Green Power Network News
U.S. wind power capacity increased 8% in 2018 to 96,433 MW of installed capacity — more than double the capacity in 2010, according to the U.S. Wind Industry Annual Market Report, Year Ending 2018.
Climate change is picking up pace in Europe, thrusting farmers and power generators onto the front lines of a battle with nature that threatens to upend the lives of the half billion people who occupy the world’s biggest trading bloc.
As states consider the compatibility of utility-scale solar projects on farmland, Michigan Gov. Gretchen Whitmer’s administration is revisiting a state policy that the industry says has acted as a barrier.
Solar developer Renewable Properties said it broke ground yesterday on a 3-MW solar array that it is building in Napa County. Marin Clean Energy (MCE), California’s first community-choice aggregator (CCA) will purchase the energy produced by the array, called the American Canyon Solar Project, through a 20-year power purchase agreement (PPA).
Just after the midnight hour of New Year’s Eve 2020, more than confetti will be abandoned on America’s sidewalks and parlors. Somewhere around $130 million dollars of Investment Tax Credit (ITC) from that year’s anticipated Commercial & Industrial solar projects will fall out from any hope of reaching the proverbial pocket books of the nation’s infrastructure investors (assuming 2000MW of C&I and Community solar, and a $2/w installation cost). On 1/1/20, the ITC drops to 26 percent, a first step to further decrease the following year.
Mercom Capital Group released its report on funding and merger and acquisition (M&A) activity for the global solar sector in the first quarter of 2019 and found that total corporate funding (including venture capital funding, public market, and debt financing) into the solar sector in Q1 2019 came to $2.8 billion. Year-over-Year (YoY) funding in Q1 2019 was about 10 percent higher compared to the $2.5 billion raised in Q1 2018.
Genex Power Limited has secured all environmental approvals required to develop the 250-MW Kidston Pumped Storage Hydro Project (K2-Hydro).
Clean industry leaders celebrated the passage of the Clean Energy Jobs Act (CEJA) by state lawmakers yesterday. The bill now goes to the governor’s desk for signature.
Recently there has been a great deal of interest in a ‘Green New Deal’ for the United States. It is seen as a way to solve pressing environmental, employment and economic problems with a single comprehensive plan. Modeled on Roosevelt’s New Deal, which created jobs, invested in large infrastructure projects, and pulled the US out of the Great Depression, the Green New Deal is a modern version of that program, but with green energy investments, 21st century job training, and deficit reduction as the key components.
Two years after Britain had its first coal-free day since the Industrial Revolution, the nation’s network operator is readying itself for life without any fossil fuels.
Hawaii Electric has named OATI as the supplier of grid services which will work closely with the utility and the members of the Energy Alliance to connect DERs with the main grid.
Amazon.com announced today that it plans to purchase the energy produced by three new renewable energy projects as part of its long-term goal to power all Amazon Web Services (AWS) global infrastructure with renewable energy. These projects – a 91.2-MW wind farm in Donegal Ireland, a 91-MW wind farm in BÃ¤ckhammar, Sweden, and a 47-MW wind farm in Tehachapi, California – will deliver an expected 670,000 megawatt-hours (MWh) of renewable energy annually.
MAN Energy Solutions, VERBUND and New Brunswick Power are all experimenting with zero-carbon hydrogen as a future fuel source. Mitsubishi Hitachi Power Systems is also considering the alternative.
There are a total of about 530,000 potentially feasible pumped hydro energy storage sites worldwide, with a total storage potential of about 22 million GWh. These astonishing numbers come from a report recently released by Professor Andrew Blakers and other researchers with Australian National University’s RE100 Group.
On Thursday, US Congressman from Pennsylvania Mike Doyle introduced a bill that would establish a federal investment tax credit (ITC) for energy storage. The legislation would allow energy storage project developers, both commercial and residential, to receive a 30 percent tax credit for large-scale, commercial-scale and residential-scale storage projects through 2021.
The viability of electric vehicles depends in part on a manufacturing plant in eastern Australia, where gleaming white cabinets the size of large refrigerators are loaded onto shipping crates. They’re among the most advanced car chargers available, promising to deliver a full tank of juice in minutes.
Through its exclusive distributor in China, Puxing Energy, NEC developed two 9-MW battery facilities providing frequency regulation for the Hang-Jin and Feng-Run power plants located in Ordos City, Neimongol Province and Tanshan City.
Yesterday, the Global Wind Energy Council (GWEC) unveiled the 14th edition of its Global Wind Report, which it says has been completely revamped.
Over the past week, the U.S. Department of Energy (DOE) has announced multiple funding opportunities to renewable energy research including $130M for early-stage solar and $28M for wind. Further, the National Offshore Wind Research and Development Consortium announced up to $7M in funding for offshore wind.
ENGIE has inaugurated its first mini-grid in Zambia which will bring electricity for the first time to a village pf 1500 people.