Utility-scale Renewable Energy News
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FEMA Study Finds Puerto Rico Can Achieve 100% Renewable Energy Future By 2050
The U.S. Department of Energy and the Federal Emergency Management Agency this week (Feb 7) released a summary report for the Puerto Rico Grid Resilience and Transitions to 100% Renewable Energy Study (PR100). The two-year study concludes that Puerto Rico can successfully meet its projected electricity needs with 100% renewable energy by 2050.PR100 outlines pathways to achieving clean energy ...
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Puget Sound Energy to Nearly Double Its Clean Eenergy Portfolio by 2025
Through its early and aggressive acquisition of clean energy resources, Puget Sound Energy (PSE) will deliver more clean energy than originally forecasted in its Clean Energy Implementation Plan (CEIP), a course of action for clean electricity programs and investments to align with policies established by Washington's Clean Energy Transformation Act (CETA).PSE filed its CEIP update to provide a ...
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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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Funding of USD 8.4 Billion Completed for World's Largest Carbon-Free Green Hydrogen Plant
NEOM Green Hydrogen Company (NGHC) this week announced that following signing financial documents with 23 local, regional, and international banks, and investment firms, it has now achieved financial close on the world's largest green hydrogen production facility at a total investment value of USD 8.4 billion. The plant is currently being built at Oxagon, in Saudi Arabia's region of NEOM. NGHC ...
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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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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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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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City of Chicago Announces Agreement with Constellation to Purchase 100% Renewable Energy by 2025
Chicago Mayor Lori E. Lightfoot and the Department of Assets, Information and Services (AIS) visited the Chicago Urban League to announce an agreement with Constellation, in collaboration with Swift Current Energy, to help meet the Mayor's commitment to purchase renewable energy for all City facilities and operations by 2025, making Chicago one of the largest cities in the country to do so. The ...
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Report Calls for 103 Gigawatts of Distributed, Local Solar Power by 2030
The U.S. must deploy a minimum of 103 gigawatts (GW) of distributed, local solar power and 137 GW of distributed energy storage by 2030 to achieve President Biden’s climate and equity goals at the lowest cost. This is one of the core findings of a new report issued this week by Local Solar for All, a broad coalition of local solar advocates, based on analysis from electric grid modeling experts ...
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Yotta Energy Partners with CPS Energy to Demonstrate Distributed Solar + Storage Technology
Yotta Energy, an energy storage solutions provider, partnered with CPS Energy recently to install a small-scale applied technology project at the Joint Base San Antonio Fort Sam Houston Military Post. This project was made possible through grant funding from the American Public Power Association’s (APPA) Demonstration of Energy & Efficiency Developments (DEED) program., As part of 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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Expanding Local Solar And Storage Could Save Ratepayers Nearly A Half A Trillion Dollars
Developing 247 GW of local rooftop and community solar and 160 GW of local energy storage is the most cost-effective way for the United States to transition to a clean energy system by 2050, while saving consumers up to $473 billion on electricity. This is enough local solar to power over 25% of all U.S. homes. These are among the core findings of a new report -- Why Local Solar for All Costs ...
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Everflow JV to manufacture Vanadium Redox Flow Batteries (VRFB) in KSA
Nusaned Investment and SCHMID Group have closed the JV transaction in Saudi Arabia focusing on manufacturing and technology development in the field of Vanadium Redox Flow Batteries (VRFB). Nusaned Investment (an investment company owned by SABIC) and SCHMID Group announced today that they have successfully closed their JV transaction focusing on manufacturing and technology development in the ...
By Schmid Group
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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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MPSC Reports: Energy Waste Reduction To Save Customers $1.1B; Wind`s Dominance Continues In Renewable Energy
Energy waste reduction efforts saved nearly 1.5 million megawatt hours of electricity and almost 5 million cubic feet of natural gas in 2018, while wind generation of electricity continued its dominance in Michigan as the largest source of renewable energy in 2019, according to two annual reports released today by the Michigan Public Service Commission. Energy Waste Reduction The 2018 Utility ...
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Energy Efficiency, Natural Gas and Renewable Energy Drove Decade of U.S. Energy Transformation
The U.S. overhauled how it produces, delivers, and consumes energy over a momentous decade of change, according to a new report from BloombergNEF (BNEF) and the Business Council for Sustainable Energy (BCSE). In the process, the U.S. posted 10 straight years of economic growth, while cutting both power-sector CO2 emissions and consumer energy costs to their lowest levels in a generation. The ...
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Arizona's Rural Renewables Generate $9.4 billion in Economic Impact
The Western Way, in partnership with the Yuma County Chamber of Commerce released, "The Economic Benefits of Arizona Rural Renewable Energy Facilities." The economic impact study, conducted by Development Research Partners, found that 34 rural renewable projects constructed in Arizona from 2001 to 2017 resulted in significant economic benefits to rural Arizona, including:$9.4 billion ...
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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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Total Annual Revenue for Energy Storage for Renewables Integration Expected to Exceed $23 Billion by 2026
As costs for renewable energy projects drop and policies and resilience demands increase, capacity for wind and solar PV continues to rise across all regions and market segments. This uptick in large-scale additions of variable forms of generation presents challenges to the electrical grid, but energy storage systems (ESSs) are helping to mitigate concerns and integrate renewable energy resources ...
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SEPA and Black & Veatch Release New Case Study on Distributed Energy Resources Planning
Consumers could outspend utilities in the adoption of solar, storage, electric vehicles and other distributed energy resources (DERs), making it essential for utilities to track and integrate these DERs into their planning processes to benefit their customers and the grid. That is one of the key findings of a new case study from the Smart Electric Power Alliance (SEPA) and Black & Veatch, ...
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