Power

An Arizona-headquartered company is investing millions of dollars in Indiana with construction of a series of solar power projects in the Hoosier state. Arevon Energy, a Scottsdale-based renewable energy developer, owner, and operator, on August 21 celebrated the groundbreaking for the 192-MW Ratts 1 Solar Project near Petersburg in Pike County. Arevon also recently began […]

Our power grid is becoming more distributed and more renewable than ever. Energy storage is a critical technology component to reducing our dependence on fossil fuels and building a low-carbon future. Without it, the shift to renewables will be impossible. Microgrids, net zero buildings, and local renewable energy resources are all enabled by energy storage. […]

Advocates for renewables in the U.S. see an abundant promise with solar power, which will push the country closer to achieving a greener economy. The U.S. is expected to add 62.8 GW of new utility-scale electric-generating capacity this year. The Biden-Harris administration in April 2024 announced $7 billion in federal grants for residential solar projects […]

SEIA’s Solar Market Insight Report for Q2 2024 showed that the U.S. solar market set an industry record by installing 11.8 GWdc in the first quarter. Despite this impressive growth in the market overall, the residential segment experienced its lowest quarter since Q1 2022, with installations totaling only 1.3 GWdc—a decline of 25% year-over-year and […]

Solar energy is one of the main ways to curb greenhouse gas emissions and take action against the impact of climate change. Solar power offers security that homeowners can continue to generate their own electricity and potentially store it, especially in areas prone to natural disasters and power outages. There’s been a surge in adoption […]

State-run China Energy News reported that officials on August 19 approved construction of 11 nuclear reactors across the country, part of a wave of new reactors that could see China surpass both the U.S. and France in terms of operating reactors by the end of the decade. CGN Power Co., a subsidiary of China’s state-owned […]

A floating wind turbine platform developed by Mingyang Group is now sited at a Chinese offshore wind farm. OceanX, at present the world’s largest single capacity technology of its type, is supporting the 505-MW Yangjiang Mingyang Quingzhou IV project near Guangdong, China. Mingyang on August 19 announced the platform had completed its 191-nautical-mile trip from […]

A major China-based wind turbine manufacturer confirmed it has an agreement with a Brazilian energy company to install its equipment for the first time in Latin America. Mingyang, the largest private wind turbine maker in China, on August 16 said it has “joined forces” with Brazil’s Companhia Paranaense de Energia, a utility better known as […]

This week marks the second anniversary of the Inflation Reduction Act (IRA), a critical milestone for the section 45Q tax credit, the foundational policy for the deployment of carbon management technologies, which was further enhanced in the IRA. The 45Q tax credit provides a credit on a per-ton basis for carbon that is captured from […]

A New York-based infrastructure investment fund said it has completed its purchase of a community solar and battery energy storage business in a deal to expand the U.S. community solar market. NOVA Infrastructure on August 16 said its acquisition of UGE International will forge a partnership “with UGE’s veteran management team with the goal of […]