renewables
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Press Releases
Susgen Launches to Invest in Renewable Energy
London, UK (May 19, 2020) — Today sees the launch of Susgen, a capital provider and partner to industry-leading renewable energy developers. Susgen invests in renewable energy development companies, enabling them to create project portfolios of significant scale. As capital provider to developers globally; such as Urban Grid Solar in the USA, JBM Solar and […]
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News
U.S. Coal-Fired Generation at Lowest Level Since 1976
U.S. coal-fired power generation last year was at its lowest level since 1976, according to data released May 11 by the U.S. Energy Information Administration (EIA). The EIA in its latest Short-Term Energy Outlook report said energy from renewable resources could this year for the first time surpass coal-fired generation in the U.S. The agency […]
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Renewables
Powering the Future: Renewables, New Technology, and Diversification Are Forecast for Energy Sector in 2020 and Beyond
2020 will be a year dominated by environmental issues. Governments are under increasing pressure from climate activists and protest groups to address carbon emissions and reduce fossil fuel consumption. The effect of this scrutiny has been largely felt in the energy sector. This decade organizations within this industry will have to manage new environmental taxes […]
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News
Virginia Commits to End Coal-Fired Generation
Virginia on April 12 became the latest state to commit to a phase-out of fossil fuel-powered electricity generation, as Gov. Ralph Northam signed the Virginia Economy Act into law. The legislation sets new requirements for energy efficiency among the state’s leading utility companies, and also requires most of the state’s six remaining coal-fired power plants […]
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News
Siemens CEO: No Job Cuts Due to Coronavirus
Siemens CEO Joe Kaeser told a German newspaper the company will not reduce its workforce despite the economic downturn due to the worldwide COVID-19 pandemic. Kaeser, in an interview published April 11, said the company would likely continue having some employees work fewer hours at some of its facilities in Germany, and could extend that […]
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Press Releases
Tri-State takes significant step to increase member flexibility, sets contract termination payment methodology
Westminster, Colorado (April 9, 2020) – Tri-State has achieved a significant milestone in its transition to be a more flexible and even cleaner power supplier through its transformative Responsible Energy Plan. The cooperative’s board of directors, representing each utility member, approved a new partial requirements contract option that will deliver its utility members the flexibility […]
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News
EIA Notes Power Demand Destruction From Coronavirus
The coronavirus pandemic is altering the power landscape, with utilities and other power generators forced to adjust for load disruptions. Power consumption is changing as commercial and industrial electricity users close their businesses, and load is shifting to the residential sector with workers now settled in home offices, and students practicing remote and distance learning. […]
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News
France Moves to Support Renewables During Pandemic
U.S. renewable energy advocates have warned of industry slowdowns due to the coronavirus pandemic, and decried the lack of support for solar, wind, and other technologies in the recent aid package passed by Congress. It’s a different story in some foreign countries where the federal government has thrown its support behind renewable energy. France’s ecology […]
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News
Coronavirus and German Renewable Energy Projects: Some Specific Regulatory Topics
The coronavirus pandemic is currently turning the entire world upside down and each and every market is experiencing its impact. The German electricity market is no exception. Other issues caused by the spread of the coronavirus may also affect German renewables projects, such as delays in permitting and tender proceedings, and limitations on the free […]
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Interview
The POWER Interview: GenCell’s CEO on Importance of Clean Energy
The coronavirus pandemic is expected to slow the growth of renewable energy in 2020, owing to supply chain disruptions and an economic recession. It could make hitting targets for clean energy adoption more difficult, particularly in the short term. Will government officials look to adjust their goals for renewable energy? Perhaps, but with most of […]