Renewable energy economy

India Utility wins IGSF Gold Innovation Award for Rooftop Solar Workflow Automation

Retrieved on: 
Friday, March 5, 2021
Energy, Articles, Energy storage, Photovoltaics, Net metering, Pricing, Renewable energy economy, Renewable energy policy, Rooftop photovoltaic power station, Solar power, Reliance Infrastructure

NEW DELHI, March 5, 2021 /PRNewswire/ -- The India Smart Grid Forum (IGSF) presented the prestigious Gold Innovation award to BSES Rajdhani Power Limited, for automation of rooftop solar workflow in their territory.

Key Points: 
  • NEW DELHI, March 5, 2021 /PRNewswire/ -- The India Smart Grid Forum (IGSF) presented the prestigious Gold Innovation award to BSES Rajdhani Power Limited, for automation of rooftop solar workflow in their territory.
  • The Enact platform helps the BRPL distributed energy team to manage customer onboarding, solar project approval and processing of solar net metering approvals, working closely with BRPL-approved solar installers across New Delhi.
  • Rooftop solar generation by consumers in the Capital of India has crossed 100MW now, with over 3,000 net metering connections, and rapid growth projected ahead.
  • According to Delhi Solar policy, the solar power generation potential is estimated to be around 2,500 MWp.

Missourian Awarded Electric Vehicle as Part of POWERHOME SOLAR'S 'PWR YOUR LIFE' Sweepstakes

Retrieved on: 
Tuesday, March 2, 2021
Photovoltaics, Renewable energy, Renewable energy economy, Renewable energy policy, Energy, Solar architecture, Solar tree, Outline of solar energy

The company awarded the first car to a Michigan resident in January, who was not a POWERHOME SOLAR customer, and it will award a final car from a new pool of eligible entrants in March.

Key Points: 
  • The company awarded the first car to a Michigan resident in January, who was not a POWERHOME SOLAR customer, and it will award a final car from a new pool of eligible entrants in March.
  • Following Cochran's POWERHOME SOLAR consultation, he became a customer, so this win comes as an added surprise, especially since he is accustomed to giving, not receiving.
  • "Giving away these electric vehicles is our way of saying thanks to prospective customers as we help educate them on the benefits of solar.
  • POWERHOME SOLAR is an energy efficiency company that provides high-quality American-made solar panels as part of a complete energy-savings package for residential customers.

Atlantica Announces the Acquisition of a 135 MW Renewable Energy Plant in California

Retrieved on: 
Monday, March 1, 2021
Articles, Energy, Resource economics, Renewable energy economy, Bright green environmentalism, Low-carbon economy, Renewable energy, Renewable energy technology, Technological change

As the third largest geothermal power plant in the United States, Coso plays a critical role in supporting Californias decarbonization efforts.

Key Points: 
  • As the third largest geothermal power plant in the United States, Coso plays a critical role in supporting Californias decarbonization efforts.
  • Atlanticas investment is expected to be approximately US $170 million1 and to close in the first half of 2021, subject to customary conditions and regulatory approvals.
  • The asset provides base-load, non-intermittent, renewable energy to the California ISO and has PPAs signed with three investment grade offtakers, with 19 years average contract length.
  • Atlantica is a sustainable infrastructure company that owns a diversified portfolio of contracted renewable energy, storage, efficient natural gas, electric transmission and water assets in North & South America, and certain markets in EMEA (www.atlantica.com).

Electric Charging Station Development Program Accelerates With Motorcar Parts of America’s D&V Electronics Emulator

Retrieved on: 
Thursday, February 25, 2021
Technology, Alternative Vehicles, Fuels, Aftermarket, Automotive, Automotive Manufacturing, Manufacturing, Alternative energy, Energy, Hardware, Energy, Electric vehicles, Articles, Alternative energy, Energy storage, Renewable energy economy, Sustainable energy, Vehicle-to-grid, Inductive charging, Charging, Electric vehicle

The charger is expected to have up to 400kW capacity to provide an approximately 180-mile range for electric vehicles with less than ten minutes of charging time.

