Category: Energy

1. Arevon Energy, CenterPoint Energy, Bechtel, and participating landowners celebrated the groundbreaking of the 228-MWDC Posey Solar Project in Posey County, Indiana. 2. Posey Solar, a collaboration between Arevon and CenterPoint Energy, is expected to be operational by mid-2025 and will provide clean energy to southwestern Indiana homes and businesses. 3. The project will create…

1. The Waratah Super Battery in New South Wales is the largest battery energy storage system (BESS) under construction, expected to be online by 2025. 2. Powin, a US system integrator and manufacturer, is delivering the BESS equipment for the project and the system is designed to be a “giant shock absorber for the grid.”…

1. Data collection and transparency are crucial for mapping renewable generating capacity across power grids needed for international electricity markets. 2. Interconnected green grids are essential for balancing supply and demand, flattening fluctuations, and ensuring market stability. 3. Smart grid technologies can unlock hidden network capacity, prevent power loss and theft, and lead to smarter,…

– Nordex Group confirms sales growth and 3.3% EBITDA margin in 1Q24 – Strong order intake of 2.1 GW, 29% sales growth year over year – Installation of 227 wind turbines with an aggregate output of 1103 MW in 1Q24, with most capacity in Europe, followed by Latin America and rest of the world The…

1. Deloitte’s new report stresses the urgency of scaling, innovation, and sequencing change for energy transition. 2. Cross-industry collaboration is crucial to reaching net-zero emissions by 2050 at a faster pace than previous major historical transformations. 3. Each year of delay in reducing carbon emissions can result in up to $150 billion in incremental costs,…

1. European TSOs and DSOs have prepared a joint network code on demand response. 2. The code aims to facilitate the integration of demand side flexibility for decarbonization. 3. The code sets requirements for demand response, energy storage, distributed generation, and demand curtailment rules, including aggregation rules, for market integration and efficient functioning of the…

– Stonepeak and CHC have partnered to create a platform focused on developing, constructing, and operating energy storage projects in Japan. – The platform has been awarded a 20-year fixed revenue capacity market contract for four BESS projects as part of Japan’s decarbonisation efforts. – The goal of the platform is to target 1GW of…

1. ABB will acquire Siemens’ Wiring Accessories business in China, broadening its market reach and complementing its regional customer offering within smart buildings. 2. The acquisition includes wiring accessories, smart home systems, smart door locks, and other home automation products under a licensing agreement to continue with the Siemens brand. 3. The deal provides access…

1. FERC issued Order 1920 for long-term planning of the US transmission network. 2. The order requires transmission providers to conduct planning for regional facilities over a 20-year horizon. 3. Specific requirements include identifying long-term needs, updating every five years, and considering grid-enhancing technologies for efficiency and cost-effectiveness. The US Federal Energy Regulatory Commission (FERC)…

– Asahi Kasei opened a new hydrogen plant in Kawasaki, Japan on May 13, 2024, with the start of operation in March 2024. – The company is developing a multi-module 100 MW-class alkaline water electrolysis system for green hydrogen production. – Asahi Kasei plans to start commercial business activities for its alkaline water electrolyzers in…