Energy Update
If the 19th century was the age of coal and the 20th the age of oil, the 21st century is starting to look like the age of lithium. A metal so soft it can be cut with a steel knife and for years known for its role treating bipolar disorder, lithium has quietly become the most important metal for several important industries — electronics, electric vehicles and renewable energy — because of its importance to energy storage.
HydroLand has acquired two small run-of-river hydroelectric facilities from Northbrook Carolina Hydro II LLC: 980-kW Bryson Hydroelectric Project and 1.04-MW Franklin Hydroelectric Project.
An international consortium made up of InterContinental Energy, CWP Global and Mirning Green Energy Limited, announced today an integrated green fuels mega project in the South-East of Western Australia.
Last year the number of residential battery systems installed in Australia increased by 20%. The 31,000 battery systems that were installed is a remarkable number, considering Australia entered a recession in September last year for the first time in almost 30 years. This article considers some of the key drivers behind the growing market adoption of small-scale battery storage systems in the Australian market.
Reduction in Feed-in Tariffs
On Friday, solar financing company Sunlight Financial announced the closing of its previously-announced business combination with Spartan Acquisition Corp. II, a publicly-traded special purpose acquisition company (SPAC) sponsored by funds managed by an affiliate of Apollo Global Management, Inc.
Sunlight partners with contractors nationwide to provide homeowners with financing for the installation of residential solar systems and other home improvements.
Earlier this month, the New Jersey legislature passed two pieces of legislation that will help increase solar development across the state.
New York Governor Andrew M. Cuomo this week announced that New York plans to explore the potential role of green hydrogen as part of the state’s comprehensive decarbonization strategy.
Most people don’t give the color of their roofs a second thought, but it could be costing their business a lot of money.
White or light gray roofs can increase rooftop bifacial PV energy yields by up to 25 percent and increase the return on investment by up to 10 percent, according to new research by Opsun, a bifacial PV racking company.
To ensure greater simplicity in the way the multinational energy company is managed, ENGIE has rearranged its organizational structure with the establishment of four energy business units and a technical services arm.
The new organizational structure, which came into effect on 1 July 2021, will help ENGIE increase its focus on core businesses to better operational performance, a statement from the group’s COO Catherine MacGregor states.
As solar power proliferates, at a certain point, it’s time to consider adding energy storage to help stabilize the grid. Take California’s duck curve problem as an example. The state has more than 31 GW of installed solar capacity and is ranked number 1 in the nation for solar according to SEIA. But all that solar means that between the hours of about 4-9 PM, as the sun is setting and folks are getting home and cranking up their appliances, the grid becomes strained.
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