Energy Update
Zenith Energy announced that field workover Team A, comprised of the Company's field personnel and operating Zenith's workover rig, will be involved in workover operations at three wells across the Muradkhanli, Jafarli and Zardab fields near Baku, Azerbaijan.
Green Dragon Gas, a producer of Coal Bed Methane (CBM) gas in China, announced that the Qinshui Basin Chengzhuang Cooperative CBM Block (GCZ Block) Overall Development Plan (ODP) has been approved by the Consultation Center of China National Petroleum Corporation (CNPC).
LGO Energy's second development well, GY-683, in the new drilling campaign on Gourdon Field, which was drilled 1250 ft and perforated over 250 ft interval of net oil pay within Mayaro Sandstone reservoir is now on production.
Saffron Energy said that the operations at its gas field in Bezzacca had begun last week.
Walmart is continuing its foray into energy storage ownership with new installations for its stores in Southern California. Advanced Microgrid Solutions last week said it will install 40 MWh of energy storage at 27 Walmart stores in the region.
Jenn Runyon, Chief Editor of Renewable Energy World and Paula Mints, Chief Market Research Analyst with SPV Market Research discuss three hot topics in the global solar industry for three minutes each. Today’s topics include the demise of the solar lease, the fall of the yieldco and microgrids. Check it out!
Massachusetts is drawing closer to its first solicitation for wind energy in state waters, with a call for bids due in June. The first solicitation of the 1,600 MW mandated in state legislation could be anywhere from 200 MW to 800 MW, according to Bill White, senior director, offshore wind development, for the Massachusetts Clean Energy Center (MassCEC).
U.S. Energy Secretary Rick Perry is ordering a study of the U.S. electric grid, with an eye to examining whether policies that favor wind and solar energy are accelerating the retirement of coal and nuclear plants critical to ensuring steady, reliable power supplies.
Saudi Arabia will develop 30 solar and wind projects over the next 10 years as part of the kingdom’s $50 billion program to boost power generation and cut its oil consumption.
It may seem counter-intuitive, but you can have too many solar panels on your roof. With conventional net metering, your utility will not reimburse you at the end of the year if you produce more power than you consume.
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