Wind
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Solar
Evolving Extreme Weather Risks Posing Unprecedented Insurance Woes for Renewables
Unexpectedly steep financial losses suffered by the U.S. renewables market owing to a barrage of extreme weather events over the past summer suggest that project hardening strategies aren’t going far enough, a major renewables insurer is warning. GCube, an international insurer for wind, solar, wave, hydro, and tidal projects around the world in an update […]
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Press Releases
Clearway Energy Group Signs Long-Term Power Purchase Agreements with PacifiCorp for Two Wind Projects
SAN FRANCISCO, Oct. 11, 2022 – Clearway Energy Group (“Clearway”) announced a new set of long-term power purchase agreements (PPA) with PacifiCorp, a Berkshire Hathaway subsidiary. The PPAs will directly support the construction of two wind energy projects: the 280 MW Two Rivers Wind project, which is jointly developed and owned with BluEarth Renewables US […]
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Wind
GE Will Cut 20% of U.S. Onshore Wind Workforce
General Electric (GE) has notified staff that it plans to lay off about 20% of the workforce in its U.S. onshore wind business. A report from NASDAQ this week said the cuts are part of a plan to restructure and resize the onshore wind division, as the group “is grappling with weak demand and rising […]
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News
Balancing the Scales: Disparities in Decommissioning Practices for Renewable and Non-Renewable Energy
There have been historic initiatives within the U.S. to create a sustainable energy economy and to address major environmental concerns created by fossil fuels. The Inflation Reduction Act contains $369 billion in climate and energy provisions, which will have a meaningful impact on climate change. Meanwhile, the Bipartisan Infrastructure Law seeks to remedy environmental issues […]
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History
The Big Picture: Power Plant Additions Over the Decades [Infographic]
The deployment of new power plants in the U.S. over the past 14 decades has hinged on policies, markets, technologies, and new industry players. Every decade has presented its own state of multidimensional, multivariate complexity. The ongoing “energy transition,” which has been characterized by the addition of smaller, carbon-free resources, marks another pivotal period in […]
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Trends
POWER Digest (October 2022)
Saft Installs Batteries on Italian Islands. Saft, a subsidiary of TotalEnergies, has installed seven maintenance-free Flex’ion lithium-ion battery systems supporting a microgrid with solar plants on the
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Solar
Australia Taking ‘Renewable’ Approach to Decommissioning Coal Plants
Australia stands at a crossroads when it comes to its energy strategy. On the one hand, the country has moved to embrace clean energy in the past few years, with renewables growing to 29% of total generation
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History
History of Power: The Evolution of the Electric Generation Industry
POWER magazine was launched in 1882, just as the world was beginning to grasp the implications of a new, versatile form of energy: electricity. During its 135-year history, the magazine’s pages have
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Wind
Siemens Gamesa Will Cut Nearly 3,000 Jobs
Renewable energy giant Siemens Gamesa announced it will cut nearly 3,000 jobs as the company tries to turn around its financial fortunes. The group in a statement on Sept. 29 said, “In order to realize the company’s projections for growth, Siemens Gamesa is working to strengthen specific areas within key leading markets to capitalize on […]
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Press Releases
GE APPOINTS ONYX INSIGHT AS SOLE PROVIDER OF CONDITION MONITORING FOR ONSHORE WIND TURBINES
UK (Sept. 26, 2022) — GE Renewable Energy, a subsidiary of General Electric and leading wind turbine original equipment manufacturer (OEM), has selected independent data analytics and engineering experts, ONYX Insight, as the sole provider of condition monitoring solutions for its onshore wind turbines. GE Renewable Energy plans to install ONYX Insight’s innovative drive train monitoring […]
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