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Green Mountain Power will make use of 200 Tesla Powerwalls as digital nuclear power plant
Vermont utility Green Mountain Power (GMP) has actually announced a new online power plant program that will include a network of household battery systems.
May 17, 2021 // Plants, Residential, Tesla Powerwalls, virtual power plant, Green Mountain Power, Mari McClure, Erik Paulson
SJVN to form 3-GW solar, hydro JV in India's Odisha
Indian state-owned power generator Satluj Jal Vidyut Nigam (SJVN) has consented to set up a joint venture (JV) with Grid Corporation of Odisha to develop 3 GW of solar as well as hydropower projects in the Eastern Indian state of Odisha.
Dec 5, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, India, Asia, SJVN
Pele Green, EDF to build 100-MW solar park at S African platinum mine
A tie-up of Pele Green Energy and EDF Renewables South Africa will certainly construct a 100-MW solar park for South African mining titan Anglo American Platinum (JSE: AMS), the latter claimed on Wednesday.
Oct 7, 2021 // Plants, Large-Scale, Commercial, Africa, South Africa, EDF Renewables, PV Power Plant, Pele Green
War in Ukraine to 'turbocharge' green hydrogen production in a 'make or break' decade
The war in Ukraine will certainly "turbocharge" the worldwide green hydrogen industry as the price of choices rise by more than 70% as well as Europe seeks to reduce its reliance on Russian gas with a series an economic bundles, according to Rystad Energy.
Mar 22, 2022 // Markets & Finance News, Ukraine, Europe, European Union, green hydrogen, rystad energy, electrolysers, REPowerEU, russian gas
Green hydrogen to be generated at 1-GW wind, solar complex in Brazil
Brazil's Rio Grande do Norte state federal government announced on Thursday it held a conference with two European financiers thinking about adding green hydrogen production to a project for a 1,043.5-MW wind as well as solar hybrid complicated in the northeastern state.
Mar 3, 2023 // Plants, Storage, Solar to Fuel, South america, Brazil, green hydrogen, wind, solar complex
Encavis, Badenova Invest 200M for 500MW Renewables
Encavis and Badenova form new company, Encavis Energieversorger I GmbH, to invest EUR 200 million in renewable energy projects, with a portfolio of 500 MW wind and solar systems. Open to more partners to reach 1 GW by 2035.
Jul 28, 2023 // Markets & Finance News, encavis, Badenova
Intersect Powers USD-800m Renewable Revolution
Intersect Power LLC closes up-to-USD-800-million revolving corporate credit facility to fund renewable energy & storage production, green hydrogen projects, and 2.2 GW of solar & 1.4 GWh of storage capacity. A consortium of Deutsche Bank, Nomura & Santander serve as Coordinating Lead Arrangers.
Jun 28, 2023 // Markets & Finance News, USA, North America, Intersect Power LLC
Anesco secures authorization for 50MW battery site readied to perform multiple grid-balancing roles
Anesco's new 50MW battery storage site has been given the green light by Brentwood Borough Council, with the project to be one more example of exactly how batteries are profiting the grid and offering returns for investors, the company has stated.
Sep 8, 2021 // Storage, UK, Europe, Anesco
Power Roll commemorates raising ₤ 5.8 m of funding over six months
Flexible solar company Power Roll hailed the success of 2 financing rounds, with an overall ₤ 5.8 million investment to make it possible for the firm to scale-up production.
Feb 16, 2021 // Markets & Finance News, flexible solar, Power Roll, 7 Ventures, Kero Development Partners, Rab Capital, Government’s Future Fund Scheme, Doug Duguid
BayWa to sell 49 percent risk of BayWa r.e. for EUR530 million
BayWa AG has concluded its investor search for the organized funding boost at BayWa r.e. Renewable Energy GmbH.
Dec 11, 2020 // Markets & Finance News, BayWa, Klaus Josef Lutz
Endesa's EUR600 million RE park in Portugal to have Solar, Wind and Green Hydrogen
The renewable energy park will hold projects of solar energy, wind power, green hydrogen and a BESS that will certainly replace Pego Coal Power Plant.
Endesa has safeguarded connection rights of 224 MVA.
Mar 29, 2022 // Plants, Large-Scale, Commercial, Storage, Solar to Fuel, BESS, green hydrogen, Endesa Generación Portugal, Enel Group, Pego Coal Power Plant
The Power Grid Is Just One More Casino for Energy Traders
When GreenHat Energy collapsed after blowing millions hypothesizing on power costs, it came to be level: Energy traders are basically betting, and ratepayers back every wager.
Nov 5, 2021 // Grids, USA, North America, Andrew Kittell, GreenHat Energy, JPMorgan Ventures Energy Corp., JPMVEC
Queensland to relocate away from coal with USD-40.9 bn green plan
The Queensland federal government in Australia launched a draft costs that legislates an 80% renewable resource target by 2035 and sets an objective to transform the state's coal-fired power stations into clean energy hubs.
Jun 5, 2023 // Markets & Finance News, Storage, queensland
Siemens and Engie prepare 12 MW green hydrogen as well as gas project in France
A EUR15.2 million power-to-X-to-power hydrogen storage center is being planned in Saillat-sur-Vienne, in Nouvelle-Aquitaine. The project partners want to utilize renewable energy from the grid and water to produce and save electrolyzed hydrogen. It would then be blended with gas to power an updated, 12 MW Siemens SGT-400 industrial gas turbine which previously created vapor for neighborhood production as well as would have the ability to return power to the grid to satisfy need.
Jun 2, 2020 // Storage, Solar to Fuel, France, Engie, Europe, hydrogen, Siemens
Green Lantern Solar completes 500-kW array for employee-owned producer
Renewable energy developer Green Lantern Solar finished a solar array for Chroma, a qualified B Corporation in the precision optical filter sector. The 500-kW ground-mount array is generating sufficient energy to offset one-third of Chroma's annual energy expenses.
Mar 15, 2022 // Plants, USA, North America, Green Lantern Solar, Weston Martin