Energy Update
2017 has been yet another tumultuous year. Cratering prices for wind and solar. The South African stand-off at the OK corral continues. The Indian market drops through the floor as procurement schemes change. On the bright side, wind and solar are hailed by all and sundry as the inevitable technology leaders going forward. And back in Washington…
After a six-year absence, BP Plc returned to the solar energy business with a $200 million investment in a British company that develops and maintains photovoltaic farms in Europe.
In 2017, scientists shared new ways to think about energy storage and identify opportunities to work with materials that are readily available and could drop the cost of grid-scale batteries. Here are three breakthroughs you may want to follow.
Mexichem announced that its joint venture, Petroquímica Mexicana de Vinilo (PMV), a co-investment with PPQ Cadena Productiva, a subsidiary of Pemex Etileno (PPQC), and of Mexichem’s Vinyl Business Group, has decided not to rebuild its Vinyl Monochloride (VCM) production capacity.
Inter Pipeline has announced a $900 million capital expenditure program for 2018, with 91% of it will be for organic growth initiatives.
In this episode, Joel Stronberg of the JBS Group discusses the top three big events that happened in Washington D.C. that affected the renewables industry in 2017, plus what critical issues we should be watching in 2018 and the actions industry members can take next year to stay informed and involved in the evolution of renewables in the U.S.
California-based esVolta last week launched its new utility-scale energy storage business with the purchase of operational projects and a pipeline of contracted projects.
Companies stepped up on climate change in 2017. In 2018, they need to bring countries with them. It is fantastic that there are now more than 300 companies committed to set science-based targets to reduce carbon dioxide and other greenhouse gas (GHG) emissions.
China’s plan to introduce a system to monitor and evaluate the solar-power market will help direct new investments to regions where fewer plants are idle, according to industry researchers.
U.S. Reps. Ryan Costello (R-Penn.) and Mike Doyle (D-Penn.) last week introduced a bill that would create a new investment tax credit for energy storage.
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