Renewable Energy News
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COP28 Goal of Tripling Renewables Feasible Only with Urgent Global Course Correction
Achieving the global target set at COP28 to triple renewable power capacity by 2030 relies heavily on establishing conducive conditions for such growth. Tripling renewable power capacity by 2030 is technically feasible and economically viable, but its delivery requires determination, policy support and investment at-scale. Tracking COP28 outcomes: Tripling renewable power capacity by 2030 ...
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Connecting the Dots: Putting Offshore Wind Energy to Work
By Tiffany Plate, NREL The most recent U.S. Census states that 44.4 million people, or nearly 14% of the population, live along the Atlantic Coast. That is a lot of people—who need a lot of electricity. And as the country pushes to decarbonize the energy sector, that power needs to increasingly come from renewable sources, like solar and wind. But densely populated coastlines often do not ...
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Uk Electricity Generation To Be Fossil Fuel Free By 2035?
UK Prime Minister, Boris Johnson, stated that removing gas as a power source will help protect against price surges (during Conservative conference).Johnson has also confirmed plans to eliminate fossil fuels from the UK’s electricity generation process by 2035.The UK generated 43% of its electricity from renewable sources in 2020 but gas-fired power plants still account for a significant ...
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Misconceptions and concerns about waste to energy facilities
Addressing misconceptions and concerns Despite the numerous advantages of waste-to-energy incineration plants, there are often misconceptions and concerns surrounding their use. Addressing these misconceptions and providing accurate information is essential to help people make informed decisions about waste management practices. Here are some common misconceptions and concerns related to waste ...
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Advantages of Waste to Energy Incineration Plants: Making Trash Talk More Exciting
Waste management is a growing concern in today's society, as landfills continue to fill up and pollutants from waste threaten our environment. This is where waste to energy incineration plants come in. These innovative facilities provide a sustainable solution to the waste problem by converting trash into usable energy. The advantages of waste to energy incineration plants are numerous, from ...
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Biden-Harris Administration Approves Seventh Offshore Wind Project
The Biden-Harris administration this week announced the Department of the Interior’s approval of the Sunrise Wind offshore wind project – the nation’s seventh approval of a commercial-scale offshore wind project under President Biden’s leadership. These seven projects have the potential to provide more than 8 gigawatts of clean, renewable energy to power roughly 3 million homes, and support the ...
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NYISO Announces New Renewable Energy Generation Records
The New York Independent System Operator this week (March 25) reported that New York recently set new records for hourly wind and solar generation.Wind power facilities generated 2,176 megawatts during the 1p.m. hour on Saturday, March 9 and served 12 percent of system load.Behind-the-meter and front-of-the-meter solar resources generated 3,832 megawatts during the 12 p.m. hour on Tuesday, March ...
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DOE Funding Notice: $10M in Funding to Develop Clean Energy Interconnection Tools
The U.S. Department of Energy Solar Energy Technologies Office (SETO) and Wind Energy Technologies Office (WETO) recently announced the Solar and Wind Interconnection for Future Transmission (SWIFTR) funding opportunity, which will provide up to $10 million to develop new analytical tools and approaches that will accelerate the reliable interconnection of renewable energy into the electrical ...
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Global Switchgear Monitoring System Market Projected to Reach $2.7 Billion by 2028 with a CAGR of 8.4%
In a significant forecast that underscores the burgeoning demand for advanced electrical infrastructure, a new report from ResearchAndMarkets.com has projected the global switchgear monitoring system market to reach a valuation of $2.7 billion by 2028. This marks a considerable increase from $1.8 billion in 2023, reflecting a robust Compound Annual Growth Rate (CAGR) of ...
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Quaise Energy Raises $21 Million to Accelerate Terawatt-Scale Geothermal Energy
Quaise Energy, the company unlocking terawatt-scale geothermal, announced today the closing of a $21 Million Series A1 financing round led by Prelude Ventures and Safar Partners. Mitsubishi Corporation and Standard Investments are among several new investors participating in the round. This latest funding will enhance the company’s field operations and strengthen its supply chain position, ...
