Energy Update
TechnipFMC dives into seabed mineral extraction to support energy transition
A specialist in offshore oil and gas exploration, TechnipFMC is diving into seabed mineral extraction to support the energy transition.
Daroga Power will deploy 32.85 MW of Bloom Energy solid oxide fuel cells (SOFC) after the investor and developer of distributed generation assets closed a $230 million infrastructure portfolio fund.
The fuel cells will provide clean and reliable baseload power for companies in California, New York, New Jersey, Massachusetts, Connecticut, and Maryland. The company said that 6 MW of fuel cells are already operational with the rest being deployed through the end of next year.
Removing state opt-out for demand response program participation in wholesale energy markets would benefit renewable project developers because aggregators of solar and energy storage technologies can leverage their experience with demand response products.
In Zoom interview, you will meet Laura Zapata, CEO of Clearloop.us, a Nashville-based solar power solutions company that is building a solar power farm in western Tennessee. Laura is also a former communications executive at UBER.
A coalition of 24 groups – representing thousands of companies, union members, investors, and advocates – has formed to spur the construction of a national electric vehicle charging network.
After years of rapid growth, clean energy jobs in the Midwestern United States fell by 8.9% — or approximately 66,000 — by the end of 2020, according to a new report by the nonpartisan business group E2 and Clean Energy Trust.
On the heels of the U.S. Senate approving a $1.2 trillion bipartisan infrastructure package, the chamber acted early Wednesday morning to pass a sweeping $3.5 trillion budget reconciliation along party lines.
Both measures are now on pace for final congressional approval in the coming weeks – major victories in the Biden administration’s climate and renewable energy agenda.
Electric power generated from renewable energy sources in the U.S. will rise to nearly 23% in 2022, according to short-term guidance released Tuesday by the U.S. Energy Information Administration (EIA).
Contributed by Harry Kaffenese, VP of global product management at ABB Power Conversion
Phillips 66 — the Houston-based energy corporation with oil refineries and hundreds of gas stations under its control — is betting on battery storage with its latest investment.
The company announced Monday the acquisition of a 16% stake in Austrian battery material supplier NOVONIX Limited, valued at $150 million.
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