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Coronavirus set to shock Middle East's most fragile economies

The pandemic is likely to hit the Middle East’s more fragile countries hardest.




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Cloudflare's global coverage

US web infrastructure and cyber security company Cloudflare wants to improve people’s internet experiences through affordable, reliable and accessible interconnection points, especially in less privileged parts of the world. 




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Kyrgyzstan ramps up efforts to improve image

Kyrgyzstan is trying to stabilise a volatile business environment by diversifying its economy away from gold and remittances, and employing an ombudsman to reassure investors. 




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Madeira looks to keep tax advantage

On top of EU access, an impressive quality of life, talented labour and a thriving tourism sector, Madeira offers a white-listed preferential tax regime that is conducive to long-term, productive investments. Sebastian Shehadi reports.




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Manufacturing FDI in Mexico stumbles again in 2018

Mexico suffered a second year of dwindling manufacturing, with the US's trade policy taking its toll. However, Mexico remains an attractive location for US companies and their suppliers.




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Lagos sees rebound in FDI

The number of foreign companies investing in Lagos increased in 2018 after four years of decline.




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Siemens inaugurates world’s largest electrothermal energy storage system

Siemens Gamesa Renewable Energy (SGRE) said that is has begun operation of its electric thermal energy storage system (ETES), a milestone in the development of energy storage solutions, according to the company.




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Six Flags Great Adventure now powered by 23.5-MW solar array

On Wednesday in New Jersey, the world’s largest regional theme park company and the largest operator of waterparks in North America said that its New Jersey park, Six Flags Great Adventure, is now powered by solar energy.




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Statkraft announces plans to build 51.6-MW Los Lagos hydropower plant in Chile

Statkraft announces it has decided to start construction of the 51.6-MW Los Lagos hydropower plant in Chile. The construction is planned to commence in August and completion is scheduled for second half of 2022.




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California Energy Commission gives $3M grant to pair energy storage and fast EV charging

Natron Energy said that the California Energy Commission (CEC) awarded it a $3 million grant for “Advanced Energy Storage for Electric Vehicle Charging Support.” Natron will use the money to manufacture and install a high powered, long cycle life energy storage system at an EV Fast Charging station.




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Iowa officials consider energy storage tax credit, ‘value of storage’ study

Iowa economic development officials are tentatively endorsing a tax credit for battery storage to complement the state’s wind and solar generation.




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Legislation introduced to encourage marine energy research in the U.S.

U.S. Sens. Ron Wyden (D-Ore.), Jeff Merkley (D-Ore.), Angus King (I-Maine), Brian Schatz (D-Hawaii), and Jack Reed (D-R.I.), have reintroduced The Marine Energy Research and Development Act, intended to increase production of low-carbon, renewable energy from the natural power in ocean waves, tides and currents.




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New York to pass 'one of the most aggressive clean energy mandates in the country'

New York is poised to pass its own version of the Green New Deal with a climate bill that would more than triple the state’s solar capacity and aggressively promote development of wind farms off the state’s coast.







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Solar industry, advocates hail New York passage of ambitious climate bill

New York’s Climate Leadership and Community Protection Act passed the Assembly early in the morning of June 20 and will now await the governor’s signature. Solar advocates praised the state legislature’s adoption of long anticipated legislation that will require at least 70 percent of electric generation come from renewable sources by 2030 and providing needed funding to low-income and environmental justice communities.




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NV Energy's new 540-MWh storage and 475-MW solar project comes at a very low price

8minute Solar Energy, NV Energy and the Moapa Band of Paiutes announced that NV Energy selected 8minute to develop the largest solar plus storage project ever built in Nevada and one of the largest in the world.




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San Diego Airport installs 2 MW/4 MWh storage system to complement existing PV array

Yesterday, ENGIE Storage announced that San Diego International Airport (SAN) installed a 2 MW/4 MWh GridSynergy energy storage system. Paired with the airport’s existing 5.5 MW of solar capacity, the new energy storage system will reduce energy charges during peak demand, which according to ENGIE equate to approximately 40 percent of the airport’s monthly electricity costs. The system is expected to begin operation in early 2020.




