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Power Engineering International: GE Renewable Energy, Fraunhofer IGCV and voxeljet have announced a research partnership to develop what is claimed to be the world’s largest 3D printer for offshore wind applications. The Advance Casting Cell (ACC) 3D printer is currently under development and aims to streamline the production of key components of GE’s Haliade-X offshore […]
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Reuters: Vineyard Wind, which is on track to be the first major U.S. offshore wind farm, closed on a $2.3 billion loan and will begin construction in Massachusetts as soon as this week, the project’s developer said on Wednesday. The senior debt financing allows the project, a joint venture between Avangrid Inc. and Copenhagen Infrastructure […]
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Wall Street Journal ($): The world’s appetite for green energy is greater than ever, but that isn’t translating into big profits for some of the companies behind the boom. Top wind-turbine makers are struggling with lower earnings as rising raw- material costs, problems shipping the hulking machines, and uncertainty over the future of U.S. subsidies […]
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Reuters: A Chinese-backed deal to help Bosnian utility EPBiH expand its Tuzla coal-fired power plant has run into problems following General Electric’s (GE.N) withdrawal from the project, a senior Bosnian official told Reuters on Thursday. Nermin Dzindic, industry and energy minister in the government of Bosnia’s autonomous Bosniak-Croat Federation, made the comments following the publication […]
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Bloomberg ($): General Electric Co. vowed to curb the greenhouse gases produced by the use of its products—including thousands of fossil-fueled turbines and jet engines in operation around the world—in a bid to achieve net-zero emissions by 2050. The new goal, announced in GE’s annual sustainability report on Monday, signals that the industrial giant plans […]
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Bloomberg Quint: China’s biggest bank dumped a plan to finance a $3 billion coal-fired power plant in Zimbabwe, dealing a blow to coal developers in Africa that see the Asian country as the last potential funder of their projects. Industrial and Commercial Bank of China Ltd. told Go Clean ICBC, an ad-hoc body representing 32 […]
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Wind Power Monthly: Nordex has secured a 199.5MW order for four wind farms in the west of Finland, taking its annual total for the market beyond 500MW already. It will supply N163/5.X turbines to four projects in the interior of the mid-west of Finland, as well as in the west of the country, near to […]
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New York Times ($): A constellation of 5,400 offshore wind turbines meet a growing portion of Europe’s energy needs. The United States has exactly seven. With more than 90,000 miles of coastline, the country has plenty of places to plunk down turbines. But legal, environmental and economic obstacles and even vanity have stood in the […]
Dennis Wamsted
Birchwood plant shifts from coal showcase to solar-plus-storage resource
The Birchwood coal facility in Virginia is emblematic of the rapid transition from coal to renewable energy underway in the U.S. Four years ago, General Electric, which owns half of the 242-megawatt (MW) unit, planned to make the facility a showcase of its digital technologies, promising efficiency improvements, reduced emissions and lower costs. Earlier this […]
Simon Nicholas
Renewables are cheaper and more sustainable than gas imports, and can provide better energy security in developing nations
The emerging markets of Bangladesh and Vietnam are alluring for foreign energy companies looking to make money in the region. But these nations stand to lose both economically and environmentally through a pivot from coal to gas. Such a switch risks hindering investment into renewable energy and derailing climate progress across the continent. In Bangladesh, […]
IEEFA U.S.: Energy transition to renewables likely to accelerate over next two to three years
Coal, gas set to become biggest losers as renewable generation climbs quicklyMarch 31, 2021 (IEEFA) — The speed and scope of the energy transition to renewables will pick up pace over the next two to three years, according to the Institute for Energy Economics and Financial Analysis’ U.S. Power Sector Outlook 2021. Solar and battery storage adoption is enjoying almost exponential growth, and wind and solar […]