Author / Calvin Cao
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SoCal Edison Selects esVolta for Energy Storage Projects
The projects, which are pending approval by the California Public Utilities Commission, include the Wildcat Energy Storage project (3 MW/12 MWh) near Palm Springs and the three Acorn Energy Storage projects (total combined capacity of 6.5 MW/26.5 MWh) in Thousand Oaks. Source: Renewable Energy
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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. Source: Renewable Energy
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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. Source: Renewable Energy
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8 Things You Need to Know About the IPCC 1.5˚C Report
While all countries committed under the Paris Agreement to limit global temperature rise to 1.5˚C-2˚C (2.7-3.6˚ F), major questions remained: How can the world achieve this temperature goal? And what happens if it doesn’t? Source: Renewable Energy
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Drax to Buy U.K. Hydro and Gas Plants from Iberdrola in Coal Shift
Drax Group Plc agreed to buy some of Iberdrola SA’s power plants for 702 million pounds ($923 million), boosting its clean energy assets in a further shift away from burning coal. Source: Renewable Energy
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IRENA: Egypt Could Meet Up to 53 Percent of Electricity Demand with Renewables
Egypt has the potential to meet up to 53 percent of its electricity from renewable sources by 2030, according to a new report by the International Renewable Energy Agency (IRENA). The Egypt Renewable Energy Outlook, released in Cairo last week in the presence of Egyptian government officials and regional decision makers, found that pursuing higher…
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Centrica says distributed energy tech could slash UK emissions
The UK could meet a significant slice of carbon emissions’ target if it more widely deployed distributed energy technologies. Source: Renewable Energy
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Toward the Digital Power Plant: Siemens and Bentley Close the Gap on Design, Build, Operate and Maintain
This week in London to kick off the Year in Infrastructure event, Siemens and Bentley Systems announced a further integration of their respective platforms with the combination of Bentley’s and Siemens’ asset performance management (APM) software capabilities. The companies say that the integration will allow power plant owners to take full advantage of digitalization, which…
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IEA: World Could Install 1.3 TW of Clean Energy by 2023
The world could install more than a trillion watts of renewable power over the next five years, more than the entire current generation capacity of the European Union. Source: Renewable Energy
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Renewable Hungry Companies need to get on the RTO ASAP
The report by recently rebranded Wind-Solar Alliance points out that more than 100 U.S. corporate buyers —members of the Renewable Energy Buyers Alliance — have set a goal of purchasing 60 GW of new U.S. renewable energy capacity by 2025. So far, since 2013, the companies have procured just over 13 gigawatts of renewable power. Source: Renewable…