renewables

A private New York-based real estate investment company that focuses on North American energy projects has reached an agreement with officials in Farmington, New Mexico, to keep the coal-fired San Juan Generating Station open beyond 2022. The city is part-owner of the 847-MW plant, and the other owners—which include Tucson Electric Power, Los Alamos County, […]

Arizona’s largest utility wants to support its renewable power portfolio by adding as much as 850 MW of battery storage capacity to its solar power plants by 2025. Arizona Public Service Co. (APS) made the announcement February 21. Don Brandt, the utility’s chairman and CEO, in a statement said, “Arizona is already a national leader […]

Power companies worldwide are struggling to balance talent shortages with changing skills needed for an increasingly digitalized business, the newly released Global Energy Talent Index (GETI) suggests.  The Jan. 22–released annual energy recruitment and employment trends report by Airswift, a global energy workforce provider, and Energy Jobline, an online jobsite dedicated to the energy and […]

China continues to finance new coal plants in more than two dozen countries, even as the country has taken the lead in global renewable energy investment, according to a report from a U.S. group of energy analysts. The Institute for Energy Economics and Financial Analysis (IEEFA) in its report said China is backing more than […]

Renewable energy projects are gradually losing their niche status and becoming more commonplace throughout the world with solar consistently outperforming wind on a global scale, according to Fitch Ratings in its inaugural global review of the renewables sector. Despite their increased acceptance, renewable revenues remain inherently volatile since the resource in question is outside of […]

Renewable energy sources increased their share of the UK’s electricity supply in 2018, with new wind farms and biomass plants helping renewables contribute a record 33% of the country’s power in the past year. Coal-fired units, meanwhile, saw a 25% drop in their output, with coal providing about 5% of the country’s total generation. The […]

The International Energy Agency (IEA) deemed growth and disruptions of the world’s power sector so significant to the future of energy, it dedicated—for the first time—a four-chapter “special focus”

NV Energy plans to retire a 254-MW coal-fired unit in a power-constrained region of Nevada at the end of 2021, four years ahead of schedule. The company will instead purchase 1,001 MW from new solar photovoltaic projects equipped with 100 MW of long-term battery storage, effectively doubling its total renewable generation from 14% in 2017 […]

A new study from BloombergNEF (BNEF) says developing countries lead the way on new investments in clean energy, with those nations taking advantage of lower project costs for solar and wind power as they move away from fossil fuel-powered generation. Today’s report, from a survey by BNEF’s annual Climatescope project, says “emerging market nations … […]

NOVEMBER 27, 2018 — Capital Dynamics, an independent global private asset management firm, today announced that its Clean Energy Infrastructure (CEI) business has signed an agreement with respected energy developer Tenaska to develop a portfolio of greenfield solar projects in the Midwestern United States. The deal closed on November 26, 2018. The transaction includes 14 […]