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edie.net April 18, 2019

West Sussex Virtual Power Plant 'could Save Uk PS32bn' If Replicated Nationally

The developers of a new virtual power plant (VPP) system set to come online across West Sussex in stages from autumn have claimed that the model could cut the UK's energy costs by 10% if it is rolled out nationally.
Read by 32% of LPs

fastcompany.com April 16, 2019

Could Wave Power Be The Next Boom In Renewable Energy?

Several devices that generate electricity from the movement of waves are about to begin large-scale testing in Hawaii. In a shipyard in Portland, Oregon, a massive new energy generating device is nearly complete. In mid-May, it will begin a three-week journey to Hawaii for the first large-scale test of the tech connected to the grid. Months later, two other new technologies will also head to Hawaii to begin their own tests. It's one step toward wider adoption of a form of renewable energy that doesn't yet exist commercially: waves.Read Full Story.
Read by 41% of LPs

in.reuters.com April 15, 2019

Malaysia's Petronas Acquires Singapore-based Solar Power Company Amplus Energy

Malaysian state-owned oil and gas firm Petronas said on Monday it had acquired a Singapore-based solar energy company as part of a strategy to move into renewable energy, chasing high-growth business to complement its mainstay operations.
Read by 64% of LPs

reuters.com April 15, 2019

Malaysia's Petronas Acquires Singapore-based Solar Power Company Amplus Energy

Malaysian state-owned oil and gas firm Petronas said on Monday it had acquired a Singapore-based solar energy company as part of a strategy to move into renewable energy, chasing high-growth business to complement its mainstay operations.
Read by 75% of LPs

justmeans.com April 12, 2019

Ohio's Clean Energy Standards Are Key To Thriving Economy

Apr 12, 2019 4:20 PM ETTweet This: Investor and corporate leaders are calling on #Ohio lawmakers to protect the state's #cleanenergy standards. Read @CeresNews full statement on today's proposed legislation. #ohpol #ohleg http://bit.ly/2IqHb6Y Press ReleaseOhio's clean energy standards are key to thriving economyApril 12, 2019 /3BL Media/ -- Major investors and companies in Ohio oppose provisions in legislation introduced today in the Ohio Legislature that would weaken the state's renewable portfolio and energy efficiency resource standard.
Read by 75% of LPs

greentechmedia.com April 12, 2019

Vestas To Acquire Stake In Wind And Solar Developer Sowitec

Denmark's Vestas, the world's leading wind turbine supplier, is moving to acquire a stake in renewables project developer Sowitec -- part of a trend of wind manufacturers diversifying to offer multi-technology solutions to customers around the world. Vestas this week announced a deal to acquire a 25.1 percent stake in privately owned Sowitec, with an option to buy the rest of the company within three years. Although based in Germany, Sowitec has made its biggest mark in Latin America, particularly Mexico and Brazil, and is active in both solar and wind development in more than a dozen countries.
Read by 67% of LPs

cpexecutive.com April 12, 2019

Amazon To Purchase Clean Energy From 3 New Wind Farms

The facilities, underway in Europe and the U.S., have a combined capacity of 229 megawatts and are set to power AWS' global infrastructure.
Read by 36% of LPs

greentechmedia.com April 11, 2019

Global Energy Storage Markets Will Grow 13-fold From 2018 To 2024 To Reach 158 Gigawatt-hours And Billion In Investment, Wood Mackenzie Power & Renewables Reports

For the energy storage industry, the past five years have been something of a stage rehearsal for a market explosion to come, led by the U.S. and China, but expanding to cover markets across the globe. That's the picture painted by Wood Mackenzie Power & Renewable's latest report, Global Energy Storage Outlook 2019: 2018 Year in Review and Outlook to 2024. Tuesday's report projects that energy storage deployments will grow thirteenfold over the next six years, from a 12 gigawatt-hour market in 2018 to a 158 gigawatt-hour market in 2024.
Read by 39% of LPs

greentechmedia.com April 11, 2019

Us Wind Market Will See More Investors And Cheaper Capital Without The Ptc

As the Production Tax Credit winds down, along with the last opportunity to safe-harbor wind turbines at 40 percent in 2019, wind development is now poised for its next phase of growth. This growth will look different than what we are used to. A new mix of factors -- some familiar, others more nascent -- will determine the value of wind energy without the tax equity subsidy. Project developers will need to create a new formula to calculate costs and value in a post-PTC environment.
Read by 53% of LPs

realassets.ipe.com April 11, 2019

Us Solar Infrastructure Fund Raises $200M On London Stock Exchange | News | Ipe Ra

US Solar Fund is managed by New Energy Solar and sponsored by Fidante Capital. : Fidante Capital has raised US$200m (EUR177m) on the London Stock Exchange for a solar infrastructure fund focused on the Americas. The fund is structured as a UK investment trust and will invest in solar power assets in North America and other OECD countries in the Americas. US Solar Fund has identified US$4.8bn worth of potential assets already, comprising more than 60 projects in 13 US states. The fund is managed by New Energy Solar, which runs a similar fund listed on the Australian Securities Exchange.
Read by 73% of LPs