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Transferability and the Inflation Reduction Act (IRA) have opened up tax equity financing to the wider corporate world, but significant risks remain with so many new entrants and technologies in the mix, tax credits specialist Foss & Co told Energy-Storage.news.
Toyota Unveils Portable Hydrogen Cartridges at Japan Mobility Show 2024 Toyota has once again demonstrated its commitment to pioneering carbon-neutral technologies by unveiling a revolutionary portable hydrogen energy cartridge at the Japan Mobility Show Bizweek 2024 in Tokyo. This innovative technology promises to significantly impact the future of hydrogen-powered vehicles and energy consumption in everyday life.
Power from new co-located renewable energy and battery projects in California will be bought by Amazon and a number of Community Choice Aggregators (CCAs).
Broken Hill has a big wind farm, a solar farm and a big battery, all of which are all looking pretty useless now. The battery, in particular, is not doing what it says on the box, and highlights industry frustration with the grid management process. The post Broken Hill has a wind farm, a solar farm and a big battery. So, why are the lights out? appeared first on RenewEconomy.
Speaker: Nikhil Joshi, Founder & President of Snic Solutions
Is your manufacturing operation reaching its efficiency potential? A Manufacturing Execution System (MES) could be the game-changer, helping you reduce waste, cut costs, and lower your carbon footprint. Join Nikhil Joshi, Founder & President of Snic Solutions, in this value-packed webinar as he breaks down how MES can drive operational excellence and sustainability.
Pine Gate Renewables has closed on a $288 million preferred equity investment with funds affiliated with Blackstone Credit & Insurance. The investment supports six solar projects across two states totaling 780 MW, backed by corporate offtake agreements. “Leading Pine Gate’s first preferred equity investment was a significant milestone for our team and the enterprise at large,” says Pine Gate Renewables’ Meghan Comiskey. “A multi-portfolio transaction with the excepti
Pace of growth helps maintain renewable energy when weather conditions interfere with wind and solar Faced with worsening climate -driven disasters and an electricity grid increasingly supplied by intermittent renewables , the US is rapidly installing huge batteries that are already starting to help prevent power blackouts. From barely anything just a few years ago, the US is now adding utility-scale batteries at a dizzying pace, having installed more than 20 gigawatts of battery capacity to the
Recurrent Energy ’s 134 MW Liberty Solar project near Houston, Texas, has reached commercial operation. Customers for the project include Autodesk, Biogen, EMD Electronics and Wayfair. Liberty Solar additionally expands energy capacity for the Midcontinent Independent System Operator (MISO) market. “Liberty Solar is a fantastic project that expands Recurrent Energy’s project ownership in MISO,” says Ismael Guerrero, CEO of Recurrent Energy.
Recurrent Energy ’s 134 MW Liberty Solar project near Houston, Texas, has reached commercial operation. Customers for the project include Autodesk, Biogen, EMD Electronics and Wayfair. Liberty Solar additionally expands energy capacity for the Midcontinent Independent System Operator (MISO) market. “Liberty Solar is a fantastic project that expands Recurrent Energy’s project ownership in MISO,” says Ismael Guerrero, CEO of Recurrent Energy.
The Nanyang Technological University (NTU) in Singapore and partner institution Universitas Gadjah Mada, Indonesia has an open PhD position for project on “Advanced Techniques in Geothermal Systems: Integrating AI for Enhanced Efficiency.” The PhD project is part of the prestigious Indonesia–NTU Singapore Institute of Research for Sustainability and Innovation (INSPIRASI) program.
Enfinity Global has closed a $97 million structured credit facility with Nomura for a 608 MW portfolio of solar assets currently in operation or under construction spanning the CAISO, WECC and SERC markets within the U.S. The asset-based credit facility provides development and construction financing for Enfinity’s development and ready-to-build projects, along with strategic refinancing for its operational fleet.
Council members at the City of Katy in Texas have voted to deny a Special Use Permit (SUP) for a 500MW standalone BESS project proposed by independent power producer (IPP) Vesper Energy.
ENGIE North America has signed a PPA with Google to supply 90 MW from its Chillingham solar project in Bell County, Texas. This is the fifth renewable energy project under agreement between the two companies globally. To support its Texas operations, Google will purchase a portion of the 350 MW facility’s output, which is expected to commence operation later this year.
Speaker: Kevin Kai Wong, President of Emergent Energy Solutions
In today's industrial landscape, the pursuit of sustainable energy optimization and decarbonization has become paramount. ♻️ Manufacturing corporations across the U.S. are facing the urgent need to align with decarbonization goals while enhancing efficiency and productivity. Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets. 📊 Join us for a practical webinar hosted by Kevin Kai Wong of Emergent Ene
Swift Current Energy has closed tax equity financing with PNC Bank for its 138 MW Harvest Gold Solar project, located in Sunflower County, Miss. The company says that the project reached commercial operation this summer. Target Corporation is purchasing 100% of the energy and renewable energy credits produced by Harvest Gold. Target and Swift Current previously collaborated on Swift Current’s 197 MW Castle Gap Wind project located in Texas. “We are thrilled to complete development a
IPP Genera PR has chosen Tesla to provide the BESS technology for a 430MW/1,720MWh pipeline of projects in Puerto Rico, set to enter commercial operations at the end of 2025.
Reality is slowly dawning that some of the hoped-for applications of green hydrogen might never come to fruition. But there is still a bit of nonsense around – much of it coming from the gas industry. The post “Like washing your floor with Italian mineral water:” Why hydrogen won’t do the things the gas industry says appeared first on RenewEconomy.
