solar
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Trends
Understanding Future Prospects for Hydrogen, Energy Storage, and Renewables
The world is undergoing a remarkable energy transition. Clean power systems are in high demand, offering a bright future for hydrogen and renewables. However, energy storage projects that may look promising
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Gas
New Colorado Gas-Fired Plant Will Feature GE Vernova Power Units
A new natural gas-fired peaker plant being built on Colorado’s eastern plains will feature aeroderivative gas power packages from GE Vernova. The Mountain Peak Power Plant, which will be managed and operated by Princeton, New Jersey-based Kindle Energy, and will serve the United Power electric cooperative, is expected to come online in 2025. GE Vernova’s […]
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Renewables
Texas Adds Two More Utility-Scale Solar Power Projects
Texas continues to add to its U.S.-leading portfolio of renewable energy projects, with two large solar power installations recently coming online. Clearway Energy Group on Feb. 22 said it had completed the 452-MW Texas Solar Nova complex in Kent County. The multimillion-dollar array, which was built in two phases, already has offtake agreements, including a […]
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Solar
EIA: Solar Will Surge in 2024, Account for More Than Half of New U.S. Capacity
Installations of new solar power generation capacity this year are expected to nearly double the amount that was built in 2023, according to the U.S. Energy Information Administration (EIA). The agency is its latest “Preliminary Monthly Electric Generator Inventory” report said developers expect to add 36.4 GW of new solar capacity in 2024. That compares […]
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Energy Storage
RWE Boosts Battery Storage with Three New Projects
German energy giant RWE has added three large battery energy storage (BESS) projects to the company’s U.S. portfolio. The group on Feb. 14 announced the completion of two installations in Texas and one in Arizona, and said energy storage systems now comprise more than one-third of the company’s U.S. renewable energy and storage development pipeline. […]
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Commentary
Holtec Bets on Nuclear Paired with Solar to Support Decarbonization
The decarbonization of power generation is fostering research and development of new energy technologies, and some companies are reimagining what’s possible when it comes to power plant design. That includes pairing nuclear power with solar power, in a system that could repurpose a brownfield site—for example, a closed or soon-to-retire thermal power plant with transmission […]
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Commentary
Stop Using ‘Dirty’ Steel for Renewable Energy Projects
As the solar and renewable energy movement continues to gain momentum in the U.S., it’s important to note how critical the steel industry is to the renewable energy industry. In fact, reports show that steel comprises more than 70% of the weight of a typical wind turbine and each new megawatt of solar power capacity […]
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Solar
Brazil Oil Major Buying Renewable Energy Assets
Renewable energy in Brazil will get a boost after the chief executive of Petrobras, the country’s state-run oil giant, said the company will begin buying solar power and onshore wind projects in an effort to build a clean energy portfolio. Jean Paul Prates, in an interview with the Reuters news service published Jan. 22, said […]
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Solar
SolarEdge Slashing 900 Jobs in Cost-Cutting Move
Israel-headquartered SolarEdge Technologies is expected to cut about 900 jobs from its global workforce as the company seeks to reduce operating costs. SolarEdge on Jan. 21 said it would lay off about 16% of its employees. CEO Zvi Lando in a statement said, “We have made a very difficult, but necessary decision to implement a […]
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Solar
AES Announces Addition of 3.5 GW of Renewables
Virginia-based AES Corp. said the company added 3.5 GW of new renewable energy generation capacity to its global portfolio in 2023, an amount nearly double that built in the previous year. The projects, including solar power, wind power, and energy storage, were built in several locations worldwide, including the U.S., and will serve a variety […]