Renewables

Power systems around the world are changing. Renewable energy, mainly in the form of wind and solar generation, is being added everywhere, while more traditional forms of power, such as coal-fired and nuclear generation, are being retired from the grid. Meanwhile, natural gas-fired generation has taken the lead role in facilitating the transition by providing […]

A federal government geothermal program based at the University of Utah has chosen 17 projects that will receive up to $46 million from the U.S. Dept. of Energy (DOE). The DOE on Feb. 24 said its Frontier Observatory for Research in Geothermal Energy (FORGE) Initiative will support funding for what it called “cutting-edge, domestic, and […]

Although geothermal energy supplies a very small percentage of the electricity used around the world currently, geothermal advocates aren’t letting the seeming insignificance of the existing power generation capacity detract from their enthusiasm about the future. After years of relative obscurity compared to other renewable energy sources, such as solar and wind, geothermal energy is […]

American Municipal Power, Inc. (AMP) is a nonprofit wholesale power supplier and service provider for 135 members. AMP and its member communities are committed to the balance of being responsible corporate citizens, governmental entities, employers and environmental stewards, while maintaining a supply of cost-competitive, reliable electric power. One way AMP achieves this balance is through […]

BALTIMORE, Feb. 17, 2021 — ForeFront Power and TurningPoint Energy today announce the completion of four Maryland-based community solar projects. The Leigh Friend Solar Project was completed this month, and three additional projects (Kingsville, Croom Road, and South Osborne Road) began delivering power to residents in late 2019. Together, these four projects created over 150 […]

Ho Chi Minh City, Vietnam (Feb. 15, 2021) — Modern Energy Management (MEM), a specialist in developing, building and operating investment grade renewable energy projects in emerging markets, announced that it completed its project development scope of work for approximately 420MW of onshore and intertidal wind projects for a confidential client in Vietnam. Over the […]

GE Renewable Energy and independent asset manager Luxcara announced an agreement to develop Europe’s largest onshore wind farm, an installation that includes a 25-year full-turbine service and maintenance contract. Luxcara has begun infrastructure work on the project in Sweden. GE Renewable Energy on Feb. 15 said it expects to begin installing the first of 137 […]

BROOKLYN, N.Y. (Feb. 9, 2021) — David Energy, a new kind of electricity supplier, today announced the close of $19 million in new financing. The new capital includes a $4.1M Seed round led by Equal Ventures and a $15 million working capital facility from Hartree Partners, a global merchant commodities firm specializing in energy and […]

CARMEL, Indiana (February 10, 2021) — The Midcontinent Independent System Operator (MISO) today published the Renewable Integration Impact Assessment (RIIA), an analysis that evaluates increasing amounts of wind and solar resources within the MISO grid and the broader bulk electric system. RIIA represents the culmination of more than four years of analysis as well as significant […]

LUMBERTON, N.C. (February 9, 2021) — Active Energy Group plc (AEG)  announced it has secured new funding in the amount of $10 million while also converting all existing debt to equity. The new funding and clean balance sheet will allow the company to accelerate development of its revolutionary CoalSwitch production facility in Lumberton, North Carolina. CoalSwitch is […]