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Report: Aggregated Capacity of Energy Storage in the C&I Sector to Reach 124 GWh by 2030
Battery Energy Storage Systems (BESS) are fast becoming essential components of overall smart energy approaches, not only inside public grids and at consumers’ premises, but they are now also adopted by Commercial and Industrial (C&I) enterprises as key building blocks of their smart energy strategies. According to a new report from ABI Research, the worldwide aggregated battery storage ...
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ComEd Refiles Multi-Year Grid Plan to Advance Region's Economic, Climate and Equity Goals
As directed by the Illinois Commerce Commission, ComEd this week (March 14) submitted to the ICC a refiled multi-year grid plan that will increase access to the benefits of clean and renewable energy in alignment with the Climate and Equitable Jobs Act (CEJA). In December of 2023, the ICC rejected ComEd's original multi-year grid plan, requiring ComEd to file a revised grid plan in 90 days, and ...
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Harnessing the Sun: Hiden Analytical’s Leap Towards Sustainability
In an era where the clarion call for environmental stewardship and sustainability grows louder with each passing day, companies across the globe are stepping up to integrate green initiatives into their core business strategies. Hiden Analytical, a leading name in the field of advanced scientific instrumentation, has taken a significant leap forward in this direction. The company is thrilled to ...
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Quaise Energy Raises $21 Million to Accelerate Terawatt-Scale Deep Geothermal Energy
Quaise Energy, a company seeking to unlock terawatt-scale geothermal, announced this week the closing of a $21 Million Series A1 financing round led by Prelude Ventures and Safar Partners. Mitsubishi Corporation and Standard Investments are among several new investors participating in the round. This latest funding will enhance the company’s field operations and strengthen its supply chain ...
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MISO's 2023 Value Proposition Estimated at Nearly $5 Billion
MISO estimates that it delivered nearly $5 billion in benefits to its operating region in 2023, continuing to build upon its vision to be the most reliable, value-creating regional transmission organization."The electric industry is facing extremely complex challenges, and MISO continues to deliver exceptional value to help our members and states achieve their goals," said MISO's Chief Executive ...
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Tomorrow’s Sustainable Energy: Decentralised Carbon Capture
In recent years, the focus on mitigating carbon emissions has intensified, particularly concerning the challenges faced by centralised power plants in carbon capture, utilisation and storage (CCUS). The emergence of decentralised systems offers a transformative solution, promoting energy resilience, renewable electricity enablement and energy ...
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In an effort to accelerate terawatt-scale geothermal energy, Quaise Energy has raised $21 million.
CAMBRIDGE, Mass. — Quaise Energy, the company unlocking terawatt-scale geothermal, announced today the closing of a $21 Million Series A1 financing round led by Prelude Ventures and Safar Partners. Mitsubishi Corporation and Standard Investments are among several new investors participating in the round. This latest funding will enhance the company’s field operations and strengthen ...
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Biden Administration Invests $2.3 Billion in Projects to Expand Clean Power in Rural Communities
As part of President Biden's Investing in America agenda, U.S. Department of Agriculture Secretary Tom Vilsack this week (March 6) announced that USDA is moving forward on clean energy investments in 23 states to reduce pollution and strengthen rural America's power grid. The announcement includes the first five awards totaling $139 million under the Powering Affordable Clean Energy (PACE) ...
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1,600 MWh Project is One of the Largest Solar + Storage Systems Under Development in the US
rPlus Energies, a leading privately held renewable energy developer, announced that its Green River Energy Center project recently amended its power purchase agreement with PacifiCorp to quadruple the battery storage capacity from 400-megawatt-hours to 1,600 MWh, securing its position as one of the largest solar-plus-storage projects under development in the United States.The project involves ...
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A Recap of Cohort #2: Advanced Insights on Technological Trends in PV
The solar energy achievers are constantly looking for professional growth opportunities. Recognizing the importance of staying updated with important PV market trends, we recently concluded the 2nd cohort of the much-anticipated online course titled “Advanced Insights on Technological Trends in PV.” Held on February 22-23, this event brought together solar energy professionals and ...
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