Greentech Media · Page 55

Low oil prices will test the resolve of the majors’ energy transition plans, but analysts expect the companies' long-term commitments to decarbonization and renewable energy to remain intact. A dispute between Russia and Saudi Arabia has sent a flood of…

Over the past decade, Smart Wires has been taking on the novel challenge of digital controls for the high-voltage transmission grid.   It started in 2013 with a line-mounted device, the PowerLine Guardian, that proved it could throttle voltages in…

The U.S. Senate confirmed James Danly to the Federal Energy Regulatory Commission on Thursday, stacking a third Republican against the lone Democrat on a federal agency that has increasingly been seen as using its authority over interstate energy markets to…

Goldman Sachs announced plans to invest up to $275 million into a new, unnamed U.S. development joint venture that will focus on distributed solar projects for commercial, industrial and municipal customers. The new JV will be supported by Telos Clean…

Companies providing off-grid energy access raised over $2.1 billion in corporate financing between 2010 and the end of 2019, including nearly $470 million last year, according to new research from Wood Mackenzie. An estimated 420 million people now use…

German utility RWE confirmed plans Thursday to build another 4 gigawatts of renewables by 2022, expanding the scope for its annual investments into wind and solar. In its annual report, RWE said it will invest €1.5 billion to €2 billion (or as much as…

This week on Watt It Takes: Powerhouse CEO Emily Kirsch sits down with Robyn Beavers, the co-founder and CEO of Blueprint Power.  Blueprint works with real estate companies to turn their buildings into clean energy power plants. Blueprint developed software…

BOSTON — Siemens Gamesa, the world’s leading supplier of offshore wind turbines, recently revealed that it’s considering building a $200 million blade factory in Virginia’s Hampton Roads region — a potential cornerstone investment for the domestic…

It's been hard to miss the latest news. Coronavirus spreads! Oil prices plummet! Stock market crashes! What does all of this have to do with climate and clean energy? A lot, actually. On Monday, oil prices had their worst day since the 1991 Gulf War, falling…

The second largest rooftop solar installer in the U.S. is getting serious about energy storage.  Vivint Solar’s 233 megawatts of installed solar last year represented 19 percent growth over 2018, CEO David Bywater reported to investors Tuesday. That means…

A massive energy bill that could direct billions of dollars to renewable energy, energy storage and smart grid R&D and deployments faces an unclear future in the U.S. Senate, after conflicts over an amendment addressing hydrofluorocarbons, a refrigerant and…

Uniper, one of Germany’s largest utilities, has set a 2035 net zero target for its European power business, a surprising pivot for a company that only recently completed what will likely be Europe's last coal-fired power plant. Uniper, which is in the…

LONDON and NEW YORK — The scope for adding batteries to wind projects is expanding around the world, building on the considerable momentum that already exists for hybrid solar-plus-storage plants. In the U.S., solar-plus-storage is an increasingly mainstream…

When you get meal-kits delivered to your home, are they a net benefit to the environment? Or are these time savers carbon-heavy? Since 2012, there’s been a surge in meal-kit delivery options. Online buying and delivery is now the norm. There’s a surge in…

The U.S. energy storage industry capped off its biggest year of installations with its largest single quarter in Q4. U.S. energy storage installation topped 522.7 megawatts/1,113 megawatt hours in 2019, and 186.4 megawatts/364.2 megawatt hours in the fourth…

New Jersey will offer a flat 15-year price for its Transition Renewable Energy Certificates, the program designed to carry the state from its successful legacy incentive program to its next, more moderate scheme. In an order issued on Monday the board of…

As California policymakers strengthen the state’s climate and clean energy targets, billions of dollars are being invested to transition to zero-emission cargo-handling equipment at major ports. Swapping diesel-powered trucks for electric models and…

Solar developers working in the U.S. have spent years refining their plans to secure the Investment Tax Credit (ITC) for as much of their pipeline as possible by “safe harboring” projects before the stepdown. As long as developers meet certain criteria,…

Utilities around the world will invest around $30 billion over the next five years to install more than 300 million smart meters, bringing many of the world’s most populous countries to full deployment but leaving other parts of the globe with relatively…

For home solar customers in Utah, reimbursement for the solar power that residential installations export to the grid is at risk of dropping precipitously. Under a proposal from Rocky Mountain Power, a subsidiary of Berkshire Hathaway utility PacifiCorp with…