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Renewable Energy Magazine
Renewable Energy Magazine, at the heart of clean energy journalism
Updated: 3 hours 54 min ago
Mercom Capital Reports Solar Companies Raise $34.3 Billion in Corporate Funding in 2023
Mercom Capital Group, a global clean energy communications and consulting firm, released its annual report on funding and merger and acquisition activity for the solar sector in 2023. Total corporate funding, including venture capital funding, public market, and debt financing into the solar sector, increased 42% year-over-year in 2023, with $34.3 billion raised in 160 deals, compared to $24.1 billion in 175 deals in 2022. This was the largest amount raised in over a decade.
Categories: J1. Green Tech Industry & Utilities
Blink and McArthurGlen Team up to Provide EV Chargers at Famous Dutch Designer Outlets
Blink Charging, an EV-charging provider, is teaming up with McArthurGlen – an owner, developer and manager of designer outlets – to provide visitors to the Netherlands-based designer outlet centers, Roermond and Roosendaal, with state-of-the-art EV charging as they shop. The two designer outlet communities in the South of the Netherlands attract millions of visitors annually.
Categories: J1. Green Tech Industry & Utilities
Endiprev Support's US’s Nation-Leading Vineyard Wind Project
Endiprev is strengthening its international profile after becoming the lead engineering services provider for the ground-breaking Vineyard Wind Project - th first utility-scale offshore wind energy project in the US.
Categories: J1. Green Tech Industry & Utilities
European Parliament overwhelmingly endorses a call for an EU geothermal strategy
The European Parliament’s Plenary has voted on a resolution, led by Professor Krasnodębski MEP from the European Conservatives & Reformist Group (ECR), to support a European geothermal energy strategy.
Categories: J1. Green Tech Industry & Utilities
ESS continues to accelerate global deployment of iron flow battery technology
Manufacturer of long-duration energy storage systems for commercial and utility-scale applications, ESS Tech, has expanded its deployment footprint in California, commissioned a new project in Missouri and is advancing its energy centre product line.
Categories: J1. Green Tech Industry & Utilities
BLM analysis aims to optimise solar energy development throughout the West
The US Department of the Interior has announced an updated roadmap for solar energy development across the West, designed to expand solar energy production in more Western states and make renewable energy siting and permitting on America’s public lands more efficient.
Categories: J1. Green Tech Industry & Utilities
US solar capacity additions in November set a new monthly record finds Sun Day Campaign
A review by the Sun Day Campaign, which monitors data released by the US Federal Energy Regulatory Commission (FERC), reveals that US solar significantly outpaced all other energy sources in US generating capacity added in November as well as during the first eleven months of 2023.
Categories: J1. Green Tech Industry & Utilities
Dogger Bank Wind Farm Powers Ahead With Support From NOF
Suppliers to the renewable energy sector have been able to strengthen their engagement with Dogger Bank Wind Farm – and discover new opportunities – thanks to NOF, the UK business development membership organization for the energy sector.
Categories: J1. Green Tech Industry & Utilities
Renewi's Green Gas Makes Vattenfall's Gas Mix More Sustainable
Vattenfall and Renewi, a leading waste-to-product company, have started a sustainable new partnership. Vattenfall will purchase more than 7.5 million m3 of green gas annually from Renewi. The green gas made from food waste is added to the regular Dutch gas network, where it mixes with the natural gas and thus makes the gas mix more sustainable.
Categories: J1. Green Tech Industry & Utilities
Bunker One and Color Line Collaborate on Switch to Biofuel
For almost one month, Bunker One has supplied B100 biofuel to Color Line’s SuperSpeed 1 and 2 ferries travelling between Hirtshals in Denmark and Larvik and Kristiansand in Norway. With this switch to biofuel, Color Line’s two passenger ferries have reduced CO2 emissions by approximately 85% on average on the biofuel quantities used.
Categories: J1. Green Tech Industry & Utilities
Innovations for a more connected world: An interview with Matthias Feulner and Neal Kondel of NXP
NXP Semiconductors will be displaying its latest innovations across the automotive, smart/autonomous home and IoT segments at CES 2024 in LA (9th to 12th January).
