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The Global Lawyer: Is NAFTA 2.0 a litigator's dream?

Replacing the “nightmare” that was Nafta was a dream of US president Donald Trump – but its replacement appears to favour few groups except for dispute resolution firms.




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Biotech's new battlegrounds

Scientific innovation, a conducive regulatory climate and increased globalisation of drug markets are driving an investment boom in biotechnology, with small companies and emerging markets shaking up the sector.




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Belarus central bank governor seeks to maintain balancing act

The chairman of the board of the National Bank of the Republic of Belarus talks to fDi about preserving financial stability and diversifying the country’s export split.




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European challenger banks step up

Europe’s most well-known digital disruptor banks have been expanding across the globe, but not without some controversy. Alex Irwin-Hunt reports.




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Dubai top for Middle East office openings

Dubai outstrips other Middle East cities as top destination for office openings.




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Global biotechnology FDI on the rise

Global FDI in the biotechnology sector has witnessed year-on-year increase since 2015.




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In quest for bigger batteries, California mulls pumped hydro

As the sun sets on California’s solar farms, a backup energy source deep in the Sierra Nevada Mountains springs to life.




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Scottish Power to install biggest battery in Europe at windfarm

The Scottish government has given utility Scottish Power the go-ahead to install Europe’s biggest industrial-scale battery to date to store energy generated at the 539MW Whitelee onshore wind farm.






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Corani seeking financing to develop 147-MW Banda Azul hydro project in Bolivia

Jose Maria Romay, general manager of Corani (a subsidiary of Ende), has announced the company is seeking financing from Latin American development bank CAF and French development agency AFD for the 147-MW Banda Azul hydro project.




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Power companies in New England tapping residential batteries to reduce peak demand

Here’s the latest wrinkle in the battery boom: National Grid Plc is paying consumers to tap electricity from their power-storage systems.




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Ontario Power Generation to buy U.S.-based Cube Hydro

Ontario Power Generation (OPG) has entered into an agreement to acquire Cube Hydro, an operator of small and medium-sized hydropower facilities in the northeast and southeast U.S.




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Global offshore wind installed capacity up 21 percent since 2013

This week the Global Wind Energy Council (GWEC) launched the first edition of its Global Offshore Wind Report, which provides a comprehensive analysis of the prospects for the global offshore wind market, including forecast data, market-level analysis and review of efforts to lower costs.




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It's time for energy freedom in Alabama

Alabama is ranked 13th in the nation as having the greatest solar potential, yet only 0.26% of its energy comes from solar, leaving the state far behind others when it comes to total installed solar capacity. According to an annual report produced by the Solar Energy Industries Association (SEIA), Alabama ranked 29th in the United States for solar production in 2018. Solar in the Southeast, a blog dedicated to highlighting the ever-growing southeastern solar market, reported Alabama as ranking dead last in the seven-state southeastern region. By failing to adopt more solar, and other clean energy technologies, Alabama is missing out on lower energy prices, increased jobs in the solar economy, cleaner air and water, and a more resilient power infrastructure that protects our communities.





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Foreign firms look to make India a global wind turbine export hub

Global wind turbine makers are expanding manufacturing capacity in India to boost exports from the South Asian nation even as the country’s domestic industry faces headwinds.




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Energy industry mourns the death of Global Wind Energy Council’s Steve Sawyer

Steve Sawyer, 63, Senior Policy Advisor and former Secretary General of the Global Wind Energy Council, passed away on July 31, 2019 of a sudden and aggressive lung cancer.




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Democratic debate 2019 takeaways

Elizabeth Warren and Bernie Sanders stuck together, Pete Buttigieg took the middle path, Marianne Williamson took on racism and Beto O’Rourke faded into the background.




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In Michigan, Consumers sees strong interest in charging station rebates

Consumers Energy says it’s happy with the launch of its electric vehicle charging station program and open to expanding the three-year, $10 million pilot.




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Fabric-based solar cells on the horizon

New textile-based solar cells developed by Fraunhofer researchers, semitrailers could soon be producing the electricity needed to power cooling systems or other onboard equipment. In short, textile-based solar cells could soon be adding a whole new dimension to photovoltaics, complementing the use of conventional silicon-based solar cells.




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A deluge of batteries is about to rewire the power grid

A pale orange-and-gold sunset bathes the macadamia plantations and avocado orchards that sweep down to Australia’s Byron Bay. The coming dusk is a cue for two sleek Tesla battery packs in the garage at Amileka, a secluded holiday villa nearby. They stir silently into action—powering the appliances in the five-bedroom home’s twin kitchens, recharging a $100,000-plus Model X SUV, driving a filter pump for an 18-meter swimming pool sparkling in the shade of a century-old native black bean tree.




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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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In battle to break up utilities, Arizona steps to the front line

Of all the efforts to break up utility monopolies in the U.S., the one unfolding in Arizona may be the most important to watch.




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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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Who will benefit from the surge in behind-the-meter battery installations?

