Category: Energy
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FirstEnergy sells a 30% share in transmission subsidiary for $3.5 billion
– FirstEnergy completes sale of 30% ownership interest in FET to Brookfield for $3.5 billion – $2.3 billion received at closing, remaining $1.2 billion in notes to be paid off by end of 2024 – Proceeds to be used to support $26 billion Energize365 grid investment program FirstEnergy has completed the sale of an additional…
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Recurrent Energy purchases a portfolio from Spain
– Recurrent Energy, a subsidiary of Canadian Solar Inc., has acquired a solar PV portfolio in southern Spain with a capacity of over 420 MWp. – The portfolio consists of four projects in Carmona, Seville, using Canadian Solar’s TopBiHiKu7 N-type bifacial TOPCon technology modules. – Once completed, the Rey portfolio is expected to produce around…
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Detecting Illnesses Using Satellite Technology – CleanTechnica
1. Sign up for daily news updates from CleanTechnica or follow on Google News 2. ORNL’s Assaf Anyamba uses satellite images to predict disease outbreaks during extreme weather events 3. Anyamba’s research focuses on understanding the relationship between weather patterns, disease outbreaks, and human security. Assaf Anyamba, a distinguished R&D staff member at Oak Ridge…
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The Impact of Bulk-Buying Solar Panels on Lifetime Project Value
1. The global renewable energy transition is crucial for combating climate change, making the speed and profitability of solar projects essential for sustainable energy infrastructure growth. 2. Traditional approaches to solar module procurement are slow and outdated, often leading to reduced profits and missed technology opportunities in the dynamic market. 3. Data-driven, per-project procurement is…
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Approaching the Smart Grid: A Strategic Perspective
1. Electricity North West is a leading network operator in Great Britain. 2. They are implementing a two platform approach to increase participation in flexibility markets. 3. The goal is to maximize routes for providers to participate in these markets. Electricity North West, a network operator in Great Britain, is introducing a new strategy to…
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Roadmap for the Next Generation of Geothermal Power Unveiled by U.S. Department of Energy
– DOE releases report on potential of next-generation geothermal power to transform US energy landscape – Report shows potential for geothermal energy production to increase by 20x by 2050 – Next-generation geothermal technology could create thousands of jobs and support the Biden-Harris Administration’s clean energy goals The US Department of Energy recently released the “Pathways…
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Tesla’s Focus on Supercharger Network Appears to Extend to National Park Access
1. Tesla is working to improve access to national parks by adding Supercharger stations. 2. Recent additions include stations in Texas, Nevada, Utah, New Mexico, Wyoming, and Oregon. 3. Tesla’s focus on expanding charging infrastructure in rural and remote areas is important for increasing EV adoption. Tesla is strategically expanding its Supercharger network to improve…
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Heliene Becomes First Domestic Manufacturer to Utilize American-Made Silicon Solar Panels
1. Heliene, a Minnesota-based solar panel manufacturer, will purchase $400 million worth of silicon solar cells from Suniva over the next three years. 2. Suniva plans to restart solar cell manufacturing at its Georgia factory within the next few months, with an expected annual production capacity of 1GW. 3. Heliene and Suniva have received investments…
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Is Europe’s bid in the race to net zero reliant on the power grid?
1. Europe is at risk of losing its first-mover advantage in the energy transition due to competition from the US. 2. Grid orchestration and flexibility may be key for Europe to maintain its competitiveness. 3. Regulation, investment incentives, and tech advancements are factors influencing the energy sector’s competitive landscape in Europe and the US. Europe…
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Nordex Group Secures Contract to Install Turbines at South African Wind Farm
– The Nordex Group has obtained an order to supply and install 57 N163/5.X turbines in South Africa – The order includes a service contract for maintenance of the turbines – The wind farms are located in the Eastern Cape Province with very good wind conditions, and the first turbine installation is scheduled for 2H24…