renewable energy generation project News
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Obama Says US Supporting Chilean Solar Power Plant
President Barack Obama said Monday that the United States wants to help Chile build Latin America's largest solar power plant. Obama touted the project during an Oval Office meeting with Chilean President Michelle Bachelet, who has returned to office after winning election in March. Obama said Chile has been a model democracy in Latin America and he wants to deepen cooperation between the two ...
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NIB opens loan facility with Inter-American Investment Corporation
Nordic Investment Bank (NIB) has provided a loan of USD 50 million to the Inter-American Investment Corporation (IIC) for on-lending to environmental projects in Latin America. The allocation of projects under the loan programme will be based on the mutual interest of both NIB and the IIC, particularly in the field of climate change mitigation. At least 70% of the loan will be dedicated to ...
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Capital Dynamics raises USD 1.2 billion for its latest CEI fund
Asset management firm, Capital Dynamics has reportedly closed the deal of its joint venture fund, Clean Energy and Infrastructure (CEI) VII JV LLC with an investment of $1.2 billion. All in all, the total amount that Capital Dynamics’ manages for its clean energy and infrastructure strategy would be valued at around USD 4.8 billion, claim trusted sources. The California State ...
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CIT Leads $140 Million Financing for Utility-Scale Energy Storage Portfolio
CIT Group Inc. recently (2/24) announced that its Power and Energy business served as lead arranger for a $140 million financing for esVolta, a leading developer of utility-scale energy storage systems for renewable energy projects. The portfolio consists of more than 136 megawatts of energy storage units supporting eight energy projects in California. esVolta has long-term revenue contracts for ...
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EVLO Launches Its First Battery Energy Storage System Project in the U.S.
EVLO Energy Storage Inc. (EVLO), a fully integrated battery energy storage systems and solutions provider and subsidiary of Hydro-Québec, has announced its first utility-scale storage project in the United States. The 3-MW/12-MWh battery energy storage system (BESS) project to be implemented in Troy, Vermont, within the Sheffield-Highgate Export Interface, will help further the integration of ...
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Eni seeks CSP opportunities; Engie signs South African PPA
Eni rolls out renewables plan, eyes CSP Italian oil and gas producer Eni has announced that it will develop new renewable energy generation projects, including CSP plants, near the company’s facilities in Italy, Pakistan and Egypt in order to make the most of industrial, logistic, contractual and commercial synergies with the company's traditional activities. The projects will help revive ...
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Designing the Tools for a More Resilient National Energy Grid
On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) this week announced $499,744 in funding for Monash University to investigate oscillation issues in Australia’s national energy grid. The $1.3 million project will develop a tool to help identify the root causes of oscillatory instability and identify potential solutions. The tool will be suitable for use by the ...
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Duke Energy to Build Second Pennsylvania Wind Farm
Duke Energy will build a new wind farm in north-central Pennsylvania and sell all of the renewable electricity it generates to Delaware Municipal Electric Corp. (DEMEC) under a 25-year agreement. Duke Energy Renewables, a commercial business unit of Duke Energy, will build, own and operate the 69-megawatt (MW) Laurel Hill Windpower Project in Lycoming County. The wind farm will consist of 30 ...
By Duke Energy
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KEPCO Announces Open Microgrid Project Leveraging Fuel Cells and Blockchain
KEPCO president and CEO Kim Jong-gap announced on November 18 that the company is pursuing its "KEPCO Open MG Project" to develop the future microgrid."KEPCO Open MG" refers to an open energy community that combines existing microgrid technology, digital energy solutions and blockchain. Previously, the microgrid consisted mainly of small photovoltaics, wind turbines, and energy storage devices ...
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Highview Power and Encore Renewable Energy to Co-Develop the First Long Duration, Liquid Air Energy Storage System in the United States
Highview Power Storage, Inc., a global leader in long duration energy storage solutions, and Encore Renewable Energy, a developer of renewable energy generation and storage projects, today jointly announced plans to develop the United States’ first long duration, liquid air energy storage system. This facility will be a minimum of 50MW, provide in excess of eight hours of storage (400MWh) ...
