AltGen

Utility Dive | February 14, 2020

The Virginia Clean Economy Act, narrowly passed by both chambers of the state legislature, sets one of the largest energy storage targets in the country at 2.4 GW by 2035 and pushes state regulators to devise a carbon dioxide cap and trade program that complies with the Regional Greenhouse Gas Initiative (RGGI). The act, which requires Virginia’s electric utilities and competitive suppliers to generate electricity from 100% renewable energy by 2050, passed on the same day that Dominion Energy, b...

Southern Power | June 23, 2020

Southern Power, a leading U.S. wholesale energy provider and subsidiary of Southern Company, today announced that the 200-megawatt (MW) Reading Wind Facility in Osage and Lyon Counties, Kansas, is now operational. This project, Southern Power's eleventh wind facility, is the first to be validated as a carbon offset project under the Verified Carbon Standard Program through an agreement with Royal Caribbean Cruises Ltd. This initiative, which is expected to annually offset more than 10 percen...

ENERGY

Volvo Energy | June 17, 2022

Volvo Energy invests in the UK-based, second-life battery energy storage specialist Connected Energy in order to further accelerate Volvo Group's battery business and sustainability opportunities. In its mission to support and secure an attractive and sustainable circular business model for batteries, Volvo Energy is investing approx. SEK 50 M for 10 percent in the UK-based second-life battery energy storage specialist Connected Energy. "There...

ENERGY

Vertimass LLC | January 12, 2022

Vertimass and European Energy announced that the companies have completed a Letter of Intent (LOI) to integrate technologies for capturing carbon dioxide and converting it into hydrocarbon products around the world, a result that would reduce emissions of carbon dioxide that contribute to climate change. This unique combination takes advantage of European Energy's expertise in capturing carbon dioxide from waste sources (carbon dioxide produced from anaerobic digestion, power ...