Energy storage

Investment Fund Buys Spanish Solar Projects. NextEnergy Capital, an investment fund focused on renewable energy, in August said it had an agreement to buy 12 solar power projects in Spain. The installations in

An Arizona-headquartered company is investing millions of dollars in Indiana with construction of a series of solar power projects in the Hoosier state. Arevon Energy, a Scottsdale-based renewable energy developer, owner, and operator, on August 21 celebrated the groundbreaking for the 192-MW Ratts 1 Solar Project near Petersburg in Pike County. Arevon also recently began […]

Our power grid is becoming more distributed and more renewable than ever. Energy storage is a critical technology component to reducing our dependence on fossil fuels and building a low-carbon future. Without it, the shift to renewables will be impossible. Microgrids, net zero buildings, and local renewable energy resources are all enabled by energy storage. […]

BlueWave, a solar power developer and owner in the U.S. Northeast, announced five projects across Massachusetts that incorporate the company’s innovative dual-use solar design and operate under the Solar Massachusetts Renewable Target (SMART) Program. BlueWave said the installations announced August 22 are located in Palmer, Haverhill, Dighton, and Douglas. The sites have 19.8 MW of […]

A New York-based infrastructure investment fund said it has completed its purchase of a community solar and battery energy storage business in a deal to expand the U.S. community solar market. NOVA Infrastructure on August 16 said its acquisition of UGE International will forge a partnership “with UGE’s veteran management team with the goal of […]

Sage Geosystems will build a first-of-its-kind 3-MW geothermal baseload power and energy storage system on land owned by San Miguel Electric Cooperative (SMECI) in Christine, Texas. The company plans to begin operating the project later this year to supply the Electric Reliability Council of Texas (ERCOT) grid. The project will mark the first commercial-scale deployment […]

Over the last few years, the energy industry has moved down a path of massive change, disruption, and uncertainty. In the U.S., growth projections over the next 15 years include 2,000 GW of PV solar and wind, 1,100 GW of storage, all seemingly coming from nowhere, driving grid interconnection requests at the end of 2023 […]

To achieve net-zero goals and accelerate the global energy transition, the International Energy Agency (IEA) stated that countries need to triple renewable energy capacity from that of 2022 by 2030, with the development of solar photovoltaics (PV) playing a crucial role. Additionally, the comprehensive electrification of combustion engine vehicles is an indispensable measure for reducing […]

The urgency for an energy transition has never been more critical. Climate change, air pollution, resilience, and national security concerns make it clear that minor adjustments to our energy system are no longer sufficient. We must revolutionize the 150-year-old electrical grid, transforming it into a robust energy ecosystem capable of meeting today’s demands and the […]

Officials in India said that country’s energy transition plan will focus on developing small modular nuclear reactors (SMRs), pumped energy storage projects, and more efficient coal-fired power plants. Finance Minister Nirmala Sitharaman, presenting the government’s 2024-2025 budget, noted the latest financial allocations outline a shift in priorities for Prime Minister Narendra Modi. Sitharaman on July […]