Greentech Media · Page 49

Companies across the global renewable energy industry are anxiously assessing the negative impact of the coronavirus outbreak on their bottom line. Every company, it seems, but NextEra Energy. NextEra, the leading U.S. renewables developer, reported its first…

Siemens Gamesa, the world’s second-largest wind turbine manufacturer, pulled its 2020 financial guidance on Tuesday due to the coronavirus crisis. Siemens Gamesa said the degree of uncertainty introduced by the pandemic and the global response to it means…

The world’s leading nuclear power generator is betting big on a future of small-scale, distributed energy. Électricité de France operates 58 nuclear reactors in its home country and owns stakes in several U.S. nuclear plants that it's now moving to sell.…

Solar power generation records have been set in three of Europe’s largest markets, with cleaner air as a result of the coronavirus pandemic a contributing factor. Reduced air pollution from the lockdown has contributed to new records in Germany and the U.K.,…

The coronavirus has hit the solar supply chain in waves. The virus’ hold on China shuttered many PV module and inverter factories early this year, and that constraint on output all but erased the expected declines in module prices during Q1 2020. Now that…

California regulators have proposed conditions for Pacific Gas & Electric to win state approval to exit bankruptcy and access a state wildfire insurance fund seen as critical for its future financial stability. Among those demands: PG&E must subject itself…

Despite the coronavirus pandemic, the Bureau of Ocean Energy Management is sticking to its already-delayed timeline for deciding whether to approve Vineyard Wind’s 800-megawatt offshore wind project. At least for now. BOEM, the agency within the Interior…

The emergence of subsidy-free solar in Italy has stalled because of plummeting energy demand and freefalling electricity spot prices in the wake of coronavirus. Industry sources said projects were now being put on hold pending a return to more favorable market…

SunPower on Monday announced a pause on its global manufacturing and work cutbacks for all other employees, while further reducing executive salaries. A filing with the Securities and Exchange Commission detailing the changes did not mention the coronavirus,…

NEXTracker remained the leading global PV tracker vendor in 2019, according to WoodMac’s latest tracker vendor rankings, followed by Array Technologies and PV Hardware. Most of the top PV tracker vendors shipped 1.5 and 2 times as many trackers last year as…

Solar net metering, the backbone of the U.S. rooftop solar market for the past two decades, may be facing its most important legal challenge in years — and it's coming at a time when the industry is already reeling from the impact of the coronavirus…

Vestas, the world’s largest wind turbine manufacturer, announced on Monday that it will cut 400 jobs, citing uncertainty caused by the coronavirus pandemic. The jobs affected relate to “technology projects” that will be paused while Vestas focuses…

Various streams of the energy transition — and none more than offshore wind — are seen as possible routes to new, less risky revenues for big oil companies and their supply chain. As the oil and gas sector faces the triple crises of coronavirus, the…

We’re doing a free live show from our homes! Sign up here to join us on Wednesday April 22nd. You can watch a behind-the-scenes recording with The Energy Gang and The Interchange. This week: The many ways that dirty energy has controlled the politics of…

The Trump administration will once again withdraw an exclusion it had previously granted to two-sided solar panels, after determining “the bifacial solar panel exclusion is undermining the objectives” of the Section 201 tariffs placed on solar cells and…

Utility PG&E finalized its contract with a battery project slated to displace a jet fuel-burning power plant in downtown Oakland, California. The Oakland Clean Energy Initiative models a pathway for removing decades-old power plants in dense urban settings…

European solar asset owners are grappling with the prospect of longer-lived projects after a 2019 ruling upped the useful life of plants to 35 years. The figure represents a big increase on the traditionally accepted lifespan of 25 years, which is based on…

The Federal Energy Regulatory Commission on Thursday rejected requests to reconsider its controversial orders that will upend the $10 billion-per-year capacity market of mid-Atlantic grid operator PJM by forcing state-subsidized renewable energy resources to…

New York is struggling with the country’s worst coronavirus outbreak, but it’s also pushing ahead on its ambitious clean energy goals. Those include major expansions of wind and solar power, more energy storage to manage that intermittent supply…

The 2020 election is crawling forward amid the coronavirus pandemic. Former Vice President Joe Biden has become the presumptive nominee for the Democratic Party, with Senator Bernie Sanders announcing his withdrawal from the race. With the primary settled, the…