Solar

Axpo reports the Canton of Glarus in Switzerland has approved the construction of a 2-MW solar plant on Muttsee Dam, which impounds water for the 1,000-MW Limmern pumped storage plant The Glarus South municipality and Swiss Federal Office of Energy (SFOE) were also involved in the approval procedure and have approved the project. Axpo says...
Hydropower

The Federal Energy Regulatory Commission (FERC) and National Association of Regulatory Utility Commissioners (NARUC) are asking the Federal Reserve to extend access to short-term debt financing for electric, natural gas and water utilities. A joint letter from FERC Chairman Neil Chatterjee and NARUC President Brandon Presley supports a request by the Edison Electric Institute, American...
Offshore

In the UK, the past few years have seen an increase in an array of extreme weather events. Hotter, drier summers and wet, stormy winters are placing more strain on our energy infrastructure and our vital industries. Back in 2018, The Environment Agency estimated that the economic damage of the 2015-16 winter floods (the most extreme flooding on record at the...
Wind Power

Denmark-based Ørsted announces the completion of its 338-MW Sage Draw Wind project in Texas, specifically located in Garza and Lynn counties. The 120-turbine project will have the capacity to meet the needs of 120,000 homes. Sage Draw Wind filed as a Foreign Limited Liability Company (LLC) in the State of Texas in 2016. In 2018,...
Solar

In Seychelles, French developer Qair, has been selected to develop the largest floating solar power plant to be installed on saltwater in the world. The 5-MW plant will be the first project led by an Independent Power Producer (IPP) in Seychelles. The project, which is anticipated to commence in July, will be built on a...
Hydropower

Renewables’ share of total clean energy generation in Europe topped 60% for the first time in the first three months of the year. That was a standout statistic in the latest quarterly report on the European power generation market from energy data analyst EnAppSys, which also found that the impact of COVID-19 triggered a steep...
Bioenergy

Four weeks ago, I predicted that the 12% market correction we had seen would turn into a true bear market.  Bear markets are often defined as a decline of more than 20% for the major market indexes, but I find it more useful to focus on long term changes in investor sentiment. What I did...