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BlackRock unit aims to boost Asian renewables to $5 billion

BlackRock Real Assets is aiming to boost its renewables power portfolio in Asia by as much as 10-fold as it seeks to keep pace with the world’s fastest-growing region for green energy.




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China drops electricity subsidy price for offshore wind power

China’s National Development and Reform Commission (the NDRC) issued a Circular on Policies of Improving the Electricity Price for On-Grid Wind Power (the Circular) at the end of May 2019. According to the Circular, the price of electricity from offshore wind power projects is cut to 0.8 yuan per kWh [US $0.12 per kWh] in 2019 and will further drop to 0.75 yuan [US $0.11] per kWh in 2020.




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New solar permit software could reduce costs and expand residential markets

Solar Foundation and the Solar Energy Industries Association (SEIA) are joining the National Renewable Energy Laboratory (NREL), several national residential solar companies, and other nonprofit organizations to develop new automated permit software for distributed solar and storage, reducing the cost of solar installations and saving resources for local governments and taxpayers.




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PNM plans early retirement of coal plant with massive addition of solar + storage

On July 1, Public Service of New Mexico filed a plan with regulators in the state for how it plans to get to a 100 percent emission-free power by 2040. The utility reviewed four scenarios, all of which involved the early retirement of the San Juan Coal Plant, to arrive at its recommended path forward.




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Clean Power Alliance signs PPA for 12-MW Isabella small hydro project in California

The Clean Power Alliance (CPA) has signed three long-term power purchase agreements, including two new solar projects and one existing small hydro project.

 




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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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Utility partners with climate experts on new carbon emission goals

Community stakeholders and climate experts from the University of Arizona are helping Tucson Electric Power to build an energy portfolio that supports reliable, affordable and increasingly sustainable service over the next 15 years.




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Long-term financing for solar is possible and critical for supporting continued industry growth

Installed solar capacity in the United States exceeded 10 GW for the third year in a row in 2018, and the pace of growth is expected to continue. The first quarter of 2019 was the strongest in the history of the U.S. solar market, according to a recent report from Solar Energy Industries Association (SEIA) and Wood Mackenzie Power & Renewables. Yet inefficient and costly project financing inhibits many solar developers from tapping into the market’s true potential.




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GE sells solar-business stake to BlackRock

General Electric Co. agreed to sell a majority stake in a solar-energy business to BlackRock Inc., giving the investment giant footing in a growing market as the ailing manufacturer shifts its focus elsewhere.




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Study: Fossil fuels are far less efficient than previously thought

Fossil fuels, long regarded for their high-energy return on investment, are not as efficient as once thought. In fact, their final yields are not much better than those of renewable options, according to a new study.




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HydroVision International kicks off in Portland, Ore., U.S.

The HydroVision International event is now under way in the Oregon Convention Center in Portland, with more than 3,000 hydropower professionals from around the world coming together for four days of learning and networking.




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Envisioning the future of hydropower: What do you see?

On Tuesday, July 23 at the HydroVision International keynote, Vice President Marla Barnes asked the audience to close their eyes and envision their next vacation. “Are you sitting on a beach? Are you packing your family into the car for a wild adventure? What do you see,” she asked.




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Energy storage plant set for southeast Asia

Finnish energy technology group Wärtsilä has signed an EPC contract for a 100 MW/100 MWh total capacity energy storage project in southeast Asia.




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Louisiana’s military families to benefit from ground-source geothermal and modern energy-saving devices

Last week, Corvias announced that it had entered the final phase of its geothermal installation and energy upgrades effort at the U.S. Army’s Fort Polk in West-Central Louisiana, a milestone that once complete will not only modernize the aging infrastructure but save the Army significant money and benefit military families.




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Energy storage sites provide unique wholesale market participation

ENGIE Storage has announced it will supply and operate a 19 MW/38 MWh portfolio of six energy storage sites that will contribute to the Solar Massachusetts Renewable Target Program and participate in ISO-New England wholesale markets.





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Gap signs PPA for 90 MW of wind

Global apparel retailer Gap Inc. announced that it has signed a 90-MW virtual power purchase agreement (VPPA) for the Aurora Wind Project with Enel Green Power North America, marking one of the largest offsite renewable energy contracts by an apparel retailer.




