Results for: Renewable Energy

A new study has found that more than two-thirds of electricity distribution circuits in California will require capacity upgrades by 2045 in order to meet the demands of electric vehicles (EVs). The study, published in Applied Energy, found that California must add 25 gigawatts to its capacity by that point — a shift that will cost between $6 billion and $20 billion. By modeling future distribution and capacity scenarios, the researchers determined that the first areas to experience overloads without an upgrade would be population-dense spots like the Bay Area.

Despite global efforts to phase out coal power by 2040, China’s coal consumption is projected to remain substantial, posing challenges to its decarbonization goals. The report suggests that coal will constitute 25% of China’s energy mix by 2050, highlighting the country’s continued reliance on fossil fuels.

Vertimass has announced the Environmental Protection Agency’s (EPA) approval for blending up to 20% of its green gasoline, VertiGas20, with conventional gasoline. VertiGas20 is produced using renewable ethanol through Vertimass’ Consolidated Alcohol Deoxygenation and Oligomerization (CADO) technology, offering substantial greenhouse gas emission reductions. The technology can be integrated into existing ethanol production facilities, allowing for significant volumes of sustainable gasoline production. VertiGas20 is compatible with current gasoline vehicles, eliminating the need for engine modifications and increasing ethanol demand five-fold. By replacing fossil fuels, VertiGas20 reduces carbon dioxide emissions by approximately 560 billion pounds annually.

True Green Capital Management (TGC) and Qcells have signed a partnership agreement to install up to 450 megawatts (MW) of commercial, community, and industrial solar and grid projects throughout the U.S. Qcells will provide complete turnkey engineering, procurement, and construction (EPC) services combined with their best-in-class solar modules. The solar modules will be supplied by Qcells’ fully integrated solar supply chain factory in the U.S., which is part of the company’s $1.8 billion investment announced in 2023. This partnership will enhance TGC’s ability to invest in U.S. solar electricity projects and will directly support residential, commercial, and industrial customers’ access to low-cost, clean renewable energy.

Anker’s Solix whole-home battery backup solution is now available in North America. The slim, wall-mounted system provides reliable power during outages with configurable capacity options and a long warranty. It integrates seamlessly with solar panels for a complete home energy solution.

Allye Energy’s Allye Max battery energy storage system, powered by repurposed Range Rover and Range Rover Sport PHEV batteries, provides clean and sustainable energy for construction sites. By extending the lifespan of these batteries, the project reduces environmental impact and aligns with JLR’s commitment to sustainability.

Plug Power has achieved nameplate capacity at its hydrogen plants in Georgia and Tennessee, significantly increasing its hydrogen supply. The company’s Louisiana plant, a joint venture with Olin Corporation, is set to add 15 tons per day (TPD) of liquid green hydrogen by the end of the third quarter. With this expansion, Plug Power will have a total internal production capacity of 40 TPD, meeting the majority of its customers’ demand. The company’s Georgia plant is already producing 15 TPD of liquid hydrogen, marking a major milestone in Plug Power’s hydrogen network and the hydrogen economy in the U.S.

Texture is a new company founded by serial startup veteran Sanjiv Sanghavi that aims to become a common data collection and sharing platform for renewable power sources like wind, solar, and batteries. The company believes that by connecting these systems and making their data more accessible, it can accelerate the adoption of renewable energy and help to fight climate change.

The United Arab Emirates (UAE) and Oman have signed $35 billion worth of investment partnerships in renewable energy, green metals, railways, digital infrastructure, and technology. The agreements aim to deepen cooperation between the two countries and drive economic development. The largest investment agreement is for an industrial and energy megaproject valued at $31 billion, which includes renewable energy initiatives and green metals production facilities. Both the UAE and Oman have intensified efforts to boost renewable energy and decarbonization projects in recent years, with Oman aiming to become a green hydrogen hub and the UAE planning to generate most of its electrical energy from solar power by 2050.

Copper prices have reached $9,988 per metric ton, their highest level in two years, fueled by concerns over supply shortages and optimism about demand from industries such as electric vehicles, artificial intelligence, and automation. The closure of First Quantum’s Cobre mine in Panama has exacerbated supply constraints, while strong manufacturing activity in China has boosted demand. Analysts believe that the long-term energy transition trend will continue to support copper prices despite potential price corrections in the short term.