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Hitachi Completes Acquisition of ABB Power Grids to Tackle Renewable Energy’s Rise

GreenTechMedia

Japan’s Hitachi has completed its acquisition of a majority stake in ABB Power Grids worth up to $7.8 billion, creating a new business aimed at tackling the renewable and distributed energy frontiers of the power industry. percent stake in the venerable power grids unit of the Swiss-Swedish engineering giant.

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Renewables overtake fossil fuels in 2020 as Britain's power grid enjoys 'greenest year' yet

Business Green

Wind and solar alone generated around 30 per cent of Britain's electricity in 2020, while biomass provided seven per cent, and hydropower made up 1.6 Nuclear power, meanwhile, provided 17.5 per cent of Britain's power last year, while imports accounted for just under seven per cent.

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Britain's power grid celebrates greenest day and month on record in 2022

Business Green

More than half of the UK's electricity came from zero carbon sources across five months last year, as Britain celebrated a flurry of fresh green grid records in 2022, according to National Grid ESO. Favourable conditions then saw that record once again broken by the year-end, with 20.918GW of wind power generated on 30 December.

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Dominion Targets 24GW of Renewables and Storage in Move Toward Virginia’s Clean Energy Goals

GreenTechMedia

Dominion’s Virginia generation portfolio today is roughly one-third natural gas, one-third nuclear and one-quarter coal, with just over 5 percent ascribed to renewable energy, much of it hydropower and biomass. Major boosts for solar, offshore wind and energy storage.

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Low carbon generation set to meet electricity demand growth – IEA

Smart Energy International

Managing power grid complexity: The 5 biggest priorities for utilities in 2024 Energy Transitions Podcast: Accelerating decarbonised power generation at scale Notable expansion of the data centre sector also is likely, with consumption from data centres, AI and the cryptocurrency sector potentially doubling by 2026.

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New Sustainable Energy Factbook shows 2020 was ‘blockbuster’ year for renewables in America

Renewable Energy World

Notable clean energy statistics from the pandemic year include: Power Generation. Renewables’ contribution to the power grid set another record, rising 11% year-on-year. power in 2020. Power from all zero-carbon sources (renewables plus nuclear power) set another record, meeting 40% of demand.

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Can the US Catch Up in the Green Hydrogen Economy?

GreenTechMedia

It’s also investing about $40 million to renovate a hydrogen facility in Quebec, Canada to double its capacity to convert renewable hydropower and wind power to green hydrogen to 20 megawatts by year’s end, she said.

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