Renewables
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Solar
How Renewable Energy Companies Can Address Increasing Foreign Exchange Challenges
Following a difficult period for the renewable energy industry, firms must begin prioritising foreign exchange (FX) risk management against the rising threat of currency movements. It has been a tough year for the renewable energy industry. The post-COVID inflationary pressures that have gripped the global economy over the last two years are weighing heavily on […]
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Solar
Community Solar Drives Energy Transition in Longtime Fossil-Fuel Region
The energy transition is an increasingly important trend, not just for power generation but also for communities across the U.S. As regions that have been dependent on hydrocarbons begin to shift production to renewable resources, they not only lower global carbon emissions, but also reap new economic opportunities from income-producing renewable energy. The Energy Community […]
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Distributed Energy
Microgrids a Win for Both Owners and Grid Operators
According to a guidebook issued by Sandia National Laboratories, a U.S. Department of Energy (DOE) multi-mission laboratory, microgrids are defined as a group of interconnected loads and distributed energy resources (DERs) that act as a single controllable entity. A microgrid can operate in either grid-connected or island mode, which includes some entirely off-grid applications. A […]
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Wind
GE Vernova, Forestalia Reach Deal for Wind Farms in Spain
GE Vernova said the company’s turbines will play a major role in supporting renewable energy in Spain through a collaboration with Forestalia, one of that country’s leading clean energy developers. The companies on Dec. 14 said they had a framework agreement in which GE Vernova will install as much as 693 MW of onshore wind […]
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Renewables
Deloitte Report Highlights Growth in Renewables, Challenges for 2024
Investments in renewable energy resources across the U.S. continue to grow, supported by increased federal funding, legislation that improves project economics, and growing demand for cleaner energy. Deloitte, which provides insights and solutions for several industries including the energy sector, on Dec. 5 released its industry outlook for 2024 for renewable energy in the U.S., […]
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Coal
Tri-State Closing Arizona, Colorado Coal Plants Early, Investing in More Renewables
Colorado-based cooperative Tri-State Generation and Transmission Association will accelerate the closure of a coal-fired unit in the northwestern part of the state, and also announced a retirement date for an Arizona coal plant, as part of the utility’s latest electric resource plan (ERP). Tri-State on Dec. 1 also said it wants to acquire at least […]
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Solar
Technology Advancements Support Distributed Solar Generation
Upgraded equipment, new software, and innovations to serve both residential, and commercial and industrial customers are changing the solar power industry. Decentralized power generation continues to grow
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Coal
Indonesia Outlines Plans for Coal Power, Renewables
Indonesian officials said they would increase their use of renewable energy and move away from coal-fired power generation in order to receive funding from an international public and private decarbonization
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Solar
BayWa r.e. Supporting Solar Power for Agriculture Projects
Solar photovoltaic (PV) installations designed to support agriculture across the European Union (EU) received a boost in late October. BayWa r.e., a major Germany-based renewable energy developer, announced it
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News and Notes
POWER Digest [December 2023]
Kenya Set to Expand Hydropower Project. Kenya Electricity Generating Co. (KenGen) said it received approval from government officials to move forward with the Gogo hydropower redevelopment project. The Gogo