Renewables: Page
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Solar PPA prices flat, wind prices continue to rise: LevelTen Energy
Wind PPA prices have increased 13.5% year over year after rising for three consecutive quarters, according to data from the LevelTen Energy marketplace.
By Emma Penrod • July 19, 2024 -
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Vineyard Wind 1 halts operations after blade breaks, scatters debris along Nantucket
On Thursday morning, a “significant part of the remaining GE Vernova blade detached from the turbine,” Vineyard Wind said in a release.
By Diana DiGangi • July 19, 2024 -
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TrendlineTop 5 Stories from Utility Dive
Power demand is rising amid dramatic shifts in federal energy policy, but technology and markets continue to push the grid toward cleaner, more distributed resources.
By Utility Dive staff -
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OpinionWhat the 2024 presidential election could mean for commercial solar
Without full congressional support, and given various investment considerations, a change in administration will likely only stymie and delay certain parts of the IRA’s implementation.
By David Wei and Raaghav Salem Karthikeyan • July 19, 2024 -
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LevelTen Energy scores $65M to scale clean energy transition
The transaction infrastructure company connects renewable energy buyers, sellers and advisers and plans to use the financing to expand its platform.
By Zoya Mirza • July 18, 2024 -
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Solar companies take on more debt as investor interest continues to stagnate
Investors appear to be sitting out current uncertainties surrounding new tariffs, interest rates and the U.S. election, clean energy consulting group Mercom Capital Group said.
By Emma Penrod • July 18, 2024 -
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State distributed solar policy actions up 12% in Q2, with biggest focus on net metering: report
Last quarter, 44 states plus the District of Columbia and Puerto Rico took 182 policy actions on distributed solar, the North Carolina Clean Energy Technology Center found.
By Diana DiGangi • July 18, 2024 -
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OpinionNowhere to sell: As local bans proliferate, renewable energy companies must prioritize politics
The polluters who want to kill the energy transition have created political headwinds that are grinding the transition to a halt for everyone else, including the companies that really do want to move away from dirty fuels.
By Ayelet Hines • July 17, 2024 -
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Q&ACalifornia, Gulf of Mexico are exciting frontiers, says RWE’s US offshore wind CEO
“What I'm excited about right now is what I see as those signs of maturation, and that momentum building in the offshore wind sector here,” said Sam Eaton, RWE’s Offshore Wind U.S. CEO.
By Diana DiGangi • July 16, 2024 -
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BlackRock updates climate stewardship policies, targeting $150B in funds
The policies will initially apply to 83 European investment funds with $150 billion in assets under management and prioritize sectors and companies “critical” to the clean energy transition.
By Lamar Johnson • July 16, 2024 -
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DOE to deploy over 3,000 solar + storage home systems in 2024 for most vulnerable Puerto Ricans
DOE’s Solar Access Program could incentivize installation of up to 30,000 home energy systems for low-income households facing frequent power outages and other challenges.
By Robert Walton • July 16, 2024 -
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Amazon hits renewable energy goal early, reduces carbon emissions
The e-commerce giant said it met a goal to match all of its electricity consumption with renewable energy seven years early and decreased overall emissions by 3% in 2023.
By Zoya Mirza • July 15, 2024 -
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Cushman & Wakefield, Catalyze partner to increase renewable energy installations
Expanding the use of solar and energy storage technology at U.S. commercial and industrial facilities can reduce emissions and save money, the companies say.
By Nish Amarnath • July 15, 2024 -
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Hydrogen too costly for clean baseload generation but could serve as long-term storage: report
The cost of clean hydrogen-fired generation would far outstrip other forms of clean baseload energy, including nuclear, according to analysis by the Clean Air Task Force.
By Emma Penrod • July 12, 2024 -
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Supreme Court’s Chevron ruling creates power sector uncertainty: Moody’s
“The lack of clarity on future EPA mandates increases uncertainty and makes it more difficult for power companies to determine their most appropriate and cost-effective generation mix,” Moody’s said.
By Ethan Howland • July 12, 2024 -
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New analysis finds potential tariffs could ‘seriously hinder’ US solar deployment: ACORE
Tariffs requested in April by a coalition of solar manufacturers could raise U.S.-made module costs by 10 cents/watt and imported module costs by 15 cents/watt, according to a report from ACORE and Clean Energy Associates.
By Diana DiGangi • July 11, 2024 -
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Dominion to pay $160M for Avangrid offshore wind lease as report describes new industry momentum
An American Clean Power Association report, released Tuesday, forecasts $65 billion in private offshore wind investment in the U.S. by 2030.
By Diana DiGangi • July 10, 2024 -
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DC Circuit vacates FERC Western refund decisions, rejects Duke challenge to network upgrade orders
In separate decisions, PacifiCorp and other power sellers won their case against FERC refund orders stemming from a 2020 Western heat wave while Duke was found liable for network upgrade costs for a proposed solar project.
By Ethan Howland • July 10, 2024 -
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Global solar and wind capacity will more than triple to 8 TW by 2033: Wood Mackenzie
Global energy storage will grow by 636% to add nearly 2,789 GWh of capacity over the next decade, according to WoodMac's latest global market outlook.
By Diana DiGangi • July 9, 2024 -
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Sponsored by Energy ExemplarThe imperative of integrated system planning
Integrated system planning can help transform complexity to achieve a reliable, resilient and decarbonized grid.
July 8, 2024 -
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IRA’s impact grows clearer in H1 2024 as guidance and incentives spur investment
The biggest IRA story of 2024 “is the dollars flowing out the door from the feds to the states, to not-for-profit entities, to municipalities,” AEU's Harry Godfrey said.
By Diana DiGangi • July 3, 2024 -
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BOEM issues key approvals for New Jersey, Massachusetts offshore wind projects
Once completed, Atlantic Shores South will deliver 2.8 GW to New Jersey while New England Wind will deliver 2.6 GW to Massachusetts.
By Diana DiGangi • July 3, 2024 -
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Google invests in BlackRock-owned solar company to aid net-zero goals
The tech giant will invest in the buildout of Taiwan’s clean energy capacity for the rights to procure up to 300 MW of solar power from New Green Power’s development pipeline.
By Lamar Johnson • July 2, 2024 -
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BOEM greenlights lease sales for up to 6.3 GW of Central Atlantic offshore wind
One 101,443-acre lease area is offshore Delaware and Maryland, while the other is 176,505 acres offshore Virginia.
By Diana DiGangi • July 1, 2024 -
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Higher renewables costs, uncertainty show need for diverse energy resources: Lazard report
Lazard’s Levelized Cost of Energy+ report showed tailwinds for energy storage but a notable increase in costs for new-build renewables since 2021.
By Brian Martucci • June 28, 2024 -
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Fervo, Southern California Edison ink record-setting 320-MW geothermal deal
SCE will buy power from the 400-MW Cape Station project that Fervo is building in Utah, with the initial 70-MW phase of the project expected to be operational by 2026 and the second phase by 2028.
By Diana DiGangi • June 28, 2024
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