Renewables

As we commemorate another Earth Day this April, the challenges facing our energy systems and the environment seem more pressing than ever. Americans face continued economic uncertainty following the COVID-19

Today, hydrogen is experiencing unprecedented demand. Its potential to become a key facilitator of a global transition to a net-zero emission economy, and provide a clean energy solution, has not gone unnoticed by industries worldwide—especially in the energy, utilities, and resources sector. But introducing a hydrogen-powered energy economy is no light decision, it will affect […]

New York officials announced a milestone for the state’s solar power sector, with Gov. Kathy Hochul saying more than 1 GW of community solar generation capacity has been installed across the region. Hochul also said New York has the nation’s largest pipeline of community solar under construction, with more than 700 projects in the queue […]

Hydrogen is widely seen as a vital component in efforts to decarbonize the world’s power supply. One example of this is a strategy being piloted by at least a couple of major gas turbine manufacturers, which involves storing “green hydrogen” produced through electrolysis using excess wind or solar power when renewable energy supplies exceed grid […]

The leader of General Electric’s (GE’s) global energy business said the company expects its power and renewable energy units should be profitable in 2023, and experience even more success in 2024, after it weathers market headwinds that present challenges this year. Scott Strazik, speaking at the company’s March 10 investor day event, said GE is […]

Under current law, there are significant tax benefits for renewable energy projects in the United States. These benefits include nonrefundable ITC and PTC tax credits and depreciation deductions.  From the perspective of a renewable energy developer, however, such tax benefits may be difficult to use effectively.  Currently, ITC and PTC tax credits are nonrefundable, meaning that […]

When it comes to hydrogen energy, the industry typically differentiates the final product in classes that correspond to the carbon intensity with a focus on “the colors of the rainbow,” such as gray, green, purple, and blue. According to The New York Times, the oil and gas industries are promoting blue hydrogen because (at the […]

Gas power technology developers are exploring new roles and applications to ensure gas power will remain relevant as power markets embrace decarbonization. At the end of 2020, about 1,600 GW of gas turbines

Notwithstanding the ongoing impacts of COVID-19, in 2021 the deployment of solar, solar + storage, stand-alone storage, wind, and other renewable energy technologies continued to rapidly expand across the U.S

In today’s challenging business environment, it is paramount for organizations of all disciplines to reduce operating expenses while creating processes to meet strict greenhouse gas emissions standards. There is a worldwide focus on utilizing the full power of renewable energy and distributed assets to help organizations become more sustainable and decarbonized. Energy consumers, producers, utilities, […]