Energy Update
Ørsted sells 50% stake in US portfolio to fund future projects
Ørsted, a global developer of onshore and offshore wind projects, said it is selling a 50% ownership stake in a US portfolio to the investment group Energy Capital Partners.
What with inflation, supply chain problems, a labor shortage, and the Federal Reserve trying to slow economic growth, it’s a challenging time to be a renewable infrastructure contractor.
Fortunately, two of the Biden administration’s signature bills could help ease the challenges for contractors who know how to find and bid for work on the projects that the bills fund or help get funded.
The Center for Clean Hydrogen has opened at the University of Delaware as part of a public-private partnership to solve the challenges of creating low-cost clean hydrogen and efficient hydrogen conversion.
By Frank Jossi, Energy News Network
As climate change threatens more grid disruptions, businesses and nonprofits are seeking backup systems that can provide power during outages.
MADRID (AP) — The leaders of France, Portugal and Spain said on Oct. 20 that they have agreed to substitute a proposed gas pipeline connection between Iberia and France with an undersea “green energy corridor” that would eventually transport hydrogen.
Homeowners across the world have been investing in rooftop solar PV for at least two decades with much of that investment taking place over the past five years. As battery pricing has dropped, many of those same solar enthusiasts have added energy storage to their arrays so they can use more of the solar energy they generate themselves instead of sending their surplus back to the grid.
Amy Heart, VP of public policy at Sunrun, joined the Texas Power Podcast to discuss lessons learned from Winter Storm Uri, Texas’ interest in virtual power plants, and more. Subscribe to the Texas Power Podcast wherever you get your podcasts.
Today, everything is becoming intelligent, instrumented, and interconnected. By 2025 there will be over 38 billion connected devices globally generating more than 180 trillion gigabytes of data. Nowhere is this trend more pervasive than renewable energy, especially when there are so many expectations for renewables to pave the way for a greener future.
The Department of Energy awarded 20 companies a total of $2.8 billion in infrastructure law funding to expand domestic manufacturing of batteries for electric vehicles (EVs) and the electrical grid, and for materials and components currently imported from other countries.
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