Author / Calvin Cao

Follow @EngelsAngle</scrip By matching energy consumption with clean energy produced elsewhere on the grid, power purchase agreements have allowed corporations to take action to address the current and future risks posed by climate change. But, in some cases, there’s an opportunity to go beyond the PPA, and more effectively decarbonize the grid through hourly load…

David Cash, University of Massachusetts Boston The Biden administration has announced ambitious plans to scale up leasing for offshore wind energy projects along the Atlantic, Gulf and Pacific coasts. In an announcement released on Oct. 13, 2021, the U.S. Department of the Interior stated that it will “use the best available science as well as…

If you want to follow the money in the energy sector, the trail might lead you straight to a battery storage project, according to venture capital data so far this year. A new funding, mergers and acquisition report by Mercom Capital counted some $11.4 billion raised in corporate funding for battery storage in 2021’s first…

Follow @EngelsAngle</scrip Stripping the Clean Electricity Performance Program from a historic climate bill being considered by Congress would eliminate more than a third of potential emissions reductions, new analysis shows. Sen. Joe Manchin (D-WV) has informed the White House that he won’t support the CEPP — the carrot and stick mechanism designed to accelerate clean…

Follow @EngelsAngle</scrip INEOS, the world’s third-largest chemicals company, will invest $2.3 billion in green hydrogen projects across Europe over the next 10 years, the company announced this week. The first green hydrogen plants will be built in Norway, Germany, and Belgium with projects also planned for the UK and France. INEOS is already Europe’s largest…

Follow @EngelsAngle</scrip More than 90 wind energy companies and associations from around the world called on leaders to take decisive action in pursuit of net-zero carbon emissions goals ahead of the COP26 United Nations climate summit next month. Vestas, Siemens-Gamesa, Goldwind, Enel, and EDP Renewables are among the signatories of a manifesto by the wind…

The U.S. Coast Guard will build its first battery energy storage system (BESS) with its also first-time microgrid at a training center in California. The Coast Guard selected Ameresco to provide energy savings performance contract (ESPC) services at Training Center Petaluma. The $43 million contract centers around the USCG’s first BESS and the U.S. Department…

Highland Electric Fleets announced this week what it called a “historic breakthrough for local clean energy” in which an electric school bus in Beverly, Massachusetts successfully delivered power back to the electricity grid for more than 50 hours over the course of the summer. This is the first time an electric school bus has been…

Follow @EngelsAngle</scrip Ørsted, EDF Renewables, bp, Shell, NextEra Energy, RWE Renewables, and EDP Renewables all submitted comments for the Federal Energy Regulatory Commission’s Advanced Notice of Proposed Rulemaking on transmission planning, grid upgrades, and interconnection to support the clean energy transition. Giants of the renewable energy industry called for urgent transmission and interconnection reforms, as…

Follow @EngelsAngle</scrip Corporate funding of the solar industry — including venture capital, public market, and debt financing — increased 190% globally through the third quarter of 2021, according to new analysis by Mercom Capital Group. The report details 112 deals worth $22.8 billion in total corporate funding in the first nine months of 2021. There…