Climate

Renewable power developer BrightNight simply closed a $440 million strategic funding from banking large Goldman Sachs. The fairness funding will assist Florida-based BrightNight construct out its pipeline of utility-scale photo voltaic and power storage tasks, which collectively characterize 31 gigawatts of fresh energy, the corporate introduced on Monday. Among these tasks is the 810-megawatt photo voltaic […] More

Vermont voters, local weather advocates, gasoline suppliers, lawmakers, and members of the general public have a possibility to voice any excellent considerations through the PUC’s public listening to on October 30. The PUC should current closing guidelines on January 15, 2025. After that, state lawmakers will resolve whether or not to vote on implementing the […] More

This article was first printed by Energy News Network. More than seven years after New Hampshire regulators first accredited the concept of utilizing neighborhood photo voltaic to create financial savings for low-income households, electrical invoice reductions are lastly on the horizon for the primary batch of members. “There has been this rhetoric that we would […] More

The report additionally discovered that some utilities are reversing course on coal retirements. Last 12 months, 35 p.c of the coal-fired energy crops tracked by the report had been set to shut by 2030. This 12 months, that quantity fell to 30 p.c. Only 20 of the utilities plan to be completely coal-free by 2030, […] More

Form Energy simply hit a funding milestone few startups attain, saying a $405 million Series F financing spherical on Wednesday that brings its complete funding to greater than $1.2 billion. That’s a lot of cash for a novel long-duration power storage startup. But it’s commensurate with the problem it has set for itself — utilizing the chemistry that causes […] More

What’s subsequent for Mississippi’s inexperienced metal ambitions? When Hy Stor initially unveiled the Mississippi challenge in October 2021, the corporate aimed to finish its first part by 2025, with a objective of manufacturing 110,000 metric tons of inexperienced hydrogen per 12 months and storing greater than 70,000 metric tons of it underground. Last 12 months, Hy […] More

If America hopes to satisfy its grid decarbonization targets or its nuclear energy targets, the nation must deploy fission reactors in quantity — and it must get began as we speak. That’s based on the lately up to date Pathways to Commercial Liftoff: Advanced Nuclear report by the U.S. Department of Energy. The doc units […] More

The overwhelming majority of latest renewable capability will come from photo voltaic installations each large and small. Between now and 2030, IEA initiatives the world will construct 2.5 terawatts of utility-scale photo voltaic and almost 1.7 terawatts of distributed photo voltaic. For comparability, simply 745 gigawatts of large-scale photo voltaic and 556 gigawatts of small-scale photo voltaic had been […] More

It seems that the disaster wasn’t so dire. Of the 360 substations that have been reported down, most ​“have been out due to injury to the transmission system that provides them with energy, not essentially injury to all these substations,” stated Brooks, the Duke Energy spokesperson. But even a handful of destroyed substations isn’t any small […] More