Renewables
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Courtesy of RPlus Energies
rPlus Energies secures $1B for 800-MW solar-plus-storage ‘peaker plant’
In addition to the recent $1 billion Green River Energy Center deal, recent private equity investments will allow rPlus Energies to transition to an owner-operator model.
By Emma Penrod • July 26, 2024 -
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Data centers powered by clean energy draw higher prices, as AI fuels electricity demand spike
A majority of companies are turning to third-party colocation data centers to support AI initiatives, with over 90% willing to pay more for clean energy, according to a survey by Flexential.
By Joe Burns • July 26, 2024 -
Explore the Trendline➔
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TrendlineThe Energy Transition to Renewables
New policy and business actions are giving a significant boost to renewable energy in the U.S., but opposition is growing and grid interconnection, permitting, labor and other challenges remain.
By Utility Dive staff -
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OpinionThe US lacks enough skilled clean energy workers, but solutions are close at hand
To build successful clean energy manufacturing businesses in the U.S. while revitalizing our domestic industrial base, companies need to take responsibility for developing the workforce their growth depends on.
By Chris Dougher • July 26, 2024 -
Courtesy of Enphase Energy
Enphase Energy revenue drops 57% but California net metering rules spur battery sales
The revenue decrease was due to a “broad-based slowdown” in the U.S. and Europe caused by higher interest rates, policy changes and other factors, the company said.
By Larry Pearl • July 25, 2024 -
Fokkebok via Getty Images
GE Vernova suspects ‘manufacturing deviation’ was behind Vineyard Wind blade failure
The initial investigation points to a problem of “insufficient bonding,” which the “quality assurance program should have identified,” said a GE Vernova spokesperson.
By Diana DiGangi • July 25, 2024 -
Courtesy of Holy Cross Energy
Data center renewables demand drives strong Q2 for NextEra Energy Resources
NextEra Energy’s development arm signed deals for more than 3 GW of renewable energy during the second quarter, including an 860-MW agreement with Google.
By Emma Penrod • July 25, 2024 -
Ian Dyball via Getty Images
CPUC proposes procuring 7.6 GW of offshore wind by 2037
The California Public Utilities Commission’s call for centralized procurement is “what folks have been waiting for on the West Coast,” said K&L Gates partner Theodore Paradise.
By Diana DiGangi • July 24, 2024 -
Mario Tama via Getty Images
Cities plan renewable energy, electrification projects as EPA unveils $4.3B in climate grants
The grants “put local governments in the driver’s seat to develop climate solutions that work for their communities,” a federal official said.
By Ysabelle Kempe • July 24, 2024 -
Anna Rose Layden via Getty Images
Bipartisan energy permitting bill ups FERC transmission siting authority, requires interregional planning
The Senate bill released Monday could guide the framework for action on permitting reform, which may not come until next year, according to observers.
By Ethan Howland • July 23, 2024 -
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Deep DiveInnovative solutions emerge to reduce 2.5-TW US clean energy interconnection backlog
California’s project scoring criteria, the Texas connect and manage option and SPP’s work to link system planning with the interconnection process across its multistate region could speed the clean energy expansion.
By Herman K. Trabish • July 22, 2024 -
Permission granted by Kraken
Sponsored by KrakenWhat it means to transform an energy business
As an increasing number of customers adopt distributed energy resources into their homes – such as solar panels, EV chargers, or home batteries – consumer expectations and market dynamics are changing in tandem.
By Anja Langer-Jacquin – VP Client Success and Account Management, Kraken • July 22, 2024 -
Sean Gallup via Getty Images
Solar PPA prices flat, wind prices continue to rise: LevelTen Energy
Wind PPA prices have increased 13.5% year over year after rising for three consecutive quarters, according to data from the LevelTen Energy marketplace.
