Renewable energy
-
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 […]
Tagged in: -
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 […]
Tagged in: -
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 […]
-
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 […]
-
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
-
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
-
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 […]
-
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 […]
-
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, […]
-
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 […]