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 profit and spurred gloomier market outlooks from wind machinery makers from General Electric Co. to Vestas Wind Systems A/S.
Digital Future Carries the day at Schneider Electric Innovation Summit
And CEO Jean-Pascal Tricoire, the French CEO of Schneider Electric, said it was fitting to focus so much on digital in North America. “This is the birthplace,” he said in the opening keynote at the Hilton Atlanta downtown. “This is where it all started.”
ENGIE Signs 25-year Solar Deal in Senegal
ENGIE has signed a 25-year power purchase agreement for two solar photovoltaic projects in Senegal, Africa.
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”.
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 9 to the Federal Energy Regulatory Commission (FERC) urging commissioners to consider the benefits to the entire country of one unified electricity grid.
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 economic development in California and help the state achieve ambitious decarbonization and climate change goals.
Utilities Offering Community Solar Programs Can Consult New Checklist to Ensure Success
Coming on the heels of Salt River Project’s announcement that it will procure up to 1 GW of solar capacity by 2025 and will seek to offer some community solar projects to its customers, this week two organizations released a new checklist intended to help regulators and interested stakeholders evaluate and improve community solar across the country.
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.
PG&E's Wildfire Crisis Could Impact California's Ambitions Clean Energy Targets
California’s ambitious drive to combat climate change may hinge on the fate of its biggest utility owner.
Putting PURPA Under a Microscope