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By Sarah Casey, Portfolio Director, Climate Council Applying a climate lens to investing is, today, not an unfamiliar notion. Given that “environmental” is a central pillar of ESG (environmental, social, and corporate governance), reporting on climate and integrating it into business and investment decisions has had a lot of attention in recent years. Investing with…

Anchored by $20 billion in infrastructure funds, the U.S. Department of Energy (DOE) announced a new Office of Clean Energy Demonstrations. The office is being created to help stand up projects in clean hydrogen, carbon capture, grid-scale energy storage, and small modular reactors, among other technologies. Billions of dollars are expected to go toward demonstration projects in…

Two California solar projects have the green light from the U.S. Bureau of Land Management. The Arica and Victory Pass solar projects are located on federally owned land in Riverside County east of Los Angeles. Combined they could generate up to 465 MW of power and up to 400 MW of battery storage. The Bureau’s…

Lightsource bp closed on a $376 million multi-project financing package and mobilized construction on its 293 MWdc Sun Mountain solar project in Pueblo, Colorado, and its 173 MW Bellflower Solar project in Indiana. Lightsource bp will build, own and operate the Colorado solar facility and deliver the energy it generates to Xcel Energy under a long-term…

(Sponsored Content) By Electrum sp. z o.o. The energy transformation is gaining momentum, and the “green revolution” is becoming a fact. For Europe, 2020 represented a historic year for renewable energy sources. In the European Union, the rate of electricity generation from renewable energy sources amounted to 38%, ahead of fossil fuels (37%), and nuclear…

The U.S. Department of Energy (DOE) announced another $100 million for projects with new technologies to help reduce emissions, increase energy efficiency and modernize the grid. The funding comes from the DOE’s program — Seeding Critical Advances for Leading Energy technologies with Untapped Potential (SCALEUP).  Projects selected for funding must be considered feasible for widespread…

The U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) and Sandia National Laboratories, along with the Australian Solar Thermal Research Institute, launched a Heliostat Consortium (HelioCon), an international effort to drive down the cost of heliostats. Heliostats are a key component of concentrating solar-thermal power (CSP) technologies. NREL said that CSP with low-cost thermal energy…

By Matthew Brown (Associated Press) BILLINGS, Mont. (AP) — U.S. officials announced approval December 21 of two solar projects in California and moved to open up public lands in three other Western states to potential solar development, as part of the Biden administration’s effort to counter climate change by shifting from fossil fuels. The U.S.…

An energy storage system set to be the largest ever built in the Netherlands is to be co-located with wind and solar assets in a microgrid at Wageningen University & Research test center in Lelystad. The project will store the equivalent of the annual energy consumption of more than 9000 households a year and will…

Lockheed Martin said it will invest $9 million toward the construction of a Canadian solar and storage project, in conjunction with $10 million from the Government of Alberta. TC Energy’s Saddlebrook Solar + Storage Project includes a solar generating facility that is expected to provide up to 102.5 MW of power, or enough electricity to…