Renewables
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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 […]
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Commentary
What FERC Order 2023 Means for the Interconnection Queue
In recent years, concerns about the lengthy interconnection queue have dominated headlines. This queue has emerged as a major obstacle to adding new generating facilities to the U.S. power grid. It is primarily caused by grid congestion, permitting issues, extensive infrastructure project delays, and the traditional interconnection study approaches used in many states. To address […]
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Renewables
Major Offshore Wind Project Part of Swedish Renewable Energy Surge
A Sweden-based renewable energy developer, in partnership with the investment arm of Ingka Group–the biggest IKEA retailer–has been issued a permit for construction of a 5.5-GW offshore wind project that would be built in the Baltic Sea. OX2 AB and Ingka Investments on April 3 said officials in Gotland, Sweden, gave the companies a Natura […]
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Solar
Virtual Power Plant Network Supports the Grid and Compensates Customers
Sunnova Energy International Inc., an adaptive energy services company, announced continued investments and expansion to its virtual power plant (VPP) network, providing increased reliability, reduced emissions, and lower costs. With its VPP investments, Sunnova is boosting accessibility in California, Connecticut, Massachusetts, New York, Puerto Rico, Rhode Island, and Texas to enable customers to rapidly access […]
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Energy Storage
BESS Projects Boost Clean Energy in Europe
Portugal has a goal to produce at least 80% of its electricity from renewable energy resources by 2050. Several companies are investing in the country’s power infrastructure, including Powin, an
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Legal & Regulatory
Distributed Power, EAAS—New Ways to Join the Clean Energy Transition
The first image that likely comes to mind when the average energy consumer thinks about renewable energy is some kind of vast (utility-scale) solar or wind farm, or a massive battery project, usually pictured
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Commentary
Three Steps to Modernize America’s Electric Grid and Unlock the Green Energy Economy
America faces many energy-related challenges going forward, but none is more important than the need to modernize the U.S. electric grid—but right now the permitting process for building out and strengthening America’s power grid is not set up for success. Talk to just about anyone in the energy sector and you’ll hear about projects that […]