Puerto Rico closes $861M DOE loan guarantee for huge… | Canary …
Oct 15, 2024 · The federal government has just finalized an $ 861 million loan guarantee to fund what will be Puerto Rico’s largest utility-scale solar and battery storage installations. In July, the Department of Energy’s Loan Programs Office announced a conditional commitment to finance two solar-plus-storage facilities on the southern coast of the island, plus two standalone battery energy storage ...
Why won’t PJM let batteries and clean power bolster a… | Canary …
Oct 3, 2024 · PJM, the largest electric grid operator in the U.S., has a major problem — old, dirty power plants are closing down faster than new clean energy resources can replace them.. This mounting grid crisis is already driving up electricity costs for the 65 million people living in PJM ’s territory, which stretches from the mid-Atlantic coast to the Great Lakes.
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Ambitious, nonprofit journalism powered by RMI for the clean energy transition, economy-wide decarbonization, and climate tech markets.
Chart: The US battery market is on track for its best year yet
Jul 5, 2024 · With this new data in hand, the prediction looks even more likely to be realized. The country installed more than double the amount of utility-scale storage in Q 1 2024 than it did over the same period a year prior. And overall battery storage installations — meaning not just utility-scale projects, but home and commercial installations as well — were 84 percent higher than in Q 1 …
Chart: Nearly all new US power plants built in 2024… | Canary Media
Feb 23, 2024 · The latest federal forecast for power plant additions shows solar sweeping with 58 % of all new utility-scale generating capacity this year. In an upset, battery storage will provide the second-most new capacity, with 23 %. Wind delivers a modest 13 %, while the long-delayed final nuclear reactor at Vogtle in Georgia will add 2 % of new capacity, assuming it …
The first new US aluminum plant in decades plans big ... - Canary …
May 7, 2024 · This story was originally published by Grist.. Aluminum is a crucial raw ingredient in the fight against climate change. But to ensure that the transition off fossil fuels is a clean one, the industry needs a serious makeover. A new federally funded “ green smelter” could help make that happen.. Producing this remarkably versatile metal requires a …
Sustainable aviation fuel is taking off. What is it, exactly?
Nov 21, 2024 · Late last year, Virgin Atlantic ran a radio spot in the United Kingdom touting a noteworthy environmental achievement: The British airline was about to fly a plane on “ 100 percent sustainable aviation fuel.”. The ad referred to a unique demonstration flight that took place days later on November 28, 2023, in which the company flew a Boeing 787 Dreamliner from London to New York City using ...
Koloma raises $50M more in quest to find natural… | Canary Media
Oct 17, 2024 · Geologic hydrogen could be “ the world’s first new primary energy source in 100 years,” Johnson said during the conversation. “ This will be kind of a skeleton key in decarbonization.” Scientists have long known that hydrogen occurs in nature. Most of it originates from a process called serpentinization, which happens when subterranean water comes in contact with iron-rich rocks and ...
The US is making and deploying more solar panels than ever before
Dec 6, 2024 · According to the report, the U.S. will deploy a total of 40. 5 gigawatts of solar power this year, led by Texas and Florida, with annual volumes hitting at least 43 gigawatts through 2029.. While those annual totals put the U.S. well ahead of top installers India, Germany, and Brazil, America remains a laggardly distant second to China, which will add approximately 334 gigawatts of solar ...
A new generation of cheaper batteries is sweeping the
Nov 12, 2024 · A significant shift is underway in the electric-car segment. No, I’m not talking about the shift to EVs. That’s still progressing despite a few manufacturers getting cold feet.What I’m referring to here is a subtle change in the makeup of EV batteries that carries some significant implications.. A type of lithium-ion battery called lithium iron phosphate, or …