Greentech Media · Page 22

In a year when clean energy and clean vehicle jobs were supposed to increase by some 175,000, we are down by half a million jobs.  On this episode of The Energy Gang, we will tell you why, and explain the numbers. What will reverse the decline? Then: Did New…

The California Energy Commission is putting a “down-payment” of $384 million over the next three years on the electric vehicle charging and zero-emissions vehicle infrastructure needed to meet Gov. Gavin Newsom’s pledge to end sales of new…

Utility pilot projects aren’t famous for standout financial success. Usually the goal is to verify a technology in the field before attempting broader deployment. Sometimes nothing follows the pilot. Vermont utility Green Mountain Power not only verified…

Norwegian PV developer Scatec Solar has acquired hydro developer SN Power and detailed its plans for expansion in new geographies and new technologies. Scatec is also dropping the ‘Solar’ from its name after agreeing to acquire SN Power for $1.1 billion…

Array Technologies, a New Mexico-based maker of solar tracking systems, launched onto the Nasdaq Global Market on Thursday, capping one of the biggest U.S. renewable energy IPOs of recent years. In listing its shares publicly, Array is riding two trends:…

The Federal Energy Regulatory Commission has issued an order that could allow mid-Atlantic grid operator PJM to restart the country’s biggest capacity auction by mid-2021 after a two-year delay.  But FERC’s order will still force state-subsidized…

The solar industry will require $7 billion to $8 billion of tax capacity from external investors in 2020, according to a new Wood Mackenzie research insight. But the competition to secure that investment is tighter than ever.  Tax equity for solar…

There is a lot of money in American politics. Campaign spending in 2020 is expected to reach $11 billion dollars — making it the most expensive election in U.S. history.  In light of these growing dollar figures, a group of billionaire donors from across…

Fluence, a leading integrator of large-scale energy storage systems, has acquired grid software startup AMS. The deal hands an exit to AMS investors, including former California Gov. Arnold Schwarzenegger, who bought into the startup's early vision of turning…

Utilities operating fossil-fueled power plants, and the low-income and disadvantaged communities that face the brunt of their pollution, may have a new model for resolving their differences.  On Tuesday, the New York Power Authority signed a landmark…

Manish Hebbar architects billions of dollars worth of equity and debt deals in clean energy. He’s able to stay methodical and calm in the middle of deals that are very stressful, involving multiple buyers and counter-parties.  “M&A transactions are those…

The second quarter of 2020 saw more than 17 gigawatts of wind turbine capacity ordered globally, worth an estimated $16 billion, according the new Wood Mackenzie wind turbine order analysis report for Q2. Globally, Q2 saw global wind turbine order intake…

This is an excerpt from the full Q3 2020 U.S. Energy Monitor report.  Cabinets are all the rage today. For energy storage systems, anyway. Traditionally, cabinet-based energy storage enclosures have been more popular for smaller front-of-meter (i.e., those…

SunDensity, a solar startup promising 20 percent module efficiency gains due to specially coated glass, raised $2.5 million in initial financing to begin commercializing its product. If commercially successful, the technology could measurably increase the…

The U.S. Department of Energy has awarded $160 million to X-energy and TerraPower with the potential for billions more in federal funding, as the companies strive to build a working model of their smaller scale, more flexible advanced nuclear reactor…

Any candidate running for president has a priority list, both public and internal, laying out what their administration hopes to accomplish in its first days and months. For his part, Democratic presidential candidate Joe Biden has laid out an extensive list…

Solar’s global shift from fringe to mainstream is a story Made in China. The likes of Jinko Solar, Trina Solar and Longi have dominated. They scaled first and fast — with more than a little help from the authorities — to capitalize on PV technology’s…

Just as federal regulators in the U.S. are making batteries, solar systems, electric cars, generators and other similar resources more valuable in wholesale markets, we’re seeing a new wave of business activity. Wood Mackenzie predicts that U.S. distributed…

Santa Barbara’s public school system is finalizing a solar microgrid project that could set a model for investment in clean backup power. Purveyers of carbon-free backup power have struggled for years to convince customers to pay for resilience. But a novel…

Hydropower, the world's largest source of renewable electricity, could begin using environmental, social and corporate governance (ESG) measures to bolster project financing from the end of this year. The hydro sector has had a voluntary ESG code of practice…