Renewables: Page 36


  • Header image for "How Finance Leaders Can Drive Sustainability Transformations"
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    US solar installations expected to jump 52% to nearly 32 GW in 2023: SEIA

    The industry is outperforming SEIA’s March forecast, which predicted the best case scenario would see 2023 installations grow to 28.4 GW. 

    By Sept. 7, 2023
  • To spur clean energy, transmission buildout, NRDC calls for focus on affected communities

    The Natural Resources Defense Council on Wednesday recommended steps to lift clean energy barriers, including quickly designating “national interest” transmission corridors.

    By Sept. 7, 2023
  • High voltage power lines seen from below Explore the Trendline
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    Joe Raedle via Getty Images
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    Trendline

    Top 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
  • Wind turbines in offshore wind farm Westermeerdijk buitendijks, the biggest farm in the Netherlands.
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    Moody’s downgrades Ørsted outlook to negative amid US offshore wind struggles

    Ørsted, the company behind half of the offshore wind farms under construction in the U.S., is willing to walk away from them if financial conditions don’t improve, the company’s CEO has said.

    By Sept. 6, 2023
  • Wartsila energy storage site in south Texas
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    Retrieved from Wartsila.
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    Peregrine Energy bags $700M financing agreement to fund 7 GW storage and renewables pipeline

    The funding will help Peregrine bring its project portfolio into operation and enable the firm to capture market arbitrage opportunities and expand into new areas, the company said

    By Kavya Balaraman • Sept. 1, 2023
  • In an aerial view, the Amazon Fort Powhatan Solar Farm is seen in Disputanta, Virginia.
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    Drew Angerer via Getty Images
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    Treasury proposes regulations for IRA’s wage and apprenticeship requirements

    The proposed rules offer some flexibility to companies struggling to hire enough apprentices or waiting on delayed wage determinations.

    By Aug. 31, 2023
  • A wind farm along Tug Hill in northern New York.
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    As Ørsted, others seek up to 71% hike in clean energy contract prices, NYSERDA warns of rate increases

    Proposals to raise offshore wind and onshore renewable energy contract prices in New York would push residential rates up by 4% a month, according to a state agency.

    By Aug. 31, 2023
  • Electricity from solar panels, dams, and wind turbines. Environmentally-friendly renewable energy concept.
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    Opinion

    Clean energy investment is surging, but success is far from guaranteed

    The newfound ambition to build a clean energy economy by mid-century has exposed foundational flaws in approving and connecting energy projects that, if not addressed soon, will make this goal impossible.

    By Jason Grumet • Aug. 31, 2023
  • Offshore wind farm energy turbines at dawn against an orange sky
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    RWE wins auction for Gulf of Mexico offshore wind lease area as 2 tracts near Texas go unsold

    The purchased lease area went for about $55 per acre, compared with average sale prices of at least $1,000 per acre in the last four U.S. offshore wind lease auctions.

    By Aug. 30, 2023
  • A Future Made in America sign is seen as U.S. President Joe Biden stands in a manufacturing demonstration area at United Performance Metals on May 6, 2022 in Cincinnati, Ohio
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    1 year later, EV and battery projects dominate Inflation Reduction Act-driven investment

    The solar and wind industries have also seen significant investment spurred by the IRA, while interest in biofuels and energy efficiency has lagged.

    By Kate Magill , Aug. 30, 2023
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    Falling gas, oil prices unlikely to slow renewables’ growth but could impact hydrogen: S&P

    With help from federal incentives for renewables, fossil fuels' share of power generation is expected to drop to 25% in the 2040s despite falling oil and gas prices, according to S&P Global Commodity Insights.

    By Emma Penrod • Aug. 25, 2023
  • Solar panels and wind turbines in the desert producing renewable energy.
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    American Clean Power asks FERC to hold conference on capacity accreditation

    Improving the patchwork approach to measuring the reliability value of power plants, energy storage and other resources would bolster the grid, according to the trade group.

    By Aug. 25, 2023
  • A lone wind turbine spins as exhaust plumes from cooling towers at the Jaenschwalde lignite coal-fired power station, which is owned by Vatenfall, April 12, 2007 at Jaenschwalde, Germany.
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    Sean Gallup via Getty Images
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    Democratic lawmakers urge TVA to set 2035 net-zero goal in upcoming IRP

    The members of Congress pointed to Winter Storm Elliott’s impact on the utility’s service area as a justification for increasing renewables investment. 

