Greentech Media · Page 56

Private equity fund Blackstone Energy Partners has bought its way into the commercial and industrial energy storage market by acquiring Toronto-based NRStor C&I. The deal, announced Wednesday, gives Blackstone a portfolio of 200 megawatt-hours of…

Virginia has become the latest state to pass a law that sets it on a path to 100 percent carbon-free electricity by 2050, as well as setting targets for massive investments in energy efficiency, energy storage and in-state solar and wind power.  The Clean…

Hydrogen could have a significant impact on the transportation sector even though sales of fuel-cell cars have been miniscule to date. More than 9 million hydrogen fuel-cell passenger vehicles could be built to support aggressive targets in markets such as…

On The Interchange, we’ve been covering a shift among tech workers and venture capitalists in to “climate tech.” This week, we’re talking to one entrepreneur who made a transition from running a fitness app to devoting his time and energy to addressing…

Joe Biden had a super, Super Tuesday. On this episode of Political Climate, we discuss the results and what they mean for climate in the 2020 Democratic Primary. We also touch on the sweeping Senate energy bill that could come to a vote any day now. Plus,…

Wind developers ordered up nearly 100 gigawatts of turbines last year, an unprecedented flood of demand that comes amid deepening uncertainty over the impact the coronavirus outbreak will have on global supply chains and economies. Last year’s…

Spanish oil major Repsol will build and operate 860 megawatts spanning 26 new wind farms in its home country, nearly doubling its pipeline of renewables projects in development. Repsol was the first among its oil and gas peers to set a net-zero target that…

LONDON — Europe needs an immense rollout of energy storage and other flexible energy resources if it's going to hit its 2050 net-zero target. As of today, the market is largely stuck. To date, Europe's big successes on the energy storage front have come from…

Ørsted’s decision to divest its liquefied natural gas business in December came as no surprise to observers tracking its progress in offshore wind. The Danish developer has so much offshore wind business in motion that experts predict it will lead the…

In 2018, New York prioritized energy storage adoption as part of its clean energy transition strategy. Since then, energy storage development has moved faster than even the state’s policy architects expected. A $280 million bridge incentive” launched…

The richest man in the world, Jeff Bezos, says he is going to channel $10 billion of his own dollars into climate solutions. Is this the biggest climate philanthropy ever? And where should he be devoting those dollars? We’ll help him spend it. Then, the…

Florida regulators unanimously approved Florida Power & Light’s proposed community solar program this week, rubber-stamping the buildout of nearly 1.5 gigawatts of utility-built solar in the state. The installations would nearly double the 2 gigawatts of…

WARREN, MI — General Motors wants the world to know that it’s going big on electric vehicles, despite underwhelming sales in the segment to date.  To tell that story, the American automaker brought hundreds of investors, analysts, media and policymakers…

Brooklyn startup David Energy on Wednesday announced a $1.5 million pre-seed funding round, as it looks to transform into an energy retailer that helps customers get more value out of their solar and storage systems. Over the past few years, David Energy has…

In Kentucky, coal still generates the great majority of electricity; 75 percent in 2018, according to the Energy Information Administration. That dominance is waning, though.  Last year, renewable-powered electricity in the U.S. surpassed coal-fired power,…

Where will investors in offshore oil and gas look as the energy transition starts to take hold? While the oil and gas sector remains the largest for the offshore supply chain, we expect the offshore wind market to grow more attractive for traditional oil and…

The U.K. government has proposed a special carve-out for floating wind in its contracts for difference support system — potentially a big catalyst for a technology that major developers are beginning to take more seriously. Earlier this week the government…

Regulatory changes have not only helped Spain reemerge as Europe’s biggest market for large-scale solar projects, but also animated a big new market for distributed solar systems aimed at on-site consumption. Spain is thought to have around a gigawatt of…

The U.S. Senate will consider a bipartisan energy package this week that could be this year’s best legislative hope to increase federal funding for a number of energy technologies, from solar, wind and batteries, to more efficient fossil fuel-fired power…

The U.K. has reversed its effective ban on support of onshore wind and solar, opening a new route to market via the contracts for difference (CFD) auctions. In 2015, the Conservative government blocked both onshore wind and solar from accessing the CFD…