Renewables
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Press Releases
Vessel Operators in Digitalization Push to Meet Offshore Wind Ambitions
Bristol (April 27, 2021) — As offshore wind expands in the US, local commercial vessel and workboat operators looking to become leaders in the emerging offshore support market must respond to the demands of project owners whose standards and ways of working have been established in the mature European sector. That is according to Reygar […]
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Press Releases
Bureau Veritas Acquires Bradley Construction Management, Accelerating Growth in Renewable Energy Market
NEW YORK, April 22, 2021—Bureau Veritas today announced the acquisition of Bradley Construction Management, a US-based leader of project management and construction management services for the renewable energy sector. Established in 2013 and headquartered in Dallas, Texas, Bradley Construction Management specializes in providing on-site construction management for independent power producers in the renewable energy sector with a focus on […]
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Renewables
Chevron Joins Growing List of Oil and Gas Companies Investing in Offshore Wind
Ocergy Inc., a company developing a couple of new offshore wind energy solutions, announced last week that Chevron Technology Ventures and Moreld Ocean Wind (MOW) were investing in its Series A round of funding. The money is expected to help the company commercialize its OCG-Wind Floating Offshore Wind Turbine technology and OCG-Data environmental monitoring buoy. […]
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News
Reprieve for Nuclear, Gas in EU’s Sustainable Finance Taxonomy Rules
The European Union’s (EU’s) much-watched Taxonomy Climate Delegated Act—the world’s first “green list”—unveiled by the European Commission (EC) on April 21 qualifies several power-producing sectors in its technical screening criteria for sustainable investment decisions. However, it delays controversial decisions on gas and nuclear. The EC adopted the Delegated Act as part of an ambitious package […]
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News
Sweet Deal—Hershey, Others Have Solar Pacts
A well-known chocolate maker has announced two new clean energy partnerships as the company continues to increase its sustainability efforts. The Hershey Co. on April 20 said it has power purchase agreements (PPAs) to take electricity from two solar projects, one in North Carolina and another in Texas. Hershey, like many corporate power customers, has […]
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Press Releases
CleanCapital secures $300 million commitment from Manulife Investment Management, acquires 63 megawatts of operating solar projects
NEW YORK—April 20, 2021—CleanCapital, a leading clean energy investment platform and one of the largest owner-operators of distributed solar assets in the United States, announced today a corporate investment from Manulife Investment Management to grow its portfolio of clean energy assets. Manulife Investment Management’s commitment was sourced for the John Hancock Life Insurance Company (U.S.A.) […]
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News
COVID Costs 300,000 Clean Energy Jobs; DOE Readies for Rebound
An analysis of Bureau of Labor Statistics data for 2020 shows the number of workers in clean energy jobs last year fell for the first time since 2015, according to a group of business leaders and investors who study those numbers each year. The group’s “Clean Jobs America” report, released April 19, said about 3 […]
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Press Releases
Strata Solar Announces New Name: Strata Clean Energy
Durham, N.C. (April 15, 2021) — Strata Clean Energy, LLC (Strata), a leading provider of utility-scale solar and battery-energy-storage systems, is announcing its new name, Strata Clean Energy. The rebrand represents the company’s commitment to the proliferation of clean energy products by providing more safe and reliable renewable energy options – especially for large, utility […]
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Press Releases
Solar Leader Summit Ridge Energy Announces Tax Equity Partnership with Foss & Company
Arlington, VA (April 14, 2021) – Summit Ridge Energy (SRE) announced today that it has secured a $55 million tax equity commitment from investment manager Foss & Company. The partnership will fund approximately 73 MWdc portfolio of residential and commercial community solar projects across Illinois, Maryland and Maine. “As the leader in the acquisition and […]
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News
Jack and Solar—TVA Links Iconic Distillery With Renewable Energy
The trend of supplying commercial and industrial locations with renewable energy—along with the Tennessee Valley Authority’s (TVA’s) continuing support of investments in power projects that support sustainability—is being recognized at one of the most-iconic distilleries in the U.S. The TVA on April 13 said it has signed a long-term power purchase agreement (PPA) with Nashville-based […]
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News
Group Installing Solar on its NYC Properties
A New York realty company is providing a model of solar power’s continued growth as it works to complete a project to install solar panels on all the buildings it owns in the borough of Queens. Zara Realty on April 12 told POWER it is “halfway” to completing installation of solar technology on every site […]
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Press Releases
ACWA Power Inaugurates Renewable Energy Project
Al Jouf, KSA (April 9, 2021) — ACWA Power, a leading Saudi developer, investor and operator of power generation and water desalination plants, today announces the official inauguration of the 300 MW Sakaka PV IPP, KSA’s first utility scale renewable energy project, at an investment value of 1.2 billion Saudi riyals. The ceremony was held […]
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Press Releases
Duke Energy, Wells Fargo, NextEra Energy Resources join forces on major solar expansion in North Carolina
CHARLOTTE, N.C. (April 8, 2021) – Wells Fargo has become the latest large energy user to execute a renewable power agreement under Duke Energy’s Green Source Advantage (GSA) program – building on the solar expansion in North Carolina. Wells Fargo will purchase more than 58 megawatts (MW) of solar capacity from the Blackburn Solar project, […]
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POWER Podcasts
Solar Energy in the Sunshine State: FPL Leads the Way
Florida is known as “The Sunshine State,” so it’s no surprise that solar energy is growing rampantly across the state. Among the utilities adding solar resources to their energy mixes is Florida Power and Light Co. (FPL). FPL claims to be the largest energy company in the U.S. as measured by retail electricity produced and […]
