Tag: renewables

April 3, 2024

Sunnova Energy International Inc., an adaptive energy services company, announced continued investments and expansion to its virtual power plant (VPP) network, providing increased reliability, reduced emissions, and lower costs. With its VPP investments, Sunnova is boosting accessibility in California, Connecticut, […]

October 23, 2023

Utility asset managers face unprecedented challenges as users demand more and more capacity, thousands of new renewable energy sources come online, and broad adoption of EVs and battery systems tax the world’s aging transmission and distribution grids. The once-revolutionary concepts […]

August 17, 2023

American Electric Power on Wednesday sold its 1,365-MW unregulated renewable energy portfolio to IRG Acquisition Holdings, a partnership owned by Invenergy, pension fund Caisse de dépôt et placement du Québec, and funds managed by Blackstone Infrastructure. The $1.5 billion transaction […]

July 5, 2023

A Department of Interior auction of four parcels of land capable of hosting close to 3 GW of utility-scale solar development in Nevada received a total of $105.15 million in high bids, the department said last week, making it the […]

June 30, 2023

The Texas grid has remained reliable so far this summer, even as it set new demand records. Preliminary data shows ERCOT set a new peak demand record of 80,828 MW on Tuesday, besting the previous peak of 80,148 MW in […]

May 1, 2023

European countries have moved quickly to adopt new energy sources after Russia’s invasion of Ukraine in February 2022. Governments have reduced imports of Russian-produced energy, with demand for natural gas in the European Union (EU) dropping by 13% last year […]

April 26, 2023

With the passage of the Inflation Reduction Act (IRA) in December, the U.S. put some real financial muscle behind efforts to combat climate change and incentivize renewable energy with $370 billion in loans, grants, and tax credits to spur clean […]

March 30, 2023

U.S. utility Entergy and global power giant RWE are partnering to jointly assess the best means to develop an offshore wind market in the Gulf of Mexico. The two companies on March 30 unveiled a memorandum of understanding (MoU) under […]

February 16, 2023

Two years after Winter Storm Uri left millions in Texas without power for days, a new poll finds that a majority of Texans support expanding renewable energy over fossil fuels in the U.S. The poll was conducted by the Hobby […]

February 9, 2023

Rising concerns over climate change have caused a major shift in the energy ecosystem, away from fossil fuels and toward renewable, clean, and sustainable energy. Currently, the earth is about 1.1C warmer than in the late 1800s. As outlined in […]

February 6, 2023

Solar will make up more than half of new U.S. electric generating capacity additions in 2023, according to the latest analysis from the U.S. Energy Information Administration (EIA). Developers plan to add 54.5 GW of new utility-scale electric-generating capacity to […]

January 26, 2023

Idaho’s largest solar plant is now commercially operable. This is Duke Energy’s first utility-scale renewable energy project in the Potato State. The 120 MW Jackpot Solar project will provide energy to Idaho Power through a 20-year power purchase agreement. SOLV […]

January 18, 2023

A major power transmission project will proceed in New Mexico after a regulatory group approved a public-private partnership for development of a 400-mile high-voltage direct current line. The New Mexico North Path project could move as much as 4 GW […]

January 17, 2023

The U.S. Department of the Interior proposed updating its rules for offshore wind development, a move that the agency said could save developers some $1 billion over a 20-year period. The proposed regulations would aim to modernize regulations, streamline overly […]

January 3, 2023

Large global corporate groups continue to buy stakes in major renewable energy projects and sign power purchase agreements (PPAs) designed to provide long-term electricity for their operations. Some governments, notably India, are using PPAs to move away from coal-fired power […]

December 14, 2022

DTE Energy announced the retirement of two coal-fired power plants in Southeast Michigan as part of a long-term plan to accelerate decarbonization goals. With the retirement of the Trenton Channel and St. Clair plants, nearly one-third of the electricity generated […]

December 7, 2022

The Bureau of Land Management is ramping up the development of renewable power production on public lands, initiating the review of three proposed solar projects in Arizona that would add more than 1 GW to the grid and updating its […]

December 5, 2022

More extreme weather, coupled with increasing threats of cyber and other attacks, have put a spotlight on reliability and resiliency across the U.S. power sector. Meanwhile, the enactment earlier this year of the Inflation Reduction Act and its $369 billion […]

October 31, 2022

A settlement has been reached on protections tied to an offshore wind project in Virginia, stakeholders wrote in a filing to state regulators. Dominion Energy Virginia, the utility developing the 2.6 GW Coastal Virginia Offshore Wind project, said the settlement […]

October 26, 2022

Utility company commitments to customer equity, energy affordability and equitable access to clean energy resources are becoming more common, but energy justice advocates say they’re not enough. Investor-owned utilities need to do more, these advocates say, to help low-income customers, […]