Wind
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Wind
Siemens Gamesa Posts Nearly $1 Billion Quarterly Loss
Siemens Gamesa chief executive Jochen Eickholt acknowledged equipment failures in both the company’s onshore and offshore wind turbines, leading to higher warranty provisions, contributed to a nearly $1 billion net loss for the company in the last three months of 2022. Eickholt on Feb. 2 said the company’s October to December—the group’s fiscal first quarter—loss […]
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Coal
POWER Digest [February 2023]
Geothermal Plant Planned in Colombia. Colombian petroleum company Ecopetrol in December announced plans to build a 250-kW geothermal power plant in the Apiay oil complex in Meta, Colombia. The power plant will
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Press Releases
Peninsula Clean Energy Signs Four Contracts Expanding Renewable Power, Storage Capability
REDWOOD CITY, CA – Jan. 24, 2023 – Peninsula Clean Energy is moving forward with energy storage, geothermal, wind and small hydropower projects that will assist the agency’s industry leading effort to provide customers with renewable power on an hourly basis. Nova III will be Peninsula Clean Energy’s first stand-alone storage project and will provide […]
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Coal
Group Says China Will Add 70 GW of Coal- and Gas-Fired Generation in 2023
A lobbying group for China’s power generation sector said the country will add about 70 GW of fossil fuel-powered capacity this year, even as renewable energy is set to provide more than half of China’s electricity production in 2023. The China Electricity Council in a report published Jan. 19 said the 70 GW of new […]
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Press Releases
Duke Energy begins operating 207-MW Ledyard Windpower, its first wind project in Iowa
Verizon Communications has entered into a 180-megawatt virtual power purchase agreement Company awards $60,000 grant to support the Ledyard Fire Department CHARLOTTE, N.C. – Duke Energy Sustainable Solutions (DESS), a nonregulated commercial brand of Duke Energy (NYSE: DUK), today announced it has placed into commercial operation the 207-megawatt (MW) Ledyard Windpower project in Kossuth County, […]
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Trends
Grid Infrastructure and Renewable Energy Projects Thrive, Workforce and Supply Chain Issues Continue in 2023
The Inflation Reduction Act will spur growth in clean energy and upgrades to grid infrastructure, but workforce shortages and supply chain constraints are likely to challenge power companies for at least the
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Trends
10 Near-Term Global Power Sector Trends
While 2021 provided its own share of extraordinary energy debacles, Russia’s invasion of Ukraine in early 2022 cascaded into full-blown energy turmoil. This year will begin with the world “in the midst of
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Legal & Regulatory
Identifying State-Focused Renewable Energy Tax Exemptions
President Joe Biden last year signed the Inflation Reduction Act (IRA) that, in addition to a number of other actions, extended and enhanced a number of green energy tax opportunities. Notably, it extended the
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Hybrid Power
China Breaks Ground on Massive 16-GW Solar, Wind, Coal Project
A massive, multibillion-dollar renewable and fossil-fuel energy project is underway in China. The installation, being built by China Three Gorges (CTG), includes wind, solar, energy storage and coal-fired power generation. Ground was broken for the first pilot of the Kubuqi Base project in Dalate Banner, Ordos, Inner Mongolia on Dec. 28, 2022, according to Chinese […]
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Legal & Regulatory
Biden Administration Rolls Out ‘Durable’ WOTUS Definition in Final Rule
The Biden administration has rolled out in a final what it says is a “durable” definition of “waters of the U.S.” (WOTUS), potentially capping a legal and political battle that has raged for nearly two decades. The final rule issued by the U.S. Environmental Protection Agency (EPA) and the U.S. Department of the Army on […]
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