Tri-State G&T To Boost Renewable Energy Goal To 50% By 2024


It announced this week it is closing several coal-fired plants early and building 8 new renewable energy projects in order to transition to 50% renewables by 2024. Tri State Generating & Transmission serves over 1 million customers in the American West.

US Energy Storage Market May Grow 12X By End Of 2024 (Interview)


The recent Wood Mackenzie Q4 2019 US Energy Storage Monitor report contains a number of insights about energy storage trends. Daniel Finn-Foley, head of energy storage research at Wood Mackenzie, generously answered some questions about the report for CleanTechnica.

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WoodMac: Global Energy Storage Installations to Hit 15GW by 2024


The global energy storage market quadrupled last year to 4 gigawatts of new installations and will surge to a 15-gigawatt annual market in 2024, even as system price declines slow down, according to Wood Mackenzie.

WoodMac: Bifacial Solar Market Set to Grow Tenfold by 2024


Furthermore, between 2019 and 2024, the size of the bifacial market is poised to increase tenfold. WoodMac predicts annual global bifacial module capacity will exceed 21 gigawatts by 2024, accounting for 17.2

Hydropower Market Projected to Install 1300 GW by 2024


Hydropower Market is set to grow from its current market was valued at over USD 1000 GW in 2017 to USD 1300 GW by 2024, according to a new research report by Global Market Insights, Inc

Battery costs for commercial market expected to drop 35% by 2024

Solar Power World

non-residential storage market by 2024. Commercial and industrial customers with predictable, peaky loads are increasingly turning to… The post Battery costs for commercial market expected to drop 35% by 2024 appeared first on Solar Power World.

'Not achievable': Energy UK warns fresh measures needed to meet 2024 smart meter target

Business Green

Trade body research suggests industry likely to fall short on government's ambition for 85 per cent of homes and businesses to have a smart meter installed by 2024

Global Solar Panels Market Overview, Dynamics, Trends, Segmentation, Key Players, Application and Forecast to 2024


The global solar panel market is driven by the increasing demand for renewable power sources, along with favorable government initiatives to promote the use of solar panels

Scottish Government proposes legal requirement for all owner occupier homes to hit EPC C from 2024

Business Green

Homes would need to hit EPC C after sale or renovation under radical new plans to accelerate energy efficiency improvements in private housing

Virginia Legislature Passes Sweeping Carbon Reduction & Renewable Energy Plan


Virginia this week passed a sweeping Clean Economy Act designed to reduce in-state carbon emissions to zero by 2050 and close most coal-powered generating stations by 2024.

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Morgan Stanley: 47GW of US coal capacity uneconomic by 2024

Business Green

Nearly 50GW of US coal power capacity will be unable to compete with renewables by 2024, according to analysis from US investment giant Morgan Stanley, which advises more than a dozen utilities to prepare to retire coal plants and replace them with cheaper renewables projects.

Government to pump £200m into EV charge points

Business Green

First £70m will double number of rapid chargers by 2024

Amazon signs on for another 410 MW of solar in United States

Solar Power World

Amazon’s commitment to reach 80% renewable energy by 2024 and 100% renewable energy by 2030 is still on track, with the company announcing five new projects in China, Australia and the United States.

15 New Electric Articulated Buses Deployed In NYC — 500 Planned To Serve All 5 Boroughs


The now historic 2020–2024 Capital Plan includes $1.1 New York City's MTA announced on December 15, 2019, that it has deployed the first phase of its new all-electric articulated bus fleet. billion to acquire 500 new electric buses to serve all 5 boroughs. This first phase includes 15.

Honda To Use GM’s Ultium Battery, Super Cruise Hands-Free Driving System In New Electric Car Models

Forbes Green Tech

Honda will introduce new EVs in 2024 using GM's new 3rd-gen electric vehicle architecture and Ultium battery system as well as Super Cruise

IEA: Solar set for 'spectacular' growth over next five years

Business Green

New forecasts from International Energy Agency suggest world will add 1,200GW of new renewables capacity by 2024

Heavy-Duty Hydrogen: Fuel Cell Trains And Trucks Power Up For The 2020s

Forbes Green Tech

in Southern California in 2024 when a hydrogen-powered FLIRT train from Stadler begins operation. Zero-emission “hydrail” projects kick off in the U.S. By that time startup Nikola aims to be building thousands of hydrogen semi-trucks

Global renewable energy is projected to rise by 50% in the next 5 years, IEA finds

