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Paris-based global energy company, TotalEnergies, is developing a 100% renewable fuel for motorsport competition, to be introduced next season at the FIA World Endurance Championship (WEC), including the 24 Hours of Le Mans 2022, and at the European Le Mans Series (ELMS). ....
Houston-based EDP Renewables (EDPR), the fourth largest renewable energy producer in the world, announced that its 180-megawatt (MW) Wildcat Creek Wind Farm, located in Cooke County, Texas, has reached commercial operations and is producing energy. ....
BIC Magazine June 3, 2021 BPÂ boosted its investment in U.S. renewables with a $220 million purchase of solar projects from developer 7X Energy. The acquisition represents a significant step towards bpâs target of growing its net developed renewable generating capacity to 20GW by 2025 and aim to increase this to 50GW by 2030. The deal will also grow bpâs renewables pipeline from 14GW to 23GW. These assets will be developed through bpâs 50-50 solar joint venture Lightsource bp, a global leader in solar energy, applying Lightsource bpâs capabilities to accelerate bpâs renewables targets. âWith this purchase, we are continuing to put our strategy in action as we grow our renewables business in a deliberate and disciplined way. It brings us 9GW of high-quality solar projects in markets where we can create integrated renewable energy offers through our trading and customer franchises, said Dev Sanyal, bp executive vice president of g ....
BIC Magazine March 11, 2021 The California Energy Commission has selected the Advanced Electrolyzer System (AES) technology for hydrogen energy storage. AES will recover hydrogen from waste syngas sources using excess electricity. âThis is a Win-Win solution for California State by creating higher Value from Waste,â said Pinakin Patel, President of T2M Global. The Phase 1 of the AES project is $1.2 million to validate lower cost hydrogen production. It will open a pathway for a potential demonstration of $6 million hydrogen energy storage to enhance microgrid resiliency in California, a multi-billion dollars market. The Advanced Electrolyzer System (AES) is a world-class system created by the team led by Pinakin Patel at T2M Global. Its proprietary technology allows for much lower cost production of hydrogen with no greenhouse gas emissions. AES is the only technology capable of producing high purity green hydrogen at highly competitive costs. AES targets $5 ....
BIC Magazine March 3, 2021 In both 2019 and 2020, project developers in the United States installed more wind power capacity than any other generating technology. According to data recently published by the U.S. Energy Information Administration (EIA) in its Preliminary Monthly Electric Generator Inventory, annual wind turbine capacity additions in the United States set a record in 2020, totaling 14.2 gigawatts (GW) and surpassing the previous record of 13.2 GW added in 2012. After this record year for wind turbine capacity additions, total wind turbine capacity in the United States is now 118 GW. The impending phaseout of the full value of the U.S. production tax credit (PTC) at the end of 2020 primarily drove investments in wind turbine capacity that year, just as previous tax credit reductions led to significant wind capacity additions in 2012 and 2019. In December 2020, Congress extended the PTC for another year. ....