-
EDP bags €700 million for 1.9GW southern Europe renewables portfolio
by Will Norman on December 20, 2024 at 4:13 pm
EDP has secured €700 million in loans from the European Investment Bank (EIB) to support the development of over 1.9GW of renewable energy capacity […]
-
The coal-to-clean transition is closer than many realise
by JP Casey on December 20, 2024 at 4:05 pm
Renewable energy is now a competitive alternative to fossil fuels, and more than 800 coal plants in smaller economies could be replaced by PV. […]
-
Novonix secures $755M DOE loan for Tennessee synthetic graphite facility
by Joelle Anselmo on December 20, 2024 at 3:00 pm
The company has signed battery material supply deals with Panasonic Energy, Stellantis and PowerCo from an existing facility in Chattanooga. […]
-
FERC should bar transmission owners from planning local transmission over 100-kV: complaint
by Ethan Howland on December 20, 2024 at 2:44 pm
A coalition including Industrial Energy Consumers of America and ratepayer advocates from Maryland, Pennsylvania and West Virginia called for the use of independent transmission planners. […]
-
Texas scraps $1B performance credit mechanism proposal as reliability benefits questioned
by Robert Walton on December 20, 2024 at 2:33 pm
"We’ve spent countless hours evaluating the PCM — up until, literally, my last open meeting,” Commissioner Lori Cobos said Thursday. She announced her retirement in December. […]
-
Ensuring your EPC contracts incorporate the IRA’s prevailing wage and apprenticeship requirements
by Laura Fraher and Mikayla Sciscente on December 20, 2024 at 2:07 pm
The IRA has undeniably presented owners with new and significant opportunities connected to building new clean energy projects, but taking advantage of these opportunities has also presented considerable challenges. […]
-
FERC floats ‘ride-through’ reliability standards for wind, solar, batteries, plus 5 other open meeting takeaways
by Ethan Howland on December 20, 2024 at 1:26 pm
The standards are the first in what is expected to be a suite of NERC rules for inverter-based resources, which can trip offline during grid disturbances. […]
-
Germany revises down price ceilings for PV auctions in 2025
by Jonathan Touriño Jacobo on December 20, 2024 at 10:51 am
Unlike the price ceiling for wind, which has not changed compared to 2024, all three auctions involving solar PV have been revised down to take into account the decrease in the forecast levelised cost of electricity, said the Bundesnetzagentur. […]
-
The world’s highest-altitude solar-plus-storage project secures grid connection
by JP Casey on December 20, 2024 at 9:44 am
The Huadian Tibet Caipeng project, at 5,228 metres above sea level, is the highest-altitude solar project to receive a grid connection. […]
-
Happy holidays: We will be back soon
by Giles Parkinson on December 20, 2024 at 5:12 am
In 2024, Renew Economy's traffic jumped 50 per cent to more than 24 million page views. Now it's time for a break. The post Happy holidays: We will be back soon appeared first on RenewEconomy. […]
-
Solar Insiders Podcast: A roller coaster year in review – and the keys to a smoother 2025
by Sophie Vorrath & Giles Parkinson on December 20, 2024 at 3:33 am
In our final episode for the year, SunWiz's Warwick Johnston on the highs and the lows of 2024 for rooftop PV, home batteries and all those who make the industry tick. Plus the news of the week. The post Solar Insiders Podcast: A roller coaster year in review – and the keys to a smoother 2025 appeared first on RenewEconomy. […]
-
CEFC creates buzz with record investment in poles and wires, as Marinus bill blows out again
by Sophie Vorrath on December 20, 2024 at 3:03 am
CEFC winds up 2024 with record investment in two huge transmission projects, as Marinus reveals the cost for undersea cable has jumped again. The post CEFC creates buzz with record investment in poles and wires, as Marinus bill blows out again appeared first on RenewEconomy. […]
-
Recurrent Energy reaches financial close on 171MW solar-plus-storage site in Victoria, Australia
by George Heynes on December 20, 2024 at 1:53 am
Recurrent Energy, the renewable energy developer arm of solar manufacturer Canadian Solar, has reached financial close on a 171MW solar-plus-storage project in Victoria, Australia. […]
-
How big utilities manipulate the energy market, even with a high share of wind and solar
by Giles Parkinson on December 20, 2024 at 12:12 am
Regulator says big energy players are manipulating prices to their benefit. It's not illegal, but it's putting a sour note on the energy transition and may require changes to market design. The post How big utilities manipulate the energy market, even with a high share of wind and solar appeared first on RenewEconomy. […]
-
“Precipitous:” Builder of Australia’s biggest battery sees big cost falls, compares grid to “pearl necklace”
by Giles Parkinson on December 19, 2024 at 9:19 pm
The builder of Australia's biggest battery project describes the country's long stringy grid as like a pearl necklace, and notes the "precipitous" fall in battery cell costs. The post “Precipitous:” Builder of Australia’s biggest battery sees big cost falls, compares grid to “pearl necklace” appeared first on RenewEconomy. […]