Renewable energy

SEATTLE, Wash. (April 20, 2022) — Amazon today announced 37 new renewable energy projects around the world, marking significant progress on its path to power 100% of its operations with renewable energy by 2025—five years ahead of the original target of 2030. The new projects increase the capacity of Amazon’s renewable energy portfolio by nearly […]

The candidate leading in the polls just weeks ahead of the May 9 presidential election in the Philippines has vowed to make nuclear power part of the country’s energy mix if he is elected, saying it is the best technology to tackle the country’s high electricity prices. Other candidates, while noting the importance of nuclear […]

A group considered the world’s largest asset manager has joined with a United Arab Emirates (UAE) wealth management fund to support an investment in renewable energy development in India. A consortium led by New York-based BlackRock, along with UAE sovereign wealth fund Mubadala Investment Co., on April 14 said it would pay $525 million for […]

The leader of General Electric’s (GE’s) global energy business said the company expects its power and renewable energy units should be profitable in 2023, and experience even more success in 2024, after it weathers market headwinds that present challenges this year. Scott Strazik, speaking at the company’s March 10 investor day event, said GE is […]

Under current law, there are significant tax benefits for renewable energy projects in the United States. These benefits include nonrefundable ITC and PTC tax credits and depreciation deductions.  From the perspective of a renewable energy developer, however, such tax benefits may be difficult to use effectively.  Currently, ITC and PTC tax credits are nonrefundable, meaning that […]

The venerable business of commodity trading, already in the news for the supply chain impacts of COVID, has moved to center stage with the war in Ukraine. Impacts of Russia’s invasion could ripple to manufacturing of all kinds, especially the clean energy transition we need to meet climate goals. COMMENTARY Within the first week of […]

Notwithstanding the ongoing impacts of COVID-19, in 2021 the deployment of solar, solar + storage, stand-alone storage, wind, and other renewable energy technologies continued to rapidly expand across the U.S

Oman Adds Major Solar Project. A consortium consisting of Saudi Arabia-based ACWA Power, Kuwait-based Gulf Investment Corp., and Kuwait’s Alternative Energy Projects Co. in January inaugurated Ibri 2, the

The mining of cryptocurrency, or bitcoin, is an energy-intensive process, and entrepreneurs are looking at several technologies—including innovative geothermal energy techniques—to power their operations. Among the latest is a service from a California-based renewable energy group, RenewaBit, which has joined with CeraPhi Energy, a Houston, Texas-based company, to produce geothermal energy with integrated crypto mining […]

Many experts believe hydrogen holds great promise as a clean energy resource that can help nations achieve carbon-free goals. Green hydrogen, which is made from water through electrolysis powered by renewable energy, could be used to decarbonize a wide range of hard-to-abate industries, including petrochemical, cement, and steel, which often require high temperatures and combustion […]

Africa has approximately 600 million people without access to clean, reliable, and affordable electric power (80% of the global total). On the flip side, the continent has some of the fastest growing economies in the world. Countries like Egypt and Ethiopia have recorded more than 6% annual growth in gross domestic product (GDP) with the […]

In the race to generate and distribute renewable energy, developers must clear numerous regulatory hurdles. For many projects, this may include obtaining a voluntary “incidental take” permit under the Bald and Golden Eagle Protection Act (BGEPA). The BGEPA incidental take permitting program has frustrated both developers and operators due to, among other things, uncertainty of […]

SAN DIEGO, California (February 8, 2022) – RenewaBit, Inc. and Houston Based CeraPhi Energy, LLC announced today their GreenFlash service that retrofits oil and gas wells to produce 100% clean geothermal energy with integrated crypto mining offtake that seamlessly commercializes produced energy at ultra-high yield prices. The GreenFlash service solves the key financial and environmental […]

FEB. 2, 2022 — Siemens Gamesa Renewable Energy has appointed Jochen Eickholt, a member of the executiveboard at Siemens Energy as its Chief Executive Officer. Eickholt will take the reins at Siemens Gamesa on March 1, replacing Andreas Nauen. “Siemens Gamesa is experiencing significant challenges in its Onshore business in a very difficult market and […]

The continuing transition in the power generation sector means workers need new skills. The challenge for utilities and other power producers is finding the top talent at a time the labor pool is shallow