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Net zero carbon emissions ‘impossible’ without hydrogen says UK energy alliance

The UK’s North West Hydrogen Alliance (NWHA) is calling for government investment in hydrogen projects to meet ambitious carbon reductions targets in Britain.




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The energy transition is underway: 10 charts tell the story

The renewable energy transition promises to reduce carbon emissions, but it’s happening at different speeds around the world. Read on for some key insights from BloombergNEF’s New Energy Outlook 2019, which provides a detailed road map to the future.




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Virginia looks to New York green bank for possible clean energy financing

Virginia’s energy office is exploring whether to align the state with a billion-dollar New York clean energy financing program.




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Norwegian battery startup with $4.5B plan has vision for Nordic hub

Freyr AS, a startup planning to build one of Europe’s first battery gigafactories in Norway, has a bigger vision for the region: a “Nordic Battery Belt.”




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University of Notre Dame breaks ground on 2.5-MW hydroelectric generation facility

The University of Notre Dame and South Bend’s Venues Parks & Arts have broken ground on a 2.5-MW hydroelectric generation facility at an existing city-owned dam on the St. Joseph River in downtown South Bend, Ind.





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Are regional transmission organizations the future for renewables in the Southeast?

Renewable energy, particularly solar, is poised for significant growth in the southeastern United States. The Southeast has also mostly retained a vertically integrated utility model, and most utilities in the region have not joined a Regional Transmission Organization or Independent System Operator (collectively known as, RTO). Recent developments have led stakeholders and policymakers in the Southeast to rethink whether it is beneficial for some utilities to join RTOs – something that is generally seen as a positive development for renewable energy.




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Hydro Tasmania accelerating site investigations for pumped storage hydropower

Hydro Tasmania says it is accelerating detailed investigation of three key opportunities for pumped storage hydro development in the state as part of the Battery of the Nation initiative. Work has begun on a full feasibility assessment of pumped hydro development opportunities at Lake Cethana and Lake Rowallan in the northwest and near Tribute Power Station on the West Coast.




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Covering Climate Now signs on more than 170 news outlets

MORE THAN 170 NEWS OUTLETS from around the world have now signed up for Covering Climate Now, a project co-founded by CJR and The Nation aimed at strengthening the media’s focus on the climate crisis.




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Renewable energy takes center stage at POWERGEN ASIA and Asian Utility Week

In a region of the world where coal is still king, there is room for renewables. This was a takeaway from the Ministerial Address and Joint Opening Keynote at POWERGEN Asia and Asian Utility Week. The two annual events kicked off Tuesday, Sept. 3, in Kuala Lumpur, Malaysia.




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Take control of energy usage with LG’s residential solar offerings

In conjunction with North America’s Smart Energy Week, LG Electronics (LG) is underscoring its role as a top player within the U.S. residential solar market at the 2019 Solar Power International Conference.




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Democratic presidential hopefuls take on climate change, tout goals

Even as they touted ambitious proposals to reduce carbon emissions to a national audience, Democratic candidates for president tried to balance the boldness of their plans with the need for simplifying a complex scientific problem to make it palatable to voters.




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California aims to fix low-income storage program and deliver new resilience incentives

California’s energy storage incentive program has been a great success, with more than 11,000 battery storage systems installed to-date. The problem is, it’s not reaching the state’s most vulnerable communities. A new proposal from the California Public Utilities Commission (CPUC) aims to fix some of the barriers preventing disadvantaged communities from participating in the program, and it allocates $100 million to a new program designed to offset the cost of battery storage systems for populations threatened by wildfires and related utility power shutoffs.




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Australia in planning for multiple massive battery projects

France’s Neoen SA has outlined plans to build a giant renewables complex in South Australia, including battery storage with up to nine times more capacity than the Tesla Inc. design at its nearby Hornsdale plant, which is billed as the world’s largest lithium-ion battery.




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Alberta government signs PPA for 94 MW of subsidy-free solar

This week, Canadian Solar said that it has won three solar power contracts with Alberta’s Ministry of Infrastructure, for a total of 94 megawatts (MWp) of solar power system in southeast Alberta, with an average contracted PPA price of 48.05 Canadian dollars [US 36.27] per MWh. When in operation in 2021, these solar plants will provide 55 percent of the electricity needs for Alberta provincial government.




