GSCOMM ENERGY FEED

• Power companies in New England tapping residential batteries to reduce peak demand June 25, 2019
  Here’s the latest wrinkle in the battery boom: National Grid Plc is paying consumers to tap electricity from their power-storage systems.
• Google spending billions on data centers in renewable energy rich regions June 25, 2019
  Alphabet Inc.’s Google said it would invest 1 billion euros ($1.1 billion) to expand its data center infrastructure in the Netherlands.
• Too much water or too little: hydropower fights wild weather June 25, 2019
  The Kariba Dam has towered over one of Africa’s mightiest rivers for 60 years, forming the world’s largest reservoir and providing reliable electricity to Zambia and Zimbabwe.
• Bloomberg predicts wind and solar will power half the world and bag $9 trillion investment June 20, 2019
  Wind or solar now represent the least expensive option for adding new power generation capacity in approximately two-thirds of the world.
• Sweden's EV boom under threat as electricity demand outstrips capacity June 12, 2019
  Sweden’s ambitious plan to drastically cut emissions from transport by bringing millions of electric cars onto the road could be derailed by a lack of power capacity for new charging stations in major cities.
• EnBW acquires French renewables firm VALECO June 11, 2019
  German utility EnBW has acquired French wind and solar developer and operator VALECO.
• FERC's data shows US renewable generating capacity has surpassed coal June 10, 2019
  According to an analysis by the SUN DAY Campaign of data just released by the Federal Energy Regulatory Commission (FERC), U.S. electrical generating capacity by renewable energy sources (i.e., biomass, geothermal, hydropower, solar, wind) has now - for the first time - surpassed that of coal.
• Are you a global power & energy elite? Nominations are now open! June 7, 2019
  “Recognizing leaders in the power and energy industry not only gives us the opportunity to celebrate them and the projects that they are involved in, it also enables us to learn vital business and life lessons from these often exceptional individuals. We find out what makes them tick, what frustrates them and the processes they […]
• It’s clean, powerful and available: Are you ready for hydrogen energy? June 6, 2019
  As the world responds to the challenges of climate change, energy systems are evolving, and evolving fast. The past 10 years have seen the rise (and dramatic cost reduction) of renewable energy such as wind and solar, to the extent that they are no longer considered alternative energy. They have become mainstream energy sources. Now, […]
• LevelTen receives series B funding; arranges 146-MW PPA for Starbucks June 5, 2019
  Seattle, WA-based LevelTen Energy helps corporate buyers of renewable energy find and purchase energy from solar and wind projects within North America through its procurement platform. The company says its solution reduces the cost, complexity, and risk of renewable energy power purchase agreements (PPAs), by incorporating analytics, aggregation, and process best practices.
• Anheuser-Busch partners with Recurrent Energy to meet renewable energy goals June 4, 2019
  Anheuser-Busch President and CEO Michel Doukeris wouldn't give financial details of the agreement, but says it's a smart investment
• Is a 500W solar module in sight? May 31, 2019
  LONGi Solar this week said that it has invented a new “seamless soldering” technique that could help it produce a more efficient solar module. As a reminder, the more solar cells you can pack into a module, the more efficient it is. And the more efficient your modules, the fewer you need to achieve the […]
• Utah clean energy storage project to combine hydrogen, salt dome assets May 30, 2019
  Herbert was joined by Mitsubishi Hitachi Power Systems (MHPS) and Magnum Development at the event to detail the Advanced Clean Energy Storage (ACES) project in central Utah. They called it the largest such energy storage project in the world.
• Bermuda Electric Light Company installs 10-MW/5.5-MWh energy storage system May 29, 2019
  Yesterday, energy storage company Saft said it delivered and installed a turnkey Energy Storage System to Bermuda Electric Light Company (BELCO). The system provides up to 10 MW power for spinning reserves and frequency response to maintain grid stability and has a storage capacity of 5.5MWh, said the company. The official ribbon-cutting ceremony was held […]
• The $4.4B geothermal energy plan for Ethiopia May 28, 2019
  Reykjavik Geothermal, a power developer backed by hedge fund billionaire Paul Tudor Jones II, is about to kick off a $4.4 billion project to bring geothermal energy to Ethiopia.