Renewable energy
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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 […]
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Carbon Capture
CCUS: Big Opportunity and Hard Questions
For the world to avoid a climate catastrophe, carbon capture is likely a necessity, not an option. To meet the Paris Agreement’s objectives—keep warming below 2C and preferably near 1.5C—net zero carbon emissions must be achieved circa 2050, and some carbon dioxide will have to be extracted from the atmosphere. Deployment of carbon capture, utilization, […]
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Press Releases
Bureau Veritas Acquires Bradley Construction Management, Accelerating Growth in Renewable Energy Market
NEW YORK, April 22, 2021—Bureau Veritas today announced the acquisition of Bradley Construction Management, a US-based leader of project management and construction management services for the renewable energy sector. Established in 2013 and headquartered in Dallas, Texas, Bradley Construction Management specializes in providing on-site construction management for independent power producers in the renewable energy sector with a focus on […]