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AES Wind Generation and AES Energy Storage Announce Commercial Operation of Laurel Mountain Wind Facility Combining Energy Storage and Wind Generation
AES Wind Generation and AES Energy Storage announce the commercial operation of AES Laurel Mountain, a wind generation plant comprised of 98 MW of wind generation and 32 MW of integrated battery-based energy storage. The project is supplying emissions-free renewable energy and clean, flexible, operating reserve capacity to the PJM Interconnection, the largest ...
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Europe’s Largest Onshore Wind Project Now in Service with GE 2.5-Megawatt Wind Turbines
CEZ Group’s 600-megawatt Fantanele/Cogealac wind park, Europe’s largest onshore wind project, now is in full operation and is producing enough cleaner energy to power more than one million Romanian households each year. The project utilizes 240 GE 2.5-megawatt wind turbines, including the 1,000th 2.5-megawatt (MW) class machine installed by GE worldwide. The final wind turbine for ...
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Bayer and Cat Creek Energy Sign Landmark Renewable Energy Deal
Bayer, a global enterprise with core competencies in the life science fields of health care and nutrition, and Cat Creek Energy (CCE), a renewable energy Independent Power Producer, today announced a long-term Structured Renewable Energy Credit (REC) Purchase Agreement that will satisfy Bayer´s renewable electricity needs and lead to the construction by CCE of multiple variable renewable ...
By Bayer AG
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New York’s Largest On-Farm Biogas Power Project Generates Renewable Energy for Nearly 1,000 Homes
U.S. Sen. Charles Schumer (D-N.Y.) joined state and local officials today at the grand opening of New York state’s largest on-farm, ‘co-digestion’ biogas power project, marking an important boost to the state’s renewable energy production and sustainability efforts. The facility is located at Synergy Dairy, a 2,000-head dairy farm in ...
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San Diego Gas & Electric (SDG&E) & Solar Solutions for Outage Management
SDG&E will test and deploy various smart grid technologies including energy storage, smart meters, energy-management systems and integrated renewable energy generation. The goal of the three-year project is to demonstrate how to maintain reliability in a more complex grid, leverage distributed resources to benefit the community and electric system, enable more active participation by ...
By Marcus Evans
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Germany`s Rising Share of Renewable Energy Sources Boosting Energy Storage Segment
Batteries 2011 in Cannes Over 20 percent of Germany's total energy mix is from renewable sources and this share continues to rise, according to recent estimates. The growth in the energy supply calls for innovative storage technology which has spurred the development of battery and smart grid technology in Germany. Germany Trade & Invest representative will be present at this year's ...
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Ohmium Announces Agreement with E4Efficiency to Provide Up to 52 Tons Green Hydrogen for Project in Southern Spain
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 ...
By Ohmium
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California to require zero energy buildings
Every two years, the California Energy Commission (CEC) releases an Integrated Energy Policy Report in which it makes recommendations for energy policy in the state, including changes to Title 24, the energy efficiency portion of the building codes. In its 2007 report, CEC recommends adjusting Title 24 to require net-zero-energy performance in residential buildings by 2020 and in commercial ...
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SRP to Cut Emissions Through Major Solar + Battery Energy Purchase
As part of its commitment to reduce carbon emissions and invest in 1,000 megawatts of new utility-scale solar energy by 2025, Salt River Project recently announced investments in two new solar energy + battery storage plants. The Sonoran Energy Center will be the largest solar-charged battery project in the state and with the addition of these two plants will make SRP one of the largest investors ...
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Masdar and Uzbekistan Government sign PPA agreement to develop landmark 500MW wind project
Masdar, one of the world’s leading renewable energy companies, has signed an agreement with the Ministry of Investments and Foreign Trade of the Republic of Uzbekistan and JSC National Electric Grid of Uzbekistan to design, finance, build and operate a 500-megawatt utility-scale wind farm project. The Power Purchase Agreement (PPA) and Investment Agreement was signed during a virtual ...
By MASDAR
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