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Renewables remain competitive despite fossil fuel prices returning closer to historical cost levels, concludes Renewable Power Generation Costs in 2023, released by the International Renewable Energy Agency (IRENA) at the Global Renewables Summit during the UN General Assembly in New York this week. Of the record 473 gigawatts added in 2023, 81% or 382 GW of newly commissioned, utility-scale ...
WESTLAKE VILLAGE, Calif. & NEW SOUTH WALES, Australia-Energy Vault Holdings, Inc. (NYSE: NRGV) ("Energy Vault"), a leader in sustainable, grid-scale energy storage solutions, and ACEN Australia, today announced the main contractual agreements for two battery energy storage system (BESS) deployments totaling 400 MWh in Australia. Construction on both deployments is expected to begin in the ...
Governor Kathy Hochul this week (Aug 25) announced that New York's first state-owned utility-scale battery energy storage project is now operating in the North Country's Franklin County. The 20-megawatt facility installed and operated by the New York Power Authority connects into the state's electric grid, helping to relieve transmission congestion and pave the way for the utility industry and ...
To continue Clarke Energy’s commitment to learning and technical support, South Pacific Kohler Technical Support Manager, Ty Martin, recently delivered specialised training to our Papua New Guinea Channel Partners, ECM (Electrical Construction & Management) service technicians. ECM is a trusted electrical contracting company, which services all areas of electrical construction and ...
Ohmium International, a green hydrogen company that designs, manufactures, and deploys advanced Proton Exchange Membrane (PEM) Electrolyzer systems, today announced a new agreement with Efficiency for LNG Applications (E4Efficiency),a leading Spanish energy efficiency company, to provide green hydrogen for the Huelva project in Andalusia, Spain. The project will supply up to 52 tons of green ...
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Recently, HuaDe Hydrogen’s 5kWe pure hydrogen fuel cell cogeneration system (Model No. CarNeu-5) was successfully developed. It will be delivered to the northwest of China and applied for a project including PV, water hydrogen production - hydro-hydrogenation - power generation - heating integration project. The physical product diagram is shown in Figure 1. CarNeu-5 system is a pure ...
Thanks to a partnership between Enel X and ADR (Aeroporti di Roma, Airports of Rome), second-life batteries from electric vehicles will be integrated into a 30 MW solar park being built at Rome Fiumicino Airport and scheduled to be finished by 2024, helping to drastically reduce emissions at the airport. The project, called Pioneer- airPort sustaInability secONd lifE battEry stoRage, has been ...
Abengoa this week annouced that it has been selected to construct a hybrid microgrid power plant by the leading vanadium energy storage solutions provider in the African market Bushveld Energy. Specifically, the company will be responsible for the engineering, supply and construction of a plant integrated by an energy storage system using Vanadium Redox Flow Batteries (VRFB BESS), with a ...
Lightsource bp has entered into a purchase agreement with Array Technologies (NASDAQ:ARRY) that will supply Lightsource bp’s newly developed solar portfolio of 1.4GW across the world with DuraTrack HZ v3 single-axis solar trackers equipped with plant optimizing SmarTrack technology. Once constructed and connected, this newly added solar capacity will generate enough combined renewable ...
Lightsource bp has entered into a purchase agreement with Array Technologies that will supply Lightsource bp’s newly developed solar portfolio of 1.4GW across the world with DuraTrack HZ v3 single-axis solar trackers equipped with plant optimizing SmarTrackTM technology. Once constructed and connected, this newly added solar capacity will generate enough combined renewable electricity to ...
The virtual ceremony of the second annual Diesel Progress Summit Awards was held on Tuesday, 20th October 2020. This event celebrates the major innovations in the automotive field across eight different categories for products already available for sale since the previous year. In the prestigious “Electric or Hybrid Application/Component of the Year” category, the innovative zero ...
Enel, through its US renewable subsidiary Enel Green Power North America, started construction of the 284 MW1 Azure Sky solar + storage project, its second hybrid project in North America that integrates a renewable energy plant with utility-scale battery storage. The project is another milestone in the company's commitment, announced in July, to invest in renewables-plus-storage hybrids in the ...
Renewable power is increasingly cheaper than any new electricity capacity based on fossil fuels, a new report by the International Renewable Energy Agency (IRENA) published this week finds. Renewable Power Generation Costs in 2019 shows that more than half of the renewable capacity added in 2019 achieved lower power costs than the cheapest new coal plants. The report highlights that new renewable ...
Oil group Galp to buy 2.9 GW of Spanish PV projects Portuguese oil and gas group Galp Energia has agreed to buy stakes in 2.9 GW of Spanish PV capacity, in operation or under development, from ACS Group, Galp announced January 22. Valued at 2.2 billion-euro ($2.4 billion), the portfolio includes 900 MW of operational capacity and 2 GW of projects scheduled to be built by 2023, and will make ...
US wind installs to smash records as Texas activity soars The U.S. is forecast to install 18.5 GW of new wind capacity and 13.5 GW of PV capacity in 2020, together accounting for 76% of total new capacity additions, according to the U.S. Energy Information Administration's (EIA) latest inventory of power generation projects. New wind additions in 2020 will smash the record level of 13.2 GW set ...
The new genset provides exceptionally high electrical efficiency of up to 48 percent and a total efficiency of up to 93 percent, achieving outputs of 9,830kWe to 10,300kWe. "This innovative new MWM technology will provide higher cost savings and improved environmental performance and resilience for industrial customers and peaking plant developers", said Hugh Richmond, CEO of Edina. The ...
Deep declines in wind, solar and battery technology costs will result in a grid nearly half-powered by the two fast-growing renewable energy sources by 2050, according to the latest projections from BloombergNEF (BNEF). In its New Energy Outlook 2019 (NEO), BNEF sees these technologies ensuring that – at least until 2030 – the power sector contributes its share toward keeping global temperatures ...
A team of experienced microgrid and distributed energy resource leaders recently (8/1) announced the readiness of Crescendo Power to allocate sponsor and tax equity, focused on funding 1-10MW onsite power generation projects in the commercial, industrial, Higher Education and Hospital segments. After a company he co-founded in 1992 was acquired by Hitachi in 2006, Todd Price spent over 10 years ...
Black & Veatch has been selected as owner’s engineer by Centrais Elétricas de Sergipe (CELSE) for a 1,516 megawatt combined cycle power project in northeastern Brazil. The Porto de Sergipe plant will meet growing electricity demand and supplement hydropower supplies during dry weather seasons. It will be the largest natural gas power station in South America. As owner’s ...
Lightsource Renewable Energy, Europe’s leading solar energy generator, has announced the connection of the UK’s first Contracts for Difference (CfD) solar farm with £8.7million of funding from The Royal Bank of Scotland plc (“RBS”). Connected on June 30th, the Charity Farm installation, in Shropshire, has an installed capacity of 11.94MW and was one of five solar ...