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Tesla Plans China Plant With 500,000 Vehicle Capacity

Tesla Inc. is planning a factory in China with a capacity for 500,000 vehicles a year, its biggest step beyond the U.S. so far, according to people familiar with the matter. Tesla is due to sign a memorandum of understanding with local entities in Shanghai, the people said, asking not to be identified as the information isn’t public. Chief Executive Officer Elon Musk was to be in the city for an event with the government on Tuesday, Bloomberg reported earlier. A Tesla representative in China didn’t immediately respond to a request for comment.




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California One Step Closer to 100 Percent Renewable Energy Obligation

Yesterday another milestone was reached in California’s march toward a 100 percent renewable energy mandate with the passing of SB100 by the Assembly. The bill will require the state to receive 50 percent of its electricity from renewables by 2026; 60 percent by 2030 and 100 percent by 2045. The current law requires the state to get 50 percent of its electricity from renewables by 2030.




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New Jersey's Planned $4.1B Clean Energy Investment includes $180M for Storage

New Jersey’s biggest utility says it can make money by getting its customers to use less of what it sells.




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Ørsted Acquires Deepwater Wind for $510 Million

On Monday, global offshore wind leader Ørsted announced that it had entered into an agreement to acquire a 100 percent of Rhode Island-based Deepwater Wind at a purchase price of US $510 million. Deepwater wind built the first U.S. offshore wind farm — the 30-MW Block Island Wind — and is currently constructing two additional facilities off Long Island, New York (South Fork at 90 MW) and Connecticut (Revolution Wind at 600 MW).




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U.S. Department of Energy To Bring $40B Cash to POWER-GEN International

After wallowing in limbo for the first part of 2018 awaiting re-authorization, the Loan Program Office (LPO) at the Department of Energy is back in business with about $40 billion burning a hole in its proverbial pocket. Mike Reed, Director and Chief Engineer of the Technical and Project Management Division of the LPO and his team are planning to hit POWER-GEN 2018 in Orlando, Florida in December to identify people and projects that might need financing.





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EV Charging Infrastructure Company Attracts Largest Funding to Date at $240M

This week, Electric Vehicle (EV) charging network provider, ChargePoint, announced that it has raised $240 Million in Series H funding, which is more capital than any other EV infrastructure company in the world, surmising in its press release that the move to electrify transportation is accelerating.




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Projecting 2018 Trends and Macroeconomic Conditions: What to Expect for Renewable Energy Projects in 2019

Renewable energy projects were marked by distinctive trends and characteristics in 2018: frothy M&A market driven by a crush of liquidity and a shortage of project supply; a highly competitive environment among investors and lenders for an inadequate supply of projects...




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Energy Storage Outlook for 2019: E-Mobility, Clean Energy Technologies and Lithium Batteries

2018 was another defining year for the lithium supply chain as the global population continued to make remarkable strides towards the implementation of clean energy and transportation. Although the clean energy and transportation industries are only in their early days, it has become apparent that renewables and electrification of transportation are an irreversible trend, one that has begun to disrupt many established industries.




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100 Percent Clean Energy Goals: What Will It Take To Get There?

Here we are in 2019, with more than 100 U.S. cities and 140 large corporations having established 100 percent clean, carbon-free and/or renewable energy goals. In several states, newly seated governors campaigned on goals of 100 percent renewable energy, and congressional representatives have arrived in Washington positioning for a like-minded national proposal.




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Global Clean Energy Spending Dips in 2018 But Installations Rise on Lower Prices

Global funding for clean-energy projects sagged in 2018 after China’s decision to curb subsidies dragged down installations in the world’s biggest solar market.




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North Carolina’s solar power output grew 36 percent in 2018

Annual solar energy production in North Carolina jumped 36 percent in 2018, according to the latest government data – firmly placing North Carolina as the No. 2 solar-producing state in the nation.




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Climate experts tell UK to set zero carbon target for 2050

Developing carbon capture and storage technology and low-carbon hydrogen is “a necessity not an option” for the UK to achieve a net zero carbon economy by 2050.





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Companies explore how to make your home smart and 100% renewable-powered

Big Oil wants to put a box in your hall closet that works like a human brain, can cut the lights, stop the refrigerator and will know how you move about in the privacy of your home better than you do.




