Greentech Media · Page 31

Investor interest in Mexico’s emerging renewables market was at an all-time high when Andrés Manuel López Obrador came to power in December 2018. Less than halfway through the president’s first term, expectations have hit rock bottom, the market is in…

We’re constantly going through waves of hype in different energy sectors: flexible solar panels, vertical-axis wind, electric planes, vehicle-to-grid, the smart home, blockchain. Some are real, some are not. Some just need to mature. So what phase are we in…

Loans claimed 54 percent of the U.S. solar financing market in 2019, according to WoodMac’s new report — a 31 percent jump from 2018.  All major solar loan providers experienced growth in 2019, and more installers are now offering loans to…

In one of the U.S. renewable energy market’s biggest deals in a challenging year, Masdar is set to acquire a 50 percent stake in a 1.6-gigawatt portfolio of advanced wind, solar and energy storage projects from EDF Renewables North America. The deal,…

If there was ever a time when running a utility was a straightforward, predictable business, those days are gone, as Maria Pope knows only too well. Since 2018, when Pope became CEO at Portland General Electric (PGE), Oregon’s largest utility, the U.S. has…

Denmark's Ørsted, the world's leading offshore wind developer, posted a quarterly loss on Wednesday with sagging power demand a major factor. But the company remains bullish on its growth prospects even as competition in the offshore wind sector heats up. …

U.S. coal power generation plunged by 30 percent in the first half of 2020, shoved out by natural gas and renewables amid low energy prices linked to the COVID-19 pandemic, according to new figures from the Energy Information Administration. Since its peak in…

Joe Biden’s 2020 presidential campaign added more climate clout on Tuesday, as the former vice president and presumptive Democratic nominee selected California Senator Kamala Harris as his running mate. While a moderate pick compared to some of the more…

There were just over 2,000 electric trucks on U.S. roads at the end of 2019. This stock is expected to grow to over 54,000 by 2025, according to new analysis from Wood Mackenzie. Compared to passenger electric vehicle (EV) and electric bus penetration levels,…

Global wind turbine manufacturer Vestas has reinstated its 2020 guidance as the outlook for the year begins to solidify. The full-year revenue guidance is the same as it was prior to its suspension in April, though its forecast EBIT margin has been cut from…

Mosaic, a leading provider of solar loans in the U.S. residential market, will now offer a 12-months-free financing option, joining solar providers including SunPower, Sunrun and Vivint Solar in offering cut rate deals amid the coronavirus pandemic. All of…

After concern that stay-at-home orders and economic recession would hobble the U.S. rooftop solar industry, the nation’s largest residential installer took a hit in Q2—but not a huge one. Sunrun hustled to convert its sales efforts to remote and digital…

Most of New York’s fossil-fueled peak power plants would be vulnerable to competition if longer duration storage technologies hit the market, a new study says. The Empire State passed a law to eliminate carbon from the grid by 2045. Now it’s getting to…

Duke Energy on Monday reported a $1.6 billion charge related to abandoning the Atlantic Coast Pipeline, but also laid out how its renewable energy and grid modernization plans will fill in the capital investments hole left by the canceled multi-billion dollar…

Solar-battery systems may be useful for providing backup power during power outages. But many of the systems on the market today don’t pack enough punch to start up power-hungry air conditioner or pumps, or store enough power to run an entire home’s…

Global investment in offshore wind more than quadrupled in the first half of 2020. More new wind farms were approved at the height of the pandemic than during all last year.  Some of these offshore projects include battery storage or hydrogen. Some of them…

As the COVID-19 pandemic wears on in the United States, the hardest hit segment is likely to be commercial solar — projects built on businesses, schools, and government buildings. Compared to its pre-pandemic forecast, Wood Mackenzie is forecasting a 32…

Last week, one of the world’s seven fossil fuel “supermajors” — Britsh Petroleum, whose legacy dates back to the early days of the oil age — announced, in essence, that the time had come to wind down its core business. BP said that by 2030 it would…

Another clean energy company funded through a Department of Energy loan recently filed for bankruptcy. Tonopah Solar Energy, the builder of a 110-megawatt concentrated solar power site, joined the ranks of bankrupt Solyndra and Abound Solar. Those companies…

John Powers is the co-founder and CEO of Extensible Energy, a load-flexibility software company. **** We are in the middle of the most remarkable transformation in the history of the electricity grid — from dirty and centralized to clean, distributed, and…