New & Noteworthy – Page 3

National Lab Marks 40 Years Of Solar Innovation

Written by Don Gwinner & Wayne Hicks on July 05, 2017

As NREL celebrates its 40th anniversary this month, the laboratory highlights some of its biggest solar research achievements.

EIA: Solar And Wind Farm Construction Costs Fell In Recent Years

Posted by Joseph Bebon on July 05, 2017

Based on U.S. Energy Information Administration (EIA) survey data for new, utility-scale electric generators (those with a capacity greater than 1 MW), capacity-weighted average construction costs for most generator types, including solar and wind power, have fallen in recent years. [Read More]

Hawaiian Electric Says Planned Grid Upgrades Could Boost Rooftop Solar

Posted by Joseph Bebon on July 03, 2017

Utility company Hawaiian Electric, whose subsidiaries include Maui Electric and Hawaii Electric Light, has submitted the draft of a plan to modernize its five island power grids to bring online more renewable resources, improve reliability and resilience, and give customers [Read More]

Energy Storage Company Younicos Gets Acquired

Posted by Joseph Bebon on July 03, 2017

Younicos, a German-American developer and provider of energy storage solutions, has been acquired by Aggreko, a Glasgow-based power generation equipment company, for approximately $52 million. According to Aggreko, the acquisition strengthens Aggreko’s position as global energy markets continue to evolve [Read More]

Wartsila Completes Acquisition Of Greensmith Energy

Posted by Joseph Bebon on July 03, 2017

Wartsila, a global technology group and manufacturer in the marine and energy markets, has closed the previously announced acquisition of Greensmith Energy Management Systems Inc., a U.S.-based provider of grid-scale energy storage technologies and software solutions. The companies initially revealed [Read More]

Researchers Gauge Air Pollution’s Negative Impact On Solar Production

Posted by Joseph Bebon on June 29, 2017

Global solar energy production is taking a major hit due to air pollution and dust. According to a new study, airborne particles and their accumulation on solar cells are cutting energy output by more than 25% in certain parts of [Read More]

Spruce Finance Names New Leadership, Secures $25M In Funding

Posted by Joseph Bebon on June 29, 2017

Spruce Finance Inc., a provider of consumer financing for residential energy efficiency and solar technology, has announced new leadership and a $25 million infusion of capital, as well as the appointment of two independent directors. Steve Olszewski, who previously served [Read More]

Former SunEdison Team Launches New Solar Company

Posted by Joseph Bebon on June 29, 2017

Backed by a climate infrastructure investment platform, some former leaders of now-bankrupt SunEdison have launched Summit Ridge, a new development company focused on commercial and industrial (C&I) and community solar projects. Virginia-based Summit Ridge is led by CEO Steve Raeder, [Read More]

Study: It’s Time To Move Beyond The ‘Baseload’ Mentality For The U.S. Grid

Posted by Joseph Bebon on June 28, 2017

The Brattle Group study joins a growing list of reports released in response to Secretary Perry’s controversial call for a DOE examination into grid reliability.

UPS Drives Toward Sustainability With New Goals

Posted by Joseph Bebon on June 28, 2017

Global package delivery company UPS has announced aggressive new sustainability goals to add more alternative fuel and advanced technology vehicles to its fleet while increasing its reliance on renewable energy sources. The goals, available in the company’s 2016 Corporate Sustainability [Read More]