renewables
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Solar
U.S. Solar Sector Shows Record-Setting Growth
A new report from two leading energy industry groups said a record 11 GW of new solar power module manufacturing capacity entered service during the first three months of this year, representing the largest quarter of solar manufacturing growth in U.S. history. The Solar Energy Industries Association (SEIA) and Wood Mackenzie in their U.S. Solar […]
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Renewables
China Brings World’s Largest Solar Power Plant Online
The state-owned Power Construction Corp. of China has brought a 5-GW solar power plant into commercial operation, with the project taking over as the world’s largest operating photovoltaic (PV) facility. The solar park, which entered service on June 3, is located in a desert area of the northwestern China province of Xinjiang, near the provincial […]
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Renewables
Equinor Announces Offtake Deal for New York Offshore Wind Project
Equinor on June 4 announced its has finalized an agreement with New York State Energy Research and Development Authority (NYSERDA) for the renewable power generated by the 810-MW Empire Wind 1 offshore wind project. The deal comes after NYSERDA in February announced that Equinor had been selected as a conditional winner in New York’s fourth […]
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Trends
2024 Shaping Up to Be Dramatic for Transmission and Distribution
In a significant push toward modernizing America’s aging grid infrastructure, the Biden administration, in partnership with 21 states, has launched the Federal-State Modern Grid Deployment Initiative. The measure marks the latest triumph for transmission and distribution (T&D), which has seen “lumpy” progress in recent decades. The initiative unveiled on May 28 essentially seeks to establish […]
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Solar
Beyond the Panels: Why Solar Success Hinges on Accurate Initial Data
Customers are souring on the idea of solar panels and that should spell concern for anyone with a solar business. Some 66% of homeowners in a recent survey shared that cost savings motivated them to install panels on their roofs, but 75% of homeowners with solar panels reported no change or an increase in their […]
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Renewables
Report: Renewables Generating Nearly One-Third of Global Electricity
A UK- based global research group said continued growth in wind and solar power increased power generation from renewable energy to nearly a third of worldwide electricity output last year. Ember, a think tank headquartered in London, in its “Global Electricity Review 2024” released May 8 wrote that the numbers show a goal to triple […]
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News and Notes
POWER Digest [May 2024]
IRENA: 70% Global Renewable Deployment Led by Asia in 2023. Global renewable deployment over 2023 reached a total capacity of 3,870 GW—a new record in the power sector, according to the International
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Legal & Regulatory
Perfect Storm for the Grid: Convergence of Energy Growth and Policy
There are numerous articles and studies warning of the fragile nature of America’s electric grid. The vulnerabilities will only become more apparent as we continue to undergo a fundamental shift in how
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Coal
G7 Countries Talk 2035 End Date for Coal-Fired Generation
Energy ministers from seven of the world’s largest economies, including the U.S., said they would end the use of “unabated” coal by 2035, but also said countries could extend that deadline if circumstances warrant. The Group of Seven (G7) members, which also include Canada, the UK, France, Germany, Japan and Italy, published a communiqué on […]
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Interview
The POWER Interview: The IRA’s Impact on Tax Credits, Tax Equity, and Renewable Energy
The Inflation Reduction Act (IRA) represents the largest incentive effort for clean energy in U.S. history. Its impact touches multiple sectors, including solar, wind, hydrogen, energy storage, and more. The IRA includes more than 70 investment, production, and excise credits designed to facilitate the transition to cleaner energy production. The legislation promotes advanced manufacturing, and […]