Energy Update
NextEra Energy, the parent company of Florida Power & Light and the largest developer of clean energy in the U.S., said it deployed 5,000 MW of new renewable energy resources and energy storage in 2022, while adding 8,000 MW of projects to its pipeline.
Equinor subsidiary East Point Energy has launched a project acquisition venture that aims to acquire standalone energy storage, solar, and solar+storage projects in the U.S.
The venture initially is expected to target standalone storage projects that can achieve commercial operation in 2024 and 2025 in ERCOT, PJM, NYISO, and ISONE. The company said it also would review and consider projects in all power markets.
The U.S. has ambitious goals to generate clean energy from offshore wind farms. But Inadequate or non-existent transmission infrastructure remains a well-known hurdle to achieving those targets.
Latvian startup Aerones has secured $30 million in growth capital to scale its wind turbine inspection and maintenance business globally.
The company specializes in robot-enabled turbine inspection and maintenance and plans to use this funding round to grow its technical and sales functions, expand its presence in fast-growing markets including Africa and Australia, and bring new services to market.
Ten teams are semifinalists in the American-Made Geothermal Geophone Prize. They each earn $75,000 in cash prizes and $75,000 in vouchers for technical help to advance technologies to further develop the renewable energy resource.
Geophones are tools that are used to detect underground acoustic vibrations or to listen for seismic noise. They are useful in a variety of applications and increasingly in geothermal reservoir monitoring.
Midcontinent Independent System Operator (MISO) is not offering a soft landing for solar on the transmission grid. MISO is going out of its way to penalize solar by reducing the capacity value to zero, insisting developers pay more for non-firm transmission access to go along with continued delays in processing interconnection studies.
Renewable energy retailer Octopus Energy US is partnering with Enphase Energy, Inc., a supplier of microinverter-based solar and battery systems, to create a virtual power plant (VPP) in Texas.
With the partnership, Octopus Energy customers in the US will be able to integrate Enphase home solar and battery solutions in their energy plan in the hopes of accessing low-cost residential energy rates.
By DÁNICA COTO Associated Press
SAN JUAN, Puerto Rico (AP) — A U.S. government study has determined that with little room on the island for large-scale solar farms or wind generators, Puerto Rico should aim to reach its clean-energy goals by installing solar panels on all suitable rooftops, along with airports, brownfields and industrial areas.
Aypa Power, a Blackstone company that develops, owns, and operates utility-scale energy storage and hybrid renewable energy projects, said it closed $320 million of letter-of-credit and revolving credit facilities led by Banco Santander, Investec, and Nomura as coordinating lead arrangers and joint bookrunners.
Contributed by the Department of Energy’s Oak Ridge National Laboratory
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