RENEWABLE POWER Direct

Growth in the solar power sector is being driven not only by ever-larger utility-scale farms, but also by growth in distributed generation. This smaller-scale use of solar energy is being supported as more homeowners and commercial and industrial (C&I) businesses install solar panels on rooftops, carports, parking garages and more. Distributed solar power generation is […]

Following a difficult period for the renewable energy industry, firms must begin prioritising foreign exchange (FX) risk management against the rising threat of currency movements. It has been a tough year for the renewable energy industry. The post-COVID inflationary pressures that have gripped the global economy over the last two years are weighing heavily on […]

The energy transition is an increasingly important trend, not just for power generation but also for communities across the U.S. As regions that have been dependent on hydrocarbons begin to shift production to renewable resources, they not only lower global carbon emissions, but also reap new economic opportunities from income-producing renewable energy. The Energy Community […]

Negotiators from nearly every country in the world closed COP28 with a decision that—for the first time—formally recognizes the necessity of moving away from fossil fuels to achieve Paris Agreement targets. The decision, adopted on the last day of the two-week 28th Conference of the Parties (COP 28) to the UN Framework Convention on Climate […]

GE Vernova said the company’s turbines will play a major role in supporting renewable energy in Spain through a collaboration with Forestalia, one of that country’s leading clean energy developers. The companies on Dec. 14 said they had a framework agreement in which GE Vernova will install as much as 693 MW of onshore wind […]

A Massachusetts-based group developing an energy storage system to support renewable energy resources is moving forward with plans for a prototype facility outside Boston. Fourth Power on Dec. 12 said it received $19 million in funding to help scale its technology, which the company said is more cost-effective than lithium-ion (li-ion) batteries and will provide […]

In an era defined by environmental consciousness and a pressing need to reduce our carbon emissions, renewable energy has emerged as the shining beacon of hope for a sustainable future. As we stand at the crossroads of rapid climate change and continued fossil fuel extraction, the transition to renewable energy sources is no longer a […]

A new report from the Solar Energy Industries Association (SEIA) and the Wood Mackenzie research group said the U.S. solar sector is expected to add a record 33 GW of new generation capacity in 2023, a 55% increase from 2022. The groups said that even with growth expected to slow over the next year due […]

More and more businesses are looking to use renewable energy as they set decarbonization goals, with public companies often pushed by shareholders to adopt environmental, social, and governance (ESG) initiatives. The same is true of private enterprise, as business owners look to take advantage of tax credits, rebates, and more to pursue cleaner sources of […]

Investments in renewable energy resources across the U.S. continue to grow, supported by increased federal funding, legislation that improves project economics, and growing demand for cleaner energy. Deloitte, which provides insights and solutions for several industries including the energy sector, on Dec. 5 released its industry outlook for 2024 for renewable energy in the U.S., […]

Colorado-based cooperative Tri-State Generation and Transmission Association will accelerate the closure of a coal-fired unit in the northwestern part of the state, and also announced a retirement date for an Arizona coal plant, as part of the utility’s latest electric resource plan (ERP). Tri-State on Dec. 1 also said it wants to acquire at least […]

The use of distributed solar photovoltaic (PV) systems is growing as more homeowners and businesses take control of their energy needs and look for ways to make their electricity supply more reliable and cost-effective. These systems, typically sited on rooftops of residential and/or commercial and industrial buildings, parking garages, or other buildings, are benefiting from […]

A pioneering 3.5-MW enhanced geothermal system (EGS) in northern Nevada that demonstrated the ability to drill, complete, and operate horizontal wells is now operational. Project Red, co-developed by Fervo Energy and Google under a partnership forged in 2021 under the “world’s first corporate agreement to develop an enhanced geothermal power project,” is supplying power to […]

Recent events in the wind power industry, all occurring on a single day, provide a snapshot of the sector’s challenges and opportunities heading into 2024. Ørsted, the world’s largest developer of offshore wind, on Oct. 31 announced the cancellation of Ocean Wind 1 and 2, two 1,000-MW-plus projects off the coast of New Jersey. In […]

Amazon has announced two utility-scale renewable energy projects in Maryland, with the company saying it now has invested in nearly 80 new wind and solar power installations this year. Among the new projects is a solar farm being built at the site of coal mine that operated for more than a century. That 170-MW project, […]

