Over R130 billion (roughly US$10 billion) is spent on energy products such as charcoal, kerosene and candles across Africa annually. However, the work being done in South Africa with solar power means that number could drop drastically over the next decade or two.
At the storage industry matures, larger companies are starting to purchase some of the original start-ups. Earlier this year, Enel Green Power scooped up Demand Energy and Ormat purchased Viridity and in 2016, GE Ventures bought a stake in Sonnen.
This week news that Finland-based WÃ¤rtsilÃ¤ agreed to acquire the California-based start-up Greensmith Energy Management Systems is another sign of the energy storage sector’s promise for the future.
Vulnerabilities in the power grid are one of the most prevalent national security threats. The technical community has called for building up the resiliency of the grid using distributed energy and microgrids for stabilization.
Companies led by SoftBank Group Corp. of Japan and Taiwan’s Foxconn Technology Co. Ltd. are bringing India some of the cheapest solar power in the world, helping Prime Minister Narendra Modi reach his ambitious clean-energy goals.
Calls from the industry and utilities including Vattenfall AB for Germany to auction more offshore wind blocs are unlikely to fall on sympathetic ears until voters elect a new parliament.
ESCO Technologies Inc. has acquired NRG Systems, Inc. (NRG), doing business as Renewable NRG Systems, located in Hinesburg, Vt. NRG, founded in 1982, provides design and manufacture of decision support tools for the renewable energy industry, primarily wind.
More than 200 guests were on hand today as Swiss utility Alpiq inaugurated the expanded 480-MW Forces Montrices Hongrin-Leman pumped storage hydroelectric plant.
Kansas utility Westar Energy recently signed an agreement that will provide commercial and industrial entities access to power purchase agreements for a 250-MW wind farm project.
The Maryland Public Service Commission, in a May 11 decision, awarded offshore wind renewable energy credits (OREC) to two projects to be built off the coast of Maryland.
Figures for the deployment of utility-scale renewable energy projects in the U.S. over the past decade are truly breathtaking. Installed utility-scale wind power capacity in the U.S. has increased nearly sevenfold since 2007, reaching a cumulative level of more than 80,000 MW in 2016. Deployment of utility-scale solar has been even more impressive, reaching a cumulative level of more than 10,000 MW in 2016 from less than 160 MW in 2007.
AVANGRID Inc. subsidiary Avangrid Renewables has acquired a 50 percent ownership stake in Vineyard Wind, the offshore wind energy developer that is part of the Copenhagen Infrastructure Partners portfolio.
If you thought California’s lead as an energy storage market might fade in the face of upstarts such as Australia or Germany, then think again. Recent moves might see new gigawatts of capacity being installed across the state by 2020.
PACE financing, or Property Assessed Clean Energy, started out about 10 years ago as a financing mechanism for residential solar. Basically, the cost of the solar system is repaid over a 5- to 20-year timeframe as a part of the building’s property taxes.
Geothermal energy is safe, reliable, and resides just beneath our feet. It can help meet U.S. energy demands by supplying power to our electric grid and can even be used to heat and cool homes and businesses.
Amidst harsh price wars in the solar module maker space, Germany-based SolarWorld AG said in a statement that the company is bankrupt. The company statement said that “ongoing price erosion” and mounting debts have resulted in a negative prognosis for the company and that the board members will immediately file for insolvency.
It is unclear what will happen to the company’s affiliates, including the US-based operation based in Oregon.
Tesla is opening up its online store for its solar roof tiles Wednesday, Elon Musk said in a message on Twitter. More details—presumably including pricing—will be disclosed shortly.
US-based solar PV module manufacturer, Seraphim Solar, announced last month that it is on target for its planned Phase 2 expansion, which would add 200 MW of manufacturing capacity to its existing 160-MW facility.
In addition, the company said that its high-efficiency, 60-cell solar modules, designed for the residential distributed generation market, are available for purchase in addition to its 72-cell module offering.
The company’s rapid growth rate significantly contributes to the local and national economy, and continues to provide more jobs for Americans, said Seraphim. The company is partnered with the city of Jackson, Mississippi to recruit employees and local companies.
The U.S. Bureau of Land Management yesterday issued an environmental assessment with a proposed action that, if approved, would allow Ormat Technologies to move forward with its Dixie Meadows geothermal utilization plan.
As the debate over use of fossil fuels vs. renewables to generate electric power ratchets up, we can only hope that Washington will continue to support storage battery technologies. Budget cuts to groups like the U.S. Department of Energy — especially its Advanced Research Projects Agency-Energy — could be devastating.
Finding a new job can be tough. One way to maximize your odds is to look for opportunities in clean energy. It’s one of the fastest-growing, most innovative sectors of our economy.