Tag / 8BIT

On Wednesday, March 14, 2018, Fairbanks Morse announced that it has delivered its PoweReliability-as-a-Service platform to a Fortune 500 company in Puerto Rico. The installation provides a dual fuel combined heat and power (CHP) microgrid with approximately 10 megawatts of capacity.   Source: Renewable Energy

Carbon Lighthouse, a San Francisco-based energy-efficiency company, raised $27 million to expand its engineering and marketing efforts. GRC SinoGreen Fund led the oversubscribed funding round and JCI Ventures, SV Tech Ventures and EBay founder Pierre Omidyar’s Ulupono Initiative also participated, according to Carbon Lighthouse Chief Executive Officer Brenden Millstein. Other investors included Ekistic Ventures, Tom Steyer’s Radicle…

Egypt inaugurated the first solar power plant at a remote desert complex where the government plans to generate as much as 1.8 GW from the sun, cutting the most populous Arab nation’s reliance on dirty and expensive fossil fuels. Source: Renewable Energy

A new underwriting and risk assessment standard could help scale up this $1 trillion global market. Source: Renewable Energy

Artificial intelligence (AI) has a broad set of applications, and exactly how it could be applied in the renewables sector and what changes it might bring to the grid can seem elusive. But this future-like technology is already hard at work for our power system. Stem Inc.’s Larsh Johnson explains in this episode. Source: Renewable…

Gore Street Capital plans a London listing for the world’s first energy storage fund. The London-based private-equity firm is seeking to raise 100 million pounds ($139 million) from the initial public offering expected later this month on the London Stock Exchange.  Source: Renewable Energy

China’s solar PV market experienced rapid growth during the first three quarters of 2017, adding 43 GW in new PV installations, according to data released by the National Energy Administration of China.  Source: Renewable Energy

Jordan selected 45 companies including France’s Total SA and Saudi Arabia’s ACWA Power as finalists to bid for six solar and wind energy power plants with total capacity of 300 megawatts of power. Source: Renewable Energy

In 2017, newly installed PV capacity worldwide reached 102 GW, soaring 37 percent from a year earlier, while cumulative installed PV capacity surged 33.7 percent to 405 GW, according to statistics from the China Photovoltaic Industry Association.  Source: Renewable Energy

In this minicast, France and India host the founding summit of the International Solar Alliance, and French President Emmanuel Macron says France’s total commitment to solar deployment through 2022 will reach 1 billion euros. Source: Renewable Energy