The solar energy industry in the U.S. is at a critical juncture. With the ambitious target set by the Solar Energy Industries Association (SEIA) to have solar produce 30% of the country’s energy by 2030, a monumental effort is required. We must add 48 GW of solar capacity each year to meet this goal. Achieving […]

U.S. Interior Secretary Deb Haaland said the agency’s Bureau of Land Management (BLM) is developing 15 new renewable energy installations across the western U.S., including some that recently have begun commercial operation. Haaland provided an update on the projects Nov. 6 as she addressed the Western Governors Association Winter Meeting in Jackson Hole, Wyoming. Haaland […]

Vestas will supply 33 of the company’s wind turbines for a major floating offshore wind project in South Korea. The Ulsan Gray Whale 3 installation, which was announced in March of this year with few details, is part of a 1.5-GW floating wind development being built in three phases in an area about 37 miles […]

As the world grapples with fast-changing weather patterns, wildfires, record-breaking heat, and many other climate-related issues, it is becoming increasingly important to develop the technologies that will help to combat climate change. There is a race to develop new technologies that can capture, remove, and store carbon, create renewable energy, improve energy management and efficiency, […]

The Lijiaxia Hydropower Station No. 5, one of the world’s biggest hydropower plants in a dual-row turbine layout, completed its 72-hour trial run and became officially operational on Oct. 10. Completion of

A landmark utility-scale wind project is now operational in the United Arab Emirates (UAE), despite previous concerns that large-scale wind energy is not viable owing to the region’s low wind speeds. Abu

Three interregional transmission lines connecting six U.S. states will receive the first $1.3 billion tranche of $2.5 billion in federal funding designated under the Transmission Facilitation Program (TFP), a revolving fund enacted by the 2021 Bipartisan Infrastructure Act. The U.S. Department of Energy (DOE) Grid Deployment Office’s (GDO’s) first picks under the TFP, unveiled on […]

Brookfield Asset Management announced the launch of Deriva Energy, the new name for Duke Energy’s former unregulated commercial renewables business that Brookfield acquired earlier this year. Deriva, which considers itself a leading operator and developer of clean power projects in the U.S., is headquartered in Charlotte, North Carolina. Brookfield on Oct. 25 said it had […]

New York officials said the state will invest in several new renewable energy projects, both offshore and onshore, that will add 6.4 GW of clean energy generation capacity to the state’s power grid. Gov. Kathy Hochul on Oct. 24 said the projects will deliver about 12% of New York’s electricity supply once all the installations […]

Duke Energy, GE Vernova, and Sargent and Lundy will team up on a pioneering project to demonstrate an end-to-end energy system that produces, stores, and combusts 100% renewable hydrogen at Duke Energy’s DeBary solar plant in Florida. Duke Energy on Oct. 27 said construction on the project, a “one-of-a-kind end-to-end” system, will begin later this […]

Italian power and gas giant Enel Group has agreed to sell its entire geothermal power portfolio in the U.S., along with several small solar plants, to Ormat Technologies for $271 million. The multinational’s 2008-founded renewables subsidiary, Enel Green Power, on Oct. 23 said it reached an agreement with Reno, Nevada–headquartered Ormat for the sale of […]

The much-watched Advanced Clean Energy Storage Hub (ACES Delta)—a project shaping up to be the largest renewable hydrogen energy hub in the U.S.—has received its first shipment of large-scale hydrogen electrolyzers and gas separators.  The shipment, unveiled on Oct. 25, marks the first equipment delivery for the Delta, Utah, project’s integrated Hydaptive package. Hydaptive is […]

A California-headquartered energy company announced the start of commercial operation of one of the nation’s largest solar-plus-storage hybrid power plants. Officials with Clearway Energy Group, along with California Gov. Gavin Newsom, on Oct. 18 said the Daggett Solar + Storage project in San Bernardino County is now online. The installation features 482 MW of solar […]

Fifty-eight projects spearheaded by major U.S. power stakeholders will receive up to $3.5 billion in federal funding to improve grid flexibility and boost power system resiliency against extreme weather and climate change, the Biden administration announced on Oct. 18. The projects mark the  Department of Energy’s (DOE’s) first competitive selections under the Grid Resilience and […]

Renewables are far from the primary power source in the U.S. No longer is the cost of renewable energy, particularly onshore wind and solar, the most substantial hurdle to the energy transition. New obstacles loom large. Predominant among these is connecting the infrastructure dots between new alternative sources and the current grid, all while maintaining […]