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Bitfarms Ltd., a Bitcoin self-mining company, has acquired a 24-MW hydro power plant in Washington State, U.S., and entered into a memorandum of understanding with the seller to co-develop additional farms in the area, increasing total mining capacity in Washington to 99 MW.
Entergy Mississippi plans to increase its mix of renewables from less than 1% to nearly one-third by 2027.
Diversified Energy Corp. has formed a partnership and licensing arrangement for a patent pending, algae production system invented by XL Renewables, Inc. Under an exclusive worldwide license, Diversified Energy will provide systems engineering and project management to commercialize the technology.
Most renewable energy companies specialize. Solar companies do solar. Wind companies do wind. Geothermal companies do geothermal. Biomass companies do biomass. But a small Canadian merger challenges that assumption. Magma Energy, a geothermal company, said it will spend about $100 million in stock to buy Plutonic Power, which has wind and hydropower projects, and ambitions to get into solar. The […]
Western Governors adopted a resolution to explore opportunities that will develop clean, secure and diversified energy systems at the annual meeting of the Western Governors Association. They set a goal of 30,000 MW of clean energy by 2015, and a 20 percent improvement in energy efficiency by 2020.
Finnish energy group Wärtsilä recently announced its entry into the solar energy industry with an emphasis on delivery of turnkey utility-scale solar PV and unique hybrid power plant solutions. The company will engage in delivery of its first hybrid power plant late this year, with a retrofitting project in Jordan.
The U.S. renewable energy market is growing at an impressive rate. But as more wind, solar and biofuel facilities get developed, there are fewer people or organizations that own those facilities. That is primarily due to the exclusive nature of the federal tax credits. Because of the shrinking diversity in the marketplace, a growing number of people are calling for changes to U.S. renewable energy incentives. In this podcast, we explore the issues with the federal tax credits as they relate to ownership of renewable energy systems.
This week, we're podcasting from the Power-Gen International conference in Orlando, Florida. This event is mostly geared toward traditional power companies; however, renewables are starting to play a bigger role at Power-Gen as businesses and investors in the space recognize the major changes taking place in the energy landscape. We'll speak to some company executives about how this shift is impacting the way companies operate.
Hydropower is among a variety of renewable energy sources poised to revive the U.S.'s economy and diversify our energy portfolio.
Gilbert, Arizona [RenewableEnergyAccess.com] Diversified Energy Corporation is expanding its alternative and renewable energy technical services to include bio-based projects, particularly by providing engineering and economic services for projects using gasification technologies. Using its in-house engineering expertise and a suite of modeling tools (such as AspenPlus), the company will now serve the needs of biodiesel, corn-based ethanol, cellulosic ethanol, biomass combustion, […]