Wind
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Wind
GE Vernova Will Supply Wind Turbines for Three Australia Projects
GE Vernova has entered into a wind turbine supply deal with an Australian company, a move that includes construction of onshore projects in New South Wales. GE Vernova on Jan. 29 confirmed it has signed a strategic framework agreement with Squadron Energy for about 1.5 GW of new onshore wind generation, what the companies on […]
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Solar
Brazil Oil Major Buying Renewable Energy Assets
Renewable energy in Brazil will get a boost after the chief executive of Petrobras, the country’s state-run oil giant, said the company will begin buying solar power and onshore wind projects in an effort to build a clean energy portfolio. Jean Paul Prates, in an interview with the Reuters news service published Jan. 22, said […]
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Sustainability
PGE Leans into an All-of-the-Above Strategy to Decarbonize Its Power System
Climate change has led many states and countries to set targets for reducing greenhouse gas (GHG) emissions from power systems. Oregon, for example, has set targets for all power sold to retail customers in the state to have GHG emissions cut by 80% by 2030, 90% by 2035, and 100% by 2040. It’s a challenging […]
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Solar
AES Announces Addition of 3.5 GW of Renewables
Virginia-based AES Corp. said the company added 3.5 GW of new renewable energy generation capacity to its global portfolio in 2023, an amount nearly double that built in the previous year. The projects, including solar power, wind power, and energy storage, were built in several locations worldwide, including the U.S., and will serve a variety […]
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Commentary
Artificial Intelligence Will Help Power America’s Clean Electricity Grids
Most countries will not meet zero-goals by 2050 based on current trajectories. It’s an unfortunate situation that needs to be taken seriously. While there are many factors delaying decarbonization efforts, the lack of clean energy-powered electric grids is perhaps the most significant barrier for nations. The United States is not exempt—despite the recent influx of […]
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Solar
Iberdrola Terminates $8 Billion Deal to Acquire New Mexico Utility
Avangrid, the U.S.-based unit of Spanish energy giant Iberdrola, said it has terminated its planned acquisition of New Mexico utility PNM Resources after failing to receive final approval for the $8.3 billion deal from state regulators. Avangrid officials in a statement on Jan. 2 said the group needed to receive approval for the deal from […]
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Trends
Carbon-Free Energy Is the Name of the Game: Renewables, Nuclear Poised for Growth
Solar, wind, and nuclear power, as well as battery storage systems, are the obvious winners as the world aims to decarbonize energy systems. It shouldn’t be a surprise to anyone who has been following trends
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News and Notes
POWER Digest [January 2024]
Azerbaijan’s First Utility-Scale Solar Project Online. Officials in Azerbaijan in November announced the country’s first and largest utility-scale solar photovoltaic power plant is now operating. The
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Solar
India’s Adani Group Announces $1 Billion Investment in Renewable Energy
India’s Adani Group announced more development of renewable energy, with the company on Dec. 27 saying its Adani Green Energy arm has received $300 million for the transfer of a 1,050-MW clean energy portfolio as part of a joint venture (JV) with France’s TotalEnergies. The announcement Wednesday came one day after Adani, led by billionaire […]
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Trends
Seven European Countries Set Ambitious But ‘Necessary’ Target to Decarbonize Power System by 2035
The seven European countries that make up the Pentalateral Energy Forum—Austria, Belgium, France, Germany, Luxembourg, the Netherlands, and Switzerland—will strive for the decarbonization of their interconnected electricity system by 2035. The countries, which form the Pentalateral Energy Forum—a 2005-convened voluntary framework for regional energy cooperation—in a joint statement on Dec. 18 formally concluded, “timely decarbonization […]