Wind and Solar News
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Nofar chooses LONGi panels for 576 MW of solar in Romania
Israeli renewables developer Nofar Energy Ltd has inked a EUR-76.6-million (USD 84.4m) agreement to buy solar panels from China’s LONGi Solar for projects in Romania. The contract is for a power generating capacity of 576 MW. Longi will be responsible for the entire delivery process from the manufacturing to the arrival of the panels on-site, the Israeli firm said in a LinkedIn post ...
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Green Light for Australia’s Largest Grid-Forming Battery
Australia’s largest battery with grid-forming inverter capabilities is set to go ahead, with AGL this week reaching a Final Investment Decision (FID) on a 500 MW / 1,000 MWh grid-forming battery in Liddell, New South Wales. Announced last year on behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) conditionally approved up to $35 million in funding to the project, ...
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19 Dec, 2023 $800m Investment to Accelerate Octopus Energy’s Global Clean Energy Growth
Octopus Energy Group, the UK’s largest power supplier* and the owner of the Kraken technology platform, recently announced $800m (£625m) additional investment from its existing shareholders. This new investment values the private company at $7.8bn (£6.2bn), a 60% increase since its previous investment round in December 2021. Australian and Japanese giants Origin Energy and Tokyo Gas, one of the ...
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Green Light for Australia’s Largest Grid-Forming Battery
Australia’s largest battery with grid-forming inverter capabilities is set to go ahead, with AGL this week reaching a Final Investment Decision (FID) on a 500 MW / 1,000 MWh grid-forming battery in Liddell, New South Wales. Announced last year on behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) conditionally approved up to $35 million in funding to the project, ...
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EIA Expects Combined U.S. Solar and Wind Generation to Surpass Coal-Fired Generation in 2024
The U.S. Energy Information Administration (EIA) expects, for the first year on record, combined electricity generation from wind and solar to surpass generation from coal in 2024. EIA expects solar generation in 2024 to increase 39% (228 kilowatthours) from 2023, driven by continued increases in solar capacity. "Renewables, particularly solar photovoltaics, are growing rapidly and making large ...
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RMI: Treasury’s 45X guidelines will supercharge U.S. clean energy manufacturing & technological innovation
Today, the US Department of the Treasury unveiled initial guidance on one of the highest-value tax credits in the Inflation Reduction Act, the 45X Advanced Manufacturing Production Tax Credit, which incentivizes the domestic production of solar, wind, inverter, and battery components. This guidance provides certainty to investors on the specific technologies and production conditions that qualify ...
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NREL and Amazon Aim To Create Guidebook for Emissions Impact Analysis
By Connor O'Neil Corporations are starting to pay close attention to their greenhouse gas (GHG) emissions, but current calculations only provide a coarse estimate of their entire GHG emissions. The U.S. Department of Energy's National Renewable Energy Laboratory (NREL) and Amazon, the largest corporate purchaser of renewable energy worldwide since 2020, are working to modernize GHG emissions ...
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Financial Headwinds for Renewables Investors: What's the Way Forward?
The impressive growth in clean energy investments in recent years has been led by renewable power. Annual spending on solar PV and wind projects has risen by more than USD 300 billion in the last five years, and now accounts for one-third of the total USD 1.8 trillion that we expect to go to clean energy investments in 2023. Deployment has been driven by a virtuous circle of policy support and ...
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U.S. Department of Energy Invests Nearly $8.4 Million to Advance Grid-Enhancing Technologies (GETs)
The U.S. Department of Energy this week (Nov 13) selected four organizations to receive nearly $8.4 million to develop technologies that will improve grid reliability, optimize electricity infrastructure, and facilitate grid connection with renewable resources. DOE's Office of Electricity and Office of Energy Efficiency and Renewable Energy (EERE) are jointly funding these projects from DOE's ...
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New APS Plan Addresses Growing Customer Energy Needs
APS filed its 2023 APS Integrated Resource Plan (IRP) at the Arizona Corporation Commission this week (Nov 1). The 2023 IRP provides a 15-year outlook on how much electricity APS customers will need and what investments are necessary to address those needs with around-the-clock energy amid unprecedented growth of people and businesses moving to Arizona. APS worked with its Resource Planning ...
