Category / News
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Energy Absolute Plans Thai 'Gigafactory' to Seize Battery Storage Market
A Thai-based renewable energy technology company, Energy Absolute, plans to invest $3 billion in a battery ‘gigafactory’, hedging on Southeast Asia’s uptake of electric vehicles and smart grids. Source: Renewable Energy
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How Wind and Hydro Power Plus Energy Storage Are Paving the Way to 100 Percent Renewables in Alaska
While most of the world struggles with stabilizing renewables on the grid, a small island in Alaska has it all figured out. Kodiak Island, a place where you’ll find a self-sufficient community encircled by expanse wilderness, is known for its wild bears, its fish processing industry, and — of most interest to those in the…
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Acquisition Action in the Solar Asset Management and Monitoring Space
Last week renewable energy monitoring, controls, and asset management providers AlsoEnergy and skytron energy announced a merger. In addition, AlsoEnergy said that it was acquiring the assets of floundering Draker and will honor and support the contracts for the 2 GW worth of solar assets that Draker had been monitoring for its customers. Source: Renewable…
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Report: Solar Downstream Companies Grab a Large Portion of VC Funding in Q2 2018
Total corporate funding (including venture capital funding, public market, and debt financing) into the solar sector in Q2 2018 rose 12.5 percent quarter-over-quarter to $2.8 billion from the $2.5 billion raised in Q1 2018, according to a report by Mercom Capital. Source: Renewable Energy
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AEP Kills Plan for Largest U.S. Wind Farm After Texas Rebuff
American Electric Power Co.’s $4.5 billion Wind Catcher project was done in by shaky economics, and may become a teaching moment for other developers planning big clean-energy projects. Source: Renewable Energy
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900-MW Wind Farm to Power Bitcoin Mining Operation
The rise of cryptocurrencies as assets attractive to fund managers is breathing life into a spit of land the size of Manhattan located on the southern coast of Morocco. Source: Renewable Energy
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Gas 'Peakers' Seeing New Life as Temps Increase and Renewables Fluctuate
Europe’s heat wave is hastening the rise of the “peaker,” a natural gas-fired power plant that can switch on and off quickly and runs only when there’s high demand. Source: Renewable Energy
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Dominion Energy Files 1st Plan under Grid Transformation & Security Act
US utility Dominion Energy has filed grid modernization plans with the Virginia State Corporation Commission. Source: Renewable Energy
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If You Are Part of the US Energy Storage Industry, Your Regional ISO Should Know You
Back in January, the Federal Energy Regulatory Commission (FERC) approved a new rule that applies to energy storage projects. Known as Order 841, the rule allows energy storage to participate in wholesale energy markets for the first time ever. Many in the industry believe that this move could be a “game-changer” for energy storage. Source:…
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U.S. Government Has $4.5B to Lend to Renewable Energy Project Developers
Michael Reed, Director, Technical and Project Management Division at the U.S. Department of Energy is eager to put the money he has in his budget to work building out the next generation of large renewable energy projects. Source: Renewable Energy