Renewables: Page 2
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Interior approves 2-GW Fervo Energy geothermal project in Utah
The Bureau of Land Management also proposed a categorical exclusion to NEPA that would streamline the permitting process for some geothermal projects.
By Diana DiGangi • Oct. 21, 2024 -
King Energy secures $10M for rooftop solar financing model
The company, which installs solar panels on unused roof space, provides commercial property owners with a “simple, no-nonsense way” to trim operational costs and carbon footprints, CEO John Witchel said.
By Joe Burns • Oct. 21, 2024 -
Trendline
The 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 -
Sponsored by SAP
Private equity and renewable energy: How investors can set themselves up for digital transformation success
Private equity is driving renewable energy's future - learn how digital transformation fuels success.
By Mark Hollis, Industry Executive Advisor, Renewable Energy & Utilities • Oct. 21, 2024 -
IBM acquires Prescinto to bolster renewable energy asset management capabilities
The acquisition is not just a tactical one, but plays into the company’s broader plan to expand its energy and utilities expertise, IBM’s VP of ESG and asset management product leader said.
By Lamar Johnson • Oct. 18, 2024 -
FERC bars payments for ‘deadband’ reactive power, plus 4 other open meeting takeaways
Renewable energy trade groups, Public Service Enterprise Group and other generators opposed the agency’s decision on reactive power.
By Ethan Howland • Oct. 18, 2024 -
JPMorgan Chase, Capital One commit $260M to Arizona solar project
The tax equity financing deal for BrightNight’s Box Canyon project is structured to give the banks access to production tax credits.
By Lamar Johnson • Oct. 17, 2024 -
IRA likely insulated US renewables developers from falling profit margins: Baringa
The U.S. renewables sector should return to a trend of increasing profit margins and declining levelized energy costs within the next year or two — with some caveats, said Caspian Conran, a lead economist at Baringa.
By Emma Penrod • Oct. 17, 2024 -
States sped ahead on offshore wind in Q3 while private investment slowed: report
States are pushing ahead with new offtake agreements and procurement rounds while private investment has dwindled in the run-up to the U.S. presidential election, the Oceantic Network said in a market report.
By Diana DiGangi • Oct. 17, 2024 -
Solarcycle reaches panel recycling agreement with Runergy Alabama
Solarcycle will both recycle Runergy’s decommissioned panels and provide the manufacturer with glass for new panels via its Georgia facility, which is slated to open in 2026.
By Jacob Wallace • Oct. 17, 2024 -
Opinion
Creating a clean and reliable grid for Illinois
The recent price spike in PJM’s capacity market is drawing attention to the growing need for policy that moves Illinois towards an affordable clean energy future.
By John Delurey • Oct. 17, 2024 -
DOE finalizes $861M loan guarantee for Puerto Rico solar, storage
The projects, led by a joint venture of AES and TotalEnergies, will add 200 MW of solar generation and up to 285 MW/1,140 MWh of standalone energy storage.
By Robert Walton • Oct. 16, 2024 -
1-hour batteries can increase transmission-constrained renewable energy values 81%: LBNL
Due in part to differing generation and load profiles, solar hybrid plants achieve the bulk of their capacity revenue with about half as much storage as wind hybrid plants, a study by Lawrence Berkeley National Laboratory found.
By Brian Martucci • Oct. 15, 2024 -
CBRE acquires NRG Energy’s renewable advisory group
The deal will bolster its ability to help clients integrate renewable energy across their real estate portfolios and facilitate clean power deals, CBRE says.
By Joe Burns • Oct. 15, 2024 -
Opinion
Mining for talent: Education’s crucial role in America’s clean energy, mineral-driven future
Amid a clean energy revolution and a precarious geopolitical landscape, effectively bridging the educational gap in mining and engineering is pivotal for securing America's technological and environmental future.
By Misael Cabrera and Bill Zisch • Oct. 15, 2024 -
New York Power Authority seeks up to 575 MW of renewables for NYC
The power would be provided via the Hudson Transmission Project cable, which currently delivers energy from the PJM Interconnection to the New York ISO.
By Robert Walton • Oct. 15, 2024 -
Xcel reaches agreement to add 4.2 GW of clean energy in Upper Midwest
Xcel Energy would add 3.2 GW of wind, 600 MW of battery storage and 400 MW of solar by 2030 under a settlement agreement filed earlier this month with Minnesota regulators.
By Emma Penrod • Oct. 14, 2024 -
Opinion
Turning the US hydrogen field of dreams into reality
Perhaps a line from the classic American film “Field of Dreams” best summarizes the approach to hydrogen production and infrastructure: “If you build it, they will come.”
By Jeremy Harrell • Oct. 14, 2024 -
Tribal nations want utility-scale clean energy, but upfront costs pose a barrier
The deposit required to remain in an interconnection queue can cost tribes $5 million dollars on short notice, says Chéri Smith, CEO of the Alliance for Tribal Clean Energy.
By Diana DiGangi • Oct. 14, 2024 -
Sponsored by West Monroe
The role of analytics in the energy transition
Leverage analytics and data science to drive efficiencies, optimize systems and integrate renewables.
By Glen Sartain, Managing Director, West Monroe and Amanda Mastrosimone, Senior Manager, West Monroe • Oct. 14, 2024 -
Sponsored by Black & Veatch
Are utilities ready for data centers’ big AI energy?
Amidst challenges of renewable integration and aging infrastructure, Black & Veatch’s new report signals data center power demands may test utilities’ capacity planning.
By Phil Fischer, Black & Veatch, Data Center Client Executive • Oct. 14, 2024 -
Opinion
How clean energy legislation can incentivize US mineral production
Both presidential candidates generally agree on the importance of supporting U.S. critical mineral projects given their role in securely supplying key industries, from defense manufacturers to automotive companies.
By Gregory Wischer and Morgan Bazilian • Oct. 11, 2024 -
NYPA releases draft strategic plan for 3.5 GW of renewables generation
The plan has 40 proposed projects distributed throughout the state and includes seven battery energy storage systems, 32 solar projects and one wind project.
By Diana DiGangi • Oct. 10, 2024 -
NiSource gets an A, 15 utilities get Fs as Sierra Club slams pace of coal plant closures
NiSource, NextEra Energy, Orlando Utilities Commission, PNM Resources, Puget Holdings, The AES Corp. and Xcel Energy are the top-ranked utilities in the Sierra Club’s latest clean energy scorecard.
By Ethan Howland • Oct. 10, 2024 -
US energy transition path currently in line with 2.6 degrees Celsius temperature rise: BNEF
The nation is currently on track to cut just 22% of its carbon emissions by 2030, compared with the 50% needed to reach its Paris Agreement goals.
By Lamar Johnson • Oct. 10, 2024 -
Opinion
Big Tech is upending the clean energy landscape
Big Tech’s demands for specific project development plans and contractual provisions can create — or destroy — millions of dollars in value for renewable companies.
By Akshat Kasliwal, Jesse Gilbert, and Anirudh Mathur • Oct. 7, 2024