By [email protected] The U.S. Treasury Department released guidance Wednesday that offers onshore wind and solar projects more time to meet tax credit deadlines, an acknowledgement of the challenges brought by the coronavirus lockdown. Wind was the big winner: onshore projects that started construction in 2016 and 2017 will now have five rather than four years…
By [email protected] The U.S. Treasury Department released guidance Wednesday that offers onshore wind and solar projects more time to meet tax credit deadlines, an acknowledgement of the challenges brought by the coronavirus lockdown. Wind was the big winner: onshore projects that started construction in 2016 and 2017 will now have five rather than four years…
By Michael Mazengarb Latest quarterly emissions update shows emissions down thanks to renewables and drought, but increases from the gas sector are hindering faster progress. The post Wind, solar and drought drive down emissions, but Australia’s progress on targets still lags appeared first on RenewEconomy. Read Full Article Here For more great articles: Renew Economy
By Michael Mazengarb The federal government is seeking views on the creation of a ‘guarantee of origin’ for hydrogen to track emissions and identify its source – wind, solar, gas or coal. The post Renewables, gas or coal: Views sought on hydrogen ‘certification of origin’ scheme appeared first on RenewEconomy. Read Full Article Here For…
By Joshua S Hill German-based SINN Power ramps up its bid to offer a robust, modular, and affordable maritime structure to generate renewable energy from waves, wind and solar. The post German company floats idea for a wave, wind, and solar “ocean” hybrid platform appeared first on RenewEconomy. Read Full Article Here For more great…
By Giles Parkinson Spark looks to add battery storage to Bomen solar farm, and expand capacity, and is also on lookout for wind and solar projects as international developers retreat from market. The post Spark looks to expand Bomen solar farm and add big battery, wind also on horizon appeared first on RenewEconomy. Read Full…
By Giles Parkinson The significant falls in electricity demand as a result of the Covid-19 lockdowns has led to record shares of variable renewable energy – wind and solar – in some European countries. A new report from International Energy Agency notes that the “instantaneous” share of wind and solar (VRE) reached unprecedented levels of…
By [email protected] Onshore wind is now the leading renewable energy technology in the U.S., and it’s still knocking competitors out of the way. Last year wind overtook hydropower in total generation, and 2020 is on track to be a record year for new wind farm construction. But all other energy sources are losing ground to…
By Kelsey Misbrener Clean energy software firm Smarter Grid Solutions (SGS) has developed five methods that could double the capacity available for solar panels and other distributed energy resources (DERs) to connect to individual electricity substations. Using the company’s ANM Element software product, utility companies can monitor the amount of power generated by solar photovoltaics,…
By [email protected] Dramatic reductions in the cost of wind and solar have led to optimism that they can be primary contributors to low-carbon electricity grids. But there’s an important obstacle to their profitability: revenue decline. Adding wind and solar to the grid tends to reduce electricity prices during the times that they generate. On a…
Wind plants in the United States remain relatively efficient over time, with only a 13% drop in performance over 17 years, researchers report. Their study also suggests that a production tax credit provides an effective incentive to maintain the plants during the 10-year window in which they are eligible to receive it. When this window…
By Brian Wang The coronavirus crisis has US corporate interest rates are in the 1.8-4.1% range. China has a 10-year government bond yield of 2.6%. Low rates make new nuclear energy and other high capital cost projects more affordable. We have to adjust the cost calculations for solar and wind to factor in the shorter…
By Mark Diesendorf Contrary to claims made in Michael Moore film Planet of the Humans about life cycle energy for renewables, wind and solar are likely to breed even better returns. The post Debunking Michael Moore’s myth about life cycle energy needs of wind and solar appeared first on RenewEconomy. Read Full Article Here For…
By National Wind Watch When Michael Rucker talks about “Wind energy myths generate confusion” (Tri-City Herald, 4/2/20), he adds to the confusion: He says it will bring “wind energy to the region and the state of Washington,” but he really means it’s electricity for California and its renewable energy mandate; we have plenty of energy…
By National Wind Watch GALESBURG – After hours of public hearings, the Knox County Zoning Board of Appeals made a crucial decision regarding the fate of a wind farm planned for the county Wednesday afternoon. Orion Renewable Energy Group plans to start construction on the $150-170 million wind farm, the first in Knox County, this…