Key Points: 
  • The charger is expected to have up to 400kW capacity to provide an approximately 180-mile range for electric vehicles with less than ten minutes of charging time.
  • The bi-directional battery emulator plays a key role in the development of this extreme charging system by allowing engineers to test multiple input voltages and varying loads along with simulating vehicle-to-grid scenarios.
  • This project highlights the critical role of diagnostic and testing equipment in the development of innovative electric vehicle technology, components, and systems, and the high regard of D&V Electronics in the industry.
  • We are excited to utilize the battery emulator to test all 400kW charging conditions with 200V-1000V charging voltage ranges that encompass all EVs currently in the market.

Wells Fargo Surpasses $10 Billion in Renewable Energy Tax-Equity Investments

Retrieved on: 
Thursday, February 25, 2021
Finance, Banking, Alternative energy, Energy, Professional services, Articles, Energy, Financial District, San Francisco, Resource economics, Energy economics, Renewable energy economy, Sustainable technologies, Wells Fargo, Renewable energy commercialization, Renewable energy, Environmental finance, Low-carbon economy

Wells Fargo Renewable Energy & Environmental Finance (REEF) today announced it recently surpassed $10 billion in tax-equity investments in the wind, solar, and fuel cell industries.

Key Points: 
  • Wells Fargo Renewable Energy & Environmental Finance (REEF) today announced it recently surpassed $10 billion in tax-equity investments in the wind, solar, and fuel cell industries.
  • View the full release here: https://www.businesswire.com/news/home/20210225005166/en/
    Wells Fargo Renewable Energy & Environmental Finance team recently surpassed $10 billion in tax-equity investments in the wind, solar, and fuel cell sectors.
  • (Photo: Wells Fargo)
    Wells Fargo uses its tax capacity in a meaningful way to invest in projects that contribute to the nations acceleration toward a low-carbon economy, said Philip Hopkins, head of Wells Fargo Renewable Energy & Environmental Finance, a part of Wells Fargo Commercial Capital.
  • Wells Fargo provided approximately $2.4 billion in financing to the renewable energy industry in 2020, representing an increase of $1 billion from 2019.

600 Top Firms Back New Business Network To Help Drive Post-COVID Economic Recovery

Retrieved on: 
Thursday, February 25, 2021
Energy, Resource economics, Banks, Greenhouse gas emissions, Low-carbon economy, Renewable energy economy, HSBC, Carbon neutrality

LONDON, Feb. 24, 2021 /PRNewswire/ -- HSBC, Intel, Arup, and Tesco are among the global businesses backing the launch of a new business network created to help companies, cities, and governments confront emerging global economic and environmental shocks.

Key Points: 
  • LONDON, Feb. 24, 2021 /PRNewswire/ -- HSBC, Intel, Arup, and Tesco are among the global businesses backing the launch of a new business network created to help companies, cities, and governments confront emerging global economic and environmental shocks.
  • The new network brings together disparate industries from finance, to retail, technology, engineering and the built environment to help governments and businesses promote economic recovery and shape post-pandemic stimulus that builds resilience and accelerates global decarbonisation efforts.
  • The spectrum of businesses involved ranges from Perkins & Will (Dar Group) to WSP, NBC Universal International, and Lloyds Register Foundation.
  • The new network will focus on helping create conditions for post-COVID economic recovery and the drive to net-zero emissions, as well as supporting the Roadmap to COP and UN Decade of Action.

600 Top Firms Back New Business Network To Help Drive Post-COVID Economic Recovery

Retrieved on: 
Thursday, February 25, 2021
Energy, Resource economics, Banks, Greenhouse gas emissions, Low-carbon economy, Renewable energy economy, HSBC, Carbon neutrality

LONDON, Feb. 25, 2021 /PRNewswire/ -- HSBC, Intel, Arup, and Tesco are among the global businesses backing the launch of a new business network created to help companies, cities, and governments confront emerging global economic and environmental shocks.

