Energy Update
Solar Foundation and the Solar Energy Industries Association (SEIA) are joining the National Renewable Energy Laboratory (NREL), several national residential solar companies, and other nonprofit organizations to develop new automated permit software for distributed solar and storage, reducing the cost of solar installations and saving resources for local governments and taxpayers.
China’s National Development and Reform Commission (the NDRC) issued a Circular on Policies of Improving the Electricity Price for On-Grid Wind Power (the Circular) at the end of May 2019. According to the Circular, the price of electricity from offshore wind power projects is cut to 0.8 yuan per kWh [US $0.12 per kWh] in 2019 and will further drop to 0.75 yuan [US $0.11] per kWh in 2020.
The Massachusetts Department of Public Utilities has issued an order approving long-term contracts for 9,554,940 MWh annually of hydropower between H.Q. Energy Services (U.S.) Inc. and the Commonwealth’s electric distribution companies through the New England Clean Energy Connect 100% Hydro project (NECEC Hydro).
An Abu Dhabi-based company that builds drilling platforms for oil giant Saudi Aramco plans to diversify into renewable energy by supplying gear for offshore wind farms.
BlackRock Real Assets is aiming to boost its renewables power portfolio in Asia by as much as 10-fold as it seeks to keep pace with the world’s fastest-growing region for green energy.
A series of U.S. renewable energy incentives violated international trade rules, according to the World Trade Organization, threatening to stoke tensions between the two countries as President Donald Trump prepares to meet Prime Minister Narendra Modi on Friday.
Yesterday, ENGIE Storage announced that San Diego International Airport (SAN) installed a 2 MW/4 MWh GridSynergy energy storage system. Paired with the airport’s existing 5.5 MW of solar capacity, the new energy storage system will reduce energy charges during peak demand, which according to ENGIE equate to approximately 40 percent of the airport’s monthly electricity costs. The system is expected to begin operation in early 2020.
This week the Global Wind Energy Council (GWEC) launched the first edition of its Global Offshore Wind Report, which provides a comprehensive analysis of the prospects for the global offshore wind market, including forecast data, market-level analysis and review of efforts to lower costs.
POWERGEN International Week truly begins Monday, Nov. 18 with POWERGEN University.
Ontario Power Generation (OPG) has entered into an agreement to acquire Cube Hydro, an operator of small and medium-sized hydropower facilities in the northeast and southeast U.S.
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