wind
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Trends
Carbon-Free Energy Is the Name of the Game: Renewables, Nuclear Poised for Growth
Solar, wind, and nuclear power, as well as battery storage systems, are the obvious winners as the world aims to decarbonize energy systems. It shouldn’t be a surprise to anyone who has been following trends
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News and Notes
POWER Digest [January 2024]
Azerbaijan’s First Utility-Scale Solar Project Online. Officials in Azerbaijan in November announced the country’s first and largest utility-scale solar photovoltaic power plant is now operating. The
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Solar
India’s Adani Group Announces $1 Billion Investment in Renewable Energy
India’s Adani Group announced more development of renewable energy, with the company on Dec. 27 saying its Adani Green Energy arm has received $300 million for the transfer of a 1,050-MW clean energy portfolio as part of a joint venture (JV) with France’s TotalEnergies. The announcement Wednesday came one day after Adani, led by billionaire […]
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Wind
GE Vernova, Forestalia Reach Deal for Wind Farms in Spain
GE Vernova said the company’s turbines will play a major role in supporting renewable energy in Spain through a collaboration with Forestalia, one of that country’s leading clean energy developers. The companies on Dec. 14 said they had a framework agreement in which GE Vernova will install as much as 693 MW of onshore wind […]
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Energy Storage
Bill Gates-Backed Group Supporting New Energy Storage Technology
A Massachusetts-based group developing an energy storage system to support renewable energy resources is moving forward with plans for a prototype facility outside Boston. Fourth Power on Dec. 12 said it received $19 million in funding to help scale its technology, which the company said is more cost-effective than lithium-ion (li-ion) batteries and will provide […]
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Renewables
Deloitte Report Highlights Growth in Renewables, Challenges for 2024
Investments in renewable energy resources across the U.S. continue to grow, supported by increased federal funding, legislation that improves project economics, and growing demand for cleaner energy. Deloitte, which provides insights and solutions for several industries including the energy sector, on Dec. 5 released its industry outlook for 2024 for renewable energy in the U.S., […]
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Coal
Tri-State Closing Arizona, Colorado Coal Plants Early, Investing in More Renewables
Colorado-based cooperative Tri-State Generation and Transmission Association will accelerate the closure of a coal-fired unit in the northwestern part of the state, and also announced a retirement date for an Arizona coal plant, as part of the utility’s latest electric resource plan (ERP). Tri-State on Dec. 1 also said it wants to acquire at least […]
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Coal
Indonesia Outlines Plans for Coal Power, Renewables
Indonesian officials said they would increase their use of renewable energy and move away from coal-fired power generation in order to receive funding from an international public and private decarbonization
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Legal & Regulatory
Wind Project Approvals, Tax Credits Look to Outpace Macroeconomic and Supply Chain Headwinds in 2024
Recent events in the wind power industry, all occurring on a single day, provide a snapshot of the sector’s challenges and opportunities heading into 2024. Ørsted, the world’s largest developer of offshore wind, on Oct. 31 announced the cancellation of Ocean Wind 1 and 2, two 1,000-MW-plus projects off the coast of New Jersey. In […]
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Electrification
Undersea Cable Projects to Transmit Renewable Energy Move Forward
Government officials in the UK have shown further support for a plan to bring renewable energy from a massive project in Morocco to Britain, one of at least three projects worldwide in which miles-long subsea