    By Aug. 24, 2023
  • A coal-fired power plant on the Ohio River.
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    ArcLight, other private equity power plants in PJM face growing financial challenges: report

    Risks facing private equity in PJM include lower capacity prices, competition from renewable energy and capacity market reforms, according to the Institute for Energy Economics and Financial Analysis.

    By Aug. 22, 2023
  • Clean energy wind turbines and solar panels with a high-voltage transmission line.
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    Investors, buyers losing interest in ‘speculative’ renewable projects

    Interest in renewable energy assets remains strong, but projects that have yet to secure interconnection approvals are no longer attracting bids, according to marketplace operator LevelTen Energy.

    By Emma Penrod • Aug. 22, 2023
  • An aerial view of the Shotwick Solar Park in Deeside, Wales. The array of photovoltaic solar panels is spread over 250 acres and produces 72.2 mega watts per year.
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    Christopher Furlong via Getty Images
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    Four countries were used to dodge solar tariffs, Commerce Department finds

    Five companies were found guilty of tariff circumvention. The tariff moratorium is scheduled to end in June 2024.

    By Aug. 21, 2023
  • A solar plant near Gila Bend, Arizona.
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    DOE lab develops new models to address inverter faults, avoid grid disruptions

    Electromagnetic transient domain analysis may be key to stopping inverter-based resources from tripping offline or reducing output in response to grid events, according to research from Oak Ridge National Laboratory.

    By Aug. 18, 2023
  • Luminalt solar installers Pam Quan moves a solar panel during an installation on the roof of a home on May 9, 2018 in San Francisco, California.
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    Justin Sullivan via Getty Images
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    As demand for solar labor surges, training standards are a key focus: Fluke specialist

    On-the-job training is necessary to meet the solar industry’s labor needs, making the quality of that training a priority, said Fluke Solar Application Specialist Will White.

    By Aug. 17, 2023
  • Wind turbines farm in Limon, Colorado.
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    With first-of-its-kind PTC transfer, AEP sells 1.3 GW of unregulated renewables to Invenergy-led group

    American Electric Power’s sale of its unregulated renewable energy assets is part of the utility company’s effort to focus on its regulated operations.

    By Aug. 17, 2023
  • A photo of the EPA entrance sign in the foreground of the agency's building
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    Photo by Justin Sullivan/Getty Images via Getty Images
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    Democrats call on EPA to implement credit program for electricity from biomass by 2024

    A letter from a group of nine Democrats argues EPA has all the information and authority it needs to move ahead with the program. The proposal was excluded from a previous update to the Renewable Fuel Standard.

    By Jacob Wallace • Aug. 17, 2023
  • Clean energy wind turbines and solar panels with a high-voltage transmission line.
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    Google-backed white paper offers framework for deliverability in clean energy procurement standards

    Linking clean power purchases to sources in the region where the energy is used can bolster the grid and enable more accurate carbon accounting, according to Google.

    By Aug. 17, 2023
  • The Pacific Ocean seen from between trees off the coast of Oregon in Heceta Head Lighthouse State Park.
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    BOEM identifies two wind energy areas with up to 2.6 GW of potential offshore Oregon

    The governor and state lawmakers have pushed back against the pace of Oregon offshore wind development, asking for more time to consult ocean stakeholders.

    By Aug. 16, 2023
  • Before sunrise solar power plants.
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    IRA drives $12.4B into US storage as investments ‘juice’ an already strong market: Freyr exec

    Since the Inflation Reduction Act passed, 210 major new clean energy projects have been announced, which have the potential to drive up to $86.3 billion in private investment, says E2. 

    By Aug. 15, 2023
  • Solar panels manufactured by First Solar
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    Courtesy of First Solar
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    First Solar selects Louisiana as home of next solar panel factory

    The $1.1 billion facility is expected to be the largest capital investment in the state's history.

    By Kate Magill • Aug. 15, 2023
  • A rendering of Maxeon Solar Technology's planned solar panel factory in Albuquerque, New Mexico.
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    Courtesy of Maxeon Solar Technologies
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    Maxeon Solar Technologies to build $1B New Mexico solar panel factory

    The 160-acre site will be the Singapore-based company's first U.S. facility, spurred in part by the Inflation Reduction Act.

    By Kate Magill • Aug. 11, 2023
  • Asheville Combined Cycle Station
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    Courtesy of Duke Energy
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    EPA power plant carbon plan relies on unavailable tech, violates law: EEI, trade groups

    The EPA based proposed emissions standards on hydrogen blending and carbon capture technology that isn’t widely available, violating the Clean Air Act, utility and power sector trade groups said.

    By Aug. 11, 2023