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PNM plans early retirement of coal plant with massive addition of solar + storage

On July 1, Public Service of New Mexico filed a plan with regulators in the state for how it plans to get to a 100 percent emission-free power by 2040. The utility reviewed four scenarios, all of which involved the early retirement of the San Juan Coal Plant, to arrive at its recommended path forward.




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Massachusetts incentivizes energy storage systems for commercial property owners

Commercial property owners with existing energy storage systems, or owners considering implementing an energy storage system, may be able to benefit from a recent order by the Massachusetts Department of Public Utilities (DPU) allowing utility companies to pay customers who agree to rely upon their energy storage systems and dispatch the energy during peak events.




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Natural Gas beat coal in the US. Will renewables and storage beat gas?

In April 2019, in the heart of coal country, Indiana regulators rejected a proposal by its electric and gas utility, Vectren, to replace baseload coal plants with a new $900 million, 850 megawatt (MW) natural gas-fired power plant. Regulators were concerned that with the dramatic decline in the cost of renewable energy, maturation of energy storage and rapidly changing customer demand, such a major gas plant investment could become a stranded, uneconomic asset in the future. Regulators are now pushing Vectren to consider more decentralized, lower-carbon resources such as wind, solar and storage that would offer greater resource diversity, flexibility and cost effectiveness.




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AI-powered storage company enters Northeast market with “front-of-the-meter” solution

This week artificial intelligence (AI)-driven energy storage services provider Stem said that it had formed a partnership with New York-based private equity company Syncarpha Capital to build 28.2 megawatt-hours (MWh) of large-scale storage projects co-sited with solar in Massachusetts.




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Voith to provide equipment for new Ritom pumped storage powerhouse

Voith has received an order for the Ritom pumped storage power plant in Switzerland, which began operating in 1920 and will be replaced with a new facility.




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Minnesota utilities weigh energy storage as substitute for peaker plants

Gas peaker plants may be among the first casualties of a new Minnesota law requiring utilities to include energy storage as part of their long-range plans.




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Fantasy Energy League Draft follow-up: breaking down the first round

In late 2018, I put out the call to see how many fellow energy nerds I could gather to indulge me in combining my passion for energy analysis and clean power policy with my love of fantasy sports. By the end of January 2019, I had my cast of characters who somehow thought this idea was as fun as I did (isn’t the Internet the greatest tool for finding people who share your interests?) and I released my Draft Preview. Coordinating this draft among 14 different teams with different time zones and schedules chock-full of actually helping to save the planet proved no easy task, but by the end of March we had conducted 5 rounds of picks for a total of 70 selections in this Inaugural Fantasy Energy League!




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Energy storage plant set for southeast Asia

Finnish energy technology group Wärtsilä has signed an EPC contract for a 100 MW/100 MWh total capacity energy storage project in southeast Asia.




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Glendale Water & Power to repower Grayson power plant with solar plus storage

Last week, California’s Glendale Water & Power (GWP) received approval from the Glendale City Council to move forward with a plan to repower the aging Grayson Power Plant with a combination of renewable energy resources, energy storage and a limited amount of thermal generation.




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Utility device and data management technologies revenue could exceed $22 billion by 2027edit

A new report from Navigant Research released this week says that revenue from device and data management technologies could grow from approximately $14.8 billion in 2018 to more than $22.1 billion in 2027 at a compound annual growth rate (CAGR) of 4.6%.




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BNEF: Energy to storage increase 122X by 2040

According to the latest forecast by BloombergNEF (BNEF), energy storage installations (not including pumped hydropower) around the world will multiply exponentially, from 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040.




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Energy storage sites provide unique wholesale market participation

ENGIE Storage has announced it will supply and operate a 19 MW/38 MWh portfolio of six energy storage sites that will contribute to the Solar Massachusetts Renewable Target Program and participate in ISO-New England wholesale markets.




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NY governor announces $1.1 billion project to extend life of Niagara Power Project

Governor Andrew M. Cuomo has announced that the New York Power Authority is launching a 15-year modernization and digitization program to significantly extend the operating life of the Niagara Power Project.





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Dominion plans $33 million battery storage pilot

Dominion executives said in an interview this week that battery storage has the potential to improve the resiliency of the electrical grid





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Report covers costs of various storage technologies, including pumped storage hydro

A report recently released by the U.S. Department of Energy defines and evaluates cost and performance parameters of six battery energy storage technologies (BESS) and four non-BESS storage technologies.




