Oil and gas companies are starting to utilize zero-carbon sources to reduce carbon emissions associated with operations, according to a new database and analysis by IHS Markit of these types of renewable energy projects. “There is a striking pace of growth over the past few years and a dynamic commercial environment for delivering renewable energy […]
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Longroad Energy, a U.S.-based renewable energy developer, owner and operator, has reached the financial close and sale of the Muscle Shoals Solar project, a 294 MW DC project located in Colbert County, Ala. Ørsted, the global renewable energy company, acquired the project at financial closing. Muscle Shoals Solar, the largest renewable energy project in Alabama, […]
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The Michigan Public Service Commission (MPSC) has approved DTE Electric Co.’s amended renewable energy plan (Case No. U-18232), expanding the company’s portfolio of wind and solar power generation facilities and addressing concerns raised by the commission in previous orders, including the ability for third-party power purchase agreements (PPAs) to be used to meet the renewable […]
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While the COVID-19 pandemic has reduced air pollution in the U.S., the longer-term impact on the environment is unclear. In a recent study, MIT Sloan School of Management Prof. Christopher Knittel and Prof. Jing Li have analyzed the short- and long-term effects, finding that the actual impact will depend on the policy response to the […]
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Alliant Energy, the U.S. Department of Energy (DOE) and the Iowa Economic Development Authority (IEDA) have jointly supported an innovative solar+storage solution in Decorah, Iowa. The project looks to seamlessly connect customer-owned solar while maintaining reliable electrical service across the community. Battery storage is needed in Decorah because one electric circuit that serves the community […]
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Five climate and energy-conservation groups have taken legal action in the 9th Circuit Court of Appeals to challenge an Arizona public power utility’s discrimination against rooftop-solar customers. The Salt River Project recently raised electricity rates for rooftop-solar customers by 60%. In response, rooftop-solar customers challenged the utility for the discriminatory rates that penalize them, in […]
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The Washington Metropolitan Area Transit Authority (Metro), a tri-jurisdictional government agency that operates transit service in the Washington, D.C., metropolitan area, has reached a deal worth up to $50 million over 25 years with SunPower Corp. and Goldman Sachs Renewable Power LLC (GSRP) to install solar-paneled carports or canopies over surface lots and above parking […]
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PowerOptions, the largest energy-buying consortium in New England, has expanded its relationship with Solect Energy to offer large-scale solar and storage to its members. Solect, one of the top 10 commercial solar developers in the U.S., has been PowerOptions’ partner for the Small Systems Solar Program for more than four years and will continue in […]
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Researchers at the U.S. Department of Energy’s (DOE’s) National Renewable Energy Laboratory (NREL) have developed a novel machine learning approach to quickly enhance the resolution of wind velocity data by 50 times and solar irradiance data by 25 times – an enhancement that has never been achieved before with climate data. The researchers took an […]
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CIT Group Inc. says its Power and Energy business served as lead arranger on a $118.5 million financing for the utility-scale Harts Mill Solar project in Edgecombe County, N.C. The project is owned by Kayne Anderson Capital Advisors LP, an alternative investment manager, and marks their first solar investment supplying the PJM Interconnection grid. Kayne […]
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Capital Dynamics, an independent global private asset management firm, says its Clean Energy Infrastructure business has signed an agreement with Tenaska to enter into a new strategic relationship, increasing its greenfield solar footprint in both the Midwest and Southeast U.S. The transaction comprises 24 solar projects located in the Midcontinent Independent System Operator (MISO) and […]
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Researchers at the U.S. Department of Energy’s (DOE’s) National Renewable Energy Laboratory (NREL) have developed a novel machine learning approach to quickly enhance the resolution of wind velocity data by 50 times and solar irradiance data by 25 times – an enhancement that has never been achieved before with climate data. The researchers took an […]
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