Renewable Energy News
The Redford Center, a California-based non-profit co-founded in 2005 by Robert Redford and his son, James, announced that every morning, from April 15-22, 2019, the organization will post an episode a day of "Renewable Therapy for Climate Anxiety," a conversational mini-series featuring Filmmaker, James Redford, and Matthew Nordan, clean energy investor and managing partner at MNL Partners. In each two-minute installment, the pair explores questions that nag environmentalists when it comes to renewable energy. Watch the first episode below.
Experiments have shown the ability to store ten-times the capacity of water, and for months on end. It is hoped the technology will help overcome any weather-related fluctuations in renewable generation from wind or solar.
Saudi Arabia will become a regional heavyweight in windpower by the early 2020's, according to new research.
kWh Analytics, a leader in solar risk management, this week announced the first refinancing supported by the Solar Revenue Put. The portfolio of 41 projects, owned by AES, totaling approximately 28 MW DC of capacity is located in Arizona and Massachusetts. The portfolio is being funded by Silicon Valley Bank and a Japanese financial services company. Swiss Re Corporate Solutions, a leading global corporate insurer, is providing capacity for the Solar Revenue Put.
Global manufacturer Apple today announced it has nearly doubled the number of suppliers that have committed to run their Apple production on 100 percent clean energy, bringing the total number to 44. Because of this partnership between Apple and its suppliers, Apple will exceed its goal of bringing 4 gigawatts of renewable energy into its supply chain by 2020, with over an additional gigawatt projected within that timeframe.
Cities and renewable electricity have, respectively, become the habitat and energy of choice globally. The two are increasingly inseparable. Urbanization and electrification trends have turned cities and the grid into leading platforms for human activity, presenting unique opportunities for today’s utilities to partner with municipalities to achieve their smart city goals.
The executive directors of the World Bank have selected David R. Malpass to be the new president of the World Bank Group, for a five-year term that began April 9.
Enel Foundation has signed a landmark agreement to become the exclusive Global Knowledge Partner of the 2019 Clarion Power and Energy series of events.
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.