Tag / 8BIT

Concept drawing of an energy storage system. Battery storage is having its moment in the sun. In its most recent Electricity Monthly Update, the U.S. Energy Information Administration said that when it totals up the numbers for 2021, it expects they will show that battery storage capacity grew by 4.5 GW, or 300%, in the…

Hydrostor is getting a boost for its long-term energy storage projects. Goldman Sachs is investing $250 million to help the company build more than 1 GW/8.7GWh of its Advanced Compressed Air Energy Storage (A-CAES) projects in California and Australia. Some development is already underway. Hydrostor’s A-CAES process uses renewable energy or power from the grid…

The U.S. Energy Information Administration (EIA) says nearly half of planned capacity additions in 2022 will be solar energy resources. EIA said it expects 46.1 GW of new utility-scale generating capacity to be added to the U.S. power grid this year. Around 21.5 GW (46%) of that would be from solar projects, 9.6 GW (21%)…

The Welsh flag Wales has always been on the forefront of British renewable developments. The Celtic nation was one of the first in Europe to take green technologies seriously with the Centre for Alternative Technology opening and spearheading research back in the early 1970s. Fast-forward a decade and the pioneering Dulas consultancy opened its doors,…

Blackstone Infrastructure Partners said it will make a $3 billion equity investment in Invenergy Renewables Holdings, a Chicago-based renewable energy developer. Blackstone’s investment will provide capital to speed Invenergy’s renewables development activities. Caisse de dépôt et placement du Québec (CDPQ) and Invenergy management remain majority owners and Invenergy will continue as managing member. Since 2019,…

China Three Gorges (CTG) said it has begun construction of the 1.7 GW Tiantai pumped storage power station in Zhajiang Province. The station, located in Tiantai County, is a major project of the Medium and Long-term Development Plan for Pumped Storage (2021-2035) included in the 14th Five-Year Plan. The powerhouse will contain four 425 MW…

New York Gov. Kathy Hochul announced a $500 million offshore wind investment to include manufacturing and supply chain infrastructure. The state plans to develop 4,300 MW of offshore wind energy, representing nearly half of New York’s 9,000 MW goal for 2035. Coupled with the $500 million, the state will launch its next offshore wind procurement…

Pattern Energy completed construction of four separate wind farms collectively known as the Western Spirit Wind Project. The 1,050 MW project was built in three Central New Mexico counties and combined becomes the largest in the state. The four facilities include 377 GE wind turbines, each ranging in capacity from 2.3 to 2.8 MW. The…

Bureau Veritas said it welcomed the UK government’s plans to invest in the tidal energy industry, suggesting that tidal stream electricity has the potential to become one of the most viable and reliable sources of renewable energy in the world. The government investment is part of the Contracts for Difference (CfD) scheme, which invites renewable…

Kansas City-based Evergy said that its Hawthorn power plant would be home to 10 MW of new solar energy capacity, pending regulatory approval. Evergy said it plans to build the solar array on 67 acres near the Hawthorn plant in northeast Kansas City, Mo. The site is expected to include more than 22,000 solar panels…