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TotalEnergies Starts Up in Texas a 380 MW Utility-Scale Solar Power Plant with Battery Storage
TotalEnergies has started commercial operations of Myrtle Solar, its utility-scale operated solar farm in the United States. Located south of Houston, Texas, Myrtle has a capacity of 380 megawatts peak (MWp) of solar production and 225 MWh of co-located batteries. With 705,000 ground-mounted photovoltaic panels installed over an area equivalent to 1,800 American football fields, Myrtle produces ...
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California Sees Unprecedented Growth in Energy Storage
New data show California is surging forward with the buildout of battery energy storage systems with more than 6,600 megawatts (MW) online, enough electricity to power 6.6 million homes for up to four hours. The total resource is up from 770 MW four years ago and double the amount installed just two years ago. Details of the energy storage fleet, a key component in the state's transition to 100 ...
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DOE Releases Draft Roadmap to Improve Interconnection of Clean Energy Resources on the Grid
The U.S. Department of Energy released a draft roadmap to address interconnection challenges on the transmission grid and seeks feedback from the public before releasing a final version. DOE convened a broad group of clean energy stakeholders through its Interconnection Innovation e-Xchange (i2X) to develop the roadmap, which is intended to serve as a practical guide for implementing near-and ...
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The Energy World is Set to Change Significantly by 2030, Based on Today's Policy Settings Alone
Major shifts underway today are set to result in a considerably different global energy system by the end of this decade, according to the IEA's new World Energy Outlook 2023. The phenomenal rise of clean energy technologies such as solar, wind, electric cars and heat pumps is reshaping how we power everything from factories and vehicles to home appliances and heating systems. The latest edition ...
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Biden Administration Announces $3.5 Billion for Largest Ever Investment in America's Electric Grid
As part of President Biden's Investing in America agenda, a key pillar of Bidenomics, White House Infrastructure Implementation Coordinator Mitch Landrieu and Secretary of Energy Jennifer M. Granholm this week announced $3.46 billion for 58 projects across 44 states to strengthen electric grid resilience and reliability across America. Funded by the President's Bipartisan Infrastructure Law, ...
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NERC Disturbance Report Emphasizes Continued Need for Industry Action, Provides Recommendations
As inverter-based resources, including modern wind turbines, solar photovoltaic and battery energy storage systems, continue to drive grid transformation, they may also introduce potential risks to the system, as documented by NERC in multiple disturbance reports. As part of its Inverter-Based Resource Strategy, NERC is dedicated to identifying and addressing these challenges, sharing risk ...
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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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Department of Energy Awards Xcel Energy Up to $70 million for Long Duration Energy Storage
Xcel Energy announced this week (Sept 22) it has received a grant of up to $70 million from the U.S. Department of Energy (DOE). The award will partially fund two long duration energy storage systems in Minnesota and Colorado. Each demonstration-scale system will be a 10 megawatt/1,000 megawatt-hour iron-air battery developed by Massachusetts-based Form Energy. The batteries will be located at ...
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Ieg: K.EY – The Energy Transition Expo the New Edition is Set to be a Record-Breaker
At Rimini Expo Centre from 28th February to 1st March 2024 Exhibition spaces almost fully booked and an increase in exhibiting brands from abroad, for an even more international event The six product sectors are confirmed with a new one: Key Storage Expo, dedicated to static residential and industrial utility scale energy storage Rimini, Sept. 11th, 2023 – The second edition of K.EY ...
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Sage Geosystems' Landmark Full-scale Commercial Pilot
Sage Geosystems Inc., a geothermal baseload and energy storage company, this week (Sept 12) announced groundbreaking results and data from their full-scale commercial pilot confirming the performance of its energy storage system that can provide short- or long-duration storage (EarthStore ). Further, the results show Sage's technology is cost-competitive with lithium-ion batteries, pumped storage ...
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