HSBC Pension Pledges $329 Million Investment in Green Energy
HSBC Holdings Plc’s pension manager plans to invest 250 million pounds ($329 million) of its pension scheme into renewable energy infrastructure for wind and solar in the U.K., joining around 30 other firms making similar climate change pledges.
Walmart Procures 233-MW Wind-Energy PPA from EDP Renewables
The deal with Bentonville, Arkansas-based Walmart includes three wind farms—all developed, owned and operated by EDP Renewables—in the states of Illinois and Indiana.
Voith and Siemens to collaborate on hybrid plants that include hydropower
Voith Hydro Holding GmbH & Co. KG and the Siemens Energy Management Division have signed a letter of intent for collaborating on appropriate hybrid power projects containing hydropower.
Energy Storage in California is About to Get MUCH Cleaner. Here’s How.
California recently joined other leading states, provinces, cities, and corporations around the world by setting an ambitious 100 percent carbon-free electricity target. It’s a landmark, not because California was the first, but because it is the biggest. The state ranks as the fifth-largest economy in the world.
Could Sustainable Clean Energy Securitization Save the Planet?
The financial instrument that nearly collapsed the global economy is being re-engineered to create a new market with a lofty goal: to save the planet.
Regulations, Not Resource Determine Wind Energy Costs in Northern Europe
Regulations governing the construction of wind farms vary considerably between countries. Indeed, these differences can have a stronger impact on generation costs than differences in wind resources. In the future, northern European cross-border renewable energy auctions should take diverging regulatory conditions into account, a new study argues.
ISO-New England Offers Preview of Pending Energy Storage Market Changes
Excitement over storing electricity, and expectations for new market rules in the U.S. promise great changes in energy. Instead of hype and speculation, this blog offers a preview of those market changes. For those who are waiting for FERC Order 841 to sort things out, ISO-New England has published something you might want to see.
How Edge Analytics Will Usher in a Renewable Future
Despite the U.S.’s withdrawal from the Paris Climate Accord, state governments and corporations alike continue to look to renewable energies to power our future. Similarly, the European Union has adopted a series of initiatives aimed at cutting greenhouse gasses, improving energy efficiency, and producing more power from renewable sources by 2020 to meet its climate and energy targets. Even in developing countries strapped for resources, solar panels now line rooftops of buildings in a drive to combat reliance on imported energy and oil.
Partnership Provides a Better Way to Buy Renewable Energy
It would be difficult to overestimate the impact that corporate procurement of renewable energy, primarily through power purchase agreements (PPAs), has had on the overall renewable market. In less than a decade, renewable energy created from corporate PPAs went from zero to more than 13 gigawatts in the U.S. alone. Microsoft is one of the largest players in this market, beginning with a 110-megawatt wind project in Texas in 2013 to a portfolio of more than 1.2 gigawatts in six states and three continents.
What Can We Learn from Failed Renewable Energy Crowdfunding Initiatives?