Key Points: 
  • LONDON, Feb. 25, 2021 /PRNewswire/ -- HSBC, Intel, Arup, and Tesco are among the global businesses backing the launch of a new business network created to help companies, cities, and governments confront emerging global economic and environmental shocks.
  • The new network brings together disparate industries from finance, to retail, technology, engineering and the built environment to help governments and businesses promote economic recovery and shape post-pandemic stimulus that builds resilience and accelerates global decarbonisation efforts.
  • The spectrum of businesses involved ranges from Perkins & Will (Dar Group) to WSP, NBC Universal International, and Lloyds Register Foundation.
  • The new network will focus on helping create conditions for post-COVID economic recovery and the drive to net-zero emissions, as well as supporting the Roadmap to COP and UN Decade of Action.

Xcel Energy Announces 2030 Clean Energy Plan to Reduce Carbon Emissions 85%

Retrieved on: 
Wednesday, February 24, 2021
Other Energy, Environment, Utilities, Coal, Alternative energy, Energy, Xcel Energy, Energy, Energy policy, Climate change policy, Companies, Articles, Renewable energy economy, Emissions reduction, Emissions trading, Sherburne County Generating Station

Xcel Energy Colorado today announced the details of its upcoming Clean Energy Plan today that will deliver its customers an estimated 85% reduction in carbon dioxide emissions from 2005 levels by 2030.

Key Points: 
  • Xcel Energy Colorado today announced the details of its upcoming Clean Energy Plan today that will deliver its customers an estimated 85% reduction in carbon dioxide emissions from 2005 levels by 2030.
  • Xcel Energys Colorado customers electricity bills are already among the lowest in the nation, and this balanced energy plan will continue to keep bills low.
  • Were excited to lead the way in Colorados clean energy transformation and reduce carbon emissions approximately 85% by 2030, said Alice Jackson, president of Xcel Energy Colorado.
  • Xcel Energy (NASDAQ: XEL) provides the energy that powers millions of homes and businesses across eight Western and Midwestern states.

Accenture and Microsoft Collaborate to Help Accelerate U.K.’s Transition to Net-Zero Carbon Emissions

Retrieved on: 
Wednesday, February 24, 2021
Other Energy, Software, Utilities, Networks, Environment, Energy, Data management, Technology, Articles, Energy, Service companies, Greenhouse gas emissions, Environmental impact of the energy industry, Energy economics, Low-carbon economy, Renewable energy economy, Accenture, Carbon footprint, Avanade, Greenhouse gas, Microsoft, Avanade

Accenture (NYSE: ACN) and Microsoft are teaming to help speed up the U.K.s low-carbon transition.

Key Points: 
  • Accenture (NYSE: ACN) and Microsoft are teaming to help speed up the U.K.s low-carbon transition.
  • View the full release here: https://www.businesswire.com/news/home/20210223006267/en/
    Accenture, Microsoft and Avanade collaborate to help accelerate the UKs low-carbon transition (Photo: Business Wire)
    The U.K. is the first G7 country to legislate for a net-zero target for carbon emissions by 2050.
  • The energy system electricity in particular must be completely decarbonized very quickly, so that trickier sectors like heat and transport can reach zero carbon emissions.
  • Clare Barclay, CEO at Microsoft U.K., said, Last year, Microsoft announced we would be carbon negative by 2030 and remove our entire carbon footprint by 2050.

Californians Pay Two-to-Three Times More for Electricity Than It Costs to Provide, Impeding State’s Climate Targets, Finds New Report Released by Next 10

Retrieved on: 
Wednesday, February 24, 2021
Public policy, Government, State, Local, Public policy, Utilities, Environment, Alternative energy, Energy, Renewable energy economy, Pricing, Renewable energy policy

The climate and health benefits will be enormous, said F. Noel Perry, founder of Next 10, who commissioned the report.

Key Points: 
  • The climate and health benefits will be enormous, said F. Noel Perry, founder of Next 10, who commissioned the report.
  • The question is, how can we change the inequitable and unsustainable way we currently pay for electricity?
  • These high prices result from uncommonly large fixed costs that are bundled into kilowatt-hour prices and passed on to customers.
  • Key findings from the report include:
    California IOUs prices for electricity are out of line with the rest of the country.