Renewables

  • Economics Hamper Power Improvements in Puerto Rico

    Puerto Rico has been battered by natural disasters in recent years, with hurricanes Irma and Maria in 2017, and a series of earthquakes in late December 2019 and early January 2020, causing widespread damage

  • Novel Stellio Heliostat Solar Project Goes Online in China

    One of the world’s first molten salt tower concentrated solar power (CSP) projects that uses a “Stellio” heliostat was grid-connected at the end of December in China’s Xinjiang province near the

  • Albania Seeks Investment to Support Existing Hydropower

    Albania, a country of about 2.9 million people, is a net importer of electricity, and power supply security is a major challenge for the country, which is situated north of Greece and borders the Adriatic and

  • POWER Digest [March 2020]

    Siemens Buys Out Iberdrola, Readying to Spin Off Gas and Power and SGRE Businesses. Siemens AG will acquire Spanish renewables giant Iberdrola SA’s full 8.1% stake in Siemens Gamesa Renewable Energy (SGRE)

  • The Case for Autonomous Network Management

    There is a near-global drive to replace carbon-based, polluting, resource-constrained energy sources with non-carbon renewables as the primary fuel for the electricity industry. Even traditional sources of

  • Trump’s Attempt to Bring Sanity to a Torturous Environmental Review and Permitting Process

    The Council on Environmental Quality (CEQ) proposed changes to the National Environmental Policy Act (NEPA) regulations to promote “efficient, effective, and timely” NEPA review by federal agencies (85

  • Moving Toward Mainstream—The Rise of Renewable Goals

    More states are setting targets for renewable energy. Cities and counties are joining in. Utilities are formalizing commitments. And economics, as always, play a major role. The transition to clean energy

  • Flow Batteries: Energy Storage Option for a Variety of Uses

    Energy storage is becoming increasingly important to the power industry. Lithium-ion battery technology has been implemented in many locations, but flow batteries offer significant benefits in long-duration

  • ELECTRIC POWER Conference Set for Denver

    POWER magazine will host its 22nd annual ELECTRIC POWER Conference & Exhibition April 14–17, 2020, at the Colorado Convention Center in Denver, Colorado. ELECTRIC POWER is the premier conference and

  • Are Traditional Power Companies Being Disintermediated?

    How will the electric grid change as the world transitions to a power system with more renewable energy resources? Some experts foresee a shift from today’s grid-type architecture to a system of systems—from the current centralized design to a distributed energy scheme. While it’s hard to know exactly what the future holds, it’s commonly believed […]

  • General Assembly Clears the Way for Virginia’s Participation In the Regional Greenhouse Gas Initiative

    RICHMOND, Virginia (Feb. 27, 2020) – After a late-night vote, Virginia will soon become the first southern state to participate in the Regional Greenhouse Gas Initiative, a carbon-cutting program for power plants that that will also direct more than $100 million annually to programs that will benefit all Virginians, particularly struggling families. The House of […]

  • How Much Will Hydrogen-Based Power Cost?

    Costs associated with 40 hydrogen technologies used in 35 applications, including for heat and power, could tumble dramatically over the next decade as the scale-up of hydrogen production, distribution, and equipment and component manufacturing continues. For some applications, hydrogen could become competitive with other low-carbon alternatives, and even conventional options. Those are key findings from […]

  • The Year Wind Surpassed Hydro as the Top Renewable in the U.S.

    Annual wind power generation exceeded hydroelectric generation for the first time in 2019, according to data published by the U.S. Energy Information Administration (EIA) on Feb. 26, making wind the top-producing renewable source of electricity in the country, a position long held by hydro. The EIA’s Electric Power Monthly with Data for December 2019 report […]

  • Fast Fixes to California’s ‘New Normal’ of Power Outages

    Experts say the solution is simple: increase the role of distributed renewables and deploy energy storage-based microgrids throughout the state. As California continues to cope with looming scheduled blackouts, the harsh reality is that not only is this the new normal for citizens and businesses on the West Coast, but it could remain that way […]

  • Energy Storage—A Trillion-Dollar Holy Grail

    The science of renewable energy is remarkable—the ability to harness nature to magically power our modern world is a seductive vision. And yet, the actual business of renewable energy is late to establish itself as a viable competitor to the petrochemical industry. The problem is rooted in cost parity and the challenges of production, storage, […]

  • Research Group: Energy Storage Market Will Hit $546 Billion by 2035

    A new report from a global research, data, and analytics firm says the total market for energy storage will reach $546 billion in annual revenue over the next 15 years, led by the continued electrification of the transportation sector. Lux Research, a Boston, Massachusetts-headquartered group, in its “Global Energy Storage Market 2019” report, estimates the […]

  • More renewable energy options available under Duke Energy’s Green Source Advantage

    CHARLOTTE, N.C. (February 25, 2020) – The North Carolina Utilities Commission (NCUC) has approved Duke Energy’s Green Source Advantage (GSA) program in North Carolina, enabling the company to expand renewable energy options for customers. View the NCUC order. “Large customers focused on securing more renewable energy now have an additional option with Duke Energy’s Green […]

  • Duke Energy Florida announces installation of one-millionth solar panel in state

