Renewables

A company that supports solar power and battery energy storage systems (BESS) is part of a project that will support a portfolio of community solar projects across the state of New York. Houston, Texas-headquartered Catalyze, which finances, builds, owns, and operates solar and BESS installations, on May 15 said it had secured $100 million in […]

A UK- based global research group said continued growth in wind and solar power increased power generation from renewable energy to nearly a third of worldwide electricity output last year. Ember, a think tank headquartered in London, in its “Global Electricity Review 2024” released May 8 wrote that the numbers show a goal to triple […]

Siemens Energy announced an overhaul of its struggling wind power division on May 8, unveiling plans for a new CEO for its wind turbine business and also saying job cuts would be included in the plan. The news came on a day when the company raised its revenue outlook and also said it needed to […]

An Australia-based global metal mining and green energy company has broken ground on a major hydrogen production project in Arizona, part of what the group’s founder said could be several planned clean energy investments in North America. Dr. Andrew Forrest, executive chair and founder of Fortescue, at the May 3 groundbreaking for the Arizona Hydrogen […]

The first unit of one of the world’s highest-elevation hydropower plants began operating in China in April. China Energy said the Maerdang hydropower station (Figure 5), sited at more than 16,000 feet above

Transformational changes in the energy space will need to occur to meet the current global community’s decarbonization and climate protection commitments. Low-carbon-intensity hydrogen could provide valuable

A more distributed power distribution network will help utilities better navigate the wave of changes resulting from the smart grid. Very few industries will experience the rapid change that power distribution

The U.S. government offers certain benefits to renewable energy projects, primarily in the form of tax credits and depreciation. But the reality is that a growing number of tax-equity partnerships are reaching the end of their lifespan, and the sponsors and tax-equity investors in these projects need to be preparing for the future. In fact, […]

The Inflation Reduction Act (IRA) represents the largest incentive effort for clean energy in U.S. history. Its impact touches multiple sectors, including solar, wind, hydrogen, energy storage, and more. The IRA includes more than 70 investment, production, and excise credits designed to facilitate the transition to cleaner energy production. The legislation promotes advanced manufacturing, and […]

Renewable energy project developers now have important clarification about the transferability of clean energy tax credits, as the U.S. Treasury Dept. and the Internal Revenue Service (IRS) released final rules on the issue on April 26. The Inflation Reduction Act (IRA) passed in 2022 created two new credit delivery mechanisms—so-called elective pay or direct pay, […]