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Bermuda Electric Light Company installs 10-MW/5.5-MWh energy storage system

Yesterday, energy storage company Saft said it delivered and installed a turnkey Energy Storage System to Bermuda Electric Light Company (BELCO). The system provides up to 10 MW power for spinning reserves and frequency response to maintain grid stability and has a storage capacity of 5.5MWh, said the company. The official ribbon-cutting ceremony was held on May 16.




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Is a 500W solar module in sight?

LONGi Solar this week said that it has invented a new “seamless soldering” technique that could help it produce a more efficient solar module. As a reminder, the more solar cells you can pack into a module, the more efficient it is. And the more efficient your modules, the fewer you need to achieve the wattage you seek in an array. By using less modules, you reduce the overall installed cost of solar.




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POWERGEN India 2020 to support energy transition in India

Clarion Energy & iTEN Media announce the launch of POWERGEN India 2020 co-located with Indian Utility Week & DISTRIBUTECH India




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The 150,000-square-meter sky bridge of Shanghai’s 'Rafael Gallery' will be covered in solar

Solar company Hanergy announced that its thin-film solar modules will cover the 150,000 square meter roof of the ‘Rafael Gallery’ located at a Tech City in Shanghai.




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Utility device and data management technologies revenue could exceed $22 billion by 2027edit

A new report from Navigant Research released this week says that revenue from device and data management technologies could grow from approximately $14.8 billion in 2018 to more than $22.1 billion in 2027 at a compound annual growth rate (CAGR) of 4.6%.




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BNEF: Energy to storage increase 122X by 2040

According to the latest forecast by BloombergNEF (BNEF), energy storage installations (not including pumped hydropower) around the world will multiply exponentially, from 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040.





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News on the global hydroelectric industry from November-December 2014

News on the global hydroelectric industry from November-December 2014




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Historic Les Cedres generating station enters 100 years of operation

The 130-MW Les Cedres generating station in Canada is a landmark in the history of Quebec hydropower. Hydro-Quebec recently celebrated the station's 100th year of operation, as well as its induction into the Hydro Hall of Fame.




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California Governor Seeks to Increase Renewable Energy Mandate to 50 Percent

California Governor Jerry Brown proposed spending $59 billion to fix crumbling roads and raising the state’s renewable energy mandate to 50 percent.




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Utility GDF Suez Plans to Double European Renewable Capacity by 2025

GDF Suez SA plans to double renewable power production capacity in Europe over the next decade as the utility shifts its focus away from developing more historic natural gas and nuclear energy sources in the region.




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India Clean Energy Investments Rose 13 Percent to $7.9 Billion in 2014

Clean energy investments in India increased to $7.9 billion last year and are expected to surpass $10 billion in 2015.




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Brazilian Bank Raises $408 Million for Renewable Energy and Water Projects

The Brazilian bank Itau Unibanco Holding SA raised 1.05 billion reais ($408 million) to finance renewable energy and water treatment projects.




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Carbon Emissions Stop Rising for First Time in 40 Years

Global emissions were unchanged last year, the first time that’s happened amid economic growth in four decades, according to the International Energy Agency.




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Obama Orders US Agencies to Cut Carbon Emissions 40 Percent by 2025

President Barack Obama ordered the federal government to reduce greenhouse gas emissions by 40 percent from 2008 levels over the next 10 years by shifting to renewable energy sources such as solar power.




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Clean Energy Spending Drops 15 Percent to Reach Lowest Level Since 2013

Global investment in clean energy slumped 15 percent in the first quarter to the lowest level in two years because of a decline in wind and utility-scale projects.




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Scientists Start $150 Billion Program to Cut Clean Energy Costs

Scientists and economists including BP Plc’s former chief executive officer, John Browne, are inviting governments to join a $150 billion program that aims to make clean energy cheaper than coal.




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Cost estimates for 1,200-MW Punatsangchhu-1 hydroelectric project reach US$1.74 billion

India's Union Cabinet has approved cost revisions for its intergovernmental agreement with the Royal Government of Bhutan to implement the 1,200-MW Punatsangchhu-1 hydroelectric project on Bhutan's Punatsangchhu River.




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HydroEvent.com launches for HydroVision International 2016

HydroEvent.com, the one-stop location for all things related to the world’s largest hydro event, is up and running for HydroVision International 2016. The conference and events are scheduled for July 26-29 in Minneapolis, Minn. at the Minneapolis Convention Center. 




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Nigeria inaugurates 400-kW Tunga small hydroelectric project

Power to Sardauna, Taraba, Nigeria has increased with the Aug. 14 commissioning of the 400-kW Tunga hydroelectric project on the Donga River.  




