San Francisco Mayor London Breed wants to use PG&E Corp.’s bankruptcy to take over some of the company’s assets for the city’s power needs, a move that would shake up California’s largest utility and remake the state’s energy landscape.

Utilities and other energy experts convene each year at DISTRIBUTECH International (DTECH) to discuss the future of energy and this week Clarion Energy, organizer of the event, announced that the call for abstracts for the 2020 event is open.

Bank asset management is known to be an opaque subject. Thankfully, Diana Weis and Sarah Disch, each co-heads of the Solar Asset Management groups at their organizations, U.S. Bank and Wells Fargo Bank respectively, shared their expertise with me at SAMNA 2019. They each have over a decade of experience in solar finance. Here are three key takeaways bank asset management experts Weis and Disch shared:

Solar energy is now providing the electricity for an entire village in Togo of 4000 people, powering streetlights, homes, schools and shops.

The European Commission has approved a €385 million (US$429.7 million) renewable energy scheme to support renewables generation in Lithuania, including hydroelectric power.

This week global energy and infrastructure group, Eversheds Sutherland, announced that it helped Ball Corporation secure two virtual power purchase agreements (VPPAs) – one wind and one solar – for a total of 388 MW of new renewable energy. According to Ball, these agreements will allow the company to power 100 percent of its corporate, packaging and aerospace operations electricity load in North America with renewable energy by the end of 2021.

Buildings account for nearly four-tenths of U.S. energy consumption through heating, cooling and other electricity use, according to the Energy Information Administration. And if that energy comes from fossil fuels, it releases more greenhouse gases that drive human-caused climate change.

Energy advisory and certification body DNV GL has launched a new digital platform for renewable energy power purchase agreements.

Goldman Sachs Group Inc. sees an end to the gloom for solar manufacturers as demand in China stabilizes and free-falling panel prices bottom out.

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.

British people need to fly less, drive electric cars, eat little meat and turn their home thermostats down to 19 degrees Celsius (66 Fahrenheit) in order to rein in greenhouse gases damaging the planet.

ComEd sees a significant role for energy storage on Illinois’ electric grid as the state works toward realizing its ambitious renewable goals.

Last year was the first time since 2001 that growth in renewable power capacity failed to increase year on year.

New Energy Equity, Region Five Development Commission (R5DC) and Rural Renewable Energy Alliance (RREAL) last week announced a partnership to develop six solar arrays, totaling 1.5 MW, for Pine River-Backus and Pequot Lakes school districts and Central Lakes College.

As of 2018, the city of Los Angeles boasted close to 350 MW of installed local solar power, according to reports. Its solar capacity increased some 44 percent year over year.

This week in Seattle, Washington, Senate Bill 5116 was signed into law in by Governor Jay Inslee after passing the state legislature earlier this month. This bill cuts out coal power by 2025 and requires an equitable transition to 100 percent clean electricity for the entire state by 2045.

The U.K. has now gone more than a week without using any of its coal-fired power stations, yet another record, and a sign that life without the dirtiest fossil fuel might not be that far away.

This week, Enel S.p.A. announced the opening of its newest Innovation Hub in Boston at Greentown Labs, the largest cleantech startup incubator in the United States. The Hub will provide Enel, one of the world’s leading power companies, access to Greentown Labs’ startup community and innovation expertise.

The U.K.’s push for a low-carbon economy has some notable successes, but the hardest part of the battle has barely started.

This week energy developer BayWa r.e. published its Energy Report 2019, which surveyed 1,200 European corporations about their attitudes toward renewable energy.

Incredibly, 1.1 billion people – 14% of the world’s population – still live without access to electricity. In rural, remote communities, many people simply have no light after sunset. That makes being productive at night—such as working and learning--extremely difficult. Limiting useful hours of the day by access to daylight holds back personal and economic development and wastes human potential.

Yesterday, the Environmental and Energy Study Institute (EESI) announced the launch of the Access Clean Energy Savings (ACES) initiative. ACES provides technical assistance to help rural electric cooperatives and public power utilities apply for the U.S. Department of Agriculture’s (USDA) Rural Electric Savings Program (RESP), which provides zero-interest 20-year loans for improving energy efficiency.

This week, diversified real estate acquisition and development firm Commercial Development Company and transmission developer Anbaric said they plan to build a renewable energy center at Brayton Point Commerce Center in Somerset, Massachusetts. The site is the former home of the Brayton Point Coal Plant, the cooling towers for which were demolished two weeks ago. (video of demolition at the end of article at this link).

Renewables firm Pangea Energy and vanadium battery producer CellCube have signed on to build a 50MW storage system alongside a solar farm in South Australia.

CleanChoice Energy on Thursday said it was opening an additional 20.51 MW of community solar capacity for residential customers of Xcel. The new capacity is being supplied by fifteen solar farms owned and operated by AltusPower America in various locations in Minnesota. CleanChoice Energy is the largest community solar provider in Minnesota with more than 85 megawatts of solar capacity.

