Greentech Media · Page 40

Fears that the coronavirus outbreak would sideswipe the U.S. clean energy market have been overblown so far, and the proof is in the projects. 2020 is the most socially and economically disruptive year for Americans in a generation. It’s also likely to be…

For BP, some drilling just doesn't make sense anymore. The European oil major said this week that it will write down as much as $17.5 billion from its oil and gas portfolio, while baking in a new carbon price forecast of $100 per ton by 2030 — up from…

Fluence is launching the sixth generation of its integrated grid storage product, and has already signed orders for 800 megawatts/2,300 megawatt-hours. The new version comes in a 10-foot cube shape, which the company plans to use as the building block for…

Japan's offshore wind market finally looks set to take off over the next few years, potentially acting as a springboard for floating wind around the world. Japan has the world's most generous incentive for offshore wind, according to the Global Wind Energy…

Ørsted CEO Henrik Poulsen has resigned after eight years at the helm of the world's leading offshore wind developer. Poulsen will stay on no longer than January 31, 2021, with his successor to be appointed by the firm’s board at its annual general meeting…

The California Public Utilities Commission on Thursday approved a controversial plan to give the two biggest utilities a central role in the state’s grid reliability procurement regime, a plan the regulator says is necessary to prevent the system from…

Grid battery integrator NEC Energy Solutions is winding down, Bloomberg reported Thursday. The company manufactured and integrated hundreds of megawatts of battery systems for projects around the world. But parent company NEC Corp. of Japan told Bloomberg that…

Residential solar installers are gearing up for a surge of demand for battery storage products as the critical California market swings from a COVID-19 shutdown straight into wildfire season. Storage has become increasingly central to the business models of…

Oil-heavy Texas could be a model for fully decarbonized energy systems around the world, at least in how it handles grid flexibility. While some other markets are paying for spare capacity to make sure the lights stay on, the Lone Star State’s energy-only…

Energy storage software company Stem will operate a 345 megawatt-hour portfolio of distributed batteries in Southern California Edison utility territory. But it didn’t develop or build these batteries—it’s taking over from long-time competitor AMS. The…

Should California reserve hundreds of millions of dollars in battery incentives for customers at the highest risk of being harmed by wildfire-prevention blackouts? Or should it or share the money with low-income and disadvantaged communities that will…

Europe is crafting a €750 billion recovery package in response to the economic impact of coronavirus. It will devote more than €200 billion directly to low-carbon infrastructure projects. That could enable hundreds of billions more for renewables,…

Are the stars finally aligning for a hyperloop in Europe? The coronavirus outbreak may play a critical role in moving things forward, according to experts working on the so-called ‘fifth mode of transport.’ The momentum for low-carbon policies and…

The solar industry logged its largest first quarter of installations on record by a significant margin in 2020, but overall dire projections on the coronavirus impact dampened any positive news for the industry.   With new data released Thursday, analysts at…

Deep-seated racial justice issues have been brought to the fore in recent weeks by a series of nationwide protests over police violence. These protests are taking place in the midst of a global pandemic, which has exposed, and in many cases worsened,…

A boisterous CEO who brags of “out-Eloning” Elon Musk; a reverse merger that makes a little-known fuel-cell trucking company as valuable as Ford; and no actual cars or trucks in production. On this week's edition of The Interchange, we try to make sense…

Grid operators around the world are unusually busy these days, but few have quite as much on their minds as NYISO, which manages New York state's bulk power system and wholesale energy market. New York state’s zero-carbon energy goals will require new…

The coronavirus forced layoffs and spending cuts across the solar industry, and hammered global electric vehicle sales. But startups serving the EV charging market have continued pulling in new investments in spite of the uncertainty. In recent weeks,…

Adani Green Energy, part of India's Adani Group conglomerate, will build 8 gigawatts of large-scale solar capacity worth $6 billion in India over the next five years, after winning the world's largest solar energy tender award this week.  The Solar Energy…

Smart electric vehicle charging and other flexibility services could have saved British billpayers £133 million ($104 million) this summer, power companies claim, as the U.K. grapples with surging renewables output. Low electricity demand during the…