renewables

European countries have moved quickly to adopt new energy sources after Russia’s invasion of Ukraine in February 2022. Governments have reduced imports of Russian-produced energy, with demand for natural gas

Manufacturing is among the most energy-intensive industries in the U.S., making sustainability efforts all the more important, and potentially impactful. Businesses looking to run and maintain their facilities more sustainably have a few options, some of which offer an almost immediate impact. Manufacturers should consider the path toward sustainability as a series of steps, focusing […]

An analysis from an energy research group shows European Union (EU) countries burned less coal and natural gas for power generation than in prior years, despite an ongoing energy crisis driven by Russia’s invasion of Ukraine. A study from Ember, a think-tank based in the UK, said coal-fired generation in the EU dropped 27 TWh […]

LONDON / HOUSTON / SINGAPORE, 11 April 2023 – The global wind energy market will pass the one terawatt (TW) threshold for installed capacity by the end of 2023, according to the latest market outlook from Wood Mackenzie. “After needing more than 40 years to reach one TW of installations, the wind industry will reach […]

Driven by ripe market conditions, technology startups are injecting investment and innovation into geothermal power to unlock novel applications that could substantially scale up the niche renewable power

A new 840-MW natural gas-fired power plant in Greece will use equipment from General Electric (GE), with GE also providing services for the facility that is expected to come online in 2026. GE on March 20 announced the plant in Alexandroupolis will feature a 9HA.02 gas turbine, an STF-D650 steam turbine, and a W88 generator. […]

The global market for energy storage is experiencing rapid growth, in part because the technology is being included in decarbonization and sustainability programs. It also is being used to support the grid integration of more renewable energy resources, and has been touted as an important piece of electricity transmission and distribution system upgrades. Enertis Applus+, […]

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 […]

As fuel and power price volatility continues across the U.S., the push to transition away from fossil fuels to lower-cost renewable, clean energy intensifies. But in order to reach President Biden’s goal of 100% carbon pollution-free electricity by 2035, utilities, developers, and regulators need to align and work together to improve the interconnection process. COMMENTARY Though […]

A major power transmission project will proceed in New Mexico after a regulatory group approved a public-private partnership for development of a 400-mile high-voltage direct current line. The New Mexico North Path project could move as much as 4 GW of renewable energy from sites in northeastern New Mexico to the state’s Four Corners region, […]

The Tennessee Valley Authority (TVA) has approved retirement of the Cumberland coal-fired power plant, with officials on Jan. 10 saying the utility will replace one of the plant’s two units with a 1,450-MW natural gas-fired combined cycle facility at the site. The TVA has held public meetings over the past few years amid much discussion […]

SUGAR LAND, Texas (Jan. 9, 2023)  — CPV Retail Energy, the recently announced retail electric division of Competitive Power Ventures (CPV), has selected ArcTrade as the technology platform to help the company offer clean energy products backed by CPV’s world-class generation fleet directly to businesses to help meet their ESG goals. “As we grow the […]

Several executives in the power generation space weighed in for POWER’s recent report on supply chain issues in the sector. Sourcing of equipment also was a hot topic in POWER’s 2023 forecast for the industry. It’s no surprise. The power sector is not exempt from the problems that have impacted business and industry worldwide, from […]

The pandemic exposed issues with the global supply chain that provides resources for power generation. The pressure of having enough equipment to meet industry needs has spurred an emphasis on domestic

The recent United Nations (UN) COP27 climate conference in Egypt was host to several announcements of large-scale renewable energy projects, including one of the world’s largest wind farms, along with an

Large global corporate groups continue to buy stakes in major renewable energy projects and sign power purchase agreements (PPAs) designed to provide long-term electricity for their operations. Some

The groundbreaking Inflation Reduction Act (IRA) will put hundreds of billions of dollars toward renewables. As the most comprehensive energy policy in recent years, the IRA is already having a profound impact

President Joe Biden last year signed the Inflation Reduction Act (IRA) that, in addition to a number of other actions, extended and enhanced a number of green energy tax opportunities. Notably, it extended the

A massive, multibillion-dollar renewable and fossil-fuel energy project is underway in China. The installation, being built by China Three Gorges (CTG), includes wind, solar, energy storage and coal-fired power generation. Ground was broken for the first pilot of the Kubuqi Base project in Dalate Banner, Ordos, Inner Mongolia on Dec. 28, 2022, according to Chinese […]

GURUGRAM, India, Dec. 16, 2022 — ReNew Power (“ReNew” or “the Company”) (NASDAQ: RNW) (NASDAQ: RNWWW), India’s leading renewable energy company, today announced that it has signed a renewable energy agreement of 150 MW with Microsoft India, in one of the largest such deals in the country. As part of the arrangement, ReNew will produce 150 MW of clean energy from a […]

WASHINGTON, D.C., December 14, 2022 – In just the last three months, over $40 billion of new grid-scale clean energy investments have been announced, a new report shows – the same amount as the total investment estimated for all clean energy projects installed in 2021. The Clean Energy Investing in America report, released today by the […]