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Hawaii gives green light to 185MW storage plan

S&P Global Market Intelligence ($): As part Hawaii’s bid to wean itself completely off fossil fuel-fired power, state regulators approved Hawaiian Electric Co. Inc.’s 20-year power purchase agreement with an affiliate of San Francisco-based developer Plus Power for its 185-MW/565-MWh Kapolei Energy Storage Project in an industrial corner of Honolulu County. The Hawaiian Electric Industries […]

May 5, 2021 Read More →

Solar, wind replacing nuclear, according to 2021 U.S. power plans

S&P Global Market Intelligence: Nearly one-third of the power generation resources planned to come into service in the U.S. in 2021 is located in the Electric Reliability Council Of Texas Inc. market, according to an S&P Global Market Intelligence analysis. Overall, 63,667 MW of new resources are projected to come into service, while 10,693 MW […]

April 27, 2021 Read More →

Chile takes Latin America lead for early works renewables pipeline

Bnamericas ($): A flurry of large and small-scale renewable projects totaling US$2.6bn in new investments have been filed for environmental approval in Chile over the past month. According to environmental agency SEA, eight large-scale projects were presented in April for a combined investment of US$1.68bn, together with 93 smaller projects totaling US$954mn. The news highlight […]

April 27, 2021 Read More →

Enel, AES unit close coal plants in Chile

Power: Italy’s Enel is decommissioning one of its coal-fired power plants in Chile two years sooner than originally planned, with the unit’s closure coming two days after the Chile-based unit of a U.S. utility announced it would accelerate the closure of a pair of coal-fired power plants in the country. Enel on Dec. 31 is […]

January 4, 2021 Read More →

AES Gener begins work on largest battery storage facility in Latin America

Energy Storage News: AES Gener has held a virtual groundbreaking ceremony to mark the start of construction on a 112MW / 560MWh battery energy storage system project in Chile, Latin America. Multinational electric power generation and distribution company AES Corporation’s local subsidiary said the system, which can store power from nearby solar and wind facilities […]

October 26, 2020 Read More →

Hawaiian Electric seeks approval for 300MW of new solar, 2,000MWh of storage

PV Tech: Hawaiian Electric has submitted eight contracts representing nearly 300MW of solar energy generation and about 2,000MWh of energy storage to be built on the islands of Oahu and Maui. The investor-owned utility has sent the contracts to the Public Utilities Commission (PUC) for review and approval. The projects form part of Hawaii’s largest […]

September 18, 2020 Read More →

U.S. energy storage industry sets 100GW installation goal by 2030

S&P Global Market Intelligence ($): Building on a breakout year for U.S. energy storage developers, the industry has released a roadmap for the addition of 100,000 MW, or 100 GW, of new storage resources by 2030. “The role energy storage can and will play in enabling the transition of electricity generation from fossil to renewable […]

August 25, 2020 Read More →

AES Gener plans 863MW wind-solar-storage project in Chile

Renewables Now: Santiago-based power company AES Gener SA submitted in Chile the environmental impact statement (EIS) for the 863-MW Parque Terra Energia Renovable wind-and-solar hybrid project. According to documents sent to the Chilean environmental evaluation service (SEA), the South American firm plans to invest USD 750 million (EUR 634.6m) in the project through its unit […]

August 18, 2020 Read More →

BHP to pay $840 million to end Chilean coal power supply contracts early

Reuters: Chilean copper mines Escondida and Spence, controlled by BHP, will jointly pay $840 million for an early end to a contract signed in 2008 with a coal-fired thermoelectric plant in the north of the country. BHP, like other mining companies in Chile, has been migrating its energy contracts to renewable sources to reduce its […]

August 11, 2020 Read More →

AES: Battery storage revenue at Fluence joint venture will top $3 billion annually by 2025

Platts: AES Corp. expects Fluence Energy LLC, its energy storage partnership with Siemens AG, to generate $500 million in revenue this year and $3 billion per year by 2025 as decarbonization efforts expand worldwide. In June, Fluence launched a sixth-generation “standardized technology stack” that AES said is easy to “rapidly and cost-effectively deploy.” It said […]

August 7, 2020 Read More →