Showing results for: utility-scale renewable energy News
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ACWA Power Wins First Ever Utility Scale Renewable Energy Project in Saudi Arabia
ACWA Power, the Saudi, global leader in developing, constructing and operating power generation and desalination water plants in 11 countries, has won Skaka IPP PV solar project, the first utility scale Renewable Energy plant at the oil capital, the Kingdom of Saudi Arabia. This plant is the first of what will be a series of procurement within the Saudi national renewables program, aiming to ...
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Inerjys Announces Partnership in Energy Innovation with Hydro-Québec’s Research Institute
Inerjys, a Montreal-based cleantech growth-equity fund, is pleased to announce today that it has forged a strategic partnership with the Hydro-Québec Research Institute (IREQ). As part of the new partnership, Inerjys and IREQ will work together to innovate in clean technologies, including renewable energy generation, advanced energy storage, and smart-grid ...
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BOEING-SPECTROLAB-PYRON and Lion Energy, S.A. have signed a Letter of Intent to jointly develop solar opportunities in Greece and the Middle East
San Diego, California - The agreement contains the plans for the companies to form a joint venture for manufacturing and distribution of Pyron Solar systems in Greece. Initially, Lion Energy will purchase entire systems from Pyron Solar to develop utility scale solar farms for electricity generation in Greece. As the new systems are brought on line in 2007, the JV will establish ...
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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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EPA Unveils Calif. Mapping Tool for Developing Renewable Energy Sources
The U.S. Environmental Protection Agency, in partnership with the U.S. Department of Energy’s National Renewable Energy Laboratory, announced an online mapping tool that enables users to find contaminated and degraded properties in California ideal for renewable energy redevelopment. The Renewable Energy Siting Tool, funded by EPA, screens approximately 11,000 contaminated, degraded or ...
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GE and Plutonic Power considering acquisition of largest wind project in British Columbia
GE Energy Financial Services has announced it has signed an agreement with EarthFirst Canada Inc. (TSX: EF, EF.WT) to consider purchasing the up to 300-megawatt Dokie Ridge Wind Project, the largest wind farm project under construction in British Columbia. Subject to satisfaction of conditions, including due diligence and internal approvals, GE Energy Financial Services has agreed to form a ...
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Hawaiian Electric Highlights Renewable Energy Progress in 2022-23 Sustainability Report
By the end of 2022, 37% of single-family homes across the five islands Hawaiian Electric serves had rooftop solar, Oahu's first grid-scale solar and storage project was online, and the state's last remaining coal plant was retired. That's the kind of progress outlined in Hawaiian Electric's 2022-23 Corporate Sustainability Report, "Building a Strong and Resilient Hawaii Together," now online. ...
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Inerjys Beefs Up Team In Advance of First Close
Inerjys, the $1 billion growth equity fund and global leader in green finance, is pleased to announce that it has forged a world-class senior management team with the additions of Jigar Shah and Russell Pullan as Partners in the firm. Mr. Shah, a leading international clean energy entrepreneur and investor, joins Inerjys from the Carbon War Room, which ...
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Canadian Firm Inerjys Featured at Clinton Global Initiative
Stephan Ouaknine, chairman and CEO of the Montreal-based clean energy investment firm Inerjys, has been invited to the Clinton Global Initiative to discuss finance for impact and scale. Ouaknine is challenging the CGI community to not just to devote more resources and attention to clean energy—but to rethink how finance can be used as part of the ...
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AEG power solutions join CSP today Sevilla exhibiting innovative CSP solutions
Experts in the power sector, AEG Power Solutions, will be showcasing their CSP solutions at CSP Today Sevilla’s focused exhibition in November. AEG Power Solutions have confirmed that they will join the 5th International Concentrated Solar Thermal Power Summit as an exhibitor in CSP Today’s solution zone. The event, widely known as CSP Today Sevilla, will take place on the 29th and ...
