wind
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Hydrogen
Projects Underway as Part of UK’s Hydrogen Plan
The UK has a broad plan to develop a hydrogen economy as a feature of its commitment to reach net-zero carbon emissions by 2050. Energy analysts have said hydrogen not only could fuel the country’s
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O&M
POWER Digest [December 2022]
Qatar Inaugurates the Country’s First Utility-Scale Solar Photovoltaic Power Plant. With Essa bin Hilal Al-Kuwari, president of Qatar General Electricity & Water Corp. (Kahramaa); Saad Sherida Al-Kaabi
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Press Releases
Major investments in wind, solar and battery storage key features of final Minnesota Power long-range energy plan
SAINT PAUL, MINNESOTA – The newly approved long-range energy plan for Minnesota’s second largest public utility company reflects an exciting agreement reached between Minnesota Power, Clean Energy Organizations, labor unions, industrial customers, and the Boswell coal plant host communities to more quickly transition towards a reliable and carbon free electric system that works for everyone. […]
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Interview
The POWER Interview: A Renewed Shift in Energy Investing
Companies involved in energy production continually look to maximize their investments, and today are tasked with navigating increasingly volatile energy markets. These companies must choose where and how to compete as the world transitions to a low-carbon future. Where are the best opportunities for investment? How important is seeking out positions that reduce exposure to […]
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Press Releases
Fengate acquires 160-MW Prairie Switch Wind project in Texas and signs PPA with Meta
HOUSTON, Texas (Nov. 3, 2022) — Fengate Asset Management is pleased to announce the acquisition from Triple Oak Power of the ready-to-build 160-megawatt Prairie Switch Wind project located outside of Houston, Texas. The Prairie Switch Wind project will utilize 48 of GE Renewable Energy’s 3.4-MW wind turbines and is expected to be fully operational by […]
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Solar
Evolving Extreme Weather Risks Posing Unprecedented Insurance Woes for Renewables
Unexpectedly steep financial losses suffered by the U.S. renewables market owing to a barrage of extreme weather events over the past summer suggest that project hardening strategies aren’t going far enough, a major renewables insurer is warning. GCube, an international insurer for wind, solar, wave, hydro, and tidal projects around the world in an update […]
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Commentary
Keeping the Lights on During the Grid Transition
California seems to face the prospect of electricity shortages almost every summer. For example, Californians were asked to voluntarily reduce their electricity consumption for 10 days in a row in August. A few weeks later, the state’s grid operator issued another emergency alert: “Conserve energy now to protect public health and safety … Power interruptions […]
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Press Releases
Clearway Energy Group Signs Long-Term Power Purchase Agreements with PacifiCorp for Two Wind Projects
SAN FRANCISCO, Oct. 11, 2022 – Clearway Energy Group (“Clearway”) announced a new set of long-term power purchase agreements (PPA) with PacifiCorp, a Berkshire Hathaway subsidiary. The PPAs will directly support the construction of two wind energy projects: the 280 MW Two Rivers Wind project, which is jointly developed and owned with BluEarth Renewables US […]
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Wind
GE Will Cut 20% of U.S. Onshore Wind Workforce
General Electric (GE) has notified staff that it plans to lay off about 20% of the workforce in its U.S. onshore wind business. A report from NASDAQ this week said the cuts are part of a plan to restructure and resize the onshore wind division, as the group “is grappling with weak demand and rising […]
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Distributed Energy
Netherlands Commissions Country’s Largest Energy Storage System
An energy storage system (ESS) co-located with solar and wind power assets is now online at a research center in the Netherlands. The project, commissioned in a ceremony on Oct. 6, is a 24-MW/48-MWh that includes equipment from the Wärtsilä technology group. The GIGA Buffalo battery installation is at the Wageningen University & Research test […]