Solar plants cheaper than natural gas ‘just about everywhere’ by 2023

by Karl-erik Stromsta, Greentech Media Solar will soon be able to out-compete gas-fired plants around the world on a levelized cost basis*. That doesn’t mean it will be any easier to make a living in the solar business. “By 2023, we think solar’s going to be cheaper than gas almost everywhere around the world,” Tom […]

Labor to link 4,000 solar schools in 364MW national virtual power plant

by Sophie Vorrath, One Step Off The Grid Federal Labor has unveiled plans to create a virtual power plant of solar schools across Australia, through $1 billion government loans scheme that would help schools to invest in rooftop panels and/or battery storage. The Solar Schools program, announced on Tuesday, would allocate up to $1 billion […]

Gov. Steve Sisolak

Nevada became the 4th state to commit to 100% carbon-free energy

by James DeHaven, Reno Gazette Journal Conservationists and clean energy advocates celebrated Monday as Gov. Steve Sisolak signed a bill to more than double the amount of renewable energy currently provided by Nevada’s electric companies. Senate Bill 358 was fast-tracked through the Democrat-dominated Legislature on Friday as an “emergency measure,” allowing Sisolak to sign it […]

Cheap renewables shave $10 trillion off cost to curb warming

by Brian Parkin, Bloomberg The cost of reaching global climate goals is falling rapidly as wind and solar prices plummet and policy makers push electrification as the main tool to cut pollution, the International Renewable Energy Agency said. The group known as Irena revised down its estimates for global investments needed by 2050 in clean […]

‘Historic breakthrough’: Norway’s giant oil fund dives into renewables

by Damian Carrington, Grist Norway’s $1 trillion oil fund, the world’s largest sovereign wealth fund, is to plunge billions of dollars into wind and solar power projects. The decision follows Saudi Arabia’s oil fund selling off its last oil and gas assets. Other national funds built up from oil profits are also thought to be […]

Oil-soaked Texas turns to solar for economic reasons

by Brian Eckhouse and Chris Martin, Bloomberg Texas, home to the world’s largest oil reserve and America’s biggest source of coal-fired power, is on the verge of a clean-energy boom. Wind already supplies about 15 percent of Texas’s electricity, and now developers are about to quadruple the state’s solar capacity, adding enough panels by 2022 […]

Europe stores electricity in gas pipes

by Peter Fairley, Scientific American Last month Denmark’s biggest energy firm, Ørsted, said wind farms it is proposing for the North Sea will convert some of their excess power into gas. Electricity flowing in from offshore will feed on-shore electrolysis plants that split water to produce clean-burning hydrogen, with oxygen as a by-product. That would […]

Florida utility plans world’s largest battery combined with solar

by Tom Kenning, Energy Storage Major US utility Florida Power & Light Company (FPL) is planning to build the world’s largest battery energy storage system adjacent to an existing solar power plant, with plans to roll out multiple other storage systems across the state. With the key proposed battery standing at 409MW capacity, the Florida […]

The race to build the world’s largest solar-storage plant is on

by Jim Efstathiou Jr, Bloomberg Last year, a company won a contract to build a 65-megawatt solar and battery farm in Arizona. A month later, the Saudis came out with a $200 billion plan to build the world’s biggest battery-backed solar farm by 2030. Then a firm proposed a nearly 500-megawatt solar-storage site in Texas’s […]

New wind and solar power is cheaper than existing coal in much of the U.S., analysis finds

by Dan Gearino, InsideClimate News Not a single coal-fired power plant along the Ohio River will be able to compete on price with new wind and solar power by 2025, according to a new report by energy analysts. The same is true for every coal plant in a swath of the South that includes the […]