At-a-Glance Wartsila will supply two 10 MW / 10 MWh energy storage systems consisting of its GridSolv Quantum integrated energy storage system and GEMS Digital Energy Platform software to Caribbean Utilities Company Ltd. (CUC) in the Cayman Islands. The project, which will be CUC’s first energy storage facility, will enable the utility to approximately double
At-a-Glance On December 28, 2022, New York Governor Kathy Hochul announced a plan for how the state will reach 6 GW of energy storage by 2030, representing at least 20% of peak electricity load. For more, read New York’s plan to expand storage capacity to 6 GW by 2030 includes centralized procurement method. Key Takeaways Read more →
At-a-Glance Climate tech has come to the fore like never before with its potential to be a safe haven investment in a macroeconomic environment of uncertainty. For more, read Booming Investment In Renewables Is Set To Continue In 2023 And Beyond. Key Takeaways Clean energy investment significantly accelerated and is expected to surpass $1.4 trillion Read more →
At-a-Glance A couple of energy projects in the Eastern United States are helping to increase access to clean energy and clean transport, while helping to level the playing field in other ways too. For more, read Two Partnerships Expand Access To Clean Energy & Transport In The Eastern US. Key Takeaways New York-based Autel Energy Read more →
At-a-Glance Finnish company Wartsila evolved from humble beginnings as a sawmill into a global marine and energy powerhouse that is today a model of customer value creation, decarbonization, and growth amid uncertainty. Driving that triumph over its 188-year history is a consistent spirit of innovation and flexibility. For more, read Generating Change: Wartsila’s Evolution. Key Read more →
At-a-Glance Eight companies working on technological advancements in clean energy have been awarded millions in federal funding to help scale up production on innovations that would streamline sectors such as offshore wind and pumped storage. For more, read DOE awards $100 million for innovative floating wind, pumped storage and other emerging clean energy tech. Key Read more →
At-a-Glance In July 2022, Pattern Energy Group bought the proposed SunZia transmission project, a 525-kV line set to deliver 3,000 MW to Arizona from wind farms Pattern is developing in New Mexico. For more, read Pattern Energy buys 3-GW SunZia transmission project to deliver wind energy from New Mexico to Arizona. Key Takeaways Pattern Energy Read more →
At-a-Glance The COP27 conference was a win for the planet, but more work – and investment – is crucial. For more, read Climate Progress Is Happening, Just Not Fast Enough. Key Takeaways An important victory achieved at COP27 was the growing acceptance among nations that the battle against climate change requires more robust mobilization of Read more →
At-a-Glance Does the aviation sector have its head in the clouds? Indeed, the experts are working hard to make hydrogen a sustainable aviation fuel. For more, read The Hydrogen Economy Will Soon Be Ready For Takeoff, Including Planes and Power Plants. Key Takeaways A study by Clean Sky 2 and Fuel Cells & Hydrogen 2 Read more →
At-a-Glance Deep geothermal technologies, such as the gyrotron, may be the key to harnessing the heat stored below the Earth’s crust to make abundant zero emissions energy. For more, read Deep Geothermal – One Renewable Energy Source to Rule Them All? Key Takeaways Gyrotrons, which produce high power beams, are currently used in fusion research. Read more →
At-a-Glance: In its quest to decarbonize its energy, California is heading offshore. Besides being green, tapping the winds over the Pacific Ocean offers an additional benefit: Good timing. For more read California’s Solar Problem Could Be Solved by Floating Wind Farms. Key Takeaways: While current solar capacity in California provides a deluge of power supply Read more →
At-a-Glance: Accelerated by the Inflation Reduction Act, solar capacity will more than triple from 2021 to 2030 and battery storage will jump exponentially, predicts BNEF. For more, read US Renewable Power Set to Get More Than 20% Boost From New Climate Law. Key Takeaways: Enough solar power plants will be built from this year through Read more →
At-a-Glance: The United States generated three times as much renewable electricity from the sun and wind last year in comparison to 2012, a new analysis has found. Seven states alone now produce enough electricity from these sources, as well as geothermal energy, to cover half of their consumption, according to an online energy dashboard. Read Read more →