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Australian brewer eyes thermal energy storage system

South Australian energy storage company 1414 Degrees and Stone & Wood Brewing Company have agreed to undertake a feasibility study for the integration of 1414 Degrees’ electrically charged Thermal Energy Storage System (TESS-IND).




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100 MW of solar and 10 MW of battery storage coming to San José CCA in 2022

This week, San José’s Community Choice Aggregator (CCA) which is called San José Clean Energy (SJCE) and EDP Renewables SA (EDPR), through its fully owned subsidiary EDP Renewables North America LLC (EDPR NA), signed a 20-year power purchase agreement (PPA) for 100 MW of new solar energy capacity and 10 MW of battery storage at the Sonrisa Solar Park in Fresno County, California. The project is anticipated to be operational in 2022.




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Softbank invests $110M in new energy storage system

Energy Vault, the creator of a new way to perform utility-scale energy storage, announced that SoftBank Vision Fund (Vision Fund) invested $110 million in its Series B funding round. Energy Vault will use the funds to accelerate global deployment of its technology, which enables renewables to deliver baseload power for less than the cost of fossil fuels 24 hours a day, said the company. As part of the investment, Andreas Hansson, Partner for SoftBank Investment Advisers, will join the Energy Vault board of directors.




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Hydro Tasmania accelerating site investigations for pumped storage hydropower

Hydro Tasmania says it is accelerating detailed investigation of three key opportunities for pumped storage hydro development in the state as part of the Battery of the Nation initiative. Work has begun on a full feasibility assessment of pumped hydro development opportunities at Lake Cethana and Lake Rowallan in the northwest and near Tribute Power Station on the West Coast.




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Renewable energy takes center stage at POWERGEN ASIA and Asian Utility Week

In a region of the world where coal is still king, there is room for renewables. This was a takeaway from the Ministerial Address and Joint Opening Keynote at POWERGEN Asia and Asian Utility Week. The two annual events kicked off Tuesday, Sept. 3, in Kuala Lumpur, Malaysia.




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Take control of energy usage with LG’s residential solar offerings

In conjunction with North America’s Smart Energy Week, LG Electronics (LG) is underscoring its role as a top player within the U.S. residential solar market at the 2019 Solar Power International Conference.




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California aims to fix low-income storage program and deliver new resilience incentives

California’s energy storage incentive program has been a great success, with more than 11,000 battery storage systems installed to-date. The problem is, it’s not reaching the state’s most vulnerable communities. A new proposal from the California Public Utilities Commission (CPUC) aims to fix some of the barriers preventing disadvantaged communities from participating in the program, and it allocates $100 million to a new program designed to offset the cost of battery storage systems for populations threatened by wildfires and related utility power shutoffs.





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Lower than average wind speeds are hurting US wind power producers

Unusually still weather in the upper Midwest and Great Plains in late 2018 has already taken a bite out of earnings at NextEra Energy Inc. and Avangrid Inc., which both operate large wind farms. Other wind generators have yet to report fourth-quarter results, including Pattern Energy Group Inc., TerraForm Power Inc. and Clearway Energy Inc.




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Floating solar photovoltaic plant to be installed at Kruonis pumped-storage plant in Lithuania

The Lithuanian Business Support Agency (LSBA) has granted €235,000 (US$267,500) to support development of an experimental floating solar photovoltaic power plant at the existing 900-MW Kruonis pumped-storage hydroelectric plant in Lithuania.




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Solar hybrid microgrid electrifies Tanzania villages

A solar-hybrid mini-grid project is underway in Tanzania.




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Hanwha Q CELLs files patent infringement case against JinkoSolar, LONGi, and REC Group

On March 4, Hanwha Q CELLS filed a patent infringement complaint with the U.S. International Trade Commission (ITC) against JinkoSolar, LONGi Solar, and REC Group. The company also filed related patent infringement complaints with the U.S. District Court for the District of Delaware against the same companies. In Germany, Hanwha Q CELLS filed patent infringement complaints with the Regional Court of Düsseldorf against JinkoSolar and REC Group.




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Trump said to again seek deep cuts in renewable energy funding

The Trump administration is again seeking severe cuts to the U.S. Energy Department division charged with renewable energy and energy efficiency research, according to a department official familiar with the plan.