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ESS to Deliver an Expected 12 GWh of Long-Duration Storage Iron Flow Batteries in Australia
ESS Inc. this week announced a strategic partnership with Energy Storage Industries Asia Pacific (ESI) to distribute and manufacture iron flow batteries utilizing ESS technology in Australia, New Zealand and Oceania to meet rapidly growing demand for long-duration energy storage in the region. Under the terms of the agreement, ESS will initially supply 70 complete 75kW / 500kWh Energy Warehouse ...
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Renewable Energy Employs 9.8 million People Worldwide, New IRENA Report Finds
More than 9.8 million people were employed in the renewable energy sector in 2016, according to a new report from the International Renewable Energy Agency (IRENA). Renewable Energy and Jobs – Annual Review 2017, released at IRENA’s 13th Council meeting, provides the latest employment figures of the renewable energy sector and insight into the factors affecting the renewable labour ...
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ESS Inc. and SMUD Announce Agreement to Deploy up to 200 MW / 2 GWh of Long-Duration Energy Storage
ESS Inc., a leading manufacturer of long-duration iron flow batteries for commercial and utility-scale energy storage applications, and the Sacramento Municipal Utility District (SMUD), the nation’s sixth-largest, community-owned, not-for-profit electric service provider, this wek announced an agreement to provide up to 200 megawatts / 2 gigawatt-hours of ESS’ environmentally safe and sustainable ...
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Expanding Transmission to Access Renewables May be Key to Reach California State Mandates
Meeting California's renewable energy and greenhouse gas emission goals may necessitate the expansion of electricity transmission infrastructure to access new renewable power sources, both within and outside the state, according to a multi-agency state report released this week (12/16). The draft Renewable Energy Transmission Initiative (RETI) 2.0 report seeks to identify areas where ...
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ESS Commissions First Iron Flow Battery Deployment for Sacramento Municipal Utility District
ESS Tech, Inc., a leading manufacturer of long-duration energy storage systems (LDES) for commercial and utility-scale applications, this week announced that it has completed commissioning of six Energy Warehouse™ systems delivered to the Sacramento Municipal Utility District (SMUD), the nation’s sixth-largest community-owned electric service provider. The six Energy Warehouse™ systems represent ...
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Green power market development group announced at Clean Energy Ministerial
Business group will help increase the uptake of renewable energy sources in India A group of leading businesses and organizations announced the expansion of India’s Green Power Market Development Group (GPMDG) at the Clean Energy Ministerial in New Delhi. The objective of the GPMDG is to transform energy markets and enable corporate buyers to access reliable and clean energy, diversify ...
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Energy Department, NREL announce new research center to boost clean energy technologies on a smarter grid
The Energy Department and the National Renewable Energy Laboratory (NREL) today announced the Energy Systems Integration Facility (ESIF) in Golden, Colorado, as the latest Energy Department user facility and the only one in the nation focused on utility-scale clean energy grid integration. The facility’s first industry partner – Colorado-based Advanced Energy Industries – has ...
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Green Mountain Power files to build wind in lowell
Green Mountain Power, owner of the only operating wind generation farm in Vermont, filed today with state regulators for permission to build a second wind generating plant, up to 63 megawatts, in Lowell, Vermont. The $150 million investment in the Northeast Kingdom will provide jobs and significant economic benefits, in addition to increasing the state"s renewable energy generation. This is the ...
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EDF Renewables N. America and Clean Power Alliance Sign Power Purchase Agreement
EDF Renewables North America (EDFR) and Clean Power Alliance (CPA) recently announced the signing of a 15-year Power Purchase Agreement for the Desert Quartzite Solar-plus-Storage project. The project, consisting of a 300 megawatt (MWac) solar project coupled with a 600 MWh battery energy storage system, is expected to begin delivery of clean electricity to CPA's customers throughout Los Angeles ...
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Renewable energy investments worldwide set record high in 2011
A report from Bloomberg New Energy Finance said that a sluggish economy did not hamper investments in renewable energy projects, (solar power, wind energy and geothermal energy). Investments in renewable energy rise 5% in 2011 to US$260 billion. Global investment in clean energy (wind power, geothermal energy and solar energy) reached a new record of US$260 billion in 2011, up 5% on 2010 and ...
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