RENEWABLE POWER Direct
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Commentary
Rooftop Solar Important Piece of Fight Against Climate Change
The U.S. is facing energy and climate challenges on multiple fronts. Rising energy costs, extreme weather events, and a transition away from fossil fuels have placed increasing pressure on governments and consumers. Residential solar is a compelling, multi-purpose solution that continues to experience rapid adoption among Americans. Six GW of home solar was installed in 2022, and […]
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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 […]
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Sustainability
Shining Light on Life Cycle Analysis for Renewable Energy Systems
Life cycle analysis or assessments (LCAs) are a quintessential tool for power and utility industry professionals and tradespeople. They determine the environmental and financial value of new technologies. Consumer products get the most attention, but LCAs for renewable energy systems (Figure 1) should be discussed more. It is time to synthesize known information to create […]
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Hydro
Major Hydropower Project Moves Forward in Angola
Work continues on what would be the largest hydropower project in Angola, a $5.2 billion run-of-river power station that Angolan officials have said could come online as early as 2026. Technology group Voith on Dec. 19 said it is supplying all the electrical and mechanical equipment for the Caculo Cabaca facility, located in the midstream […]
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Solar
Construction Underway on Kentucky’s Largest Solar Farm
Construction of what would be the largest solar array in Kentucky is underway. National Grid Renewables on Dec. 14 said the company’s 160-MW Unbridled project, located in Webster and Henderson counties about 40 miles south of Evansville, Indiana, and 160 miles southwest of Louisville, is expected to enter commercial operation next year. Unbridled is National […]
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Interview
The POWER Interview: Innovation, Data-Driven Solar Solutions Key to Grid Stability
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 […]
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Solar
How Renewable Energy Companies Can Address Increasing Foreign Exchange Challenges
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 […]
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Solar
Community Solar Drives Energy Transition in Longtime Fossil-Fuel Region
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 […]
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Trends
COP28 Concludes with Landmark Decision to Shift Away from Fossil Fuels
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 […]
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Wind
GE Vernova, Forestalia Reach Deal for Wind Farms in Spain
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 […]
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Energy Storage
Bill Gates-Backed Group Supporting New Energy Storage Technology
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 […]
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Energy Storage
Advanced Energy Storage: Linchpin for a Renewable Energy Future
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 […]
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Solar
Report: U.S. Adds 33 GW of New Solar Capacity in 2023
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 […]
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Solar
The POWER Interview: Tech-Enabled Financing Supports Solar Sector
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 […]
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Renewables
Deloitte Report Highlights Growth in Renewables, Challenges for 2024
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., […]
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Coal
Tri-State Closing Arizona, Colorado Coal Plants Early, Investing in More Renewables
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 […]
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Power
The POWER Interview: New Solar Technology Increasing Efficiency, Power Density
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 […]
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Geothermal
Innovative Enhanced Geothermal System Begins Operations in Nevada
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 […]
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Legal & Regulatory
Wind Project Approvals, Tax Credits Look to Outpace Macroeconomic and Supply Chain Headwinds in 2024
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 […]
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Solar
Amazon Expands Renewable Portfolio With Solar Farm at Reclaimed Coal Mine
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, […]
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Solar
Developing the Solar Power Workforce for the Gigawatt Era
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 […]
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Solar
Major Renewable Energy Projects Announced Across Western U.S.
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 […]
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Offshore Wind
Vestas Will Supply 15-MW Turbines for South Korean Offshore Wind Project
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 […]
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Commentary
Current Trends in Climate Change Technology Investment
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, […]
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Hydro
Twin-Row Hydropower Unit Begins Operation in China
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
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Wind
UAE Launches 104-MW Wind Project Despite Low Winds
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
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Legal & Regulatory
Three Key Transmission Links Get $1.3B Boost With Federal Capacity Contracts
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 […]
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Electrification
POWER Notebook: Deriva Energy Launches; Arizona Gets New Battery Factory; Mini-Grids For Africa, Asia
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 […]
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Power
New York Announces 6.4 GW of Renewable Energy Projects
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 […]
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Gas
U.S. Power Heavyweights Unveil Hydrogen Power-to-Power Demonstration
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 […]