Energy Update
More than $8 billion in loans for residential solar and efficiency improvements have been financed on the Mosaic platform, a milestone achievement for the Oakland, California-based company.
Mosaic has funded approximately $1 billion in loans per quarter this year and has helped more than 250,000 households switch to sustainable home improvements since the company’s founding in 2010.
By Elizabeth Ouzts, Energy News Network
President Joe Biden moved to remove hurdles to offshore wind development in the southern Atlantic on Wednesday, saying it was among many executive actions he was taking to combat the climate crisis.
AP — Georgia regulators turned back an effort to expand by 75,000 the cap on the number of rooftop solar panel installations where Georgia Power pays a high rate for power generated.
In a 3-2 vote, the Georgia Public Service Commission decided to study the costs and benefits of rooftop solar before they vote on a rate increase for Georgia Power in December. The number of participants will remain frozen at the current level of 5,000 until then.
A 350 MW wind farm paired with a 137 MW/204.6 MWh battery storage facility is now operational in Texas.
The Azure Sky project in Throckmorton County is Enel Green Power's first hybrid wind+storage project. It features 79 wind turbines— a mix of Nordex and Vestas models. Wärtsilä supplied the battery storage system.
RALEIGH, N.C. (AP) – Environmental and renewable energy groups have challenged the proposal by Duke Energy Corp. subsidiaries on how to reduce greenhouse gases in North Carolina in the next decade, saying it relies too much on natural gas and unproven technologies to succeed.
The Prime Minister of Portugal, António Costa, and the Chairman of Iberdrola, Ignacio Galán, have inaugurated the 1,158 MW Tâmega Gigabattery in Portugal.
Tamega is a large hydroelectric storage project that required nearly eight years to construct at a total investment of more than €1.5 billion ($1.5 billion).
On July 20, the United States announced a “change of scope” of the Supplemental Environmental Impact Statement (SEIS) for its Next Generation Delivery Vehicles (NGDVs). Under the adjustment, at least 50% of the new NGDVs will be battery electric vehicles (BEVs).
A 500 MW solar project planned for federal land in California can begin construction, the Bureau of Land Management says.
The Oberon Solar Project is being developed by Intersect Power on about 2,600 acres in Riverside County. It is the third project approved for full construction under the Desert Renewable Energy Conservation Plan.
Pivot Energy has started the construction of 10 new community solar projects in Illinois.
The portfolio of projects represents 17.1 MW of capacity through the Illinois Adjustable Block Program across Ameren and Commonwealth Edison utility service territories.
Bloom Energy opened a new factory in Fremont, California, giving the fuel cell manufacturer a multi-gigawatt production boost along with expanded research and development capabilities.
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