Energy Update
Canadian company NeoGreen Hydrogen Corporation has signed a cooperation agreement with the Administración Nacional de Electricidad (ANDE), Paraguay’s state-owned electricity administrator, to cooperate in developing commercial-scale hydrogen production from the 14 GW Itaipu hydropower project.
The U.S. Bureau of Ocean Energy Management (BOEM) scheduled an offshore wind energy lease auction for 480,000 acres in the New York Bight area off New York and New Jersey.
Nobody likes to wait.
And in rooftop solar, every added day spent waiting for a permit cuts into profit margins and sours the customer experience. These so-called soft costs can be a backbreaker.
Hydro-Québec and Evolugen, the Canadian operating business of Brookfield Renewable, entered into a 40-year escalating electricity purchase agreement under which Hydro-Québec will buy the output of the 263 MW Lièvre hydroelectric portfolio in Québec.
Today, Chris Markwell is the director of asset management for NEXTracker -- a leading solar tracking provider -- where he works to make utility-scale solar arrays more productive every day.
His journey as an engineer, leader, and person of color in clean energy began years ago with a critical decision to serve.
To lean on old sports cliché, it's not about how you start, it's how you finish.
In letters sent to leaders in Congress and the White House, energy storage executives called for renewed attention to incentives that were included in the stalled Build Back Better Act.
As pressure grows to deploy cleaner, greener power sources that will reshape the energy ecosystem, decarbonization and other megatrends – electrification, climate adaptation and energy transformation – are forcing U.S. power utilities to get more innovative to maintain reliability and resilience.
Clean hydrogen production and use must increase by 50 fold, from 10 million tons per year to more than 500 million tons per year by 2050, if U.S. decarbonization goals are to be met.
Virtual Peaker said it received a $16.6 million investment to expand beyond its distributed energy resource systems (DERMS) platform. The funding was led by Louis Bacon’s Moore Strategic Ventures (MSV), with participation from Emerson Ventures.
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