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Greentech Media 10/21/2019 19:02
Highview Power is taking its unusual cryogenic or liquid air storage from demonstration to commercial scale. The company is developing its first large-scale system in the north of the U.K., it revealed Monday. The first project will have a capacity of 50 megawatts/250 megawatt-hours, and could be up and running by 2022. It's not a done deal: Highview is still looking for offtakers to secure contracted revenue that could balance merchant activity in Britain's wholesale markets. But Highview has a location locked down at a retiring thermal plant site, and is working on procurement for the construction phase. If built as described, this project would mark a milestone for the exotic technologies challenging mass-market lithium-ion batteries for.
Greentech Media 10/21/2019 18:39
Spanish renewables developer Acciona has acquired 3 gigawatts of solar and 1 gigawatt of storage projects currently under development in the U.S. by Nebraska-based Tenaska. The deal announced Monday will see Acciona aiming to complete eight solar projects totaling around 1,200 megawatts before the end of 2023, the first year the investment tax credit hits zero for utility-scale projects.
Greentech Media 10/21/2019 11:21
Calls for the financial system to wake up to the looming threat of climate change are growing louder by the day. Those calls have been coming most clearly from the Bank of England under Governor Mark Carney, who last week warned the. The problem is, that despite his rhetorical leadership on climate change, the Bank of England has a coal problem. The United Kingdom was the birthplace of the industrial revolution, and home to a power mix as recently as 2012 that was 40 percent coal-powered, yet it has emerged as a global leader in the transition beyond coal. Within the span of just a few short years the U.K. has nearly eliminated the dirtiest of fuels, regularly going with no coal power at all. That's an amazing transition that demonstrates to.
Greentech Media 10/19/2019 09:14
The world’s fifth-largest economy looked more like a developing country last week, as PG&E purposefully cut power to millions of people in Northern California for days. We knew this was coming. The growing safety and financial risk of wildfires in the state mean mass power outages will become more common. But in this case, PG&E was slammed for the way it handled things. We’ll dig into the scope, the fallout, and the solutions of California’s power shutoffs due to wildfire threats. Then: Dyson made a big business out of selling $400 hair dryers and $500 vacuum cleaners, but it couldn’t make a high-end electric car work. We’ll talk about why Dyson wrote off its EV plans. Finally, the Trump administration lifts a tariff exemption for bifacial
Greentech Media 10/18/2019 17:11
SAN FRANCISCO, Calif. — Utilities, not green-minded corporations, need to lead on decarbonizing the grid, said executives at Google and Facebook. Corporate procurement now of large-scale U.S. renewables purchases. But it's not the long-term answer to clean energy deployment, the technology executives said Thursday, speaking at an event hosted by the American Council on Renewable Energy. They'd rather see large market shifts than an emphasis on voluntary corporate renewables goals. Google and Facebook are currently the nation's largest corporate buyers of renewable power in 2019 and among the largest in the world. Facebook has announced seven U.S. deals so far in 2019, according to reporting by the Renewable Energy Buyers Alliance (REBA), a
Greentech Media 10/18/2019 12:27
2019 has seen a steady evolution of policy, regulation and business model innovation at the grid edge. The themes of "digitalization, decentralization, flexibility, and resiliency" keep cropping up, touching sectors from EV infrastructure to microgrids, demand response and beyond. Reflecting on the third quarter, Wood Mackenzie's grid edge team highlighted key trends and developments in the U.S. and global grid edge ecosystem. Digitalization. The global rollout of second generation smart meters is a window onto what’s next for customers at the grid edge. From July through September 2019, WoodMac tracked over 1.2 million second generation smart meters contracted in both the US and Europe. WoodMac expects smart meters to almost double from 665.
Greentech Media 10/18/2019 09:26
The growth story in solar continues to be an exciting one. Earlier this year, SEIA announced that the U.S. had reached a just three years after reaching the 1 million mark. While the story is interesting for solar of all sizes, we find it to be most exciting in the commercial sector. With autumn conference season in high gear, the team at Madison Energy Investments took time to reflect on what we are seeing in the commercial solar market. Commercial solar will never standardize : But it can and should be mimicked with a local flavor. The very nature of commercial negotiations makes standardization in any business difficult. Once a business or organization reaches a certain size, they naturally produce their own procurement guidelines — some.
Greentech Media 10/18/2019 05:32
Venture capital is an effective source of money for scaling companies quickly. But what if your company needs 15 years to prove itself? That’s the time horizon for many “tough tech” companies in energy that are developing new semiconductors, industrial processes, chemical production methods, and long-duration storage innovations. The first cleantech bubble showed the limits of VC in backing tough, capital-intensive tech. So we are asking: can venture capital ever step up to the big industrial-scale challenges of our day? Wind, solar and lithium-ion batteries are growing — but what about the difficult decarbonization solutions for heavy industry? Our guest, Katie Rae, believes it can. Katie is the CEO and managing partner at , a venture firm.
Greentech Media 10/17/2019 18:38
Energy Secretary Rick Perry, who has reports of his amidst growing revelations of his involvement in the Ukraine scandal at the heart of the impeachment inquiry into President Donald Trump, has submitted his resignation, the and other news sources reported Thursday. Trump confirmed Perry’s resignation during a Thursday evening visit to a Louis Vuitton workshop in Alvarado, Texas, according to .
Greentech Media 10/17/2019 16:38
Electric vehicle drivers have more public chargers than they did just a few years ago. But to access all those chargers, drivers still need to navigate a range of different charging companies that each have their own account and payment systems. Some use apps, some use RFID chips, some ask you to swipe a credit card. "The feedback we’ve been getting from EV drivers is that this is one of the biggest pain points," said Harmeet Singh, CTO at charging services company Greenlots, . The answer: interoperability standards, or the electric driving equivalent of cell phone roaming. European charging companies have been moving in that direction, and North America is starting to catch up. When Ford launches a "Mustang-inspired SUV" next year, the For.
Greentech Media 10/17/2019 13:25
Electric vehicle makers and battery manufacturers are making progress in developing new lithium-ion designs, amid persistent concerns over the supply of key materials. , in particular, are forcing battery makers to move toward cobalt-light lithium-ion formulations, said Hans Eric Melin, founder of Circular Energy Storage, a consultancy focused on battery end-of-life management. Foremost among these formulations is a lithium-nickel-cobalt-manganese (NCM, sometimes also called NMC) cathode chemistry with eight parts of nickel for each part of cobalt.
Greentech Media 10/17/2019 11:54
SSE Renewables, the project development arm of the British utility SSE, has selected turbine supplier MHI Vestas for its 1.1-gigawatt Seagreen project off the east coast of Scotland. Seagreen was one of the winning projects in the . The project secured a 15-year contract with a guaranteed price of £41.61/megawatt hour ($53.41) covering 484 megawatts of its total capacity of 1,075 megawatts. SSE plans to build out the remainder of the capacity as well. MHI Vestas will provide up to 114 turbines to Seagreen to cover the development area, the two companies said Thursday. The project is scheduled for completion during 2024/25 delivery year, which runs April to April, off the east coast of Scotland. Shashi Barla, Wood Mackenzie’s principal analy.
Greentech Media 10/17/2019 08:29
Leyline Renewable Capital has raised $150 million from private equity firm Newlight Partners to finance early-stage solar projects and anaerobic digesters backed by other developers. The Durham, North Carolina-based outfit wants to help developers who have multiple projects in the works but could benefit from additional working capital.

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