There are a lot of changes taking place in the world’s energy supplies. We seem to read announcements almost every day about coal plant retirements, and solar and wind farm installations. Yet, when you look

NEW YORK, Jan. 20, 2022 — Verizon continues to be a leading corporate buyer of U.S. renewable energy, announcing seven new Renewable Energy Purchase Agreements (REPAs) for an aggregate of approximately 910 megawatts (MW) of projected renewable energy capacity. These agreements position the company to achieve its goal to source or generate renewable energy equivalent to […]

While some sectors of the power industry are struggling to stay relevant, there are many more segments that are thriving. As new technologies are developed and perfected, there is more reason than ever for

Solar power paired with energy storage is expected to lead capacity additions in the U.S. power generation sector over the next two years, according to the latest Electric Monthly Update from the U.S. Energy Information Administration (EIA). The EIA in its December report, which includes data through October 2021, said it projects the U.S. will […]

If you’ve paid attention to the cleantech news cycle this year, you know it’s been a roller-coaster ride. I’ve been in the cleantech/energy transition sector for 20 years and wrote the first history on the term cleantech 15 years ago. I’ve seen the many ups and downs surrounding the industry. Today’s current playing field is […]

HOUSTON and ANNAPOLIS, Md., Dec. 20, 2021 — ENGIE North America Inc. (“ENGIE”), a leader in developing and managing renewable energy projects, and Hannon Armstrong Sustainable Infrastructure Capital, Inc. (“Hannon Armstrong”) (NYSE: HASI), a leading investor in climate solutions, today announced operational completion of their 2.3-gigawatt (GW) portfolio of wind and utility-scale solar projects. ENGIE […]

2021 was a boom year for solar as a record number of new projects were registered with ANEEL, Brazil’s electricity industry regulator. Now, new distributed generation legislation is in the offing, and, when ratified, it will introduce gradual charges for use of transmission networks through distribution system use tariffs (TUSD). The legislation proposes a 10-year […]

GE Digital has announced a partnership with UK Power Networks (UKPN) for the launch of a smart substation project designed to support renewable energy power generation across the United Kingdom. The agreement announced Dec. 9 involves the installation of powerful computers in a series of substations. The project, known as Constellation, will leverage advances in […]

DEC. 8, 2021 — Energy software provider, Smarter Grid Solutions, in partnership with AVANGRID, a leading sustainable energy company, have delivered a ground-breaking US grid integration project that has the potential to more than double wind and solar generation connections by using innovative new software that maximises grid capacity. The Flexible Interconnect Capacity Solution (FICS) […]

On the U.S. Department of Commerce’s (DOC’s) Renewable Energy and Energy Efficiency Advisory Committee (REEEAC), the silo between industry and regulators is breaking down. The committee, which is populated

Energy major BP plans to build a large-scale green hydrogen production plant in northeast England, a facility that would use renewable energy resources to produce as much as 60 MWe of fuel by 2025. The group’s Nov. 29 announcement of its HyGreen Teesside project comes eight months after BP said it would build Britain’s largest […]

Fusion occurs when two atoms slam together to form a heavier atom, such as when two hydrogen atoms fuse to form one helium atom. A tremendous amount of energy is released in the process. This is the same process that powers the sun. In the sun’s core, where temperatures reach 15,000,000C, hydrogen atoms are in […]

Azelio wins an order for 8 units with 1.3 MWh clean electricity supply of its long duration energy storage, TES.POD®, from South African-based farming company Wee Bee Ltd. The order has a value of approximately 1.2 million US dollars over 15 years including expected price increases. Azelio’s TES.POD® system in combination with solar PV will […]

DARTMOUTH, Canada (Nov. 15, 2021) – Moog Focal, an internationally recognized ocean technology company based in Dartmouth, Nova Scotia, Canada, is undertaking further expansion into the renewable energy sector. As a result, the company is hiring to fill different roles that will support their expected growth in renewable energy and other business areas. Moog is […]

Just as Jerry Brown did before him, California Gov. Gavin Newsom had plans to travel overseas to talk about fighting global warming. And like Brown’s venture before him, the trip would have been a waste. COMMENTARY Four years ago, Brown, in his next-to-last year as governor, made a trip to Hamburg, Germany. There he addressed […]