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New Hydropower, Hidden in Plain Sight

For more than 100 years, hydropower has been an important source of flexible, low-cost, and emissions-friendly renewable energy. Providing an average of seven percent of the country’s electricity each year, the existing hydropower fleet helps the United States offset the carbon emissions of more than 42 million passenger vehicles each year. Hydropower also provides benefits […]

U.S. Geothermal Inc. acquires Majority of Goldman Sachs Interest in Raft River Power Plant

Unlocks Project Upside Increases Cash Flow U.S. Geothermal Inc., is pleased to announce that it has acquired from Goldman Sachs the majority of their cash flow interest in and ownership of the Raft River geothermal project. U.S. Geothermal will receive 95% of the cash flow from the project on a going forward basis, along with […]

US Clean Energy Business Coalition Praises Adoption of Paris Agreement

World Community Sends Strong Signal for Climate Action, with Credible Reporting and Review Business Council for Sustainable Energy (BCSE) President Lisa Jacobson issued the following statement on the conclusion of the 21st Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC) in Paris, France: “The achievement of the Paris Agreement […]

Capacity Market results show UK supporting high carbon power at expense of renewables, storage

Auction results show Government procuring high carbon, polluting power while support for renewables being slashed Energy storage missed out in auction, illustrating need to change rules Comes on final day of crucial Paris climate talks as the rest of the world looks to move away from polluting forms of energy The winners of the government’s […]

Department of Energy Announces 12 New Projects to Accelerate Technologies that Improve the Efficiency and Reliability of the U.S. Electric Grid

The Energy Department’s Advanced Research Projects Agency-Energy (ARPA-E) today announced $33 million in funding for 12 innovative projects as part of ARPA-E’s Network Optimized Distributed Energy Systems (NODES) program. NODES project teams will develop technologies that coordinate load and generation on the electric grid to create a virtual energy storage system. The teams will develop […]

Tax increase for energy saving materials – another blow to the renewables sector & fuel poverty

HMRC has released a consultation on removing the reduced rate of VAT for energy saving materials (currently at 5%) The EU has ruled that the lower tax was available too widely and must prove social benefits 20% VAT rate will also be applied to solar, wind and hydro installations All other energy saving materials on […]

Ontario IESO Contracts For Large Scale Flow Battery Storage With SunEdison

SunEdison’s first large scale, grid-connected energy storage project helps the IESO plan the future of the grid Imergy Power Systems will supply its durable and cost effective vanadium redox flow batteries for the project SunEdison, Inc. (NYSE: SUNE), the largest global renewable energy development company, today announced that it has signed a 10-year agreement with […]

E.ON invests in American start-up Greensmith

E.ON has invested in Greensmith, bringing the U.S.-based start-up’s total Series C round to $18.3 million. It is a further step for E.ON to expand its venture-capital activities. Greensmith is one of the largest providers of energy storage software and integration services. Its mission is to make energy storage a fundamental part of a cleaner, […]

2014 Data Book Shows Increased Use of Renewable Electricity

The 2014 Renewable Energy Data Book shows that U.S. renewable electricity grew to 15.5 percent of total installed capacity and 13.5 percent of total electricity generation. Published annually by the National Renewable Energy Laboratory (NREL) on behalf of the Energy Department’s Office of Energy Efficiency and Renewable Energy, the Data Book illustrates United States and […]

Invenergy’s Grand Ridge Battery Storage Facility Wins 2015 Best Renewable Project Award

Chicago-based clean energy company receives Power Engineering and Renewable Energy World Magazines’ Project of the Year Award Invenergy LLC (“Invenergy”), a leader in innovative energy storage solutions, on Monday received Power Engineering and Renewable Energy World Magazines’ 2015 Project of the Year Award for Best Renewable Project. Invenergy received the award for its Grand Ridge […]