News

EnergyAustralia moving forward with country’s largest battery storage project

Renew Economy: The Wooreen battery, to be located next to the Jeeralang gas power station in Latrobe Valley, is part of EnergyAustralia’s planning for the closure of the Yallourn brown coal generator in 2028, and was first announced in March. It plans to complete the 350MW/1400MWh battery by 2026. It says it will be the […]

September 16, 2021 Read More →

South Africa’s FirstRand bank to end financing for new coal-fired power plants

Bloomberg Green: FirstRand Ltd., Africa’s biggest bank by market value, is ending its funding of new coal-fired power stations immediately and will halt the financing of new projects to mine the fuel over the next five years. The Johannesburg-based lender joins its peer Nedbank Group Ltd. in making such commitments as pressure mounts on banks […]

September 15, 2021 Read More →

U.S. solar capacity additions to hit record 26.4GW in 2021–report

Reuters: New U.S. solar installations soared 45% in the second quarter and are on track for a record year despite a supply chain squeeze that has increased the cost of both residential and utility projects, a report published on Tuesday said. The solar industry installed 5.7 gigawatts in the second quarter, or about enough capacity […]

September 15, 2021 Read More →

UPC Renewables ready to begin building largest wind farm in Indonesia

The Jakarta Post: Wind farm developer UPC Renewables announced on Friday (Sept 10) that construction would soon begin on a 150-megawatt wind farm in Sukabumi, West Java. It added that the project, which could mark a milestone in the use of wind power in Indonesia, was targeted for completion in 2024. The development of the […]

September 15, 2021 Read More →

Aker, Ocean Winds joint venture plans 6GW floating offshore wind project in Scotland

S&P Global Market Intelligence ($): After forming a partnership in July, offshore wind developers Ocean Winds SL and Aker Offshore Wind AS said Sept. 14 that they submitted a bid to use floating devices to deliver 6 GW of energy as part of Crown Estate Scotland’s ScotWind lease round process for several sites in the […]

September 15, 2021 Read More →

Enel Green Power breaks ground at Chile’s first green hydrogen project

ReNews.biz: Enel Green Power has broken ground on Chile’s first industrial-scale pilot plant for green hydrogen production. This 1.25MW plant, which is located at Cabo Negro north of Punta Arenas, will produce green hydrogen through electrolysis powered by a 3.4MW wind turbine. The plant is also Enel Green Power’s first project to produce green hydrogen […]

September 15, 2021 Read More →

Report finds plans for most new coal plants scrapped since 2015 Paris agreement

The Guardian: The global pipeline of new coal power plants has collapsed since the 2015 Paris climate agreement, according to research that suggests the end of the polluting energy source is in sight. The report found that more than three-quarters of the world’s planned plants have been scrapped since the climate deal was signed, meaning […]

September 14, 2021 Read More →

Rooftop solar sets another record in New South Wales

Renew Economy: Another spring day, another milestone in the transition of Australia’s electricity grid. The latest record comes from the state of NSW, where the growing share of rooftop solar pushed minimum operational demand to a record low of 5,065MW at 12.30pm on Saturday afternoon (Sept 10). According to the Australian Energy Market Operator, this […]

September 14, 2021 Read More →

Wood Mackenzie says annual U.S. energy storage investment could top $5 billion in 2021

Energy Storage News: The US is likely to install record setting amounts of battery storage this year, demonstrating the acceptance the technology has found in the power sector and as an integral part of the clean energy transition. That’s according to Wood Mackenzie Power & Renewables senior energy storage analyst Vanessa Witte, commenting on the […]

September 14, 2021 Read More →

Trade group executive outlines mounting challenges to U.S. natural gas industry

Platts ($): The U.S. natural gas pipeline industry will confront a litany of regulatory and legislative challenges under the Biden administration, including more hurdles for pipeline certification, a trade group executive said. “Overall, the speed and volume of proposed regulatory actions impacting our industry, all moving forward simultaneously, have almost been overwhelming as we face […]

September 14, 2021 Read More →