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Tidal Power
UK Group Wants to Expand Largest Tidal Energy Project
A UK-based energy company said it is talking with government officials about securing financial support for an expansion of the world’s largest tidal energy project. SIMEC Atlantis Energy (SAE) on April 7 said it wants to move forward with a further rollout of “tidal stream technology” at the company’s MeyGen project in the Pentland Firth, […]
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Press Releases
174 Power Global Signs 15-Year PPA for 200-MW Solar Facility With Black Hills Energy
IRVINE, Calif. (April 7, 2021) — 174 Power Global, a leading solar energy company, today announced that it has entered into a 15-year Power Purchase Agreement (“PPA”) with Black Hills Energy to develop a 200-megawatt (MW) solar power production facility, Turkey Creek Solar in Pueblo County, Colorado. The new, utility-scale solar facility, is expected to […]
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News
Massive Solar Farm Will Serve Texas Grid
A California company has teamed with the U.S. subsidiary of Japan’s largest gas utility to build a major solar power project just outside Houston, Texas. Rosendin, an electrical contractor with its corporate headquarters in San Jose, and Tokyo Gas America are developing the Aktina Renewable Power Project, a 500-MWac/631-MWdc solar farm spanning 4,000 acres in […]
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Press Releases
GreenFire Energy Inc. and Mitsui Oil Exploration Co., Ltd. Enter Agreement to Perform a Technoeconomic Assessment of a Geothermal Resource
SAN FRANCISCO, California – April 6, 2021 – GreenFire Energy Inc. and the Mitsui Oil Exploration Co., Ltd. (MOECO) today announced that they have entered an agreement for GreenFire Energy to design and assist MOECO in performing a demonstration and testing of one of GreenFire Energy’s closed-loop geothermal solutions at a geothermal resource in Japan. […]
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Press Releases
Ameresco Announces Partnership with Holy Cross Energy and Colorado Mountain College for Solar and Battery Energy Storage Project
FRAMINGHAM, Mass. and GLENWOOD SPRINGS, Colo. (April 6, 2021) — Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced its partnership with Holy Cross Energy (HCE) for a solar and battery energy storage project, which utilizes land leased from Colorado Mountain College at its Spring Valley Campus. Rendering […]
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Electric Vehicles
The Surge in Electrification of Transportation Requires a Sustainable and Resilient Electrical Infrastructure
As society contends with the impacts of climate change, we need to aggressively pursue strategies for reducing carbon emissions. Although states in the U.S. are taking a variety of approaches to greenhouse gas (GHG) reduction, and following an equally diverse set of timelines, most state-level GHG emission goals announced so far are fairly consistent—to reduce […]
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Renewables
Oil and Gas Majors Focus on Renewable Energy, Hydrogen, and Carbon Capture
Although you’d be hard-pressed to find an expert who believes oil and gas companies will abandon exploration and production operations anytime soon, several oil and gas majors are expanding their businesses
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News
Ocean Power Developers Made Crucial Progress in 2020
Tidal and wave energy installations in 2020 brought global cumulative installations for ocean energy to almost 60 MW. Another 6 MW of wave and tidal energy is slated for deployment this year, suggesting marked
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Commentary
How FERC Order 2222 Will Bring the Power of Choice to Consumers
On a recent visit to my local hardware store, I was struck by all the products on display to help manage my energy needs. The store had LED light bulbs, weather stripping, and fiberglass insulation to help
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Distributed Power
Using Distribution-Class STATCOMs to Resolve Distributed Generation Plant Voltage Issues
When distributed generation causes net reverse power flow on a distribution feeder, several voltage-related issues can occur. According to studies published by the National Renewable Energy Laboratory (NREL)
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Offshore Wind
Biden Administration Sets National 30-GW Offshore Wind Target
The Biden administration on March 29 laid out a spate of measures to deploy 30 GW of offshore wind in the U.S. by 2030, an ambitious target that will require a vast scale-up in investment and build-out of the still latent power subsector. But if achieved, the target would unlock “a pathway” to 110 GW […]
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Press Releases
GreenFire Energy Inc., EDC Collaborate to Generate Power from Idle Geothermal Well
SAN FRANCISCO, California – March 24, 2021 – GreenFire Energy Inc. today announced that it has entered into an agreement with world geothermal leader Energy Development Corporation (EDC) to perform a commercial retrofit that will restore and generate steam from an idle geothermal well in its Mahanagdong geothermal facility located in Leyte, Philippines. The idle […]
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Power
Mechanical Seals and Bearing Isolator Solutions for Tidal Energy Equipment Protection
As clean-power technologies become more mainstream, offshore and river-based energy generating systems are beginning to come into their own in terms of proven performance. While the sea and rivers are widely available resources, they do come with a unique set of equipment protection and sealing challenges. The sealing solutions should be robust, safe, and effective—able […]
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Press Releases
Solar FlexRack Supplies Trackers to Namasté Solar for the Largest Agrivoltaic Research Project in the U.S.
Youngstown, Ohio (March 17, 2021) – Solar FlexRack, a division of Northern States Metals and an innovative leader in photovoltaic mounting and solar tracker solutions, announced that it has supplied its TDP Turnkey Solar Trackers for Jack’s Solar Garden, a 1.2 MW solar farm project and the largest agrivoltaic research project in the U.S., located in Boulder County, Colorado. […]
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Press Releases
DNV wins USD 17.7 million contract to support development of Taiwan Power Company’s largest offshore wind farm
TAIPEI, Taiwan (March 23, 2021) – DNV, the independent energy expert and assurance provider, has signed a USD 17.7 million (NOK 150 million) contract to be the Owner’s Engineer for Taipower Offshore Wind Project Phase II (Changhua Phase II) in Taiwan. It is the largest offshore wind farm being developed solely by Taiwan Power Company […]