grid’s interconnection queue at the end of 2021. Notably, that total is more than the currently existing capacity in the U.S. power fleet. Additionally, Berkeley Lab researchers found […]

  • Distributed Renewables’ Cyber Resilience

    The benefits of renewable energy continue to grow, with wind generation supplying 9.2% of generation in the U.S. and up to 22.6% in other western countries like Germany. Solar is at 2.8% in the U.S. (for utility-scale installations) and near 10% in Germany. Through diversification and greater distribution system integration, the application of renewable energy […]

  • Microgrids with Propane-Fueled Backup Systems Deliver Reliable, Resilient Power

    With the increased value of distributed capacity in various energy markets, there is a growing demand for generators in microgrids, which are local energy systems that can be disconnected from the electric

  • Competition Is More Important Than Ever to Tackle Today’s Energy Challenges

    As we commemorate another Earth Day this April, the challenges facing our energy systems and the environment seem more pressing than ever. Americans face continued economic uncertainty following the COVID-19

  • Fueling a Cleaner Future with a Hydrogen-First Economy: The New Green Energy Disrupting Power Distribution Companies

    Today, hydrogen is experiencing unprecedented demand. Its potential to become a key facilitator of a global transition to a net-zero emission economy, and provide a clean energy solution, has not gone unnoticed by industries worldwide—especially in the energy, utilities, and resources sector. But introducing a hydrogen-powered energy economy is no light decision, it will affect […]

  • New York Tops 1 GW of Community Solar Installations

    New York officials announced a milestone for the state’s solar power sector, with Gov. Kathy Hochul saying more than 1 GW of community solar generation capacity has been installed across the region. Hochul also said New York has the nation’s largest pipeline of community solar under construction, with more than 700 projects in the queue […]

  • How Ammonia Could Help the World Transition to Clean Energy

    Hydrogen is widely seen as a vital component in efforts to decarbonize the world’s power supply. One example of this is a strategy being piloted by at least a couple of major gas turbine manufacturers, which involves storing “green hydrogen” produced through electrolysis using excess wind or solar power when renewable energy supplies exceed grid […]

  • GE Exec Expects Rebound for Renewables

    The leader of General Electric’s (GE’s) global energy business said the company expects its power and renewable energy units should be profitable in 2023, and experience even more success in 2024, after it weathers market headwinds that present challenges this year. Scott Strazik, speaking at the company’s March 10 investor day event, said GE is […]

  • Direct Pay Proposals in the Build Back Better Act and Observations from Industry Insiders

    Under current law, there are significant tax benefits for renewable energy projects in the United States. These benefits include nonrefundable ITC and PTC tax credits and depreciation deductions.  From the perspective of a renewable energy developer, however, such tax benefits may be difficult to use effectively.  Currently, ITC and PTC tax credits are nonrefundable, meaning that […]

  • The Hydrogen Rainbow Is So 2021—It’s Time to Get Over It

    When it comes to hydrogen energy, the industry typically differentiates the final product in classes that correspond to the carbon intensity with a focus on “the colors of the rainbow,” such as gray, green, purple, and blue. According to The New York Times, the oil and gas industries are promoting blue hydrogen because (at the […]

  • New Realms for Gas Power Technology

    Gas power technology developers are exploring new roles and applications to ensure gas power will remain relevant as power markets embrace decarbonization. At the end of 2020, about 1,600 GW of gas turbines

  • Renewable Energy Ready to Deliver Despite Continued Uncertainty

    Notwithstanding the ongoing impacts of COVID-19, in 2021 the deployment of solar, solar + storage, stand-alone storage, wind, and other renewable energy technologies continued to rapidly expand across the U.S

  • Harnessing the Benefits of Energy Storage to Reshape Sustainable Operations

    In today’s challenging business environment, it is paramount for organizations of all disciplines to reduce operating expenses while creating processes to meet strict greenhouse gas emissions standards. There is a worldwide focus on utilizing the full power of renewable energy and distributed assets to help organizations become more sustainable and decarbonized. Energy consumers, producers, utilities, […]

  • California Energy Commission Awards Funding to GreenFire Energy Inc. for Demonstration of its Geothermal GreenLoop Technology at The Geysers

    GreenFire Energy Inc. to Partner with Calpine Corporation to Implement Its Steam Dominated GreenLoop Technology San Francisco, California – February 17, 2022, GreenFire Energy Inc. announced today that it was awarded more than $2.7 million by the California Energy Commission (CEC) to install its Steam Dominated GreenLoop (SDGL) technology at The Geysers geothermal field in […]

  • Green Hydrogen Economy: Magic Bullet or Mirage for Africa?

    Africa has approximately 600 million people without access to clean, reliable, and affordable electric power (80% of the global total). On the flip side, the continent has some of the fastest growing economies in the world. Countries like Egypt and Ethiopia have recorded more than 6% annual growth in gross domestic product (GDP) with the […]

  • Poland Secures NuScale SMR as Urgency for Nuclear Energy Ramps Up Across Central, Eastern Europe

    NuScale Power has signed a definitive commercial agreement with mining and processing firm KGHM Polska Miedź S.A. to deploy a VOYGR power plant of up to 924 MWe as early as 2029 to support KGHM’s copper and silver production in Poland. Under an “early works agreement” signed in a ceremony on Feb. 14 in the […]

  • U.S. Tops 200 GW of Renewables, but Deployment Slows

    A report from a trade group representing the U.S. renewable energy industry says the nation now has more than 200 GW of operating utility-scale generation capacity, but the pace of growth has slowed as projects have been delayed due to regulatory and equipment supply issues, among other factors. The “Clean Power Quarterly 2021 Q4 Market […]

  • New Site Renewables Right Map Helps Companies and Communities Identify Areas for Renewable Energy

    FEB. 8, 2022 — The Nature Conservancy today publicly released a map to help companies and communities identify the most promising places in the central U.S. to quickly develop renewable energy while avoiding impacts to important wildlife and habitats, called Site Renewables Right (nature.org/SiteRenewablesRight). The new analysis combines more than 100 GIS layers of wildlife […]

  • CAISO Plan Calls for $30.5 Billion for Transmission—and More Renewable Energy

    California’s power grid continues to evolve and will look much different by 2040, according to a 20-year draft transmission plan released by the California Independent System Operator (CAISO). The plan calls for significant additional renewable energy resources, along with a $30.5-billion build-out of the transmission grid.  The outlook, developed by the grid operator along with […]

  • Infrastructure, Renewables, ESG Initiatives Lead Trends for 2022

    The Biden administration has made clear its intention to promote the transition to clean energy, setting ambitious goals like carbon neutrality for the power sector by 2035 and for the entire country by 2050. A critical step toward these goals was congressional passage of the $1 trillion Infrastructure Investment and Jobs Act (IIJA), which President […]

  • Jochen Eickholt to replace Andreas Nauen as CEO of Siemens Gamesa

    FEB. 2, 2022 — Siemens Gamesa Renewable Energy has appointed Jochen Eickholt, a member of the executiveboard at Siemens Energy as its Chief Executive Officer. Eickholt will take the reins at Siemens Gamesa on March 1, replacing Andreas Nauen. “Siemens Gamesa is experiencing significant challenges in its Onshore business in a very difficult market and […]

  • Biomass Power: Environmental Benefit or Numbers Game?

    Many bioenergy industry proponents put forth carbon neutrality as a basis for their support. However, the claim may not hold up under scrutiny. By some accounts, biomass power plant emissions including those