Category: Energy
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Prepare for Three New Climate Disclosure Laws Impacting California
1. California enacted laws that require companies doing business in the state to disclose greenhouse gas emissions and carbon reduction goals. 2. These laws apply to companies with various revenue thresholds and also require disclosure of financial risks from climate change impacts. 3. Compliance deadlines for these laws are set for 2025 and 2026, and…
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Gridstor, an energy storage developer backed by Goldman Sachs, completes its first acquisition in ERCOT project.
1. Gridstor is backed by Goldman Sachs Asset Management and recently acquired the Goleta project in California. 2. Construction on the Evelyn project, a 2-hour duration Li-ion BESS project, is expected to begin this summer in Texas. 3. Gridstor is focusing on entering the ERCOT market in Texas, where the energy-only market has led to…
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Technology Discussion | Shielding the Sun
– Shading the Sun and other forms of geoengineering are being considered to slow global warming – A proposed plan to protect the Thwaites glacier in Antarctica with a curtain is gaining attention – The ‘Cool Earth’ proposal involves placing a shield in space to reduce solar radiation and combat global warming Geoengineering methods, such…
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Renewable Energy Capital and ib vogt finalize storage agreement in Finland
– Renewable Power Capital completed a deal with ib vogt for a 50 MW/50 MWh battery storage project in Finland – RPC will run the procurement and construction processes, expecting completion in 4Q25 – This marks RPC’s first storage project in Finland and is seen as a key growth opportunity in the Finnish market for…
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Xendee and Arizona State University Collaborate to Power Island Communities in Fiji
1. Xendee Corporation partners with Arizona State University on a project to bring electricity access to remote communities in Fiji. 2. Xendee will provide techno-economic and electrical modeling software for the project to optimize mini-grid designs. 3. The project aims to uplift communities in Fiji by promoting economic development, healthcare access, and education opportunities. Xendee…
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Rolls-Royce promotes collaboration between UK and Poland for Small Modular Reactors (SMRs)
1. Industria partners with UK company CVG to accelerate Rolls-Royce’s SMR projects development. 2. Industria plans to produce 50,000 tonnes of low-carbon hydrogen annually in Poland using Rolls-Royce SMR technology. 3. CVG, Industria, and other partners aim to create a net-zero and nuclear technologies campus in Gloucester Science & Technology Park with the help of…
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Panasonic introduces 15.2-kW hybrid inverter to EverVolt series
1. Panasonic unveils EverVolt hybrid inverter for home battery and solar offerings 2. Inverter allows up to 15.2 kW of DC input with three MPPTs, compatible with various brands of solar panels 3. Weatherproof, NEMA-4X-rated, can be installed indoors or outdoors, comes with 12-year warranty for product and labor Panasonic has introduced a new hybrid…
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UK Leaders Argue that Building New Gas-Fired Plants is Necessary for Ensuring Energy Security
1. UK officials plan to build new natural gas-fired power plants post-2030 for energy security and to back up renewable sources like wind and solar. 2. The government is conducting a review to reform the UK’s electricity market, calling for more baseload generation including nuclear power and renewables, along with natural gas. 3. Critics argue…
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Longroad constructs Arizona project using First Solar Series 7 modules and Powin’s Centipede BESS
– Serrano project in Arizona will use First Solar’s Series 7 modules and NEXTracker’s tracking systems – Powin Energy will provide the battery storage system for the project, with SMA and AESC also involved – Long-term power purchase agreement is in place with Arizona Public Service, financed by CIBC and Societe Generale, with Athene Annuity…
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Ofgem unveils new round of SIF funding for Flexibility projects
– Ofgem’s Strategic and Innovation Fund (SIF) has announced £5.8 million to fund feasibility studies for 44 projects related to electricity network utilisation and system flexibility – The projects will focus on whole system planning, novel approaches for a net zero power system, and energy system flexibility – Examples of selected projects include Equiflex, B-Linepack+,…