If you believe that lithium-ion batteries and pumped hydro are the only viable energy-storage options and that long-duration storage technologies are a long way from commercial reality, think again.For instance, UK start-up Highview Power, a pioneer in liquid-air energy storage, which has begun construction of two 50MW commercial projects in the US (400MWh) and the
Analysis and research firm IHS Markit has predicted that over 10GW of new energy storage will be deployed during this year, with around half of those additions in the US market. The company said in a new report that this would be more than double the 4.5GW of global capacity additions in 2020. Meanwhile the
President Joe Biden and his team have been in office for just over two months, and they’ve been busy, especially in terms of renewable energy and climate legislation and commitments. PV Magazine takes a look at the highlights on the energy and climate fronts in the first few months of President Biden's administration.
Greenbacker Renewable Energy Co. (GREC), a company that acquires and manages renewable energy and energy efficiency projects, says Rawhide Prairie Solar, a 22 MW project in Colorado, has achieved commercial operation. GREC is managed by Greenbacker Capital Management, a national investment firm in the sustainable infrastructure sector.
Agilitas Energy has begun construction on a third project developed under the Solar Massachusetts Renewable Target (SMART) program. The project is a 10 MW community solar and energy storage project in Warren, about an hour west of Boston. Under rules of the SMART program, any project with a capacity greater than 500 kW must also
Egyptian authorities may seek over $1 billion in damages for helping to clear the Ever Given from the Suez Canal, as a dilemma emerges over who might foot the bill.
The world's foremost economic superpowers are turning their attention to climate change as the next path to commercial supremacy.
The ongoing coronavirus crisis continues to cloud the outlook, and analysts expect this to reaffirm Saudi Arabia's caution about the global economic recovery.
Company claims plans would result in "one of the world's largest renewable hydrogen plants to be linked to industrial demand."
Wilmington Trust's Meghan Shue expects growth stocks, including Big Tech, to hit more turbulence over the next three months.