The electric utility industry has been buffeted by two recent trends that threaten to upend the profitability, and in some cases the future viability of, those companies that are slow to adapt to a new, rapidly changing landscape. Specifically, in the past decade, the industry has had to grapple with both waning demand and the growth of distributed energy generation.




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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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Virginia looks to New York green bank for possible clean energy financing

Virginia’s energy office is exploring whether to align the state with a billion-dollar New York clean energy financing program.




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Norwegian battery startup with $4.5B plan has vision for Nordic hub

Freyr AS, a startup planning to build one of Europe’s first battery gigafactories in Norway, has a bigger vision for the region: a “Nordic Battery Belt.”




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Lekela reaches financial close for its West Bakr Wind project

Lekela announced that it has reached financial close on its first wind project in Egypt, West Bakr Wind. Construction will begin shortly, delivering 250 MW of clean, reliable power at a highly competitive price.




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ABB delivers solar plant at Antarctic research base

The Uruguayan government agency Instituto Antarctico Uruguayo (IAU) is collaborating with ABB, Uruguayan utility company UTE and the Ministry of Industry, Energy and Mining (MIEM) to provide a second solar power installation at the IAU’s research base in the Antarctic.




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Houston Mayor selects developer for 70-MW urban solar array in revitalization plan

Last week, Houston, TX Mayor Sylvester Turner announced that Sunnyside Energy, led by developer Dori Wolfe of Wolfe Energy LLC, has won a competition to be considered to repurpose a 240-acre former landfill in Sunnyside. Subject to meeting certain terms and conditions, the team will construct one of the largest urban solar farms in Texas., if not the largest.




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Australia in planning for multiple massive battery projects

France’s Neoen SA has outlined plans to build a giant renewables complex in South Australia, including battery storage with up to nine times more capacity than the Tesla Inc. design at its nearby Hornsdale plant, which is billed as the world’s largest lithium-ion battery.




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Holtec, Eos create battery manufacturing JV

Eos Energy Storage and energy equipment firm Holtec International are creating a joint venture to produce Eos’ next generation of large-scale zinc batteries.





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FERC takes a firm stand in PG&E bankruptcy filing

The California-based utility requested that a federal bankruptcy court prevent FERC from enforcing the conditions of the more than 380 power purchase agreements (PPAs) that the utility may want to exit under its Chapter 11 bankruptcy filing.




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New report shows Baltic States ahead of western EU counterparts in renewable energy targets

Findings in a recently published European Union report showed that the Baltic States of Lithuania, Latvia, and Estonia make up over 30 percent of the EU countries that have already met their 2020 renewable energy targets.




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Phasing out coal in Denmark via bioenergy-based CHP

Denmark in many ways is the poster child for the generation mix of the future. It led the way for decades in wind generation. It has continued to set ever-more ambitious targets for renewable penetration. And it has shown in the real world how to make a grid work that includes a heavy presence of renewable assets. Along the way, though, it has faced many challenges.





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Demystifying bank solar asset management with U.S. Bank, Wells Fargo, and kWh Analytics

Bank asset management is known to be an opaque subject. Thankfully, Diana Weis and Sarah Disch, each co-heads of the Solar Asset Management groups at their organizations, U.S. Bank and Wells Fargo Bank respectively, shared their expertise with me at SAMNA 2019. They each have over a decade of experience in solar finance. Here are three key takeaways bank asset management experts Weis and Disch shared:




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Ball Corporation plans 100 percent renewable push; purchases 388 MW of wind and solar

This week global energy and infrastructure group, Eversheds Sutherland, announced that it helped Ball Corporation secure two virtual power purchase agreements (VPPAs) – one wind and one solar – for a total of 388 MW of new renewable energy. According to Ball, these agreements will allow the company to power 100 percent of its corporate, packaging and aerospace operations electricity load in North America with renewable energy by the end of 2021.




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EU corporates want renewable energy but bureaucracy and regulations are holding them back

This week energy developer BayWa r.e. published its Energy Report 2019, which surveyed 1,200 European corporations about their attitudes toward renewable energy.




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CellCube to bring grid scale vanadium battery to South Australia

Renewables firm Pangea Energy and vanadium battery producer CellCube have signed on to build a 50MW storage system alongside a solar farm in South Australia.




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Alabama Municipal Electric Authority signs 100-MW solar PPA

Today, Alabama Municipal Electric Authority (AMEA) and Lightsource BP announced the development of a 100-MW (AC) solar energy project in Montgomery County, Alabama. Lightsource BP will finance, develop, build, own, and operate the solar facility and will deliver energy to AMEA under a 20-year power purchase agreement (PPA). The project, situated 15 miles from AMEA’s headquarters in Montgomery, will supply clean energy to AMEA’s 11 Member utilities located across the state and will generate enough electricity to power more than 20,000 homes.




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Are you a global power & energy elite? Nominations are now open!

“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 follow to address challenges – this is often inspiring, eye-opening stuff and cannot but contribute to the growth of the sector.“




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In quest for bigger batteries, California mulls pumped hydro

As the sun sets on California’s solar farms, a backup energy source deep in the Sierra Nevada Mountains springs to life.