Mobile energy storage tech company Moxion Power said it secured $100 million in Series B funding led by Tamarack Global along with participation from its Series A lead-investor, Energy Impact Partners.
The company said it would use the funding to scale production at its first two domestic manufacturing facilities to meet what it said is growing demand for its mobile energy storage products.
WASHINGTON (AP) — Democratic Sen. Joe Manchin has abandoned, for now, his push to speed up the permitting process for energy projects, easing the Senate’s path toward passing a stopgap spending bill that would keep the federal government running when the fiscal year ends at midnight Friday.
In this image provided by Portland General Electric, windmills and solar panels line a renewable energy facility in Lexington, Ore., on this May 24, 2022. The facility combines solar power, wind power and massive batteries to store the energy generated there. The Wheatridge Renewable Energy Facilities was commissioned Wednesday, Sept. 28, 2022, and is the first utility-scale plant of its kind in North America.
The Texas Power Podcast from Renewable Energy World debuts on Thursday, Sept. 29. Subscribe to the Texas Power Podcast wherever you get your podcasts.
(Wed, 28 Sep 2022) Iraq holds some of the worldâs largest oil reserves and is the second-largest producer in OPEC after Saudi Arabia. Although its crude oil production rose in 2021 and the first half of 2022, Iraqâs export infrastructure is constrained and midstream projects are often delayed because of insufficient investment and bureaucratic hurdles.
Following energy and power news in Texas can be dizzying.
In February 2021, widespread outages left hundreds dead, caused more than $100 billion in property damage, and inflicted untold psychological trauma on Texans. As a result, interest in “the grid” surged, even though the tragedy during Winter Storm Uri went far beyond the grid.
As the 2022 Atlantic hurricane season churns away and disrupts electric power systems, attention focuses on how effective solar-plus-energy-storage systems can be in reducing the impacts of extended outages.
Heather Zichal is stepping down from her role as CEO of the American Clean Power Association effective Oct. 20.
The trade group announced Wednesday that Zichal is leaving to become the new global head of sustainability at JPMorgan Chase.
An Australian state plans to invest more than A$157 million (US$100 million) in energy storage projects to support its transition to renewable energy sources.
Victoria aims to reach 2.6 GW of energy storage capacity by 2030 and 6.3 GW by 2035— enough to power around half of the state's current homes at their peak energy usage.
Sen. Joe Manchin’s permitting bill may not solve the renewables industry problems. If we focus on expanding the Federal Energy Regulatory Commission (FERC) mandate to site transmission lines required for renewable development, I am not convinced that this permitting bill would do much for the renewable industry, because there are structural problems at grid operators that are under FERC’s jurisdiction that this bill does not and cannot address.
Misha Gerhard & Lewis LLC is International Strategic Consulting Firm with an extensive presence in the most rapidly developing regions of the world.