38 News & Press Releases found
Greentech Media News
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Puerto Rico Legislature Approves 100 Percent Renewable Energy Target
Puerto Rico today joined a small, but growing, cohort of jurisdictions pursuing 100 percent renewables when its House of Representatives approved legislation (PS 1121) that revamps the island`s energy system. Hawaii and Washington, D.C. are the ...
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Subsidy-Free Solar Moves North in Europe
Subsidy-free solar, already established in Southern European markets, is extending northward across Europe, with developers making the numbers stack up in Britain and Germany. Last month, for example, the German utility Energie ...
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How to Value a Solar Development Pipeline, Part 2
Recently, in a quiet moment between energy transactions, I pondered: When does a solar project become a solar project? It’s a philosophical question, perhaps. Thankfully (and not surprisingly), my colleagues in engineering had a few opinions. ...
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Solar Is Gaining in Wind Markets as the PTC Steps Down
Over the years, top-ranking wind and solar markets have overlapped in just a few states. Where wind flourished, solar usually hung back, and vice versa. “Each of our technologies has largely had their own playpen,” said Anthony Logan, a ...
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Utility-Scale Solar Projections Now Exceed Pre-Tariff Forecasts
The latest data from Wood Mackenzie Power & Renewables shows a year-over-year dip for solar, but growth above pre-tariff levels on the horizon. Projections for utility-scale solar growth from 2020 to 2022 now exceed forecasts drafted before the ...
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How to Value a Solar Development Pipeline, Part 1
Photovoltaic solar projects have become a conventional asset class. The technology is proven at scale, the revenue stream looks and feels like an annuity, and with mainstream customers like Walmart and your local utility, the sizzle has faded. In ...
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The Risks and Rewards of Latin America’s Solar Boom
Latin America`s solar market is set for exponential growth. The region could make up 10 percent of the global solar market, according to Wood Mackenzie Power & Renewables. In this podcast, we`re speaking with two of the most in-the-know people ...
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Final IRP Proposal for Puerto Rico Calls for ‘Mini-Grids’ and Rapid Solar and Storage Deployment
The Puerto Rico Electric Power Authority this week filed a final draft of its 2019-2038 integrated resource plan, which calls for big deployments of solar and storage and a system of eight distributed “mini-grids” to support ...
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Price Pressure Weighs on Solar O&M Vendors
In 2018, operations and maintenance contract prices for solar remained low. While vendors continue to seek relief from price pressure by cutting costs and offering more services, price pressure is constant and expected to continue into 2019. This ...
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US Solar Job Numbers Decline for the Second Consecutive Year
In 2018, the U.S. solar industry lost jobs for the second year in a row, according to numbers reported by the nonprofit Solar Foundation on Tuesday. Employment in solar was down 3.2 percent over 2017, according to the organization’s 2018 ...
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UK’s National Grid Goes Big Into Energy Storage With 201MW of Fast-Acting Batteries
U.K. grid operator National Grid has just put its money behind one of the world’s single largest procurements of energy storage. Late last week, the owner and operator of the transmission grid in England and Wales announced 201 megawatts of ...
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US Installed Microgrid Capacity to Grow 115% and Reach 4.3GW Over the Next 5 Years
A shift away from single-entity owned and operated projects is greatly improving microgrid project economics in the U.S. microgrid market. In its newly released report, U.S. Microgrids 2016: Market Drivers, Analysis and Forecast, GTM Research ...
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Fraunhofer Tests a New Underwater Energy Storage Concept
The Fraunhofer Institute is planning to test a new storage concept in a German lake before the end of this year. The storage idea, which involves placing hollow concrete globes on sea or lake beds, resembles an underwater balloon technology already ...
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Scottish Firm Claims Commercial Tidal Power Breakthrough
Guardian: World First for Shetlands in Tidal Power Breakthrough A power company in Shetland has claimed a breakthrough in the race to develop viable offshore tidal stations after successfully feeding electricity to local homes. Nova ...
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Is America on the Cusp of an Offshore Wind Boom?
America’s first offshore wind project, the 30-megawatt Block Island Wind Farm off the coast of Rhode Island, is almost complete. The developer, Deepwater Wind, is already eyeing much bigger projects off the Atlantic coast. Meanwhile, ...
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How California Created a New System for Determining the Costs of Grid Connection
Interconnecting to the grid is one of the key hurdles for renewable energy project development. The process can be lengthy, expensive and irksome. Some projects take three or more years to get interconnected, with a price tag of millions of dollars, ...
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If Tesla Acquires SolarCity, Success Will Depend on Energy Storage
When Elon Musk unveiled his intent to acquire the solar installer SolarCity, many observers and investors balked. Some have wondered if the deal amounts to nothing more than a bailout for the Musk-supported SolarCity at Tesla’s expense. After ...
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Sonnen and Greensmith Enter the Commercial Energy Storage Fray
Commercial and industrial storage has been the fastest-growing part of the storage sector, and companies are taking notice. Two major energy storage companies launched new systems aimed at the C&I market in July. Sonnen, the stalwart German ...
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US Government issues loans for the first nuclear reactors in 30 years
Energy Secretary Ernest Moniz will travel to Waynesboro, Georgia on Thursday to issue approximately $6.5 billion in loan guarantees for two new nuclear reactors at the Alvin W. Vogtle Electric Generating Plant. The reactors will be the first new ...
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Why America needs a national electricity council
Since 1941, the National Petroleum Council (NPC) has acted as the unified voice of the oil and gas industry to advise the Secretary of Energy on domestic and international policy issues. The NPC has published over 200 influential reports on the ...