Renewable Energy

Source: Houston Chronicle

iPod inventor, Nest founder Tony Fadell backs first battery startup

Houston Chronicle


iPod pioneer Tony Fadell is backing a battery company that says it’s found a way to store more energy using silicon scrap waste.

Fadell’s investment firm, Future Shape, is among the contributors to Advano’s $18.5 million Series A …

January 28, 2020 - 1:30 pm Energy News, Renewable Energy, Sustainability
Source: CNBC

Oil major pledges to become carbon neutral by 2030, drawing sharp criticism from climate activists

CNBC


Sweden’s oil major Lundin Petroleum has pledged to become carbon neutral by the end of the decade, announcing plans to replace “Petroleum” with “Energy” in its name.

The company, which is one of Europe’s largest independent oil producers, said

Duke Energy, the nation's largest electric utility, unveils its new logo. (PRNewsFoto/Duke Energy) (PRNewsfoto/Duke Energy)

Duke Energy Florida announces 2 new solar power plants, 2 others completed

Duke Energy Florida announces 2 new solar power plants, 2 others completed

Source: Houston Chronicle

Wind power could be dominant offshore energy focus within 5 years

Houston Chronicle


The United States will likely spend more money developing offshore wind capacity than offshore oil and gas within the next five years, according to a new study.

Installed offshore wind capacity off the coast of the United States …

EIA projects less than a quarter of the world’s electricity generated from coal by 2050

EIA projects less than a quarter of the world’s electricity generated from coal by 2050

EIA


By 2050, coal-fired generation comprises only 5% of the region’s generation mix.

EIA World net electricity by fuel, IEO 2019 Reference case - oilandgas360

According to the U.S. Energy Information Administration’s (EIA) International Energy Outlook 2019 (IEO2019), global electric power generation from renewable sources will increase more than 20% throughout the …

APS Sets Course for 100 Percent Clean Energy Future

APS Sets Course for 100 Percent Clean Energy Future

APS Sets Course for 100 Percent Clean Energy Future

Largest CCA Renewable Project Comes Online

Largest CCA Renewable Project Comes Online

Largest CCA Renewable Project Comes Online

Commercial operations achieved at two new Wheelabrator Technologies waste-to-energy facilities in U.K.

Commercial operations achieved at two new Wheelabrator Technologies waste-to-energy facilities in U.K.

January 21, 2020 - 9:40 am Press Releases, Renewable Energy
Saudi Arabia joins club of Middle East’s ‘green energy’ leaders

Saudi Arabia joins club of Middle East’s ‘green energy’ leaders

Arab News


 

Key Points: Government plans to invest up to $50bn in renewable energy projects by 2023 – Demand for electricity in the Kingdom is forecast to rise by up to 120 GW by 2030

Saudi Arabia joins club of Middle East’s ‘green energy’ leaders - oilangas360

ABU DHABI: Saudi Arabia …

EIA expects U.S. energy-related CO2 emissions to decrease annually through 2021

EIA expects U.S. energy-related CO2 emissions to decrease annually through 2021

EIA


Coal-fired generation alone has fallen from 28% in 2018 to 24% in 2019 and will fall further to 21% in 2020 and 2021. The natural gas-fired generation share rises from 37% in 2019 to 38% in 2020, but it

Source: CNBC

Bank of England’s Carney named as Boris Johnson advisor for climate change summit

CNBC


Mark Carney, the outgoing governor of the Bank of England, has been named as the U.K. Prime Minister Boris Johnson’s finance advisor for this year’s COP26 climate change conference in Scotland.

In an announcement Thursday, the Bank of England …

How corporations big and small are betting on renewable solutions to combat climate change

How corporations big and small are betting on renewable solutions to combat climate change

How corporations big and small are betting on renewable solutions to combat climate change

EIA forecasts slower growth in natural gas-fired generation while renewable energy rises

EIA forecasts slower growth in natural gas-fired generation while renewable energy rises

EIA


This increase in renewables, along with forecast increases in natural gas fuel costs, contributes to EIA’s forecast of a 2.3% decline in natural gas-fired generation in 2021. U.S. coal generation in 2021 is forecast to fall by 3.2%.

EIA forecasts slower growth in natural gas-fired generation while renewable energy rises - oilandgas360

In …

Source: Reuters

Germany adds brown coal to energy exit under landmark deal

Reuters


BERLIN – Germany is set to become the first country to drop both nuclear and coal power under a landmark agreement to compensate workers, companies and regional governments as it switches off brown coal-fired plants by 2038.

The government …

Source: CNBC

Citi explains why there’s an ‘ultimate cap’ on oil prices

CNBC


The cost of producing electricity from solar energy has in the last two years been lower than that of fossil fuels — and that “permanent change” will limit how high oil prices can climb, according to Citi.

