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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...
United Launch Alliance | February 09, 2020
Just a year and a half after sending NASA’s Parker Solar Probe to study the Sun, United Launch Alliance (ULA) is ready to once again support a science mission on its way to the center of our solar system. The Solar Orbiter, a unique spacecraft jointly developed by NASA and the European Space Agency, will launch aboard a ULA Atlas V 411 booster, propelling it to the Sun to snap the first photos of its north and south poles. The Solar Orbiter will work in conjunction with NASA’s Parker Solar Probe...
Smart Energy | April 08, 2020
The Netherlands-based holding company of multinational retailer IKEA, the Ingka Group, has acquired a 49% share in two US solar photovoltaic (PV) projects with a combined capacity of 403MW, bolstering the company’s transition to renewable energy. In September 2019 group subsidiary Ingka Investments reached an agreement with Copenhagen Infrastructure Partners (CIP) to acquire 49% stake in the two projects, taking over the Utah solar PV project on 31 December 2019, and the Texas project on 31 Marc...
BlackRock | January 27, 2020
The world’s largest asset manager has a new multibillion-dollar renewable energy fund in the works, and a good chunk of it may go to batteries. Long a major global investor in wind and solar energy, BlackRock has more recently begun buying into energy storage projects — including its acquisition last year of GE’s distributed solar and storage business. Looking out over the next few years, energy storage is one market “where we’ll see the opportunity set expand,” said Martin Torres, managing dire...
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