Renewables
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Renewables
Renewable Energy for All Seasons
When talking about renewable energy generation, the seasonal nature of these energy sources often raises questions. Will a solar array provide enough power during periods of cloudy weather or during shorter winter days? Can a wind turbine be effective on days with little to no wind? COMMENTARY We know that renewable energy relies on environmental […]
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Solar
Renewable Energy Group Buys 12 New York Community Solar Projects
BW Solar, a Canada-based a developer of community solar, distributed generation, utility solar, and utility-scale storage assets, said it has sold 12 New York community solar projects with a combined capacity of 76.7 MW to Catalyze, a clean energy transition company that finances, builds, owns and operates solar and battery storage systems. The groups on […]
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Electrification
Groups Collaborate to Electrify Chemical Processing Plants
Three major chemical processing companies announced the startup of a demonstration plant to show the viability of large-scale electrically heated steam cracking furnaces. BASF, SABIC, and Linde on April 17 said the facility, at BASF’s Verbund site in Ludwigshafen, Germany, will begin operating after three years of development, engineering, and construction work. The three groups […]
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Hybrid Power
Navigating the Interconnection Queue Is One of Many Challenges Clean-Energy Projects Face
There are several obstacles to overcome when building a clean-energy project, but perhaps the biggest is getting through the generator interconnection queue (GIQ). Every regional transmission organization (RTO) and independent system operator (ISO) in the U.S. has a significant backlog in its GIQ and processing interconnection requests can take years to complete. This has created […]
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Hydrogen
Hungarian Group Inaugurates Green Hydrogen Production Project
A Hungarian company that operates refineries and petrochemical plants, and runs service stations across Central and Eastern Europe, said it is set to begin commercial operation of a 10-MW green hydrogen production plant in Százhalombatta, Hungary. MOL Group, headquartered in Budapest, said the plant will produce 1,600 tonnes of hydrogen annually using electricity from renewable […]
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Renewables
Global Utility Alliance Calls for Tripling Renewable Energy Capacity
A group that represents utility companies worldwide said its members want to nearly triple their renewable energy generation capacity by 2030. The Utilities for Net Zero Alliance (UNEZA), which was formed at last year’s COP28 climate summit in Dubai in the United Arab Emirates (UAE), said the group collectively wants to increase its green energy […]
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Hybrid Power
Trina Storage, Pacific Green Sign Energy Storage Deal at UAE Summit
An energy storage division of a global solar power provider announced it has signed a letter of intent to supply equipment for several energy parks being developed by a UK-based renewable energy company. Trina Storage, part of China-headquartered Trina Solar, on April 19 said it would partner with London-based Pacific Green on several projects, and […]
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Legal & Regulatory
FERC Proposal Would Cut Reactive Power Compensation, a Potential Hit to Independent Power Producer’s Revenue Mix
In a time where capacity revenues are pricing lower and many generation owners find that their facilities are not being dispatched for energy on a consistent basis, reliable revenue streams are increasingly important. In addition to selling energy and capacity, many generation facilities collect fixed, monthly payments for the provision of “reactive power,” which are […]
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Solar
Clean-Energy Companies Urge Congress to Pass Siting, Permitting, and Transmission Reform
Nearly 200 solar and storage companies sent a letter to congressional leaders on April 17 calling for legislation to improve permitting, project siting, transmission, and public lands access for solar and solar plus storage projects. Market forecasts show that a range of policy and economic outcomes will determine the volume of solar deployment over the […]
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Renewables
Japan Energy Giant Launches UK-Headquartered Renewable Energy Group
The largest electric power company in Japan announced the spinoff of a new global renewable energy business, and said the venture would be headquartered in London in the UK. JERA, founded in 2015 as a 50-50 joint venture between TEPCO Fuel & Power, a wholly owned subsidiary of Tokyo Electric Power Co., and Chubu Electric […]