By Emma Penrod • July 19, 2024 -
Permission granted by Town of Nantucket Marine Department
Vineyard Wind 1 halts operations after blade breaks, scatters debris along Nantucket
On Thursday morning, a “significant part of the remaining GE Vernova blade detached from the turbine,” Vineyard Wind said in a release.
By Diana DiGangi • July 19, 2024 -
Bim via Getty Images
OpinionWhat the 2024 presidential election could mean for commercial solar
Without full congressional support, and given various investment considerations, a change in administration will likely only stymie and delay certain parts of the IRA’s implementation.
By David Wei and Raaghav Salem Karthikeyan • July 19, 2024 -
Sean Gallup via Getty Images
LevelTen Energy scores $65M to scale clean energy transition
The transaction infrastructure company connects renewable energy buyers, sellers and advisers and plans to use the financing to expand its platform.
By Zoya Mirza • July 18, 2024 -
Bilanol via Getty Images
Solar companies take on more debt as investor interest continues to stagnate
Investors appear to be sitting out current uncertainties surrounding new tariffs, interest rates and the U.S. election, clean energy consulting group Mercom Capital Group said.
By Emma Penrod • July 18, 2024 -
Mario Tama via Getty Images
State distributed solar policy actions up 12% in Q2, with biggest focus on net metering: report
Last quarter, 44 states plus the District of Columbia and Puerto Rico took 182 policy actions on distributed solar, the North Carolina Clean Energy Technology Center found.
By Diana DiGangi • July 18, 2024 -
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Opinion
Nowhere to sell: As local bans proliferate, renewable energy companies must prioritize politics
The polluters who want to kill the energy transition have created political headwinds that are grinding the transition to a halt for everyone else, including the companies that really do want to move away from dirty fuels.
By Ayelet Hines • July 17, 2024 -
Yujin Kim/Utility Dive
Q&ACalifornia, Gulf of Mexico are exciting frontiers, says RWE’s US offshore wind CEO
“What I'm excited about right now is what I see as those signs of maturation, and that momentum building in the offshore wind sector here,” said Sam Eaton, RWE’s Offshore Wind U.S. CEO.
By Diana DiGangi • July 16, 2024 -
Spencer Platt via Getty Images
BlackRock updates climate stewardship policies, targeting $150B in funds
The policies will initially apply to 83 European investment funds with $150 billion in assets under management and prioritize sectors and companies “critical” to the clean energy transition.
By Lamar Johnson • July 16, 2024 -
Jose Jimenez/Getty Images via Getty Images
DOE to deploy over 3,000 solar + storage home systems in 2024 for most vulnerable Puerto Ricans
DOE’s Solar Access Program could incentivize installation of up to 30,000 home energy systems for low-income households facing frequent power outages and other challenges.
By Robert Walton • July 16, 2024 -
David McNew via Getty Images
Amazon hits renewable energy goal early, reduces carbon emissions
The e-commerce giant said it met a goal to match all of its electricity consumption with renewable energy seven years early and decreased overall emissions by 3% in 2023.
By Zoya Mirza • July 15, 2024 -
Lisa-Blue via Getty Images
Cushman & Wakefield, Catalyze partner to increase renewable energy installations
Expanding the use of solar and energy storage technology at U.S. commercial and industrial facilities can reduce emissions and save money, the companies say.
By Nish Amarnath • July 15, 2024 -
Scharfsinn86 via Getty Images
Hydrogen too costly for clean baseload generation but could serve as long-term storage: report
The cost of clean hydrogen-fired generation would far outstrip other forms of clean baseload energy, including nuclear, according to analysis by the Clean Air Task Force.
By Emma Penrod • July 12, 2024 -
Joey Ingelhart via Getty Images
Supreme Court’s Chevron ruling creates power sector uncertainty: Moody’s
“The lack of clarity on future EPA mandates increases uncertainty and makes it more difficult for power companies to determine their most appropriate and cost-effective generation mix,” Moody’s said.
By Ethan Howland • July 12, 2024
