Renewables
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Renewables
GOP-Held Congressional Districts Cash in on Clean Energy Projects
More than $106.5 billion in large-scale clean energy project investments have been announced in Republican-held congressional districts in the U.S. during the period from August 2022 through June 2024. The figure was released by E2, a national, nonpartisan group of business leaders, investors, and professionals from every sector of the economy who advocate for “smart […]
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Renewables
Nearly 5 GW of New Offshore Wind Power Approved for the U.S. Northeast
Over the past week, the offshore wind power sector in the U.S. received two major federal approvals that could add nearly 5 GW to the grid. On July 1, the Bureau of Ocean Energy Management (BOEM) approved a construction and operations plan (COP) for Avangrid’s 791-MW New England Wind 1 project and 1,080-MW New England Wind […]
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Renewables
Sedimentary Geothermal Resources Offer a Bright Future for Geothermal Energy
Next-generation, or “next-gen,” geothermal resources have the potential to increase geothermal power generation in the U.S. by twenty-fold by 2050. Next-gen geothermal concepts use technologies developed by the oil and gas industry to engineer reservoirs for geothermal energy generation, vastly expanding the available resource base. Typically, the term next-gen geothermal refers to enhanced geothermal systems […]
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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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