Category / News
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Clean energy stock deflation and Biden’s infrastructure plan
Last month saw buying opportunities in some clean energy stocks as the bubble created from the euphoria over Biden’s election vanished as if it never happened. Clean energy stocks have simply returned to the general upward trendline from the second and third quarter of 2020. Rather than bursting in a market panic, this seems to have been…
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U.S. Department of Energy announces Groundbreaking Hydro Prize winners
The U.S. Department of Energy’s (DOE’s) Water Power Technologies Office (WPTO) has announced two winners of the Groundbreaking Hydro Prize, which challenged innovators to come up with new solutions to support hydropower project development by starting at square one — the foundation. The foundation of a hydropower system provides structural stability, which is essential to…
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FERC should reject MISO extension request for electric storage resource
On March 4, MISO filed a request to extend the deadline to implement a market participation model for electric storage resources at FERC. This new request moves the implementation date from June 2022 to March 2025. FERC should reject this request because the benefits of keeping wholesale rates just and reasonable with storage participation outweigh…
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The gas industry is trying to halt building electrification — let’s not let them succeed
By Brynn Furey To repower our society with 100 percent renewable energy, we need to electrify our buildings. With electricity, we can hook our buildings up to a green grid that will eventually get all of its energy from the sun, the wind and the Earth. As they work to repower with clean energy, forward-looking…
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Global wind industry to deploy 1 TW of new capacity through 2030
Research firm Wood Mackenzie says it anticipates the global wind power industry will install 1 TW of new capacity between 2021 and 2030. The world set a new record in wind installations in 2020 and saw a number of national and regional targets set for 2030, underscoring the important role of wind technology in the…
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Virgin Group company to restore damaged 6.4-MW solar facility on St. Thomas
BMR Energy, a Virgin Group company and developer, owner, and operator of clean energy projects in the Caribbean and Latin America, announced today that it is starting construction of the 6.4-megawatt (MWp) Donoe Solar farm on St. Thomas. The facility is expected to be completed and enter service in the fourth quarter of this year…
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Move over, corn and soybeans: The next biofuel source could be giant sea kelp
By Diane Kim, USC Dornsife College of Letters, Arts and Sciences; Ignacio Navarrete, USC Dornsife College of Letters, Arts and Sciences, and Jessica Dutton, USC Dornsife College of Letters, Arts and Sciences The Research Brief is a short take about interesting academic work. The big idea Giant kelp, the world’s largest species of marine algae,…
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Akuo acquires five small hydroelectric plants in Bulgaria
Akuo, an independent renewable energy power producer and developer, announces that it has completed the acquisition of five small hydroelectric plants in Bulgaria with total installed capacity of 15.5 MW. Akuo purchased the plants, on the Iskar River near Svoghe, from PVB Power Bulgaria. These assets, whose names were not disclosed, have been operational since…
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Holy Cross Energy and Colorado Mountain College to benefit from new solar + storage project
This week Ameresco announced a new partnership with Holy Cross Energy (HCE) for a solar and battery energy storage project, which will use land leased from Colorado Mountain College at its Spring Valley Campus. Holy Cross Energy signed a PPA with Ameresco which means Ameresco will design, build, operate and maintain the facilities and sell…
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Blue Ridge Energy is building an 11-MW solar array for members
Blue Ridge Energy, a member-owned electric cooperative serving northwest North Carolina, said it picked Oriden LLC to develop an 11-MW solar project as part of its Brighter Future initiative. This project will provide a local generation source and allow Blue Ridge Energy to work towards its goals of achieving a 50 percent reduction in carbon…