renewables

Susgen, a market leading funder and partner to renewable energy development companies, announces the sale of its UK-based solar and battery storage development company JBM Solar to RWE, the UK’s largest power generator. Headquartered in London and founded in 2012, JBM Solar leaves the Susgen portfolio as the UK’s largest independent solar and co-located battery […]

Climate change and the dangers posed to the environment by increasing levels of CO2 have led to a greater focus on a non-polluting energy source: renewable hydrogen. Described as the “most abundant clean fuel in the universe,” the application of hydrogen as a fuel for transportation, including plans for a hydrogen-powered aircraft in the next […]

The Diablo Canyon nuclear power plant in California can continue operating while Pacific Gas & Electric (PG&E) seeks a license renewal for the 2,250-MW facility that would extend its lifecycle. The Nuclear Regulatory Commission (NRC) on March 2 approved PG&E’s request for an exemption to keep Diablo Canyon open past 2025. Thursday’s move is a […]

SAN FRANCISCO, CA — March 1, 2023 — Renewable Properties, a developer and investor in small-scale utility and community solar projects, has closed its Fund 8 portfolio with two financing partners, Nelnet Renewable Energy and AB CarVal. Fund 8 consists of nearly 30 MW of community solar projects in California and New York. The closing of Fund 8 reflects the company’s strong ties to […]

Essen, Germany (March 1, 2023) — RWE AG, one of the world’s leading renewable energy companies, successfully closed the acquisition of all shares in Con Edison Clean Energy Businesses, Inc. (Con Edison CEB), from Consolidated Edison, Inc. after only five months from the announcement of the transaction. All relevant authorities have approved the acquisition. The transaction makes […]

The recent shake-up in natural gas markets and their ensuing impact on energy security, and geopolitical tension, dramatically altered the trajectory of global coal-fired generation, sending it soaring to

Geothermal Plant Planned in Colombia. Colombian petroleum company Ecopetrol in December announced plans to build a 250-kW geothermal power plant in the Apiay oil complex in Meta, Colombia. The power plant will

Jamal Burki is president of IHI Terrasun, a company that provides energy storage systems, including standalone systems and also those paired with solar power installations.  Burki, who has spent just short of two years in his current role and has been with the company since 2015, recently provided POWER with insight into the energy storage […]

The United Arab Emirates (UAE) is in the midst of an energy transition, moving away from its nearly exclusive use of natural gas-fired power generation to a strategy based on renewable energy resources. The country has an abundance of natural gas, and it also has significant solar power potential. The UAE also is adding nuclear […]

A lobbying group for China’s power generation sector said the country will add about 70 GW of fossil fuel-powered capacity this year, even as renewable energy is set to provide more than half of China’s electricity production in 2023. The China Electricity Council in a report published Jan. 19 said the 70 GW of new […]