Renewable energy

Internet of Things (IoT)-based energy management systems centered around edge controllers provide the functionality required to match renewable energy output with power requirements. Traditional baseload power

With the start of a new year comes new year resolutions, new campaigns, new administrations, new policy goals, and new initiatives. To kick off 2021, POWER talked with Jens Wolf, vice president and general manager of Europe at Enviva, a renewable energy company and the world’s largest producer of industrial wood pellets. Wolf has more […]

The coronavirus pandemic and resulting global economic slowdown curtailed some energy projects in 2020, but corporations worldwide still bought a record 23.7 GW of clean power through long-term purchase agreements. That’s according to research published Jan. 26 by BloombergNEF (BNEF). The group in its “1H 2021 Corporate Energy Market Outlook” said more than 130 companies, […]

JANUARY 19, 2021 — Macquarie’s Green Investment Group (GIG) today announced that it will make an investment in esVolta, a developer and owner of utility-scale energy storage projects across North America. The investment will support the continued North American expansion of esVolta and finance its portfolio of over 600 MWh of contracted energy storage projects, […]

FORT WORTH, Texas (Jan. 4, 2021) — Takkion Holdings LLC (“Takkion” or the “Company”), a portfolio company of funds managed by affiliates of Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”) and premier multimodal logistics and transportation provider for energy transition infrastructure, today announced that Takkion has acquired Sioux Falls, SD-based […]

Researchers at Lawrence Berkeley National Laboratory (LBNL) have found that a combination of lower capital, operating, and finance costs, in addition to better equipment performance, and longer useful lives, have driven power purchase agreement (PPA) prices and the levelized cost of energy (LCOE) for utility-scale wind and solar projects to all-time lows. The findings were […]

There is a growing trend toward clean energy around the world. A number of high-profile companies, including Google, Apple, Walmart, and more than 260 others, have set 100% renewable electricity goals, and power companies, too, have joined in the movement, with many targeting net-zero emissions in coming decades. However, most consumers have found it more […]

At a time when deal activity in the energy and natural resources sector has slowed dramatically—down 26.2% globally year-on-year—one development in particular may define the industry’s near-term future. In mid-May 2020, French oil major Total opted not to pursue a deal, announced in 2019, to purchase the African assets of Anadarko Petroleum, a U.S. producer […]

Most new utility-scale renewable energy projects, such as installations of solar and wind generation, are now including battery storage.  The growing trend of integrating storage is making such projects more financially attractive, as it enhances the generation profile of the installation. Storage helps smooth the power supply, enabling electricity to flow from a project even […]

An analysis of federal labor data for the clean energy sector shows renewable energy and other industries are adding jobs after months of declines brought on by the coronavirus pandemic. But the gains in July were lower than those in June, signaling sectors such as solar, wind, energy storage, energy efficiency, and electric vehicles continue […]