RENEWABLE POWER Direct
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News
California Regulators Reject PG&E Plan to Sell Generation Assets
California regulators have denied Pacific Gas & Electric’s (PG&E’s) plan to sell a multibillion-dollar stake in the utility’s power generation fleet to a New York-based investment firm. Oakland-based PG&E, which has been seeking to raise money for future operations and to help recover from financial losses due to a series of California wildfires, wanted regulatory […]
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Renewables
Report: Renewables Generating Nearly One-Third of Global Electricity
A UK- based global research group said continued growth in wind and solar power increased power generation from renewable energy to nearly a third of worldwide electricity output last year. Ember, a think tank headquartered in London, in its “Global Electricity Review 2024” released May 8 wrote that the numbers show a goal to triple […]
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Renewables
Siemens Gamesa Changes CEO, Announces Job Cuts as Part of New Focus
Siemens Energy announced an overhaul of its struggling wind power division on May 8, unveiling plans for a new CEO for its wind turbine business and also saying job cuts would be included in the plan. The news came on a day when the company raised its revenue outlook and also said it needed to […]
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Interview
The POWER Interview: The IRA’s Impact on Tax Credits, Tax Equity, and Renewable Energy
The Inflation Reduction Act (IRA) represents the largest incentive effort for clean energy in U.S. history. Its impact touches multiple sectors, including solar, wind, hydrogen, energy storage, and more. The IRA includes more than 70 investment, production, and excise credits designed to facilitate the transition to cleaner energy production. The legislation promotes advanced manufacturing, and […]
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Solar
Feds Release Final Rules on Clean Energy Tax Credits
Renewable energy project developers now have important clarification about the transferability of clean energy tax credits, as the U.S. Treasury Dept. and the Internal Revenue Service (IRS) released final rules on the issue on April 26. The Inflation Reduction Act (IRA) passed in 2022 created two new credit delivery mechanisms—so-called elective pay or direct pay, […]
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Electrification
From Mine to Line through End of Life, How Technology is Optimizing Battery Production
The battery industry is experiencing a seismic shift as demand for renewable energy solutions increases. With electric vehicle (EV) sales expected to double from 2023 to 2027, reaching 31.6 million units, and shortages of cobalt and lithium expected through 2027, according to S&P Global Commodity Insights, innovation is necessary. There is a growing demand for […]
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Legal & Regulatory
EPA Unleashes Four-Pronged Assault on Fossil Fuel Power Pollution
In an unprecedented move, the U.S. Environmental Protection Agency (EPA) on April 25 simultaneously finalized four major environmental rules covering greenhouse gases (GHG), air toxics, wastewater discharges, and coal combustion residuals from fossil fuel-fired power plants. Among the rules is the EPA’s final Carbon Pollution Standards, which marks the agency’s third attempt to broadly curb […]
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Waste to Energy
Technology Turning Food Waste into Renewable Energy
Food waste is an enormous environmental and economic crisis that demands urgent solutions. Each year, an astonishing 1.03 billion tons of food is wasted globally—enough to feed 1.26 billion hungry people. All that wasted food is responsible for a staggering 8% of total greenhouse gas emissions. As the world grapples with these mounting challenges of […]
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Electrification
Schneider Electric Releases All-In-One Battery Energy Storage System for Microgrids
Schneider Electric today announced a Battery Energy Storage System (BESS) designed and engineered to be a part of a flexible, scalable, and highly efficient architecture. BESS is the cornerstone for a fully integrated microgrid solution that is driven by Schneider Electric’s controls, optimization, and world-renowned digital and field services. Graybar, a leading distributor of electrical, […]
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Legal & Regulatory
Federal U.S. Power Sector Initiatives Went Full Throttle in April: Here’s the List
The Biden administration has unveiled several sweeping actions over the past month aimed at boosting clean energy deployment, enhancing manufacturing jobs, and reducing pollutant emissions across the power sector. The measures—many announced as part of a comprehensive Earth Week agenda on April 25—are notable for their strategic push in an election year, highlighting the administration’s […]