Energy Update
INEOS, the world's third-largest chemicals company, will invest $2.3 billion in green hydrogen projects across Europe over the next 10 years, the company announced this week.
The U.S. Coast Guard will build its first battery energy storage system (BESS) with its also first-time microgrid at a training center in California.
The Coast Guard selected Ameresco to provide energy savings performance contract (ESPC) services at Training Center Petaluma. The $43 million contract centers around the USCG’s first BESS and the U.S. Department of Homeland Security’s largest solar renewable project integrating in a microgrid.
Highland Electric Fleets announced this week what it called a “historic breakthrough for local clean energy” in which an electric school bus in Beverly, Massachusetts successfully delivered power back to the electricity grid for more than 50 hours over the course of the summer.
Corporate funding of the solar industry -- including venture capital, public market, and debt financing -- increased 190% globally through the third quarter of 2021, according to new analysis by Mercom Capital Group.
The African Development Bank Group’s Board of Directors has approved a loan of $86.72 million to co-finance the second phase of the Lesotho Highlands Water Project.
By Philip T. Krein, University of Illinois at Urbana-Champaign and Zhejiang University, China
An intriguing aspect of electric vehicle (EV) charging is how it will change business models for vehicle energy. In this article, aspects of charging practices and impacts are discussed, in the context of consumer-driven electric vehicles. Practices will be different for vehicle fleets, delivery driving, and large vehicles, and those issues are left to other discussions.
The U.S. Dept. of Energy is backing 10 energy efficiency pilot projects that aim to transform thousands of homes and workplaces into resilient smart buildings.
Portland General Electric has outlined a path to net-zero emissions that relies on tripling clean energy assets and utilizing customer-sited distributed energy resources for grid resiliency.
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