Energy Update
Europe and North America will increase the number of connected electric vehicle (EV) chargers by 38% between 2020 and 2025, according to a new report released by research firm Berg Insight.
This means the number of connected EV chargers in Europe and North America will reach 7.9 million by 2025 from 1.6 million in 2020.
(Fri, 17 Sep 2021) Ecuador withdrew its membership from the Organization of the Petroleum Exporting Countries (OPEC) effective January 1, 2020. According to Ecuadorâs government, the countryâs decision to withdraw its OPEC membership was part of the governmentâs rigorous plan to reduce public spending, promote public-private partnerships, and implement more market-friendly economic policies that generate new income.
In another strong sign of the times, longtime conventional power equipment supplier Babcock & Wilcox is strengthening its move into renewable energy technologies with the acquisition of a solar construction firm.
New York's largest community choice clean energy program -- automatically providing residents and businesses with 100% locally sources renewable energy -- has been activated in the City of Rochester.
The global rooftop solar market has the potential to exceed 2,000 GW of generation and 1,000 GWh of energy storage by 2050 through careful policy design, according to a new report.
New Jersey-based utility Public Service Enterprise Group has signed a multi-decade lease for land which will be used as a major manufacturing and assembly port to support the offshore wind industry.
A former coal mine in Southwest Virginia will be redeveloped for a utility-scale solar project.
The collaboration by the Nature Conservancy and Dominion Energy will repurpose 1,200 acres of the former Red Onion surface mine to generate approximately 50 megawatts of solar energy, enough to power 12,500 homes.
Vineyard Wind, the 800-megawatt project offshore Massachusetts, has closed on $2.3 billion of senior debt financing, setting the stage for construction to begin.
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