Category / News
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Why 2021 could be the perfect year to deploy your solar portfolio
By Shaun Laughlin and Frank Teng Grouping solar projects into larger portfolios is certainly not a new practice. After all, placing smaller projects into larger project groups is often the only way some smaller projects can find financing. It can also save funding organizations money because it can rationalize costs by allowing companies to purchase…
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Solar and wind’s competitiveness over coal is accelerating, analysis shows
by Kathiann M. Kowalski, Energy News Network Roughly four-fifths of U.S. coal plants are either scheduled to close by 2025 or now cost more to operate than new nearby solar or wind power would, new research shows. The May 5 analysis comes from Energy Innovation: Policy & Technology, based in San Francisco. The work highlights…
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EU approves €400 million aid scheme to develop renewables in Denmark
The European Commission has approved, under EU State aid rules, a Danish aid scheme to support electricity production from renewable sources: onshore and offshore wind, wave power plants, hydroelectric power plants and solar PV. The measure will help Denmark reach its renewable energy targets without unduly distorting competition and will contribute to the European objective…
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Developer eyes economically distressed communities in rural Indiana for up to 1.6 GW of solar capacity
Hoosier Solar Holdings said last week that it is developing solar power facilities in economically distressed, rural communities across Indiana that have been designated as Qualified Opportunity Zones. Several solar and battery storage projects that collectively have a potential capcity of more than 1,600 megawatts (1.6 GW) are currently in active development, said the company. Many…
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IRENA members commit to advance the global hydropower fleet
Members of the International Renewable Energy Agency and private sector representatives are joining forces to modernize and refurbish the existing hydropower fleet around the globe. This is one of the results of the third meeting of the Collaborative Framework on Hydropower organized by IRENA, which aims to expand collaboration and action between the agency’s global…
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US DOE announces $12 Million for enhanced geothermal technology improvement
The U.S. Department of Energy (DOE) last week announced up to $12 million for technologies that can make geothermal systems more efficient for clean, renewable energy production. The funding is designed to help scientists and engineers unlock the full potential of enhanced geothermal power to help tackle the climate crisis and achieve the Biden Administration’s…
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Solar industry employment dropped 6.7% in 2020, new report shows
The U.S. solar industry employed 231,474 workers in 2020, a 6.7% drop from 2019 due to pandemic restrictions and increased labor productivity, according to the National Solar Jobs Census 2020 released today by the Solar Energy Industries Association (SEIA), The Solar Foundation, the Interstate Renewable Energy Council (IREC), and BW Research. On the flip side, total solar installed…
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Enel’s portfolio of renewable projects under construction tops 2 GW
Today, global energy company Enel said that its US renewable subsidiary Enel Green Power North America, has started construction on five new renewable energy projects in the US with a total combined capacity of 1.5 GW. The projects are: Roseland solar + storage, Blue Jay solar + storage, Ranchland wind + storage, Alta Farms wind project, and…
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New tool empowers utilities to reduce emissions in investment planning
By Erin Murphy and Christie Hicks, EDF As the United States moves toward decarbonization, cities and states must use all means available to reduce climate pollution, and natural gas utilities should be at the forefront of this rapid energy transition. Gas utilities are the subject of increasing scrutiny because plans to expand and fortify their infrastructure could lock…
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AES pooling clean energy resources to power Google data centers
Virginia-based AES Corp. will supply nearly carbon-free electricity to power Google’s data centers in the state. The power generator announced it will become sole supplier of the tech giant’s data-center needs for clean energy. Under the agreement AES will start supply later this year. See our interview with AES Chief Operating Officer Bernerd Da Santos…