Speaker: Ayesha Choudhury - Senior Vice President, Head of Capital Markets at Infinium
With the first wave of the energy transition, renewable energy sources (such as solar and wind) have begun replacing coal power generation. However, some sectors are lagging behind and struggling to decarbonize more than others, including large-scale transportation like commercial aviation, shipping, and rail transit. Electrofuels (aka eFuels) are the next generation of solutions to help the hardest-to-abate sectors pivot from their reliance on fossil fuels.
PPC Renewables (PPCR) has published three tenders for Geothermal Consultancy Services for Lesvos Island, Milos Island, Nisyros Island, and Methana Peninsula. The links to the individual tenders and corresponding deadlines are as follows: Lesvos Islands (submission deadline: 5 November 2024) Milos Island (submission deadline: 20 November 2024) Nisyros Island & Methana Peninsula (submission deadline: 19 November 2024) Scope of consultancy services In all four mentioned areas, geological, geoph
DHL and Diageo Roll Out Hydrogen-Powered Trucks from Nikola DHL Supply Chain, a leader in contract logistics, in partnership with Diageo North America, a prominent premium drinks company, has announced the integration of two hydrogen fuel cell electric trucks into their U.S. fleet. These Class 8 trucks, developed by Nikola Corporation, will be deployed at the Diageo campus in Plainfield, Illinois, using a HYLA modular refueler.
This August, Xcel Energy submitted a proposal to the Minnesota Public Utilities Commission asking permission to build nearly 800 megawatts of distributed solar and energy storage. That a large, investor-owned utility wants to “leverage fast-to-deploy, modular distributed energy resources” is exciting news.
Cuba is in the throes of a severe energy crisis, driven by fuel supply disruptions and compounded by obstacles in securing vital technologies and supplies needed to modernize and operate […] The post A Breakdown of Cuba’s Grid Collapse and Recovery Efforts appeared first on POWER Magazine.
Speaker: Nik Gowing, Brenda Laurel, Sheridan Tatsuno, Archie Kasnet, and Bruce Armstrong Taylor
With 191 country signatories to the Paris Climate Agreement now hard at work in the race to zero carbon by 2050, much of the heavy lifting in ecosystem sustainability falls on the shoulders of the world's densely populated urban centers. This conversation considers how today's AI-enabled simulation media, such as AR/VR, can be effectively applied to accelerate learning, understanding, training, and solutions-modeling to sustainability planning and design.
Why is it that no government will take on the Australian gas industry, irrespective of their contribution to global emissions and worsening climate change? The post Exporting gas can more than double the emissions compared to using it in Australia. So why are we doing it? appeared first on RenewEconomy.
A fully recyclable cardboard trade show stand, a gutsy electric vehicle charger and plenty of products and ideas to decarbonise industry were seen by record crowds at All Energy 2024. The post Huge crowds and new technology at All Energy point to scale of green energy transition appeared first on RenewEconomy.
Speaker: Bruce Armstrong Taylor, Co-Founder & Managing Director of SmartNations Foundation, Jimmy Jia, Venture Partner at Pi Labs, Fabienne Durand, Senior Advisor to the SmartNations Foundation, & Roger Strukhoff, Executive Director of the Tau Institute
The Climate 4.0 Economy. Climate change is here. We see it in many ways already. Weather catastrophes: Texas freezing over, the wildfires of California, the increasingly unpredictable violence and frequency of hurricanes, the rapid melting and disappearance of polar ice caps. Much more evidence all around us. What can we do in our corporate organizations, in our homes and communities, to change the current course?
When Melinda Sims first started LoCI Controls , a company that provides landfills with real-time data on methane collection, she wasn’t trying to address climate change.
Greetings Agents of Impact! In today’s Brief: Featured: Catalytic Capital C3 doubles down to scale up deployments of catalytic capital. Below market, concessional. The post The Brief: C3 doubles down on catalytic capital appeared first on ImpactAlpha.
The China Petroleum & Chemical Corporation (Sinopec) has announced that their first geothermal power demonstration project has obtained the access permit to start supplying power to the power grid in Xianyang City in Shaanxi Province, China. The facility is an integrated power, heat, and helium extraction plant. The project is described as a low-temperature power generation project, drawing thermal water from a 3000-meter deep well with a wellhead temperature of about 102 °C.
A California-based technology group has joined a global independent investment firm in an equity partnership that supports lease and power purchase agreements in the residential renewable energy sector. GoodLeap, headquartered […] The post Equity Partnership Acquiring $1.5 Billion of Residential Solar, Storage Products appeared first on POWER Magazine.
South Australian government signs MoU paving the way for what is intended as “significant collaboration” in renewables and hydrogen. The post South Australia partners with Hyundai on renewables and hydrogen appeared first on RenewEconomy.
Earlier this year, Planet, ERM, Salesforce, and NatureMetrics launched the NatureTech Alliance at the World Economic Forum in Davos to help companies harness advanced data and technology to tackle their most urgent nature challenges. This week at COP16, this Alliance released a new report with insights from leading companies about their nature performance journeys – what they’re learning, where they’re stuck.
The shift towards renewable energy has been gaining momentum and for a good reason. Solar energy, in particular, stands out as a clean, sustainable, and cost-effective alternative to traditional fossil fuels. By harnessing the power of the sun, you can not only reduce your carbon footprint but also save a significant amount on your energy bills. Here is an explanation of how solar energy works, the financial and environmental benefits, and what you need to consider before making the switch to so
Australian newcomer Tesseract ESS adds Chinese energy storage giant Hyperstrong to its team offering commercial and industrial solar and battery PPAs. The post Hyperstrong joins new venture offering solar batteries to business for zero up front cost appeared first on RenewEconomy.
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