Category / Industry News

Electric car maker Edison Motors signed an agreement with hydrogen provider Plug Power to develop and bring to market a hydrogen fuel cell-powered electric city bus. Plug Power’s 125kW ProGen fuel cell engine will be used to power to Edison Motors’ electric bus platform. The companies expect to have a fuel cell electric bus prototype…

Global investment group Caisse de dépot et placement du Québec and bp ventures announced a co-investment collaboration targeting ventures in the sustainable energy sector. Their first investment is in BTR Energy, a cleantech company enabling electric vehicles to interact with electricity markets. Financial terms were not disclosed. As part of the three-year collaboration, CDPQ and bp…

British-Swedish pharmaceutical firm AstraZeneca is partnering with Future Biogas to power its UK sites with low-carbon energy as part of company decarbonization efforts. Future Biogas will build a renewable energy plant that will enable AstraZeneca to replace natural gas with biomethane, for heating and cooling at its sites. The biomethane plant will be built in East…

Solar energy advocates reacted strongly to proposed changes to California’s net metering program. Residential solar developer Sunrun in its initial response appeared to frame a potential federal-level challenge to the proposal, which was issued December 13 and is scheduled for a January 27 vote. “The proposal includes a raft of complex changes which, if approved,…

Shell has signed an agreement to purchase 100% of Savion LLC (Savion), a large utility-scale and energy storage developer. Savion, based in Kansas City, Missouri, specializes in developing solar power and energy storage projects. It currently has more than 18 gigawatts of solar power and battery storage under development, including for utilities and major commercial…

Geenex Solar LLC, a utility-scale solar developer focused on the PJM region, said it closed additional financing from New Energy Capital. NEC and Geenex entered into their first financial arrangement in early 2019. Terms of the latest deal were not disclosed.  Proceeds are expected to fund development and operating expenses, and are expected to allow…

New York Governor Kathy Hochul announced that the New York Power Authority (NYPA) Board of Trustees approved 34 ReCharge NY power allocations to 29 customers in support of more than 22,600 jobs across the state that will also spur more than $629 million in private capital investments. The NYPA board also awarded two St. Lawrence…

Logistical challenges and price increases in the solar supply chain are expected to depress deployments next year, resulting in what could be a 7.4 GW (25%) decrease in solar installations for 2022 compared to previous forecasts. And, for the second quarter in a row, trade policy uncertainty and supply chain constraints are driving solar price…

By Sarah Casey, Portfolio Director, Climate Council Emerging economy countries face the undeniably huge task to transition their economies to be cleaner and more sustainable. This transition, however, will impact jobs in fossil fuel-based energy production and could, if not considered from a social perspective, negatively impact millions of individuals in emerging economy nations. Many…

A collaboration between Fermata Energy, The Alliance Center, and Colorado CarShare has resulted in over $950 in savings on its electricity bills in just four months using one Fermata Energy 15-kW bidirectional charger and one Nissan LEAF, according to news released this week. This savings was generated by reducing the Center’s demand charges by nearly…