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Brookfield Asset Management is set to add 20 GW of solar and battery storage project potential in buying Virginia-based Urban Grid, but sector faces growing hurdles in grid connectivity and supply chain.
Bechtel, Webuild, Strabag and Dragados are among bidders for the $1.3B, 1.5-GW Coire Glas project in Scotland, but project revenue uncertainties remain.
The CO Bar Solar project is a partnership between Tempe-based not-for-profit utility SRP and solar and storage developer Boise-based Clēnera, which will build and operate the plant.
Giant power provider's investment in grid clean energy and modernization now nears $17 billion through 2025, its CEO told investors on Sept. 29. Ralph Izzo supports Democrats' controversial Clean Electricity Performance Program, contained in the pending $3.5T reconciliation bill.
House-Senate committee measures would have up to 10 times more impact than the Energy Act of 2020, says analysis, as Chevron says it will grow lower carbon energy businesses by $10 billion through 2028.
Solar is the fastest-growing source of new power in the U.S., but up to four times more project capacity is needed to reach net-zero energy target by 2035, says just released federal report.
East Coast senators, including Cory Booker and Robert Menendez of New Jersey, want 30% investment tax credit and production tax credit for union-labor manufacturing sites, as proposed projects ramp up in Maryland and North Carolina
"Unprecedented” project shift is urged as UN report amplifies climate change impact warning and energy sector CO2 emissions are projected to increase 7% in 2021.