Installed solar capacity in the United States exceeded 10 MW for the third year in a row in 2018, and the pace of growth is expected to continue. The first quarter of 2019 was the strongest in the history of the U.S. solar market, according to a recent report from Solar Energy Industries Association (SEIA) and Wood Mackenzie Power & Renewables. Yet inefficient and costly project financing inhibits many solar developers from tapping into the market’s true potential.
Dozens of new solar and wind projects are sprouting up on tribal lands across the U.S. as Native Americans seek new ways to boost their economies beyond casinos and untaxed cigarettes.
GE Renewable Energy has taken a major step to cement its offshore wind operations in China.
Clarion Energy’s Teresa Hansen, vice president of global content, for a webcast Wednesday will be making some important announcements regarding this year’s event in New Orleans. Hansen also will offer key details on content, the exhibit floor and resources available to attendees.
Energy generation and consumption is rapidly transforming into a decentralized, decarbonized, and digitized model due to a number of market forces. The declining costs of solar energy systems, as well as the increasing price of energy from the grid has led to grid parity. This has caused PV proliferation to accelerate to such an extent that in the past five years alone, PV installed capacity has increased by 300%. Simultaneously, the EV market is also on the rise and is expected to reach the electrification tipping point by 2030. This is due to support from governments trying to limit the effects of climate change, thus leading to automotive manufactures transitioning their fleets from standard petrol- and diesel-powered cars to EVs. As a result of the acceleration of both of these markets, EV charging has created demand patterns causing an even steeper and faster ramp-up in the evenings than the PV duck curve. , This is causing the grid’s balancing act to be increasingly complex. In order to support this new energy dynamic, advanced management software is required to ensure grid stabilization and to unlock the value of these energy resources.
Arlington, VA based Summit Ridge Energy (SRE) announced that it will acquire 11 projects from Pivot Energy in Illinois totaling 29 MWs, increasing SRE’s portfolio of community solar projects in the state to more than 20.
Worldwide investments in clean energy projects have hit a six-year low.
Community stakeholders and climate experts from the University of Arizona are helping Tucson Electric Power to build an energy portfolio that supports reliable, affordable and increasingly sustainable service over the next 15 years.
A 138 MW windfarm in Turkey is to be powered by 27 turbines from GE Renewable Energy.
Clarion Energy & iTEN Media announce the launch of POWERGEN India 2020 co-located with Indian Utility Week & DISTRIBUTECH India
Voith has received an order for the Ritom pumped storage power plant in Switzerland, which began operating in 1920 and will be replaced with a new facility.
This week artificial intelligence (AI)-driven energy storage services provider Stem said that it had formed a partnership with New York-based private equity company Syncarpha Capital to build 28.2 megawatt-hours (MWh) of large-scale storage projects co-sited with solar in Massachusetts.
EON SE is now supplying all of its 3.3 million residential customers in Britain with 100% renewable electricity, the first of the U.K.’s “Big Six” utilities to do so.
According to a review by the SUN DAY Campaign of data just released by the Federal Energy Regulatory Commission (FERC), within the past month, the agency has dramatically revised its three-year forecast for changes in the U.S. electrical generating capacity mix. Sharp declines are foreseen for fossil fuels and nuclear power while accompanied by even stronger growth in renewable energy (i.e., biomass, geothermal, hydropower, solar, wind) than earlier projected.
In April 2019, in the heart of coal country, Indiana regulators rejected a proposal by its electric and gas utility, Vectren, to replace baseload coal plants with a new $900 million, 850 megawatt (MW) natural gas-fired power plant. Regulators were concerned that with the dramatic decline in the cost of renewable energy, maturation of energy storage and rapidly changing customer demand, such a major gas plant investment could become a stranded, uneconomic asset in the future. Regulators are now pushing Vectren to consider more decentralized, lower-carbon resources such as wind, solar and storage that would offer greater resource diversity, flexibility and cost effectiveness.
Chinese solar company Hanergy Thin Film Power Group has won a deal to build the first solar PV plants in the Democratic Republic of Congo.
Alabama is ranked 13th in the nation as having the greatest solar potential, yet only 0.26% of its energy comes from solar, leaving the state far behind others when it comes to total installed solar capacity. According to an annual report produced by the Solar Energy Industries Association (SEIA), Alabama ranked 29th in the United States for solar production in 2018. Solar in the Southeast, a blog dedicated to highlighting the ever-growing southeastern solar market, reported Alabama as ranking dead last in the seven-state southeastern region. By failing to adopt more solar, and other clean energy technologies, Alabama is missing out on lower energy prices, increased jobs in the solar economy, cleaner air and water, and a more resilient power infrastructure that protects our communities.
The Clean Power Alliance (CPA) has signed three long-term power purchase agreements, including two new solar projects and one existing small hydro project.
Dominion Energy has begun construction on the Coastal Virginia Offshore Wind (CVOW) project, which will feature two 6-MW wind turbines and power about 3,000 homes.
Commercial property owners with existing energy storage systems, or owners considering implementing an energy storage system, may be able to benefit from a recent order by the Massachusetts Department of Public Utilities (DPU) allowing utility companies to pay customers who agree to rely upon their energy storage systems and dispatch the energy during peak events.
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