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Report Finds That a Clean Energy Standard Is the ‘Linchpin’ of US Achieving Climate Goals
by info@greentechmedia.com on February 25, 2021 at 5:15 pm
A strong clean energy standard is among the most vital policy steps needed to push the United States toward an entirely decarbonized economy, according to new emissions modeling from clean energy research organization Energy Innovation. The analysis suggests President Joe Biden’s plan to move the country to carbon-free electricity must play a key role in helping the U.S. reach global climate targets to limit global warming to 1.5 degrees […]
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Sungrow to expand Indian inverter production capacity to 10GW
by Edith Hancock on February 25, 2021 at 4:58 pm
Solar inverter supplier Sungrow will grow its manufacturing capacity in India to 10GW this year. […]
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USPS to continue purchasing gas vehicles, despite Biden all-electric pledge
by Robert Walton on February 25, 2021 at 3:27 pm
The postal service says the procurement allows for flexibility, and hinted at the ability to "retrofit" some vehicles. But electric vehicle advocates say "this will lock USPS into an outdated technology for many years." […]
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India’s ReNew Power to list on Nasdaq following US$8bn deal with US SPAC
by Jules Scully on February 25, 2021 at 3:20 pm
Independent power producer ReNew Power has agreed to go public through a merger with RMG Acquisition Corporation II, a US special purpose acquisition company (SPAC), in a deal that values the combined entity at US$8 billion […]
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To catalyze transmission development, end the utility protection racket
by Ari Peskoe on February 25, 2021 at 3:13 pm
Current policies reinforce an anachronistic approach that fails to spur the regional projects needed to decarbonize the power sector and mitigate extreme weather impacts, writes Harvard Electricity Law Initiative's Ari Peskoe. […]
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California's approach to power pricing could discourage electrification, experts fear
by Kavya Balaraman on February 25, 2021 at 2:44 pm
"Effectively, what we’re doing is imposing a very, very regressive tax on electricity consumption in order to pay for many programs and infrastructure," Severin Borenstein, faculty director of the UC Berkeley Haas School of Business' Energy Institute, said. […]
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ERCOT narrowly avoided 'much more devastating' impacts as nearly half of generation went offline: CEO
by Catherine Morehouse on February 25, 2021 at 2:30 pm
At the highest point, about 48.6% of the grid operator's power generation — 52,277 MW out of 107,514 MW in installed capacity — was forced offline due to the extreme weather conditions. […]
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Exelon announces plan to spin off generation assets into second company
by Emma Penrod on February 25, 2021 at 2:28 pm
The split will result in the creation of two "best-in-class" companies free to focus on their own unique strengths, Exelon CEO Chris Crane says. […]
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Sunnova’s sales slump in Q4 but revenue up 22% in 2020
by Mark Osborne on February 25, 2021 at 12:54 pm
US residential solar installer Sunnova reported fourth quarter revenue down 24% from the prior quarter, while posting full-year revenue growth of 22%, year-on-year. […]
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Mexican government called on to reboot energy transition
by Edith Hancock on February 25, 2021 at 12:25 pm
The Global Wind Energy Council (GWEC) and Global Solar Council (GSC) have called on Mexican lawmakers to prevent changes to the country’s Electricity Act, Ley de la Industria Electrica (LIE), which pose what they call “an unequivocal threat" to private investment in clean energy. […]
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EIA: Levelized cost of onshore wind, solar PV dropping below gas-fired and conventional generation by 2026
by Renewable Energy World on February 25, 2021 at 12:22 pm
Within a decade, if not a few years, the levelized cost of electricity is coming way down for new utility-scale onshore wind and solar photovoltaic (PV) projects to levels below all fossil or conventional fuels including combined cycle gas turbine (CCGT) power plants, according to new figures from the U.S. Energy Information Administration. The EIA’s […] The post EIA: Levelized cost of onshore wind, solar PV dropping below gas-fired and conventional generation by 2026 appeared […]
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Grid-enhancing tech could unlock connection queues, doubling renewable capacity – study
by Alice Grundy on February 25, 2021 at 11:51 am
Technologies to help tackle grid congestion could double the volume of solar and wind deployed by 2025, according to a new study. […]
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Soltec posts 2020 loss due to project delays but pipeline hits new high
by Jules Scully on February 25, 2021 at 11:43 am
Soltec recorded a €4.9 million (US$6 million) loss last year as the coronavirus pandemic caused projects delays and an increase in costs for the Spanish solar tracker manufacturer. […]
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Xcel celebrates milestone as utility is now halfway to 100% carbon free electricity
by Renewable Energy World on February 25, 2021 at 11:15 am
For the second year in a row, Xcel Energy has hit a significant milestone in its quest to deliver 100% carbon-free electricity to customers by 2050. Xcel reported that it broke its own record for a single-year drop in emissions in 2020, cutting carbon emissions company-wide by approximately six million tons, a 12% reduction over […] The post Xcel celebrates milestone as utility is now halfway to 100% carbon free electricity appeared first on Renewable Energy World. […]
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Coal giant AGL again tops list of Australia’s biggest emitters
by Michael Mazengarb on February 25, 2021 at 4:54 am
Coal generators and oil and gas producers dominate latest list of Australia's largest emitters. The post Coal giant AGL again tops list of Australia’s biggest emitters appeared first on RenewEconomy. […]