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Hydroelectric power, other renewables emphasized at G20 summit

A meeting of Group of Twenty energy ministers in Istanbul earlier this month affirmed a collective belief in renewable energy -- including hydroelectric power -- amongst the major economies that constitute the international forum.




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Tibet’s 510-MW Zangmu, world’s highest elevation hydroelectric facility, is online

At more than 10,800 ft above sea level, the 510-MW Zangmu Hydropower Station -- the largest in Tibet and one of the highest elevation hydroelectric facilities in the world -- is fully operational. Constructed at a cost of US$1.5 billion, the facility is located in Gyaca County, Shannan Prefecture on the Yarlung Zangbo River (Brahmaputra River), that flows through Tibet downstream into India and Bangladesh.




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Chilean council rejects claims against proposed 210-MW Mediterraneo hydropower project

The Chilean government's Council of Ministers rejected 27 claims filed by indigenous communities opposing the construction of the 210-MW Mediterraneo hydropower project, at least temporarily allowing development of the controversial plant to continue.




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OEE 2015 builds on 2014 market study to commercialize MHK energy sectors

During the Ocean Energy Europe 2015 conference held in Dublin, Ireland, in late October, about 500 high-level delegates, which included European Union and Member States business leaders and energy ministers, were presented a draft of the “strategic roadmap” for developing the European marine hydrokinetics (MHK) energy sector.
 




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2,400-MW Batoka Gorge hydroelectric project could help alleviate ZRA power needs

As the Zambezi River Authority (ZRA) of Zambia and Zimbabwe seeks to secure funding for the 2,400-MW Batoka Gorge hydroelectric facility, the region is experiencing rolling blackouts based on reduced inflow to existing hydroelectric generating facilities. 




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Atlantis Resources' MeyGen tidal energy site on track for grid connection in 2016

Tidal energy developer Atlantis Resources remains on track to deliver power to the Scottish power grid from the MeyGen site in the coming year, according to an end-of-year statement issued by the company earlier this week.




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Sweden deploys 120-ton subsea generator switchgear at MHK project

A significant step to develop the first megawatt from the marine hydrokinetic (MHK) Sotenas Wave Energy Plant off of Sweden’s west coast took place earlier this month when a 120-ton subsea generator switchgear was deployed and connected to the Swedish national power grid via a 10-km-long subsea cable.
 




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US$100 Billion NDB is an Additional Funding Source for Hydroelectric Energy

The New Development Bank (NDB), which has an authorized capital of US$100 billion, could provide additional opportunities to fund development of new hydroelectric projects.
 




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NHA announces 2016 Outstanding Stewards of America's Waters Award winners

Five companies were recognized this week by the National Hydropower Association during its annual Waterpower Week in Washington conference for work in hydroelectric power that exemplifies "extraordinary recreational, historical, environmental or educational value."




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Cemig kicks off 2016 with strong investment in hydropower

Companhia Energetica de Minas Gerais (Cemig) of Brazil recently released its first quarter earnings and revealed it has already spent almost half of its forecast investment total for 2016, spending BRL2.15 billion (US$610 million) from January to March, according to BNamericas.




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EEP awards contract to build 2,200-MW Koysha hydroelectric plant

Italian construction and civil engineering firm Salini Impregilo has been awarded a US$2.8 billion contract to build the 2,200-MW Koysha hydropower plant in Ethiopia.




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Dedication ceremony held for 105-MW Meldahl hydroelectric plant in Kentucky

American Municipal Power and the city of Hamilton held a dedication ceremony for the 105-MW Meldahl hydroelectric plant on June 2.




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BC Hydro, McLeod Lake Indian Band reach agreement on 1,100-MW Site C hydroelectric project

Canadian utility BC Hydro and the McLeod Lake Indian Band have forged an agreement that will give the aboriginal group "economic development opportunities and other benefits" related to the construction and operation of the Site C hydroelectric project.




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EDF, World Bank help fund 420-MW Nachtigal hydropower plant in Cameroon

Electricite de France (EDF) and the World Bank are joining with the government of Cameroon to fund the €$1.2 billion (US$1.3 billion), 420-MW Nachtigal hydropower plant.




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Phase two of rehabilitation and upgrade beginning at 40-MW Matala hydropower project in Angola

On July 18, Empresa Publica de Producao de Electricidade (PRODEL) Project Manager, Celso Pontes, announced phase one at the 40-MW Matala hydroelectric project is complete and the detailed design of the second phase is now being prepared.