Herbert was joined by Mitsubishi Hitachi Power Systems (MHPS) and Magnum Development at the event to detail the Advanced Clean Energy Storage (ACES) project in central Utah. They called it the largest such energy storage project in the world.

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.“

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.

German utility EnBW has acquired French wind and solar developer and operator VALECO.

Sweden’s ambitious plan to drastically cut emissions from transport by bringing millions of electric cars onto the road could be derailed by a lack of power capacity for new charging stations in major cities.

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

Alphabet Inc.’s Google said it would invest 1 billion euros ($1.1 billion) to expand its data center infrastructure in the Netherlands.

Here’s the latest wrinkle in the battery boom: National Grid Plc is paying consumers to tap electricity from their power-storage systems.

The vast majority of Americans have air conditioning but in Germany almost nobody does. At least not yet.

Last week in San Antonio, Texas, about 150 DISTRIBUTECH stakeholders convened to discuss industry trends, best practices for marketing and sales in the utility industry and set the educational agenda for the 2020 event.

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.

Worldwide investments in clean energy projects have hit a six-year low.

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.

GE Renewable Energy announced at HydroVision that it has signed two hydropower contracts in the U.S. one for FirstLight’s Northfield Mountain project and one for PG&E’s Caribou One hydropower station.

Saudi Arabia, the world’s biggest oil exporter, is poised to start generating wind power within three years as part of an effort to harness renewable energy to cut local demand for fossil fuels.

Missouri’s smallest investor-owned utility is charting a dramatically different course two years after being acquired by new owners.

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.

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%.

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.

Consumers Energy says it’s happy with the launch of its electric vehicle charging station program and open to expanding the three-year, $10 million pilot.

New textile-based solar cells developed by Fraunhofer researchers, semitrailers could soon be producing the electricity needed to power cooling systems or other onboard equipment. In short, textile-based solar cells could soon be adding a whole new dimension to photovoltaics, complementing the use of conventional silicon-based solar cells.

It may be time to start building power plants in Texas again.

The electric utility industry has been buffeted by two recent trends that threaten to upend the profitability, and in some cases the future viability of, those companies that are slow to adapt to a new, rapidly changing landscape. Specifically, in the past decade, the industry has had to grapple with both waning demand and the growth of distributed energy generation.

Korean biopharma company, PharmAbcine, is commencing full-scale clinical trials of a brain cancer treatment in the United States, following pioneering early phase trials in Australia.

The Boeing Company is set to design and build a large, military unmanned air vehicle (UAV) in Australia, with the first flight set for 2020. The Australian government will invest A$40 million in the project.

There are few countries better placed than Australia to meet the growing global demand for foods that enhance health and wellness.

Praxis Precision Medicines has chosen Australia to be its Asia-Pacific headquarters and research and development (R&D) centre.

Chinese genome sequencing company, BGI Genomics (BGI), and Australian health-data expert, Pryzm Health (Pryzm) have announced a collaboration designed to bring genome-related precision health services to Australia.

San Diego-based biotechnology company, Organovo Holdings (Organovo), has announced a tie up with a Melbourne research institute to help develop regenerative medicine in Australia.

Austrade has launched a digital health website showcasing Australia as an ideal location for developing, testing and launching the next generation of digital medical technologies.

Seoul-based genome specialist, Macrogen, has agreed a A$4.1 million investment in the Queensland microbiome testing and bioinformatics company, Microba.

UK company BAE Systems has been selected as preferred tenderer for the SEA 5000 program to deliver the Australian Government’s nine Future Frigates for the Royal Australian Navy.

Naval shipbuilder Navantia Australia, a subsidiary of Spain-based Navantia S.A., has opened a new design and engineering centre in Melbourne.

Oji Fibre Solutions (OjiFS), the New Zealand subsidiary of Japanese manufacturer Oji Holdings Corporation (Oji Holdings), has opened its A$72 million corrugated box manufacturing facility in the Gold Coast suburb of Yatala.

Japanese chemical giant Sumitomo Chemical group has spent approximately ¥15 billion (A$177 million) on Botanical Resources Australia, a Tasmanian pyrethrum business.

A Chinese fund has invested A$45 million to accelerate the development and commercialisation of translational health and medical research outcomes from South Australia. The investment will enable researchers from the University of Adelaide, University of South Australia, the state’s hospitals and other institutions to develop proof of concept, undertake clinical trials, and bring new drugs and technologies to the global market.

British Columbia plans to proceed with construction of the Site C hydroelectric dam on the Peace River in the Canadian province’s northeast.

Warren Buffett wants to tell you the best time to wash your clothes. Or at least his energy company in the U.K does. Buffett’s Northern Powergrid Holdings Co. is working with Siemens AG to test a so-called smart grid that has the ability to control when consumer appliances will be used in the home.

Japan’s trade ministry is setting stricter rules for production and sales of renewable energy in what it says is a drive to speed up development of projects and ensure stable power supply.

News on the global hydroelectric industry from November-December 2014

Statkraft AS, Norway’s state-owned power company, said it plans to plow as much as 60 billion kroner ($8.1 billion) into renewable energy around the world in the coming years after the government boosted its funding.

Serbia seeks to unblock investment in renewable energy after adopting legislation that opens gas and power markets in line with European Union guidelines.

A problem with bearing cooling at the Lookout Shoals plant helped Duke Energy uncover several other issues that needed to be resolved. Through creative approaches and significant machining work, the units are now operating dependably.

One or two new runners for the units at the 355-MW Brazeau Power Station in Alberta, Canada, would allow owner TransAlta Corp. to better optimize revenue and provide valuable ancillary services. Modeling of the various upgrade options allowed the utility to arrive at the most valuable solution.

Learn how Canadian utility SaskPower integrated its hydro and non-hydro generating assets under one management system using Hatch's Vista Decision Support System.

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

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.