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Japanese businesses test blockchain to trade renewable energy

This week independent power producer Marubeni and LO3 Energy said they have started a pilot project in Japan where LO3 will administer an energy marketplace using blockchain to connect a number of Marubeni’s power production facilities, including renewables, with offices and factories around Japan in a virtual marketplace. The project will simulate energy transactions to test the viability of the concept with the ultimate goal of creating a full-scale commercially operational network in the future.




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Direct Energy signs PPA for 75-MW solar array in California

California-based solar developer Sunpin Solar said that Direct Energy Business, a subsidiary of Centrica PLC, signed a power purchase agreement (PPA) for the full output of the recently completed 96.75-MW DC / 74.8-MW AC ColGreen North Shore Power Plant.




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Onsite solar to power Cambodia cement factory

An onsite solar PV system in now operational at the most advanced cement factory in Cambodia.




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Pennsylvania joins electric vehicle race with new ‘roadmap’ for transition

Pennsylvania is promoting a new roadmap to electrify transportation by designing policies and setting targets to get more electric vehicles on the roads.




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4 creative ways cities are transitioning to a clean energy future

Mayors from cities across the U.S. are stepping up and committing to broad and inspirational action to reduce greenhouse gas emissions and decarbonize local energy systems. This leadership is especially critical given lack of federal climate action, but translating a mayoral commitment to reality can be a challenge.




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SunPower releases most efficient residential solar panel on the market

Today SunPower is launching its next generation solar panel called A-series, which boasts 400 or 415 watts, in the United States. A new 400-watt product, Maxeon 3, is available in Europe and Australia.




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Thailand planning massive floating solar power plants on hydropower dam reservoirs

Thailand plans to build the world’s largest floating solar farms to power Southeast Asia’s second-largest economy and to boost the country’s share of clean energy.




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Non-profit urges UK government to make workforce diversity a priority in clean energy

A new paper is being launched today at the House of Lords in London that challenges government, regulators and companies working on clean energy to make gender diversity a key priority. The paper has been produced by the EWiRE network, set up by Regen to provide a vibrant network for women working in clean energy.




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New Hampshire considers options for buying renewable energy for state

New Hampshire is preparing to follow the lead of other New England states and create a system for procuring renewable energy on behalf of residents.




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Event Focus: SolarVision highlights Asia renewables potential

Southeast Asia is poised for a long-overdue and much-needed boom in solar.




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New Mexico Governor Grisham signs law requiring 100 percent renewable energy by 2045

On Friday, New Mexico Gov. Michelle Lujan Grisham signed the state’s groundbreaking Energy Transition Act (ETA) into law, meaning that by 2045, the state should be fully powered by clean, carbon-free electricity.




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Shell makes aggressive move into U.K. retail power market

Royal Dutch Shell Plc took a step forward in its aim to become the world’s biggest power company with an aggressive move into the U.K. retail market by offering one of the cheapest tariffs available.




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Phasing out coal in Denmark via bioenergy-based CHP

Denmark in many ways is the poster child for the generation mix of the future. It led the way for decades in wind generation. It has continued to set ever-more ambitious targets for renewable penetration. And it has shown in the real world how to make a grid work that includes a heavy presence of renewable assets. Along the way, though, it has faced many challenges.




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Idaho Power sets goal for 100-percent clean energy by 2045; signs record-low solar PPA

Idaho Power unveiled a goal Tuesday to provide 100-percent clean energy by 2045 on the heels of an announcement that it will purchase 120-MW of solar energy through a PPA with Jackpot Holdings at a price of less than US $0.022 cents per kWh.




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A 'Green New Deal' for Central America would present business opportunities for renewable power generators

Recently there has been a great deal of interest in a ‘Green New Deal’ for the United States. It is seen as a way to solve pressing environmental, employment and economic problems with a single comprehensive plan. Modeled on Roosevelt’s New Deal, which created jobs, invested in large infrastructure projects, and pulled the US out of the Great Depression, the Green New Deal is a modern version of that program, but with green energy investments, 21st century job training, and deficit reduction as the key components.






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Vermont utility launches vision for 100 percent renewable energy by 2030

This weekend at its “Earth Day Every Day Fair,” Green Mountain Power announced an energy vision to have a 100 percent carbon free energy supply by 2025 and 100 percent renewable energy by 2030. The utility said the move is among the most aggressive carbon targets for a utility of GMP’s size in the country.