Author / Calvin Cao
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E.ON Pilots Efficiency Funding Scheme for UK Consumers
Integrated energy company E.ON and BNP Paribas Personal Finance are piloting a new energy efficiency financing scheme for UK consumers. Source: Renewable Energy
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Astaldi receives stop work order for 824-MW Muskrat Falls hydro project in Canada
Nalcor Energy has issued a stop work order to Astaldi Canada Inc., the main contractor on its 824-MW Muskrat Falls hydro project, and is arranging for the company’s about 500 workers in Labrador to return home. Source: Renewable Energy
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New Partnership Explores V2G Solutions for Europe
Last week San Diego-based Nuvve Corporation and European-based EDF Group announced a strategic partnership that will leverage Nuvve’s expertise in vehicle-to-grid (V2G) technologies in support of EDF Group’s Electric Mobility Plan on “smart charging.” Source: Renewable Energy
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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. Source: Renewable Energy
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Industry and Academia Partner To Train Next Generation of Digital Grid Experts
Last week, Siemens and Case Western Reserve University (CWRU) announced a new new academic partnership that they say will provide students with the skills needed to operate and advance the nation’s energy grid. Source: Renewable Energy
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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. Source: Renewable Energy
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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. Source: Renewable Energy
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Global Electrification Goals Are Driving Microgrid Market
According to the Microgrid Market Growth Potential – Industry Size Outlook Report 2024, the microgrid market is expected to reach $19 billion by 2024, nearly five times the original valuation of this business space in 2016. Source: Renewable Energy
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Denmark Does U-Turn on Electric Cars to Reach Fossil-Free Future
Denmark plans to postpone tax increases on electric vehicles as part of a slew of new measures the government is seeking to consolidate the country’s reputation as a “green pioneer” and help it achieve its climate goals. Source: Renewable Energy
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Cybersecurity Pact for Europe’s Energy Sector
A European cybersecurity pact has been agreed that is intended to make “the tools of the energy transition safe for citizens and secure for providers”. Source: Renewable Energy