REM talked to Matthias Feulner, Senior Director ADAS (for automotive answers) and Neal Kondel, Director, Product Marketing for Smart Home, Wireless Connectivity Solutions (for smart home responses).
Categories: J1. Green Tech Industry & Utilities
DLA Piper pioneers faster, more collaborative renewable energy due diligence with LiveDiligence
Traditional due diligence often relies on time-intensive reporting processes that are not always the most efficient means for communicating critical legal and regulatory information, thereby slowing down the project financing timeline.
Categories: J1. Green Tech Industry & Utilities
DNV launches JIP to identify barriers to the use of HVDC in the US grid
Independent energy expert and assurance provider DNV has launched a Joint Industry Project (JIP) with ten offshore wind and transmission developers to identify changes to electrical standards and standardisation that are needed to enable the connection of High Voltage Direct Current (HVDC) transmission into the US electric grid.
Categories: J1. Green Tech Industry & Utilities
Equipmake doubles its fleet repowering agreement with Big Bus Tours
Equipmake, the UK-based engineering specialist pioneering the development and production of electrification products across the automotive, aerospace, bus, and coach industries, has doubled its fleet repowering agreement with Big Bus Tours.
Categories: J1. Green Tech Industry & Utilities
Southern Alliance for Clean Energy Congratulates EPA Clean School Bus 2023 Grant winners in SE USA
The US Environmental Protection Agency (EPA) has announced the winners of the $965 million Clean School Bus Program 2023 Grants in the Southeast region of the US, in which 35 school districts were among 280 nationally that have received grant funding to replace ageing diesel buses with cleaner alternatives.
Categories: J1. Green Tech Industry & Utilities
SolaX Power Successfully Executes its Initial Public Offering
On January 3, 2024, SolaX Power announced the successful culmination of its Initial Public Offering (IPO) and subsequent listing on the Shanghai Stock Exchange STAR Market. This notable accomplishment marks a pivotal milestone in the company's decade-long trajectory.
Categories: J1. Green Tech Industry & Utilities
Long Duration Energy Storage Could Cut Cost of GB Power System by up to £24 Billion
New analysis by LCP Delta and published within the consultation on 'Designing a policy framework to enable investment in long duration electricity storage' from the Department for Energy Security and Net Zero, shows that long duration energy storage (LDES) can play a significant role in the future GB power system, as well as delivering cost savings.
Categories: J1. Green Tech Industry & Utilities
Nikola Produces 35 Hydrogen Fuel Cell Electric Trucks For Sale to U.S. And Canada Customers
Nikola Corporation, a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, in 2023 produced 42 and wholesaled 35 Class 8 Nikola hydrogen fuel cell electric vehicles (FCEVs).
Categories: J1. Green Tech Industry & Utilities
US DOE Finalizes Efficiency Standards for Appliances
The U.S. Department of Energy (DOE) has announced two energy-efficiency actions that will save Americans billions of dollars on their utility bills, while significantly cutting energy waste and harmful carbon pollution. The final standards for residential refrigerators and freezers are Congressionally-mandated and reflect a joint recommendation from a wide range of stakeholders, including the Association of Home Appliance Manufacturers, Consumer Federation of America, and energy efficiency advocates. Together, these updated standards are expected to reduce nearly 420 million metric tons of dangerous carbon dioxide emissions cumulatively over 30 years, which is equivalent to the combined annual emissions of nearly 53 million homes.
Categories: J1. Green Tech Industry & Utilities
JA Solar Successfully Completes the Shipment of All N-Type Modules for ACWA Power Solar Project
JA Solar has successfully completed the shipment of all n-type modules for the ACWA Power solar project in Tashkent, Uzbekistan with the arrival of the freight train loaded with its modules. The project agreement was signed between ACWA Power and National Electric Grid of Uzbekistan and Ministry of Investment, Industry and Trade. China Energy Engineering Corporation Limited contracted and constructed the project, and JA Solar supplies all the 240MW PV modules for it.
Categories: J1. Green Tech Industry & Utilities
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