Renewables

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 […]

JACKSONVILLE, Fla. (Feb. 9, 2021) ­– Crowley and Watco are partnering to create a single-source terminal and supply chain management solution to support the emerging offshore wind industry. With the growing number of wind projects planned for U.S. waters, the partnership brings together industry-leading project management and logistics experts who can provide a “one-stop-shop” for […]

SAINT AUGUSTINE, Fla., Feb. 9, 2021 – NTE Energy plans to develop more than 5 GW of clean energy projects in the next five years, the company announced today. NTE is currently working with investment partners to advance development of a clean energy project pipeline that includes 1.2 GW of solar and 3.9 GW of […]

Three GE business units will partner with Oak Ridge National Laboratory (ORNL) and the National Renewable Energy Lab (NREL) to develop and demonstrate an integrated additive manufacturing process for high-performance blade designs as part of a $6.7 million project funded by the Department of Energy’s (DOE’s) Advanced Manufacturing Office (AMO).  Under the AMO’s proposed “Additive […]

The South Korean government has announced a major part of the country’s effort to reduce reliance on fossil fuels. President Moon Jae-in on Feb. 5 attended a ceremony in which contracts were signed for a 48.5 trillion won ($43.2 billion) plan to build the world’s largest offshore wind farm by 2030, an installation that would […]

The Columbia Energy Center, a two-unit 1,100-MW coal-fired station located in Columbia County, Wisconsin, south of Portage, will be permanently retired by the end of 2024.    Alliant Energy, which co-owns the facility with Wisconsin Public Service Corp. (a subsidiary of WEC Energy Group) and Madison Gas and Electric Co., made the announcement on Feb. […]