Columbia regulatory authority approves 73MW solar PPA for default power supply
The General Public Service Commission of the District of Columbia (DCPSC) has approved a 15-year power purchase agreement (PPA) with renewables programmer Invenergy for 73MW of solar power to meet a 5% renewables target for district's default electricity supply.
Aug 9, 2022 // Markets & Finance News, USA, PPA, pv power plants, Invenergy, North America, utility, utility ppa, DCPSC, district of columbia, standard offer service
Spain slaps windfall tax obligation on power companies
Spain will introduce a windfall tax on power firms and banks from following year to fund steps designed to assist Spaniards handle soaring inflation.
Jul 15, 2022 // Markets & Finance News, Spain, Europe, policy, legislation, utility, energy crisis, inflation, Windfall tax
Spain slaps windfall tax on power companies
Spain will present a windfall tax on power companies as well as financial institutions from next year to fund measures made to assist Spaniards manage rising inflation.
Jul 14, 2022 // Markets & Finance News, Spain, Europe, legislation, utility, energy crisis, inflation, Windfall tax
Iberdrola bought to return chunk of land under 500MWp solar project in Spain
A Spanish court has ruled that Iberdrola has to return part of the come down on which its 500MWp Núñez de Balboa solar project has actually been constructed.
Jun 21, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Extremadura, Spain, Iberdrola, Europe, núñez de balboa, utility, land acquisition
Fluence bags second BESS order in Taiwan, 10x size of first
International system integrator Fluence has actually been awarded a 60MW/96MWh battery energy storage space system (BESS) order in Taiwan for state-owned utility Taipower, its second in the country.
Apr 25, 2022 // Storage, Taiwan, utility, ancillary services, grid stabilising, automatic frequency control, renewables integration
AEP Energy Partners seeks renewables PPAs in PJM region
A subsidiary people utility American Electric Power has introduced an ask for propositions process as it aims to sign power acquisition arrangements (PPAs) for new as well as existing solar as well as wind centers situated in the PJM service region.
Apr 5, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, PPA, PJM, North America, rfp, Ohio, PJM Interconnection, request for proposals, utility, american electric power, aep energy partners, us utility
Indiana Michigan Power seeks proposals for 500MW of solar
United States utility Indiana Michigan Power (I&M) has actually provided a request for proposals (RFP) for 500MW of solar as part of its new incorporated resource strategy that requires the addition of more than 2GW of renewables by 2028.
Mar 17, 2022 // Plants, USA, ENERGY STORAGE, Michigan, North America, rfp, Indiana, irp, utility, indiana michigan power
Renewables growth should be leading priority for policymakers-- RWE CEO
Russia's intrusion of Ukraine implies that ensuring security of energy supply via the expansion of renewables ought to be a priority for policymakers, according to the CEO of German utility RWE.
Mar 16, 2022 // Markets & Finance News, Germany, Australia, Europe, financial results, Oceania, new south wales, policy, rwe, utility, company results, energy crisis
Virtual power plant professional Swell Energy reveals software application platform ahead of 80MW Hawaii project
Swell Energy, a United States firm being experts in virtual power plant (VPP) projects accumulating property solar PV and also battery storage, has introduced a distributed energy resources administration system (DERMS) software application platform.
Feb 14, 2022 // Plants, Residential, Storage, Software, VPP, virtual power plant, utility, Swell Energy, aggregation, algorithmic optimisation
Form Energy in talks with Georgia Power for 100-hour iron-air battery storage project
Multi-day battery storage technology start-up Form Energy is working with Georgia Power on a possible 15MW/1,500 MWh project in the US utility company's solution area.
Feb 10, 2022 // Storage, Georgia Power, Form Energy, utility, iron-air battery, coal plant retirement, baseload, emerging tech, long-duration energy storage, pilots and demonstrations
Ence retailing 373MW of Spanish solar projects to Naturgy
Spanish power company and also pulp manufacturer Ence is selling a portfolio of five solar PV properties in southerly Spain to energy Naturgy.
Dec 13, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, Spain, Europe, Naturgy, utility, Andalusia, Ence
Enel to add 43GW of solar by 2030 as part of US$ 191bn strategy
Italian energy Enel will certainly invest around EUR70 billion (US$ 78 billion) by 2030 to scale up its renewables as well as energy storage portfolio as it brings forward plans to get to net zero to 2040.
Nov 24, 2021 // Markets & Finance News, ENERGY STORAGE, Enel, enel green power, energy transition, utility, EnergyStorageEU
Iberdrola selects agrivoltaic projects for start-up assistance system
Spanish energy company Iberdrola is to offer technical as well as financial backing to four projects that are concentrated on promoting the coexistence of solar plants with agriculture, livestock farming and horticulture.
Nov 17, 2021 // Plants, Iberdrola, tracker, agrivoltaics, PV Hardware, Ombrea, utility, agriPV
Iberdrola halts investments in some renewable resource projects in Spain
Iberdrola has stopped briefly tenders for goods as well as services connected with the building of renewables projects in Spain complying with the introduction of brand-new procedures in the nation that limit the earnings of non-emitting power plants.
Oct 1, 2021 // Markets & Finance News, Spain, Iberdrola, Europe, utility
United States solar 4000% up on 2010 as market booms and also energies no more dominating brand-new contracts
The quantity of solar installed in the US in 2020 was 4000% greater than was set up in 2010, with 8,894 MW of utility-scale solar projects being added, as company need ends up being almost on the same level with energies.
Aug 2, 2021 // Markets & Finance News, Policy, USA, Texas, North America, corporate ppa, utility, Report, American Clean Power Association