Renewables: Page 2
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Carbon market governing body tightens standards for renewable energy credits
The Integrity Council for the Voluntary Carbon Market said carbon credits issued under existing renewable energy methodologies won’t qualify for its Core Carbon Principles label.
By Zoya Mirza • Aug. 8, 2024 -
Courtesy of Qcells
Qcells scores $1.4B DOE loan guarantee for Georgia solar factory
The money will help build one of the country’s largest ingot and wafer plants, expected to begin production later this year.
By Kate Magill • Aug. 8, 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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OpinionHow data centers are being used to bypass clean energy goals
It is possible that real growth is coming for the electricity sector from data centers, electric vehicles and electrification. But that growth can be met without expanding fossil fuels.
By Patty Durand • Aug. 8, 2024 -
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SunPower files for bankruptcy, plans to sell or wind down remaining operations
SunPower, a leading residential solar installer, has encountered a “severe liquidity crisis” and must sell its assets to pay down more than $2 billion in debts, company officials said.
By Emma Penrod • Aug. 7, 2024 -
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USTR to decide soon on proposed tariff hikes for Chinese solar cells, EVs, other items
The White House’s rationale for increasing tariffs is to make the U.S. more competitive in the clean energy and technology sectors, a major focus during the Biden administration.
By Philip Neuffer • Aug. 2, 2024 -
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Clean energy tax credits are tough. This new tool could help.
The free online navigator from Lawyers for Good Government can help cities determine if a project qualifies for Inflation Reduction Act direct-pay incentives.
By Ysabelle Kempe • Aug. 1, 2024 -
Justin Sullivan via Getty Images
IRA tax credit transfer transactions could reach $25B this year, says Crux
Total transfer activity in 2023 was as much as $9 billion while activity in just the first half of 2024 totaled between $9 billion and $11 billion, a report from Crux estimates.
By Diana DiGangi • Aug. 1, 2024 -
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BOEM ‘confident’ in Gulf of Mexico offshore wind despite canceling lease auction
GNOwind Alliance members believe that this auction came down the pike way too quickly, said Cameron Poole, an energy and innovation associate at economic development agency Greater New Orleans.
By Diana DiGangi • July 31, 2024 -
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Data platform Paces nabs $11M to scale clean energy development
The new funding will help the company improve its platform, enhance its data intelligence and make certain data tools more available throughout the United States.
By Zoya Mirza • July 30, 2024 -
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DOE offers $33M for clean energy smart manufacturing
The money aims to boost R&D related to circular supply chains and sustainable materials and equipment.
By Kate Magill • July 29, 2024 -
Courtesy of RPlus Energies
rPlus Energies secures $1B for 800-MW solar-plus-storage ‘peaker plant’
In addition to the recent $1 billion Green River Energy Center deal, private equity investments will allow rPlus Energies to transition to an owner-operator model.
By Emma Penrod • July 26, 2024 -
gorodenkoff via Getty Images
Data centers powered by clean energy draw higher prices, as AI fuels electricity demand spike
A majority of companies are turning to third-party colocation data centers to support AI initiatives, with over 90% willing to pay more for clean energy, according to a survey by Flexential.
By Joe Burns • July 26, 2024 -
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OpinionThe US lacks enough skilled clean energy workers, but solutions are close at hand
To build successful clean energy manufacturing businesses in the U.S. while revitalizing our domestic industrial base, companies need to take responsibility for developing the workforce their growth depends on.
By Chris Dougher • July 26, 2024 -
Courtesy of Enphase Energy
Enphase Energy revenue drops 57% but California net metering rules spur battery sales
The revenue decrease was due to a “broad-based slowdown” in the U.S. and Europe caused by higher interest rates, policy changes and other factors, the company said.
By Brian Martucci • July 25, 2024 -
Fokkebok via Getty Images
GE Vernova suspects ‘manufacturing deviation’ was behind Vineyard Wind blade failure
The initial investigation points to a problem of “insufficient bonding,” which the “quality assurance program should have identified,” said a GE Vernova spokesperson.
By Diana DiGangi • July 25, 2024 -
Courtesy of Holy Cross Energy
Data center renewables demand drives strong Q2 for NextEra Energy Resources
NextEra Energy’s development arm signed deals for more than 3 GW of renewable energy during the second quarter, including an 860-MW agreement with Google.
By Emma Penrod • July 25, 2024 -
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CPUC proposes procuring 7.6 GW of offshore wind by 2037
The California Public Utilities Commission’s call for centralized procurement is “what folks have been waiting for on the West Coast,” said K&L Gates partner Theodore Paradise.
By Diana DiGangi • July 24, 2024 -
Mario Tama via Getty Images
Cities plan renewable energy, electrification projects as EPA unveils $4.3B in climate grants
The grants “put local governments in the driver’s seat to develop climate solutions that work for their communities,” a federal official said.
By Ysabelle Kempe • July 24, 2024 -
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Bipartisan energy permitting bill ups FERC transmission siting authority, requires interregional planning
The Senate bill released Monday could guide the framework for action on permitting reform, which may not come until next year, according to observers.
By Ethan Howland • July 23, 2024 -
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Deep DiveInnovative solutions emerge to reduce 2.5-TW US clean energy interconnection backlog
California’s project scoring criteria, the Texas connect and manage option and SPP’s work to link system planning with the interconnection process across its multistate region could speed the clean energy expansion.
By Herman K. Trabish • July 22, 2024 -
Permission granted by Kraken
Sponsored by KrakenWhat it means to transform an energy business
As an increasing number of customers adopt distributed energy resources into their homes – such as solar panels, EV chargers, or home batteries – consumer expectations and market dynamics are changing in tandem.
By Anja Langer-Jacquin – VP Client Success and Account Management, Kraken • July 22, 2024 -
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Solar PPA prices flat, wind prices continue to rise: LevelTen Energy
Wind PPA prices have increased 13.5% year over year after rising for three consecutive quarters, according to data from the LevelTen Energy marketplace.
By Emma Penrod • July 19, 2024 -
Permission granted by Town of Nantucket Marine Department
Vineyard Wind 1 halts operations after blade breaks, scatters debris along Nantucket
On Thursday morning, a “significant part of the remaining GE Vernova blade detached from the turbine,” Vineyard Wind said in a release.
By Diana DiGangi • July 19, 2024 -
Bim via Getty Images
OpinionWhat the 2024 presidential election could mean for commercial solar
Without full congressional support, and given various investment considerations, a change in administration will likely only stymie and delay certain parts of the IRA’s implementation.
By David Wei and Raaghav Salem Karthikeyan • July 19, 2024 -
Sean Gallup via Getty Images
LevelTen Energy scores $65M to scale clean energy transition
The transaction infrastructure company connects renewable energy buyers, sellers and advisers and plans to use the financing to expand its platform.
By Zoya Mirza • July 18, 2024
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