Energy Update
Longtime renewable energy expert and founder of Generate Capital, Jigar Shah, has been appointed to head up the Loan Programs Office (LPO) of the US Department of Energy (DOE).
by Jane Marsh, Blogger
Renewable energy businesses can be promising investments for larger companies looking to improve their carbon footprints. Sometimes, what some might assume to be the least likely investors will pour funds into renewables. That’s the case with Eavor Technologies’ most recent round of fundraising.
Visionary British female entrepreneurs are receiving government backing to drive forward their novel innovations and business ideas.
Renewable project developers are bearing the burden of decades of transmission planning focused on transmission owner needs. Renewable projects are dropping out of generator interconnection queues because of the high cost of transmission upgrade costs. PJM, MISO, SPP are all dealing with the same issue – high volume of renewables projects in their interconnection queue. None of the transmission solutions proposed are anywhere close to construction in the next 5 years.
A University of South Australia researcher is helping establish a lifetime stewardship scheme to manage renewable energy waste from solar panels.
by Sezen Bakan, The Lead, Australia
Australia has the highest proportion of household photovoltaic (PV) systems in the world, with more than 21 percent of homes — or around 2.59 million — now possessing a solar energy system.
Company is going all-electric and funding a new Yale center for applied research focused on carbon-negative technologies.
FedEx Corp. announced this week that it wants to achieve carbon-neutral operations globally by 2040. The company laid out three key areas it will focus on via a $2B investment: vehicle electrification, sustainable energy, and carbon sequestration.
Big name corporations Chevron and Microsoft are joining Schlumberger on a plan to develop a bioenergy project that will include carbon capture and sequestration. As a result, the energy produced would be carbon negative.
The project will be located in Mendota, California and will use an idled bioenergy plant.
On March 2, sustainable infrastructure company Ichigo announced the completion of its 52nd power plant, Ichigo Yonezawa Itaya ECO Power Plant (Ichigo Yonezawa). Ichigo Yonezawa is the company’s first wind plant, with all of its other projects being solar.
The project is located near the border of Yamagata and Fukushima prefectures in Japan.
(Fri, 05 Mar 2021) Working natural gas stocks in EIAâs South Central storage region reported no net change for the week ending February 26, following a record pull for the previous week, according to EIAâs Weekly Natural Gas Storage Report.
By Gail Whiteman and Fred van Beuningen
Every major economy has an industrial zone like the Port of Rotterdam, a place where smokestacks, pipes, and tanks tell one story of climate change. Anything that can be made of crude oil is made at the Port. It is a complicated place. On the one hand, it provides jobs and the necessities of modern life. On the other, it propels us towards ecological disaster.
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