Renewables
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US wind energy investment soars while solar stagnates: BloombergNEF
While solar companies struggle to find investors, interest in wind and geothermal projects is booming, according to analysis by BloombergNEF.
By Emma Penrod • Aug. 29, 2024 -
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Meta inks geothermal deal with Sage Geosystems to power data centers
The deal will provide up to 150 MW and be the first use of next-gen geothermal energy east of the Rocky Mountains.
By Lamar Johnson • Aug. 29, 2024 -
Explore the Trendline➔
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TrendlineThe Energy Transition to Renewables
New policy and business actions are giving a significant boost to renewable energy in the U.S., but opposition is growing and grid interconnection, permitting, labor and other challenges remain.
By Utility Dive staff -
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First national US green bank launches with IRA funding
The Coalition for Green Capital said it’s open for business and seeking to build a U.S. network of green banks that will mobilize capital for clean energy.
By Lamar Johnson • Aug. 29, 2024 -
Courtesy of Meyer Burger
Solar cell manufacturer halts $400M Colorado plant
Meyer Burger planned to convert an Intel semiconductor plant in Colorado Springs into a solar cell facility.
By Sebastian Obando • Aug. 28, 2024 -
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US clean energy jobs grew 4.2% in 2023: DOE
The U.S. added clean energy jobs at more than twice the rate of the broader economy, according to the Department of Energy.
By Robert Walton • Aug. 28, 2024 -
Adeline Kon/Utility Dive
California targets up to 2 GW of long-duration storage as part of 10.6 GW clean energy procurement
The procurement also includes up to 1 GW of geothermal energy that can be commissioned between 2031 and 2037 and 7.6 GW of floating offshore wind that can be commissioned between 2035 and 2037.
By Brian Martucci • Aug. 27, 2024 -
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Slow renewables asset market could pick up in second half of 2024: LevelTen Energy
Renewable energy project acquisitions slowed considerably last year. Although the market appears to be picking up, some trends are likely permanent, LevelTen’s vice president of M&A solutions says.
By Emma Penrod • Aug. 27, 2024 -
Courtesy of Business Wire
Avangrid, Schneider Electric among first cohort chosen for cleantech initiative
The program will address barriers building owners face when implementing new decarbonization technologies, such as performance uncertainty and integration challenges.
By Nish Amarnath • Aug. 27, 2024 -
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CAISO interconnection reform plan draws support from SoCal Ed, PG&E, PUC
However, renewable energy developers and trade groups urged the Federal Energy Regulatory Commission to reject provisions they say would favor utility-backed projects.
By Ethan Howland • Aug. 23, 2024 -
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New England may need ‘vast renewable build-out’ by 2050 to meet state decarbonization goals: ISO
By 2045, wind and solar resources are projected to meet just 10 GW of the 51 GW peak gross load during peak winter demand, according to the grid operator’s modeling.
By Robert Walton • Aug. 23, 2024 -
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BOEM eyes 2028 offshore wind lease auction for Hawai’i
Offshore wind leasing and development in Hawai’i remains in its earliest stages, and construction may not begin for a decade or more, an agency official said.
By Emma Penrod • Aug. 22, 2024 -
Sean Gallup via Getty Images
Deep DiveCarrots, sticks or both: State efforts to combat anti-renewables NIMBYs
In pursuit of zero-emissions electricity goals and tax windfalls from utility-scale renewables, states are taking a range of approaches to disarm opponents.
By Brian Martucci • Aug. 22, 2024 -
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Deep DiveCalifornia pioneers new ways to ease interconnection of large DERs
Limited generation profiles in California will schedule limits to DERs during system constraints. New York, Illinois, Colorado and others are testing more flexible approaches.
By Herman K. Trabish • Aug. 21, 2024 -
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Maine gets floating offshore wind research lease from BOEM
The lease, which covers 15,000 acres and could provide up to 144 MW of capacity, is the first of its kind in the U.S., the agency said.
By Diana DiGangi • Aug. 20, 2024 -
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IRA’s labor standard requirements could create 3.9M ‘high-quality’ jobs: report
The prevailing wage and registered apprenticeship requirements could also "boost pay and job quality for clean energy workers across America,” the Climate Jobs National Resource Center says.
By Diana DiGangi • Aug. 20, 2024 -
Permission granted by Burns & McDonnell
Sponsored by Burns & McDonnellPrivate LTE: The communications powerhouse behind the energy revolution
The digitalization of industry requires advanced communications solutions that use LTE, which provides optimal operational control and security.
By Bruce Albright and Scott Wales • Aug. 19, 2024 -
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Meta to procure 374 MW of clean energy from RWE solar farms
The tech conglomerate has signed two power purchase agreements with the German energy company to build on its sustainability goals.
By Zoya Mirza • Aug. 16, 2024 -
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Adding 8.5 GW of energy storage could save Illinois ratepayers $3B: study
However, the state may need up to 15 GW of storage to maintain grid reliability, according to the report backed by clean energy groups.
By Ethan Howland • Aug. 16, 2024 -
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SunPower’s bankruptcy does not imply similar fates for its competitors, analyst says
Higher interest rates hit SunPower harder than competitors like Sunnova and Sunrun because it relied more on solar financing from loans versus third party options, said Raymond James analyst Graham Price.
By Diana DiGangi • Aug. 15, 2024 -
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BOEM awards offshore wind leases to Equinor, Dominion
Together, the two central Atlantic leases offer up to 6 GW in capacity, with the companies paying close to $93 million in total.
By Diana DiGangi • Aug. 15, 2024 -
Permission granted by Town of Nantucket Marine Department
Vineyard Wind, GE Vernova cut damaged turbine blade to prevent more ocean debris
The Bureau of Safety and Environmental Enforcement has also revised the project’s suspension order, allowing Vineyard Wind to install new towers and nacelles.
By Diana DiGangi • Aug. 13, 2024 -
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Blackstone acquires majority stake of renewables engineering firm
While the terms of the deal with Westwood Professional Services were not disclosed, a Blackstone executive said its energy transition business has committed $1.3 billion in investments since June.
By Lamar Johnson • Aug. 12, 2024 -
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GSA updates federal building standards in clean energy push
The latest P100 update, which applies to 300,000 federal buildings, mandates clean energy use in facilities and sets new benchmarks for efficiency.
By Nish Amarnath • Aug. 12, 2024 -
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Algonquin Power sells renewable energy business for $2.5B
The agreement marks the first move of a three-part plan to become a pure-play regulated utility, CEO Chris Huskilson said.
By Emma Penrod • Aug. 12, 2024 -
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New England’s joint offshore wind solicitation delayed by DOE grant
Two of the bidding companies said they support the month-long delay in bid selection as Massachusetts, Connecticut and Rhode Island consider the impact of $389 million in DOE funds.
By Diana DiGangi • Aug. 8, 2024