This week, Xcel Energy announced plans to retire its last two coal plants in the Upper Midwest a decade earlier than scheduled. The acceleration of the coal closures is part of the company’s clean energy transition that includes expanding wind and solar, using natural gas and operating its Monticello nuclear plant until at least 2040.

Oil companies, automakers and consumer products manufacturers will unleash a campaign for a U.S. tax on carbon dioxide emissions even though it may lead to higher prices for their products.

Renewables energy investment in Asia excluding China will overtake spending on upstream oil and gas projects in the region as soon as next year, according to Rystad Energy.

Today, Alabama Municipal Electric Authority (AMEA) and Lightsource BP announced the development of a 100-MW (AC) solar energy project in Montgomery County, Alabama. Lightsource BP will finance, develop, build, own, and operate the solar facility and will deliver energy to AMEA under a 20-year power purchase agreement (PPA). The project, situated 15 miles from AMEA’s headquarters in Montgomery, will supply clean energy to AMEA’s 11 Member utilities located across the state and will generate enough electricity to power more than 20,000 homes.

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.

State-run NTPC Ltd., India’s largest coal-fired power producer, is appointing a new head of its renewables team to speed up its expansion into clean energy, according to a company official with knowledge of the plan.

Brazil is the second-largest producer of hydroelectric power in the world, after only China, and hydropower accounted for more than 70% of the country’s electricity generation in 2018. Brazil’s latest 10-year energy plan seeks to maintain this level of hydro generation while increasing the share of nonhydro renewables, particularly solar.

The nation’s largest electric grid operator is grappling with how to prevent state climate policies from merely pushing emissions — and costs — across state lines.

Anheuser-Busch President and CEO Michel Doukeris wouldn't give financial details of the agreement, but says it's a smart investment

Seattle, WA-based LevelTen Energy helps corporate buyers of renewable energy find and purchase energy from solar and wind projects within North America through its procurement platform. The company says its solution reduces the cost, complexity, and risk of renewable energy power purchase agreements (PPAs), by incorporating analytics, aggregation, and process best practices.

As the world responds to the challenges of climate change, energy systems are evolving, and evolving fast. The past 10 years have seen the rise (and dramatic cost reduction) of renewable energy such as wind and solar, to the extent that they are no longer considered alternative energy. They have become mainstream energy sources. Now, what will be the “next big thing” as the world shifts to a low carbon future?

“Recognizing leaders in the power and energy industry not only gives us the opportunity to celebrate them and the projects that they are involved in, it also enables us to learn vital business and life lessons from these often exceptional individuals. We find out what makes them tick, what frustrates them and the processes they follow to address challenges – this is often inspiring, eye-opening stuff and cannot but contribute to the growth of the sector.“

As the sun sets on California’s solar farms, a backup energy source deep in the Sierra Nevada Mountains springs to life.

According to an analysis by the SUN DAY Campaign of data just released by the Federal Energy Regulatory Commission (FERC), U.S. electrical generating capacity by renewable energy sources (i.e., biomass, geothermal, hydropower, solar, wind) has now - for the first time - surpassed that of coal.

In an announcement that was celebrated by the solar industry, yesterday U.S. trade officials said that bi-facial solar modules, which are solar modules that produce energy on both sides of the panel, would be exempt from import tariffs.

On June 12, Target corporation said it was increasing its renewable energy goals by committing to source 100 percent of its electricity from renewable sources by 2030. The goal applies to all of Target’s domestic operations.

Eleven million people were employed in renewable energy worldwide in 2018 according to the latest analysis by the International Renewable Energy Agency (IRENA).

Go Electric Inc. is a specialist in energy resiliency solutions for microgrids and commercial & industrial customers integrating renewables and generators

Eos Energy Storage is manufacturer and supplier of the zinc-based Aurora 2.0 battery system for Duke Energy's McAlpine substation and as a behind-the-meter solution at the University of California, San Diego. 

Wind or solar now represent the least expensive option for adding new power generation capacity in approximately two-thirds of the world.

The U.S. Environmental Protection Agency (EPA) has issued the Affordable Clean Energy (ACE) rule and simultaneously repealed the Clean Power Plan (CPP).

While the industry is welcoming more women leaders, its rank-and-file workforce is still a lot like those at fossil-fuel companies: white and dominated by men. The lack of gender diversity is being driven by manufacturing jobs, and that means women are now missing out on the biggest jobs boom America has to offer.

POWERGEN International Week truly begins Monday, Nov. 18 with POWERGEN University. This year’s set of three, four and eight-hour PGU classes include detail educations on crucial power generation topics such as effective project management, gas turbine long-term service agreements, safety processes, digitalization, business plans for emerging markets, microgrids, cogeneration, machine learning, boiler technologies, building the generation fleet of the future and the consideration of natural gas vs. diesel for on-site power gen-sets.

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.

Clearway Energy Group, one of the U.S.’s largest clean power developers, is launching a pilot electronic marketplace for renewable energy credits as more states push for solar and wind projects.