Energy Update

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(Tue, 03 Jul 2018) Fossil fuels—petroleum, natural gas, and coal—have accounted for at least 80% of energy consumption in the United States for well over a century. The fossil fuel share of total U.S. energy consumption in 2017 was the lowest share since 1902, at a little more than 80%, as U.S. fossil fuel consumption decreased for the third consecutive year.

LG Electronics announced plans for a new solar module assembly plant in Huntsville, Ala. The new factory will create about 160 new full-time jobs, increasing LG's Huntsville employment by 60 percent to more than 400 workers.

IRS clarifies solar ITC rules for “beginning construction."

As usual hot weather descended on New England in late June/early July but Vermont utility Green Mountain Power (GMP) was undaunted by peak demand. That’s because the utility turned to stored energy to reduce demand on the grid. There is a network of Tesla Powerwall batteries in Vermonters’ homes, stored solar power from GMP’s Stafford Hill Solar Facility in Rutland, and GMP’s new battery storage project in Panton. All combined that’s enough to power about 5,000 homes during the peak.

Yingli Green Energy Holding Co., once the world’s biggest solar-panel manufacturer, has been delisted from the New York Stock Exchange as its value has plummeted.

The commissioning marks the completion of the phase 1 of the refinery, which is said to be the first of its kind in the region. The first phase
The post Cielo Waste Solutions commissions renewable diesel refinery in Alberta, Canada appeared first on Compelo.

This agreement continues the strategic partnership between the two Russian companies, to develop an efficient logistics solution for shipping oil and gas products within Russia Arctic seas, optimising
The post Sovcomflot, Novatek sign partnership agreement on LNG shipping appeared first on Compelo.

Under the terms of the deal, EDF Renewables agreed to offload stakes in wind farms with a combined capacity of about 550MW, including the 62.1MW Teesside offshore project.
The post EDF Renewables to sell 49% stake in UK wind farms for $925m appeared first on Compelo.

The four energy storage facilities will all be located in the South Bay – Moss Landing local sub-area. They are all part of the accelerated solicitation for energy
The post PG&E seeks approval for 567MW energy storage projects in California appeared first on Compelo.

The company said that it has also completed the dry and wet commissioning of the Boungou processing plant, whose construction was completed in mid-May. Semafo claimed that the
The post Semafo reports first gold pour at Boungou Development in Burkina Faso appeared first on Compelo.

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