Category: Energy

– Power grids in cities are being strained by increased cooling demand and other climate change impacts, according to the IEA. – The demand for cooling is projected to double by 2030 and then again by 2050, with most of it in urban areas. – Cities account for three-quarters of global energy consumption and need…

– EIA expects electricity generation to grow by about 3% in 2024 and 1% in 2025, with renewable energy sources, primarily solar, supplying most of that growth. – Solar, wind, and hydropower combined are expected to account for 22% of total US generation in 2024, increasing to 24% in 2025. – EIA forecasts that solar…

1. Intuit and REI support the completion of a 2.8 MWDC solar project in White Pine, TN 2. The project aims to modernize the electric grid in rural East Tennessee, provide renewable energy for local schools, and offer educational opportunities for students 3. Clearloop, a Silicon Ranch company, is involved in developing the solar project…

– Iberdrola is leading the i-DS project to improve value extraction from data for power grids – The project aims to apply AI to enhance data value extraction and improve distribution network service – Collaboration with BCAM focuses on demand forecasting in the LV network and is part of the larger IA4TES project aimed at…

– VARD shipbuilding group contracted TMC Compressors for a complete marine compressed air system for a new cable laying vessel – TMC will deliver control and service air compressors to the vessel, manufactured in the Nordic region – This is the third cable laying vessel Prysmian has contracted from VARD, with TMC supplying the marine…

– Ørsted and Edison Chouest Offshore celebrated the completion of the first American-built, owned, and crewed offshore wind service operations vessel (SOV) – The ECO EDISON, christened in Louisiana, will serve as a floating homebase for offshore wind turbine technicians working on Ørsted’s wind farms – The vessel was built by over 600 workers across…

– Energy Vault secured contracts from ACEN Australia for two large-scale BESS projects totaling 200MW/400MWh to support the New England solar project in Australia. – Construction of the BESS projects will begin in H2 2024, with commercial operations expected to start between 2025 and 2026. – The BESS units will store and dispatch renewable energy…

– Leep Utilities partners with Kraken platform to enhance product and customer service offering – Adoption of Kraken platform aims to improve water efficiency, accelerate smart meter rollout, and reduce leaks – Implementation of Kraken will streamline processes, simplify payment methods, and improve customer service for Leep Utilities’ customers British water company Leep Utilities has…

1. Matrix Renewables secured €300 million in corporate debt financing from Santander CIB for growth and development in existing markets. 2. The financing is green and sustainability-linked, aligning with Matrix’s ESG practices and goal of accelerating clean energy deployment. 3. Matrix Renewables’ advanced development portfolio of 2.5 GW out of 14 GW total will benefit…

1. The Biden administration is expected to increase import tariffs on electric cars made in China from 25% to 100%, potentially impacting the European Union as well. 2. Concerns about Chinese electric cars flooding the US market and harming American auto manufacturing industry have driven the administration’s policies. 3. There is a complex economic situation…