Renewables
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Solar
New Report Shows EU Solar Installations Rise Nearly 50%
A new report from industry group SolarPower Europe shows that solar installations in the European Union increased by almost 50% year-over-year in 2022, to a record 41.4 GW of generation capacity. “The numbers are clear. Solar is offering a lifeline amid energy and climate crises,” said Walburga Hemetsberger, CEO of SolarPower Europe. “No other energy […]
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Press Releases
ReNew Power signs 150-MW Agreement with Microsoft
GURUGRAM, India, Dec. 16, 2022 — ReNew Power (“ReNew” or “the Company”) (NASDAQ: RNW) (NASDAQ: RNWWW), India’s leading renewable energy company, today announced that it has signed a renewable energy agreement of 150 MW with Microsoft India, in one of the largest such deals in the country. As part of the arrangement, ReNew will produce 150 MW of clean energy from a […]
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T&D
Hitachi Energy Will Modernize HVDC System, Boost Delivery of Canadian Hydropower to U.S.
Hitachi Energy will spearhead the modernization of a key high-voltage direct current (HVDC) system in Canada to support the transmission of 1,500 MW of renewable power between Quebec and New York state’s electrical networks. Hydro-Québec, Canada’s largest power utility, on Dec. 15, picked the global technology firm to supply a “back-to-back” converter station at Châteauguay, […]
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Press Releases
Chevron and Baseload Capital create joint venture to explore geothermal development opportunities
HOUSTON/STOCKHOLM, Dec. 14, 2022 – Chevron Corporation (NYSE: CVX), through its Chevron New Energies business, and Baseload Capital have announced a joint venture to develop geothermal projects in the United States. The two companies will collaborate on driving geothermal opportunities – including identifying the best prospects for development, operations and progressing the next generation of geothermal […]
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Press Releases
Report: Clean Energy Industry Sees Massive Investments Since August
WASHINGTON, D.C., December 14, 2022 – In just the last three months, over $40 billion of new grid-scale clean energy investments have been announced, a new report shows – the same amount as the total investment estimated for all clean energy projects installed in 2021. The Clean Energy Investing in America report, released today by the […]
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Interview
The POWER Interview: Emerson Exec Talks Hybrid Facilities
More companies are providing software and automation technology to the power generation sector, particularly as newer forms of electricity production increase their market share. Emerson is among those groups, with its technology providing a single, integrated, secure platform that is independent of plant type or the equipment originally installed at a generation facility. James Fraser, […]
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Geothermal
Mitsubishi Power Will Build New Geothermal for Indonesia
Mitsubishi Power is expanding its geothermal infrastructure in Indonesia. The company has received an order from PT Pertamina Geothermal Energy (PGE), a subsidiary of the state-owned oil and gas group PT Pertamina, for construction of a 55-MW unit at the Lumut Balai Unit 2 geothermal power station. The order is for a steam turbine, generator, […]
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Hybrid Power
Hybrids Combine Technologies to Enhance Electricity Production
Solar + wind, solar + storage, wind + storage—even fossil fuels combined with renewable energy—are supporting the growth of hybrid power plants that are breaking the norms of traditional power generation
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Solar
Major Energy Players Seal Big Deals for Renewables
The world’s oil and gas majors, along with some of the largest utility companies, continue to invest in renewable energy as they develop diversified power generation project portfolios. Among the latest is
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Hydrogen
Projects Underway as Part of UK’s Hydrogen Plan
The UK has a broad plan to develop a hydrogen economy as a feature of its commitment to reach net-zero carbon emissions by 2050. Energy analysts have said hydrogen not only could fuel the country’s
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