Category: Commercialization

May 15, 2023

The International Renewable Energy Agency (IRENA), in partnership with the Indian G20 Presidency, launched a comprehensive report today on how low-cost finance can accelerate the energy transition. Titled “Low-Cost Energy Transition Finance”, and developed in close collaboration with India’s Ministry […]

May 12, 2023

Fountain Fuel has launched its first zero-emission energy station in Amersfoort, Netherlands. The opening kicks off the company’s strategy to create a nationwide network of zero-emission energy stations, combining large-scale hydrogen refueling and electric charging. Vivianne Heijnen, State Secretary of […]

May 11, 2023

Abu Dhabi Future Energy Company PJSC – Masdar, one of the world’s leading clean energy companies, has signed an agreement with the International Renewable Energy Agency (IRENA) to cooperate on a major international knowledge project setting out the means to […]

May 10, 2023

The International Renewable Energy Agency (IRENA) today launched a new initiative, the IRENA NewGen Renewable Energy Accelerator (NewGen), aimed at supporting young entrepreneurs and innovators in driving the renewable energy transition. NewGen will provide capacity building, mentorship and other resources […]

May 4, 2023

A coalition of companies working in the U.S. clean energy sector has released its latest report on the nation’s offshore wind market, noting projects totaling more than 51 GW of capacity are in a growing pipeline of expected installations. The […]

April 24, 2023

New rules, regulations, and legislation are changing the way U.S. utilities generate electricity. First, there was the Clean Power Plan (CPP), which was passed by the Environmental Protection Agency (EPA) in 2015. This was replaced in 2019 by the EPA’s […]

April 21, 2023

Ocean Winds has secured £2bn of non-recourse project finance and reached financial close on its 882MW Moray West offshore wind farm off north-east Scotland. The project has been supported to reach this stage by its primary sponsor Ocean Winds, a […]

April 18, 2023

Abu Dhabi, United Arab Emirates, 18 April 2023 – G7 leaders expressed concern over global renewable power deployment rates, citing the latest findings from IRENA’s World Energy Transitions Outlook Preview 2023. The report warns that there is a need for […]

April 6, 2023

Finland will launch five competitive tendering processes for more than 6GW of offshore wind power along its western coast. Zoning initiatives for the first five have been initiated by Metsähallitus, responsible for managing and developing state-owned areas within the territorial […]

April 5, 2023

The European Bank for Reconstruction and Development (EBRD) has secured a senior loan of up to US$100m to Egypt’s Red Sea Wind Energy to fund the development, construction and operation of a new 500MW onshore wind farm. Egypt’s third private […]

April 4, 2023

President Joe Biden’s administration is making $450 million available for solar farms and other clean energy projects at the site of current or former coal mines, part of his efforts to combat climate change. As many as five projects nationwide […]

April 4, 2023

The UK Infrastructure Bank plans to invest up to £265 million (US$331.45 million) in energy storage development in the UK, in partnership with British Gas owner Centrica Plc. In a statement, Centrica said: “The Bank will invest £75 million on […]

March 22, 2023

Japan’s largest power generation group is moving into renewable energy in a big way, agreeing to a deal to buy Belgium’s biggest player in offshore wind. JERA, a joint venture between Tokyo Electric Power Company Holdings (TEPCO) and Chubu Electric […]

March 21, 2023

According to the Solar Energy Industries Association (SEIA), the United States solar industry continues to set records. SEIA predicted that the country’s total installed solar capacity would more than quadruple by 2030, with annual installations reaching 45 GW. This growth […]

March 15, 2023

Scale Microgrid Solutions has decided to try its hand at community solar development and ownership. The company, perhaps better known for its customized microgrid projects, is acquiring 100 MW of community solar projects in late-stage development in New York from […]

March 13, 2023

GE is supplying 71 of its 2.8-127 wind turbines for the 200 MW Sweetland Wind Project in Hand County, North Dakota. Sweetland is owned and will be operated by Scout Clean Energy, a Colorado-based company. Sweetland is expected to produce […]

March 9, 2023

However, despite being up 19% from 2021 investment levels and 50% from before the pandemic in 2019, more still is needed to meet a 1.5°C goal by 2050. The report Global Landscape of Renewable Energy Finance 2023 is a joint […]

March 2, 2023

It’s in my back yard–IIMBY. The acronym could apply to large-scale solar photovoltaic projects and their potential impact on local economic factors, including home sale prices. In general, the effects of IIMBY have not been widely studied. But new work […]

February 27, 2023

CleanCapital, a distributed energy investor and developer, has acquired a 35 MW solar portfolio in New Jersey. The projects, each of which entered service in 2019, serve various commercial and industrial off-takers including Six Flags theme park, a manufacturing facility, […]

February 13, 2023

The 288MWh VS1 project is claimed to be Australia’s first commercial CSP plant and will begin operations in the latter part of 2025. The plant will make use of Vast Solar’s modular CSP technology. The solar company aims to demonstrate […]