Category: Energy

1. The 25MW/100MWh gravity energy storage system in Rudong, China has passed commissioning by customer China Tianying and will begin commercial operations once final approvals are granted. 2. Energy Vault’s licensing agreement with China Tianying has been extended to 15 years, and the company is launching multiple projects in China using its EVx gravity energy…

– DOE released a list of 10 potential National Interest Electric Transmission Corridors to accelerate transmission projects – Minimum eligibility criteria for direct loans under the Transmission Facility Financing program were announced – The TFF program can finance billions of dollars of transmission projects in designated NIETCs, with public input sought on the list and…

– Energy Vault Holdings, Inc. and ACEN Australia have announced agreements for two battery energy storage system deployments totaling 400 MWh in Australia. – The deployments will be at ACEN Australia’s New England Solar project, with construction starting in 2H24 and commercial operations expected in 2025 and 2026. – Energy Vault will deploy a 50…

1. Americans burn much less fossil fuel in their homes and use more electricity compared to 50 years ago, leading to a trend of electrification. 2. The use of electric appliances has increased in homes, leading to a decrease in natural gas usage and a decline in the use of propane and fuel oil. 3.…

– Calpine, a US power producer valued at $30bn, may be sold by its private equity owners – Potential exit options include a sale, IPO, or divesting a stake in the company – Calpine operates 76 power plants with a combined generation capacity of 26GW across the US, Canada, and Mexico, selling electricity at market…

1. CPUC approved $24 monthly fixed charge on residential consumers from PG&E, SCE and SDG&E 2. The fixed charge re-arranges overall electricity costs, benefiting high energy users and increasing bills for low energy users 3. The fixed charge is said to accelerate California’s clean energy transition, but critics argue it may discourage electrification and hurt…

1. Barbados is targeting 100% renewable energy by 2030 and has approved the CETR mechanism to recover costs for clean energy investments. 2. BLPC has applied for preapproval of investments and cost recovery for various clean energy projects, including BESS, AGC systems, and DERs aggregation and control platform. 3. The regulator, the FTC, has only…

1. Blackouts are becoming more common due to climate change-related extreme weather events. 2. Backup power systems with automatic start, redundancy, scalability, and remote monitoring capabilities are essential for healthcare and critical service facilities during power outages. 3. Incentive programs such as the Self-Generation Incentive Program (SGIP) can help defray the cost of battery backup…

– RWE is expanding its solar portfolio with a new 20 MWp PV plant in Bedburg, Germany – The new plant will generate enough electricity for around 5400 households – RWE plans to invest around €11 billion in green generation capacity in Germany by 2030 RWE is expanding its solar portfolio by building a new…

– Sign up for daily news updates from CleanTechnica on email or follow on Google News – Tesla, Inc. 2024 Annual Meeting scheduled for June 13, 2024 – Elon Musk’s influence as Tesla’s largest shareholder may impact voting decisions for shareholders voting on various Tesla issues. CleanTechnica offers daily news updates via email or Google…