Renewable Energy News
The European Investment Bank is the first issuer to link its individual green bonds to the projects they finance in a second move to respond to the call from world leaders to scale up finance for projects related to climate change.
September 16 was a big day at Younicos this year, as it marked the one-year anniversary of the commissioning of Europe’s first commercial battery park in Schwerin. The mood among the political and energy industry leaders who gathered to mark the occasion in this picturesque Northern German town was upbeat: The 5-megawatt system, designed and delivered by Younicos, had exceeded revenue forecasts in its first year of operation. It had not only won every weekly auction for primary frequency regulation it had bid into, it also achieved an impressive average price of €3,810 per megawatt. And the outlook is even more gratifying: By the end of August, the revenue target for the 2015 calendar year had already been reached.
SolarCity in an Oct. 2 announcement said that it will begin production this month on what the company claims is the “world’s most efficient” rooftop solar panel at 22 percent.
Germany’s biggest wind-turbine maker agreed to purchase its counterpart in Spain in a transaction that will create the fifth-largest manufacturer of the worldwide amid a shift toward renewable energy.
Terpenes rarely make the nightly news, but these organic hydrocarbon byproducts of eucalyptus, pine, bacteria and even some species of butterflies and termites are emerging as energy-dense players in the energy biojet and biodiesel markets.
Solar installations globally could grow by between 25 percent and 30 percent in 2015 compared to last year, according to Mercom Capital Group.
Arizona Public Service (APS) on Oct. 1 announced it is issuing a request for proposals (RFP) to test the market for new large-scale solar installations in Arizona that could be developed in partnership with large commercial and industrial customers.
Relative to other renewable energy power sectors, such as wind and solar power that have experienced explosive growth over the past several years, biomass power has played a minor role in the development of the Chinese renewable energy power industry over the same period.
India, the world’s third-biggest polluter, pledged to slow the rise of greenhouse gases produced by its growing economy and to rapidly build up clean energy sources, becoming the last major country to submit its plan for tackling global warming emissions.
Power produced by the recently expanded Don A. Campbell geothermal plant in Mineral County, Nev., now represents 1.1 percent of the Los Angeles Department of Water and Power’s (LADWP) 33 percent by 2020 clean energy goal, the utility said on Sept. 29.
Unmanned Aerial Vehicles will play a greater role in wind turbine inspections according to a report recently published by Navigant Research.
A Chinese maker of solar components is threatening to become the nation’s next company to default on bonds, highlighting industry challenges as President Xi Jinping pushes to cut global-warming emissions.
To the average consumer — and for that matter experienced installer — there is really not much difference between one manufacturer’s panel compared to another.
NextEra Energy Inc. plans to invest $100 million in energy-storage systems over the next year to back up its fleet of solar and wind energy plants.
The U.S. Forest Service (USFS) is planning to prepare an environmental impact statement (EIS) to analyze the potential effects of geothermal development in Salmon-Challis National Forest (SCNS) in Idaho, according to a Sept. 24 notice in the Federal Register.
Impax Asset Management Group Plc, a London-based investment firm, has completed a 182 million Polish-zloty ($48 million) refinancing for its Kisielice wind farm in northern Poland after the country implemented new legislation for its renewable energy industry.
Stationary battery storage has evolved rapidly, and in short order, has become a crowded and highly competitive clean energy market and industry sector, not only in the U.S., but in Western Europe and the Asia-Pacific.
Installed utility-scale solar project costs have fallen by about 50%, from $6.3 per AC-W to $3.1 per AC-W, since 2009 for solar projects completed in 2014, Lawrence Berkeley National Laboratory said on Sept. 30.
Off the coast of Kagoshima island, a part of Goto City in Kagoshima prefecture, Japan’s first on-gird 2 MW floating offshore wind turbine (FOWT) is about to complete its mission as a demonstration project.
Project owner Brookfield Smoky Mountain Hydropower LLC (BSMH) is drawing down Chilhowee Reservoir, part of the 44-MW Chilhowee hydroelectric facility, to investigate seepage at the Chilhowee Dam on the Little Tennessee River in Blount and Monroe counties, Tenn.