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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
PV Tech: British energy company ScottishPower is targeting up to 40MW of solar as part of its Green Hydrogen for Scotland project. The company has submitted a planning application for up to 40MW of solar, made up over 62,000 individual solar cells, and up to 50MW of battery energy storage, which would be located on […]
IEEFA
Renewables Now: Spanish utility Iberdrola SA said today it has installed the first turbine at its 317-MW hybrid wind and solar power project in South Australia. The AUD-500-million (USD 381m/EUR 320m) Port Augusta Renewable Energy Park will consist of a 210-MW wind farm and a 107-MW solar park. The project will involve the installation of […]
IEEFA
Renew Economy: Australia’s main grid reached a record level of renewables in its electricity supply, and a record level of wind and solar penetration on Sunday. The peak renewables share appears to have reached 55.9 per cent at 11.05am on Sunday morning, with wind and solar alone providing 53.4 per cent, according to the OpenNem […]
IEEFA
Bloomberg: BlackRock Inc. has raised $4.8 billion for a new fund to invest in renewable power assets around the world – almost double its initial target. The company’s real assets division closed on its third global renewable power fund, drawing money from over 100 institutional investors. It’s the latest sign of increasing interest from investors […]
IEEFA
Re.News.biz: Norwegian energy company Statkraft has unveiled plans to build its first wind farms in Chile, comprising the three-project 102MW Torsa complex. Construction at Torsa, which will feature 19 Nordex N163/5.X machines, will start in the second half of this year. The three wind farms are called Cardonal, Manantiales and Los Cerillos and will be […]
Press Release and Dennis Wamsted
Lessons may apply to other parts of the U.S. planning new gas investments and sidestepping renewables
Discover how Duke Energy’s Carolina integrated resource plans (IRPs) over-rely on gas-fired generation while largely ignoring renewables-based options ⎼ a recurring oversight in utility planning efforts in the U.S. Log in Thursday, April 15th at 1:00 p.m. EDT for an accessible deep-dive with IEEFA energy analyst Dennis Wamsted who will explore current plans and discuss alternatives. Drawing on an in-depth […]
IEEFA
Silicon Republic: The [915 megawatt Moneypoint] coal-burning power plant in Co Clare will be transformed into a renewable energy site over the next decade. A 1,400MW floating offshore windfarm, a turbine construction hub and a hydrogen production facility are among the plans to transform ESB’s Moneypoint site into a green energy hub. Today (9 April) […]
IEEFA
PV Tech: Dutch energy firm Eneco is aiming to ramp up its solar energy portfolio in both the Netherlands and Belgium as part of an updated strategy aimed at accelerating the energy transition. After adding 202MW of renewables in 2020, the company is looking to double its solar and wind capacity to 2.5GW in the […]
IEEFA: Backlog of unsigned power sale agreements risks slowing India’s renewable energy growth
Freeing up India’s ‘on-hold’ renewable energy capacity7 April 2021 (IEEFA India): Delays in signing power sale agreements (PSAs) are a bottleneck in the growth of renewable energy capacity in India, jeopardising the government’s renewable energy target of 175 gigawatts (GW) by 2022, dampening investor confidence and threatening the viability of projects, finds a new briefing note from the Institute for Energy […]