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  • A 21st-century reinvention of the electric grid is crucial for solving the climate change crisis

    By Charles F. Kutscher, University of Colorado Boulder and Jeffrey Logan, University of Colorado Boulder In the summer of 1988, scientist James Hansen testified to Congress that carbon dioxide from burning fossil fuels was dangerously warming the planet. Scientific meetings were held, voluminous reports were written, and national pledges were made, but because fossil fuels…

  • Offshore wind projects gain federal funding

    The National Offshore Wind Research and Development Consortium (NOWRDC) announced $3.4 million in funding for six new wind projects in supply chain efficiency, asset monitoring, and inspection. Three new supply chain projects are aimed at ensuring quality component production and simplifying transportation of major wind plant components. Recipients include the Electric Power Research Institute for…

  • Swift Current orders 1.2 GW of solar modules from First Solar

    First Solar said that Boston-based Swift Current Energy placed an order for 1.2 GWDC of First Solar’s thin film photovoltaic (PV) solar modules. The modules will be delivered in 2023 and 2024. Terms were not disclosed. The order is the largest to date for Swift Current, which was founded in 2016 and has a pipeline of more…

  • Final contracts clear the way for nearly 2.5 GW of offshore wind

    Equinor and bp finalized Purchase and Sale Agreements (PSAs) with the New York State Energy Research and Development Authority (NYSERDA) for the 1,260 Empire Wind 2 and 1,230 MW Beacon Wind 1, which would be built in offshore waters.  The January 14 signings closed New York State’s second offshore wind competitive solicitation. The contracts were…

  • Pine Gate inks $500m credit facility to fuel solar and storage project growth

    Pine Gate Renewables said that Fundamental Renewables will provide a $500 million credit facility to Pine Gate to fund the initial construction and development of utility-scale solar projects. The facility provides Asheville, North Carolina-based Pine Gate with additional capital to develop and build a range of solar and storage projects across the country. Pine Gate…

  • Silicon Ranch plans 252 MW solar portfolio for Georgia co-ops

    Green Power EMC, the renewable energy supplier for more than three dozen Georgia Electric Membership Corporations, and Silicon Ranch plan to develop 252 MWAC of solar energy capacity to serve 16 subscribing cooperatives across Georgia. The total capacity will be generated from three locations in southern Georgia. Silicon Ranch is funding the three utility-scale solar facilities and…

  • Renewable PPA prices continue to climb as supply tightens

    North America’s most competitive renewable power purchase agreement (PPA) prices rose by 5.9% from 2021 Q3 to 2021 Q4, according to the latest price index series from LevelTen Energy. Prices are trending upward for the third consecutive quarter, according to LevelTen. The market average for solar PPA offers rose 5.7% to $34.25 per MWh, while wind…

  • 10 reasons to reject NEM 3.0 in California

    The California Public Utilities Commission (CPUC) postponed oral arguments on its proposed revisions to the state’s Net Energy Metering (NEM) rules, likely delaying a vote on the draft beyond the current January 27 date. The Commission said the delay would allow all five commissioners to take part in the oral argument phase. The proposed decision was released…

  • Clarion Energy Welcomes David Wagman, Kevin Clark, and John Engel to Esteemed Content Team

    Clarion Energy announced today three new additions to the already acclaimed media content team. David Wagman, Kevin Clark, and John Engel are joining the team to continue to effectively meet the needs of our global customers through a wide range of media outlets. David Wagman joins as the Vice President of Content, managing strategy and direction…

  • Lightsource bp lines up financing for 480 MW of solar capacity

    Lightsource bp said it closed on a $533 million multi-project financing package and started construction on its 345 MW Ventress Solar project some 30 miles northwest of Baton Rouge in Pointe Coupee Parish, Louisiana.  Lightsource bp will build, own and operate the facility and sell the energy to McDonald’s Corp. and eBay Inc. under long-term…