Renewable energy
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Press Releases
New renewable energy deals position Verizon to achieve key energy goal
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 […]
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Nuclear
Optimism Is Warranted in the Power Industry in 2022 and Beyond
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
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Solar
Solar+Storage Will Lead New U.S. Generation Capacity
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 […]
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Commentary
Was 2021 the Year of EVs, Hydrogen, or Energy Storage? And What to Expect in 2022
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 […]
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Press Releases
ENGIE Commissions Final Project in 2.3-GW U.S. Renewables Portfolio Jointly Owned with Hannon Armstrong
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 […]
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Solar
Key Trends Point to Strong Growth for Brazil’s Renewable Energy Landscape in 2022 and Beyond
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 […]
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T&D
GE Digital Announces UK ‘Smart Substation’ Project
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 […]
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Press Releases
Renewable energy generation boosted by more than 100% in US-first demonstration project
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) […]
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Commentary
The Renewable Energy and Energy Efficiency Advisory Committee Brings Industry Knowledge to National Policy
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
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Hydrogen
BP Plans Another Major Hydrogen Production Project
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 […]
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Nuclear
Could Fusion Energy Transform the Power Industry By 2035?
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 […]
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Press Releases
Azelio signs order in South Africa for 8 units of its renewable energy storage TES.POD®
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 […]
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Press Releases
Moog Focal Grows Capabilities for Expansion into Renewable Energy
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 […]
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Commentary
California’s Global Warming Approach a Big Waste of Time
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 […]
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News
GE Splitting Into Three Companies, Will Spin Off Energy Group
General Electric (GE) has announced plans to split into three separate companies, breaking up into publicly traded groups for its energy, healthcare, and aviation divisions. The company on Nov. 9 said the GE Power, GE Renewable Energy, and GE Digital groups will be combined into one business, with the company pursuing a tax-free spin-off of […]
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Nuclear
Can Nuclear Power Stay Relevant in a World Filled with Renewables?
I have long been a supporter of nuclear power. I’ll admit I’m biased, having spent 13 years in the U.S. Navy’s nuclear power program and having worked for several more years in the commercial nuclear
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Solar
How Different Power Grid Operators Are Approaching Renewable-Storage Hybrid Participation
Pairing renewable resources with energy storage systems makes a lot of sense. However, grid operators are still developing frameworks for handling these hybrid projects but they may need to be treated
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Solar
Major India Utility Plans Massive Increase in Renewable Energy
The chief executive of major India electricity producer Tata Power said his company is prepared to make major investments in renewable energy, primarily solar and also wind power, as the group looks to increase its clean energy portfolio from its present 4 GW to 25 GW by 2030. Praveer Sinha, Tata Power’s CEO and managing […]
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Press Releases
Data Centers Set to Double Their Power Demand in Europe, Could Play Critical Role in Enabling More Renewable Energy
LONDON and BERLIN (Oct. 14, 2021) – Large data centers in the UK, Germany, Ireland, Norway and the Netherlands are projected to draw 5.4GW (gigawatts) in ‘live IT power’ demand in 2030, up from 3GW at the end of 2021, according to a new study published today by research company BloombergNEF (BNEF) in partnership with […]
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Renewables
The AI-Powered Digital Future of More Accurate Renewable Energy Forecasts
The energy market is constantly changing, and with that, new challenges and complexities arise every day that renewable energy companies must face. The pressure for energy transition is higher than ever, especially with the renewed urgency expressed with the latest Intergovernmental Panel on Climate Change (IPCC) climate report. Simplification, the consumer’s desire for more digital […]
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News
Newly Minted Hitachi Energy Pushing ‘Urgency’ of Clean Power
A technology leader in the power generation sector officially has a new name today, as the former Hitachi ABB Power Grids is now Hitachi Energy. The rebranding, announced during the summer and taking effect Oct. 13, is the latest move by a joint venture formed in the summer of 2020 when Hitachi and ABB closed […]
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Distributed Energy
The New Wave of the Decentralized Energy Market
Ten years ago, the energy market was based around the conventional, centralized generation of oil and coal plants. It was predictable and formulaic. These staples of yesterday’s energy market are no longer the future of energy generation. Instead, we see a global push toward clean energy with wind and solar power, and companies are accelerating […]
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Commentary
Why Now Is the Time to Push for Carbon Neutrality
In March 2021, we reached an important milestone in the push for carbon neutrality across industries. A report by the Energy and Climate Intelligence Unit (ECIU), a UK-based non-profit, found more than 21% of
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Finance
Types of Power Purchase Agreements and Why Each PPA Might Be Used
Stakeholders are increasingly pressuring corporations to become more sustainable, and often that means using renewable energy to help meet their electricity needs. Most non-power companies don’t want to take
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News
Korean Group Buying Renewable Energy Giant in $855M Deal
South Korea-based Hanwha Solutions announced it plans to acquire renewable energy developer RES France in an $855.2 million deal expected to be finalized in the next two months. RES France is a subsidiary of UK-based RES Group, which calls itself the world’s largest independent renewable energy company. The agreement announced Aug. 9 is led by […]
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Press Releases
Wärtsilä energy storage system to support Taiwan’s ambitious renewable energy targets
AUGUST 10, 2021 — The technology group Wärtsilä will supply a 5.2-MW/5.2-MWh energy storage system to provide the frequency regulation in the ancillary service market for the Taiwanese grid as the country seeks to achieve 20% of its energy from renewable sources by 2025. The order was placed in August 2021 by Shangfa Construction who […]
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News
American Clean Power and Energy Storage Associations Pursuing a Merger
The American Clean Power Association (ACP)—a 2021-launched pan-renewables trade group—may be poised to merge with the U.S. Energy Storage Association (ESA) starting on Jan. 1, 2022. The groups’ intent to pursue a merger, announced on July 22, still requires ESA’s member approval. If successful, it would combine the two trade association’s staff programs and members, […]
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Press Releases
Camus Energy Secures $16M Series A to Advance Grid Management and Support Community-Centric Utilities of the Future
SAN FRANCISCO (July 20, 2021) — Camus Energy, a leading provider of advanced grid management technology, announced today it has secured $16 million in a Series A round, led by Park West Asset Management and joined by Congruent Ventures, Wave Capital and other investors, including an investor-owned utility. Camus will leverage the operating capital to […]
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Press Releases
Wärtsilä to deliver 100MW of energy storage for Pivot Power projects in the West Midlands, England to support renewable energy integration
JULY 19, 2021 — The technology group Wärtsilä will supply 100MW / 200MWh of energy storage systems to Pivot Power, part of EDF Renewables, for its next two projects in the West Midlands, England, to support the roll-out of Pivot Power’s innovative Energy Superhub model. Wärtsilä will install batteries at two sites in the city […]
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Commentary
A Low-Risk Way for Oil and Gas Firms to Get in on the Energy Transition
Now is the time for oil and gas companies to get involved in renewable energy. Fossil fuels provide the bulk of energy consumed in the U.S., but oil and gas (O&G) companies saw declining energy consumption in recent years and face a negative, long-term economic outlook. According to Wood Mackenzie, wind and solar will make […]