Renewable energy
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Press Releases
Renowned Green Independent Power Producer, NEFIN Group, to Establish Joint Venture with Hatten Land and Provide Funding for Renewable Energy Projects
SINGAPORE, MELAKA, MALAYSIA (Sept. 19, 2022) — Hatten Land Limited is pleased to share that its wholly-owned subsidiary, Hatten Edge Pte. Ltd. has entered into a joint venture agreement with NEFIN Pte. Ltd. to develop, construct, and operate renewable energy projects, with a focus on solar energy generation, in Singapore and Malaysia. NEFIN Pte. Ltd is […]
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Solar
Enverus Expands Renewables Arm, Acquires Spanish Solar Power Group
A Texas-based company involved with data analytics for the energy industry is acquiring a Spanish group as part of a continuing effort to expand its offerings in the power generation sector. Enverus, formerly known as DrillingInfo and a longtime player in the oil and gas industry, on Sept. 14 said it is acquiring RatedPower, a […]
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Renewables
Oxford Group: Decarbonizing Energy Would Save $12 Trillion
A new study from business and environmental researchers at Oxford University disputes the notion that a strategy to transition global power generation toward renewable energy and away from fossil fuels is too expensive to pursue. The study, released Sept. 13 and published in the journal Joule, reports that decarbonizing the world’s energy systems would save […]
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Interview
The POWER Interview: Developing Platforms for Renewable Energy
Billions of dollars are supporting renewable energy development in the U.S. The International Energy Agency has said record amounts of spending on clean energy will increase global energy investment by 8% in 2022. Julie McLaughlin, a managing director with Alvarez & Marsal’s U.S. Energy practice in San Francisco, California, has extensive experience in the energy space, working with […]
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Legal & Regulatory
Biden Signs Bill to Transform U.S. Energy, Combat Climate Change
President Biden’s signing of the Inflation Reduction Act (IRA) should provide further impetus for growth of U.S. renewable energy, coming on the heels of a report from the Federal Energy Regulatory Commission (FERC) that installations of solar and wind power accounted for more than two-thirds of new domestic utility-scale generation in the first six months […]
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Hydrogen
How Hydrogen Can Enhance Renewable Energy Grids
From powering the first combustion engines to becoming a vital part of the modern-day refining industry, the relationship between hydrogen (H2) and energy spans centuries. It is the most abundant element on our planet. The gas burns clean, it’s light, energy-dense, and we’re only just beginning to uncover its true potential. Hydrogen could well be […]
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Offshore Wind
California Sets Goals for Buildout of Offshore Wind
California officials have taken a major step toward establishing the state’s offshore wind energy industry, setting a goal of installing as much as 5 GW of generation capacity this decade, and 25 GW by 2045. The California Energy Commission (CEC) on Aug. 10 put out a report detailing the state’s plan for offshore wind, which […]
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Renewables
Chicago Announces Plan to Power City with 100% Renewable Energy
Chicago’s public buildings could all be powered by renewable energy under a plan announced by Mayor Lori Lightfoot on Aug. 8. The mayor, along with Illinois Gov. JB Pritzker, on Monday said the city has an agreement with Chicago utility Constellation Energy, along with Massachusetts-based Swift Current Energy, a renewable energy developer. The two spoke […]
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News
Southern CEO Fanning Set to Step Down
Longtime Southern Co. CEO Tom Fanning plans to announce his retirement, perhaps by the end of this year, stepping down after leading the company since 2010. A Bloomberg report on July 29, citing “people familiar with the matter,” said the U.S. utility giant already has launched a search to find Fanning’s replacement. Bloomberg reported that […]
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Renewables
Community Choice Aggregation Provides Renewable Energy at Reduced Costs
Community Choice Aggregation (CCA) programs have become quite prominent in communities across California, and have begun to spring up in other states including Illinois, Massachusetts, and Ohio. Through CCA, communities can purchase electricity on behalf of residents and businesses, in place of investor-owned utilities such as Pacific Gas & Electric (PG&E), San Diego Gas & […]