Solar
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Renewables
POWER Digest (December 2024)
Egypt Reducing Renewable Energy Target. Karim Badawi, petroleum minister for Egypt, said the country has cut the amount of renewable energy it will likely have online by 2040. Badawi on Oct. 20, speaking at
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Renewables
Leaders Weigh in on Cuba’s Renewable Energy Transformation
In the presence of Cuba’s Vice Prime Minister Ramiro Valdés and the Minister of Energy and Mines Vicente de la O Levy, the results of a study focused on the control and supervision of investments in photovoltaic parks and the maintenance of thermal power plants were analyzed in the Industry, Construction, and Energy Commission of […]
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Legal & Regulatory
Trump’s Focus on Energy Will Have Variety of Impacts
President-elect Donald Trump’s transition team has made the U.S. energy industry a focus of its plans for his first days in office, with analysts and energy experts expecting a rollback of environmental regulations for coal- and natural gas-fired power plants. That may have some utilities rethinking their strategies about the scheduled closure of some fossil […]
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Solar
Market Report Says 2024 a Record-Breaking Year for Solar
The American Clean Power Association (ACP) on Nov. 25 announced the release of the inaugural Solar Market Monitor, a market analysis of the domestic utility-scale solar industry produced by S&P Global Commodity Insights. The new report includes projections of a record-breaking year for solar, with more than 32 GW of installations for 2024. The new […]
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Coal
Leading U.S. Coal Producer Developing Solar, Energy Storage at Former Mines
A leading U.S. coal producer is partnering with a major developer of renewable energy projects to put solar energy and battery storage installations on reclaimed mine lands in Illinois and Indiana. Peabody Energy, headquartered in St. Louis, Missouri, and RWE on Nov. 21 announced a collaboration that will “invest in the rural parts of the […]
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Solar
Ampion Expands Community Solar to Three More States
Ampion Renewable Energy announced it is expanding its community solar programs to Delaware, New Jersey, and Virginia, bringing the company’s portfolio under management to about 1.5 GW. Ampion notes that U.S. community solar installations are expected to exceed 14 GW in the next five years. The company is partnering with new developer and asset owner […]
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Gas
Entergy Louisiana Eyes 2.2 GW of New Gas-Fired Generation to Support Data Center Demand
A filing with the Louisiana Public Service Commission shows that Entergy plans to build more than 2 GW of natural gas-fired power generation in the state, including a 1,500-MW facility in northeast Louisiana that would provide power for a large Meta data center operation in an area off Interstate 20 in Holly Ridge (Figure 1). […]
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Power
WoodMac Analysis Says Trump Energy Agenda Will Face Roadblocks
An analysis from global data and analytics group Wood Mackenzie says Republican control of the White House and Congress means U.S. energy policy will move away from net-zero emissions targets, but there remains bipartisan support for the Inflation Reduction Act (IRA). The group also said competitive economics for renewable power resources mean the energy transition […]
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Renewables
Vattenfall Investing $5 Billion in Germany for Renewable Energy
Swedish energy giant Vattenfall plans to invest more than $5 billion in Germany to increase the company’s renewable energy portfolio in that country. Robert Zurawski, Vattenfall’s chief financial officer in Germany, said the group will build more wind and solar farms in Germany, along with EV charging stations, over the next few years. Zurawski on […]
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Solar
Solar Leader Enphase Energy Cutting 500 Jobs
California-based Enphase Energy, a company known for its solar power and electric vehicle (EV) charging technology, announced it is laying off about 500 workers. The company in a Nov. 8 filing with the U.S. Securities and Exchange Commission (SEC) said a challenging economy for the solar power industry requires reduced spending. The cuts come less […]