Day: February 4, 2019
Gravity-Based Energy Storage Hits the Market
Earlier this month, Energy Vault, an Idealab company, announced the commercial availability of its energy storage solution that is based on the principles that underpin traditional gravity-based pumped hydro plants.
Solar and Wind Now the Cheapest Power Source Says BloombergNEF
Unsubsidised solar and onshore wind are now the cheapest source of new bulk power in all major economies except Japan thanks to falling technology costs.
California CCAs Double Renewable Energy Commitment, Adding 1 GW Capacity, in One Year
The California Community Choice Association (CalCCA) announced this week that community choice aggregators (CCAs) in the state have signed long-term contracts with new renewable energy facilities totaling more than 2,000 MW (2 GW), reflecting a strong commitment by CCAs to drive clean energy and…
Governors Urge FERC To Consider the Renewable Benefits of One Unified Electricity Grid
The so-called “Seams Study” conducted by NREL and presented at POWER-GEN International in December 2017 during a session called #RocktheGrid is the basis of a new proposal put forth by a group of 18 U.S. governors. The bipartisan Governor’s Wind and Solar Energy Coalition sent a letter on November…
Electricity is the ‘New Fuel of Choice’ Says IEA
According to the International Energy Agency, “2018 is the year of electricity” and global electricity supply “is being transformed by the rise of renewables”.
Wind Turbine Manufacturers Hit Turbulence
The shakeout in wind turbine manufacturing industry is starting to produce winners and losers after increasing competition gutted margins. Wind is one of the lowest-cost forms of energy generation and getting cheaper, with turbine prices down more than 50 percent in the past decade. That has hurt…
Mixed Results for Renewable Energy Agenda in the 2018 Midterms
Clean energy is usually never a central focus of the ballot but was a high priority for voters this election. Here's a recap of the most critical results affecting renewable energy.
ENGIE NA Starting Kansas Wind Project under PPA with Brown-Forman
ENGIE North America has made a $228 million investment in the East Fork project, the second phase of the Solomon Forks Wind project under construction. Together, the two will generate 472 MW of clean energy to Brown-Forman Corp. under a PPA.
Dominion Energy Launches Green Bonds Program
Dominion Energy on Friday said that it had closed its inaugural offering of green bonds. The $362 million in privately placed bond proceeds will be used to reimburse Dominion Energy for previously deployed capital related to the acquisition, development and/or construction of 20 merchant solar…
Putting PURPA Under a Microscope
A 40-year-old law that’s been key to the growth of renewable energy in the U.S. may be due for an overhaul.