RENEWABLE POWER Direct
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Solar
Renewable Energy Group Buys 12 New York Community Solar Projects
BW Solar, a Canada-based a developer of community solar, distributed generation, utility solar, and utility-scale storage assets, said it has sold 12 New York community solar projects with a combined capacity of 76.7 MW to Catalyze, a clean energy transition company that finances, builds, owns and operates solar and battery storage systems. The groups on […]
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Distributed Generation
How to Provide Reliable and Resilient Electricity Amid Today’s Changing Climate
The United Nations has gone on record to spotlight the negative effects of climate change that have affected the world in recent years. The group stated, “destructive storms have become more intense and more frequent in many regions … while the frequency and extent of tropical storms has led to destroyed homes and communities, causing […]
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Renewables
Global Utility Alliance Calls for Tripling Renewable Energy Capacity
A group that represents utility companies worldwide said its members want to nearly triple their renewable energy generation capacity by 2030. The Utilities for Net Zero Alliance (UNEZA), which was formed at last year’s COP28 climate summit in Dubai in the United Arab Emirates (UAE), said the group collectively wants to increase its green energy […]
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Hybrid Power
Trina Storage, Pacific Green Sign Energy Storage Deal at UAE Summit
An energy storage division of a global solar power provider announced it has signed a letter of intent to supply equipment for several energy parks being developed by a UK-based renewable energy company. Trina Storage, part of China-headquartered Trina Solar, on April 19 said it would partner with London-based Pacific Green on several projects, and […]
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Energy Storage
Offtake Agreement Announced for 1,000-MWh Storage Project in California
Arevon Energy, a Scottsdale, Arizona-based renewable energy developer, owner, and operator, announced it has signed a long-term tolling agreement with electricity provider MCE for 188 MW of the Cormorant Energy Storage Project in Daly City, California. Cormorant Energy Storage is a 250-MW/1,000-MWh standalone battery energy storage system that will be built in two phases. The […]
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Hydro
OPG Embarks on Major Refurbishment of Niagara Falls Hydropower Stations
Ontario Power Generation (OPG) will partner with GE Vernova to complete a 15-year project to refurbish the iconic 1.7-GW Sir Adam Beck I and II hydroelectric complex near Niagara Falls. The C$1 billion ($724 million) project unveiled on April 16 will comprise the first phase of OPG’s larger plans to overhaul all five of its […]
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Legal & Regulatory
FERC Proposal Would Cut Reactive Power Compensation, a Potential Hit to Independent Power Producer’s Revenue Mix
In a time where capacity revenues are pricing lower and many generation owners find that their facilities are not being dispatched for energy on a consistent basis, reliable revenue streams are increasingly important. In addition to selling energy and capacity, many generation facilities collect fixed, monthly payments for the provision of “reactive power,” which are […]
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Wind
Group Says Record 117 GW of New Wind Power Generation Installed in 2023
A report from a leading wind power trade association said a record 117 GW of new wind energy generation capacity was installed worldwide last year, a 50% increase from the prior year. The “Global Wind Report 2024,” published April 16 by the Global Wind Energy Council (GWEC), said “the world is moving in the right […]
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Renewables
Japan Energy Giant Launches UK-Headquartered Renewable Energy Group
The largest electric power company in Japan announced the spinoff of a new global renewable energy business, and said the venture would be headquartered in London in the UK. JERA, founded in 2015 as a 50-50 joint venture between TEPCO Fuel & Power, a wholly owned subsidiary of Tokyo Electric Power Co., and Chubu Electric […]
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Legal & Regulatory
Navigating Change: Impact of California’s Advanced Clean Fleets Regulation on Businesses
The California Advanced Clean Fleets (ACF) regulation, which began being implemented on Jan. 1, 2024, is designed to complement the Advanced Clean Trucks (ACT) rule, which mandates a significant increase in the number of medium- and heavy-duty zero-emission vehicles (ZEVs) on California roads. There’s much to understand about the regulation and how it will impact […]