As regulatory mandates and customer expectations to modernize the electric grid accelerate, solar and wind power generation, coupled with energy storage, have become viable, even desirable, components of grid stabilization efforts. However, measuring and managing this new bi-directional flow of voltages and currents in the traditionally uni-directional grid presents a major technical challenge to utilities.
Renewable energy expansion at US utilities is on track to eclipse prior years and is expected to continue to demonstrate strong commitment to infrastructure spending over the next several years, according to a new S&P Global Market Intelligence analysis. Projected renewable energy investments are forecast to reach $13.94 billion in 2021, then rise an estimated 5% in 2022 to $14.59
Ping An Insurance, China’s largest insurer, has announced a set of green finance activities and has set quantitative performance targets for each.
The Hershey Company today announced two partnerships to develop solar projects in the US.
Amazon is now the largest corporate purchaser of renewable energy in Europe, with more than 2.5 GW of renewable energy capacity.
Construction is underway on a 50 MW liquid-air energy storage facility – with a minimum of 250MWh – located in Greater Manchester, UK.
Facebook says that, as of 2020, its operations are supported by 100% renewable energy and have reached net zero emissions.
Wind prices in the US dropped by 6.2% in the first quarter of the year, after four quarters of strong rising trends, according to LevelTen Energy’s new PPA Price Index.
Organizations that are searching for technology that will support them in achieving their sustainability goals will soon have a new tool that may help: the Solar Impulse Foundation is pulling together a portfolion of more than 1,000 cleantech solutions that it says have a positive impact on both the environment and the economy. The organization claims it will be the
A $6.5 million residential solar project is going up in Queens, New York, that will eventually power the common areas of all Zara Realty’s 45 buildings. The project will help the city and the state reach its ultimate climate goals.
The University at Albany in New York has begun construction on a solar project that will supply about 60% of the electricity used by its new $180 million ETEC building, expected to open this summer. The university will purchase all the electricity and renewable energy credits (RECs) produced through the 1.8 megawatt system.
Ameresco, Enel X, and Engie are leaders in the energy-as-a-service space, according to a new assessment from Guidehouse Insights. As organizations in the commercial and industrial space increasingly prioritize sustainability, these three companies are best positioned to address customer needs for technology expertise and advisory services, Guidehouse Insights says.