Renewable energy

The energy industry finds itself in the midst of a transformative era. In 2023 alone, a record 31 GW of solar energy capacity were installed—a 55% increase from 2022—while battery energy storage systems

In the presence of Cuba’s Vice Prime Minister Ramiro Valdés and the Minister of Energy and Mines Vicente de la O Levy, the results of a study focused on the control and supervision of investments in photovoltaic parks and the maintenance of thermal power plants were analyzed in the Industry, Construction, and Energy Commission of […]

The American Clean Power Association (ACP) on Nov. 25 announced the release of the inaugural Solar Market Monitor, a market analysis of the domestic utility-scale solar industry produced by S&P Global Commodity Insights. The new report includes projections of a record-breaking year for solar, with more than 32 GW of installations for 2024. The new […]

As artificial intelligence (AI) adoption skyrockets—and especially generative AI (genAI)—the underlying infrastructure powering these technologies faces unprecedented demands. Data centers, the nerve centers of AI operations, rely heavily on electricity, and their growth is reshaping how we think about energy. The current power consumption by data centers already accounts for about 3% of the world’s […]

Ampion Renewable Energy announced it is expanding its community solar programs to Delaware, New Jersey, and Virginia, bringing the company’s portfolio under management to about 1.5 GW. Ampion notes that U.S. community solar installations are expected to exceed 14 GW in the next five years. The company is partnering with new developer and asset owner […]

In its first 10 months serving Portland General Electric (PGE) customers, the Clearwater Wind Energy Center contributed to new records for PGE wind generation, including helping the company produce 1 GW of power from wind sources alone—a new milestone. 1 GW (or 1,000 MW) is enough electricity to power the equivalent of 830,000 homes, or about half […]

Swedish energy giant Vattenfall plans to invest more than $5 billion in Germany to increase the company’s renewable energy portfolio in that country. Robert Zurawski, Vattenfall’s chief financial officer in Germany, said the group will build more wind and solar farms in Germany, along with EV charging stations, over the next few years. Zurawski on […]

California-based Enphase Energy, a company known for its solar power and electric vehicle (EV) charging technology, announced it is laying off about 500 workers. The company in a Nov. 8 filing with the U.S. Securities and Exchange Commission (SEC) said a challenging economy for the solar power industry requires reduced spending. The cuts come less […]

Vistra is pursuing deals with data center developers in Texas and the PJM region to address the industry’s energy needs at multiple sites, executives revealed during the company’s third-quarter earnings call on Nov. 7. The Texas-based competitive generator has entered discussions with some of the largest, unnamed data center operators to increase output at its […]

Tuesday’s election, which will return Donald Trump to the White House and grant the U.S. Senate a Republican majority, could have sizeable implications for the power industry. In reactions sent to POWER, industry groups expressed a combination of cautious optimism, resilience, and preparedness for potential changes. Industry leaders are bracing for a pro-fossil fuel agenda […]