    ST. PETERSBURG, Fla. (February 24, 2020) — One million solar panels and counting… Duke Energy Florida today announced the installation of its one-millionth solar panel in the state at the company’s Columbia Solar Power Plant in Fort White, Fla. Duke Energy Florida plans to install a significant amount of additional solar energy over the next […]

  • The New Due Diligence: Understanding the Climate-Related Vulnerabilities of Our Infrastructure

    Rich Sorkin, CEO of Jupiter Intelligence As the reality of climate change begins to soak in, enterprises, organizations and governments around the globe are trying to get a handle on the economic and social implications of rising temperatures and sea levels. One area most immediately threatened by climate change—and one that hasn’t received nearly enough […]

  • esVolta Secures $140 Million Credit Facility for Portfolio of Battery Energy Storage Projects

    ALISO VIEJO, Calif. (February 24, 2020) — esVolta, LP today announced that it has closed an approximately $140 million senior secured credit facility to finance a portfolio of its utility-scale battery energy storage projects. The credit facility was provided by CIT’s Power and Energy business as the Mandated Lead Arranger, and Siemens Financial Services (SFS), […]

  • TECO Announces $800-Million Investment in New Solar

    Tampa Electric Co. (TECO) on Feb. 19 said it plans to invest about $800 million to add another 600 MW of solar power generation capacity by year-end 2023. TECO on Wednesday said the expansion will increase its solar portfolio to more than 1.25 GW of solar generation, or about 14% of its total generation mix. […]

  • Researchers Make Progress on Several Power Projects

    Researchers at a few prominent universities have published findings on recent power-related projects. At Cranfield University in the UK, hydrogen production technology is advancing with an eye on cost and carbon reductions; researchers at the University of Michigan released best practices for extending lithium-ion battery life; and a Massachusetts Institute of Technology (MIT) study found […]

  • Minesto signs PPA with electric utility SEV for utility-scale tidal energy installations

    February 19, 2020 — Leading marine energy developer Minesto has signed a power purchase agreement (PPA) with the Faroese electric utility company SEV, advancing the parties’ collaboration to integrate tidal energy in the Faroe Island’s electricity mix. The PPA comprises both the planned installations of two 100kW systems of Minesto’s subsea kite technology and an […]

  • ITC Probing Economic Impact of Renewable Goals, Imports to New England

    Responding to a request from a Democrat-led U.S. House committee, the federal International Trade Commission (ITC) is investigating how New England’s increasing renewable targets are economically affecting the region, and what role renewable imports play in meeting those commitments. The ITC, an independent, nonpartisan and quasi-judicial federal agency that also provides fact-finding as it relates […]

  • Vestas, Siemens Gamesa, GE Top Wind Turbine Growth

    An energy and finance research group on Feb. 18 said Siemens Gamesa Renewable Energy’s (SGRE’s) offshore wind installations make it far and away the market leader in that category, while Danish wind turbine manufacturer Vestas continues to lead the onshore and overall wind turbine market. The report published Tuesday from BloombergNEF (BNEF) said Vestas took […]

  • Geronimo Energy and Basin Electric Power Cooperative Announce Power Purchase Agreement for 128 MW South Dakota Solar Project

    PIERRE, S.D., Feb. 18, 2020 — Geronimo Energy (Geronimo), a National Grid company, and Basin Electric Power Cooperative (Basin Electric) announced today the execution of a Power Purchase Agreement (PPA) for the Wild Springs Solar Project (Wild Springs). Wild Springs is a 128 megawatt (MW) clean solar energy project located in Pennington County, South Dakota, […]

  • GE Veteran Markhoff Named CEO of Grid Solutions Group

    Paris, FRANCE – February 18, 2020 – GE Renewable Energy (NYSE: GE) announced today that Heiner Markhoff has been named vice-president and CEO of Grid Solutions, effective March 20, 2020. Markhoff has a track record of growth, transformation and operational performance in diverse global businesses. He will be based in Paris, France. Markhoff replaces Reinaldo […]

  • Signal Energy Australia to Provide Engineering, Procurement, and Construction Services for the 706-Acre, 149 MW(P) Glenrowan West Solar Farm

    SYDNEY, Feb. 18, 2020 — Signal Energy Australia Pty Ltd has partnered with WIRTGEN INVEST, a German investment company, to lead the engineering, procurement, and construction (EPC) effort on the Glenrowan West Solar Farm. Signal Energy Australia is a wholly owned subsidiary of Signal Energy, a leading design/build contractor providing EPC services to the renewable energy industry. […]

  • Turbo Marketplace – the new online trading platform for Voith Turbo equipment

    Global marketplace for new, used and overhauled Voith Turbo equipment Providing an informative product overview including availability Expansion of the Voith service portfolio HEIDENHEIM, Germany. The new global online platform Turbo Marketplace offers the ability to sell or buy unused, used and overhauled Voith Turbo equipment. Safety stocks, changing conditions and cancelled projects lead to […]

  • WFW advises Noy Fund on acquisition of 421 MW Spanish PV portfolio

    February 13, 2020 — Watson Farley & Williams (“WFW”) has advised Noy Infrastructure & Energy Investment Fund (“Noy Fund”) on the acquisition of a majority stake in a photovoltaic (“PV”) portfolio of two plants with a total installed capacity of 421 MW from Hive Energy and White Light Energy. It represents Noy Fund’s first investment in […]