That shift is …

Source: CNBC

US has only one offshore wind energy farm, but a $70 billion market is on the way

CNBC


Just three years ago five giant wind turbines in the waters off Block Island, Rhode Island, started spinning 30 MW of electricity to that tiny community of about a thousand residents. While it remains the only offshore wind farm

January 16, 2020 - 11:06 am Energy News, Renewable Energy
Source: CNBC

EU wants to spend $1 trillion to help make it climate neutral by 2050

CNBC


The EU aims to use 1 trillion euros (around $1.11 trillion) for “sustainable investments” across the coming decade.

Brussels released details of its “European Green Deal” back in December, describing it as a “roadmap” to make the bloc’s economy

Duke Energy Renewables acquires 20 MWac of solar projects in Georgia

Duke Energy Renewables acquires 20 MWac of solar projects in Georgia

January 15, 2020 - 11:53 am Power Generation, Press Releases, Renewable Energy
Where Sanders, Warren, Buttigieg and the leading 2020 Democrats stand on climate change

Where Sanders, Warren, Buttigieg and the leading 2020 Democrats stand on climate change

Where Sanders, Warren, Buttigieg and the leading 2020 Democrats stand on climate change

New electric generating capacity in 2020 will come primarily from wind and solar

New electric generating capacity in 2020 will come primarily from wind and solar

EIA


EIA expects 42 gigawatts (GW) of new capacity additions to start commercial operation in 2020. Solar and wind represent almost 32 GW, or 76%, of these additions.

New electric generating capacity in 2020 will come primarily from wind and solar - fig 1 -oilandgas360

According to the U.S. Energy Information Administration’s (EIA) latest inventory of electric

Source: apnews.com

Climate is changing. Investing needs to, too, says BlackRock

AP News


NEW YORK — A changing climate means dramatic risks for the world — and for investments too, the chief of the world’s largest investment manager said Tuesday.

To prepare for and protect against those risks, BlackRock CEO Laurence …

January 14, 2020 - 2:30 pm Closing Bell Story‎, Energy News, ESG, Renewable Energy
Source: CNBC

An offshore wind farm using huge turbines has started to send electricity to the Belgian grid

CNBC


The first turbine at the Northwester 2 offshore wind farm in the North Sea has started sending electricity to the Belgian grid.

Construction on the 219 megawatt (MW) project is still ongoing, although it is slated to be fully

January 14, 2020 - 1:00 pm Closing Bell Story‎, Energy News, Renewable Energy
Source: Houston Chronicle

Texas oil & gas industry breaks tax records while grappling with climate change

Houston Chronicle


The oil & gas industry broke state tax records in 2019 while grappling with ways to control emissions that are believed to be responsible for climate change.

In a report issued on Tuesday morning, the Texas Oil & …

January 14, 2020 - 12:00 pm Closing Bell Story‎, Energy News, Renewable Energy
Notice Regarding Acquisition of Shares in Overseas Stock Market

Notice Regarding Acquisition of Shares in Overseas Stock Market

Notice Regarding Acquisition of Shares in Overseas Stock Market

January 10, 2020 - 2:17 am Canada News, Finance, International, Press Releases, Renewable Energy
Source: Houston Chronicle

Private equity, venture capital putting money into solar development

Houston Chronicle


Corporate funding into the solar energy industry topped $11.7 billion last year, a 20 percent increase compared to the $9.7 billion raised in 2018.

Funding included venture capital, private equity, debt financing and public market financing, according to …

January 9, 2020 - 2:30 pm Energy News, Renewable Energy

Algonquin Power: Steady Utility With Strong Renewable Exposure

Algonquin Power: Steady Utility With Strong Renewable Exposure

January 9, 2020 - 1:59 pm Press Releases, Renewable Energy

CleanSpark Announces Execution of a Memorandum of Understanding with Shoreline Unified School District to Establish Grid Resiliency

CleanSpark Announces Execution of a Memorandum of Understanding with Shoreline Unified School District to Establish Grid Resiliency

January 9, 2020 - 9:00 am Power Generation, Press Releases, Renewable Energy
Source: CNBC

Huge offshore wind project near Virginia selects turbine supplier

CNBC


Siemens Gamesa Renewable Energy (SGRE) has been chosen as the preferred turbine supplier for the 2.64 gigawatt (GW) Dominion Energy Virginia Offshore Wind project.

The site of the project is 27 miles off the coast of Virginia and covers …

January 8, 2020 - 3:00 pm Closing Bell Story‎, Energy News, Renewable Energy
Duke Energy, the nation's largest electric utility, unveils its new logo. (PRNewsFoto/Duke Energy) (PRNewsfoto/Duke Energy)

Smithfield Foods Generates Renewable Natural Gas from Wastewater to Power North Carolina Communities

Smithfield Foods Generates Renewable Natural Gas from Wastewater to Power North Carolina Communities

January 8, 2020 - 8:30 am Press Releases, Renewable Energy
Enhanced Capital closes financing for 10.25 MWdc solar energy portfolio with Green Street Power Partners

Enhanced Capital closes financing for 10.25 MWdc solar energy portfolio with Green Street Power Partners

Enhanced Capital closes financing for 10.25 MWdc solar energy portfolio with Green Street Power Partners

January 8, 2020 - 8:00 am Press Releases, Private Equity, Renewable Energy