Inhabitat - Innovation

In the report, industry trends show that the world’s total renewable-based power capacity will grow by 50% between 2019 and 2024, increasing by 1.2 The International Energy Agency (IEA) recently released its Renewables 2019 market forecast, detailing analysis on renewable energy and technologies. terawatts. Solar photovoltaic (PV) systems shall account for 60% of that increase. . Established in 1974, under the Organization for Economic Development and Cooperation (OECD), the IEA is an

Giant offshore wind farm takes further steps toward construction in New Jersey

Renewable Energy World

Construction is expected to commence in the early 2020s, with the wind farm operational in 2024. Last week, the New Jersey Board of Public Utilities announced it selected Ocean Wind, an offshore wind energy project proposed by Ã?rsted

Volkswagen invests €450 million in Northvolt battery operations at Salzgitter


Construction is scheduled to commence before the end of this year, and production is expected to start in early 2024 at an initial annual production capacity of 16 GWh. Volkswagen recently announced that it will erect buildings and infrastructure for a new factory in Salzgitter, under its joint venture with Swedish battery producer Northvolt AB. Volkswagen will invest €450 million in the new Northvolt Zwei facility, which will produce lithium-ion battery cells.

Solar Tracker Vendors Are Expanding Their Offerings


While this year has seen an exceptionally large jump, the tracker market will grow on average by 11 percent annually from 2019 through 2024. By the end of 2019 the global ASP will start declining and will continue to fall at an average of 2 percent annually through 2024, even as U.S.

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GM and Honda to jointly develop two new EVs for North America


Sales are expected to begin in the 2024 model year in Honda’s US and Canadian markets. General Motors and Honda have agreed to jointly develop two all-new EVs—and not just for China! The two new models will be based on GM’s new global EV platform and Ultium batteries , and will be produced at GM plants in North America. They will bear Honda nameplates, and the exteriors and interiors will be designed exclusively by Honda.

WoodMac: Mexico Set to Miss Clean Energy Target Under AMLO


AUSTIN — Mexico will fall short of its 35 percent clean energy target for 2024 due to unfavorable policy changes made under President Andrés Manuel López Obrador, Wood Mackenzie predicts.

California Finalizes Plan Shifting Key Energy Storage Incentive Toward Blackout Resilience


Its vehicle is the Self-Generation Incentive Program , the state’s premiere incentive for energy storage and on-site generation technologies, which will now direct 63 percent of its $830 million in new funding through 2024 to a newly created “equity resilience budget.”

GE Wins First Big Orders for 12MW Offshore Wind Turbine


waters between 2022 and 2024. GE on Thursday announced it has secured “preferred turbine supplier” status for Orsted’s 120-megawatt Skipjack and 1,100-megawatt Ocean Wind projects, scheduled for completion off Maryland and New Jersey in 2022 and 2024.

US May Host First Factory for Siemens Gamesa’s 14MW Offshore Turbine


The turbines will be ready for commercial installation sometime around 2024. That project is also set to begin construction around 2024 The world’s biggest wind turbine will be used at the largest U.S.

Our Most-Read Research Spotlights From 2019


Global Energy Storage to Hit 158 Gigawatt-Hours by 2024, Led by US and China (April 2019). In Wood Mackenzie’s first ever global energy storage market report, analysts found that the global energy storage market will hit 158 gigawatt-hours by 2024, which has since been updated.

Why Innovation Is Key to Accelerating Battery Storage Growth


According to Wood Mackenzie Power & Renewables, global installations will reach 15 gigawatts per year by 2024. The report projected that those price declines will accelerate over the next five years, with all-in storage system costs falling by another 27 percent by 2024.

After Pandemic, New York’s Buildings Face Daunting Decarbonization Mandate


Owners of noncompliant buildings face the prospect of multimillion-dollar annual fines beginning in 2024. Under Local Law 97, buildings larger than 25,000 square feet are required to meet emissions caps beginning in 2024.

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Hawaiian Electric Reveals Full List of Winners From Its Big Energy Storage Procurement


HECO has structured its contracts to provide grid capacity and "dispatchable" renewable energy to manage grid stability after it closes the Oahu coal plant in 2022 and an oil-fired power plant on Maui in 2024.

California Seeks to Shift Major Battery Incentive Toward Fire, Blackout Resiliency


On Wednesday, the California Public Utilities Commission issued a proposed decision ( PDF ) that would shift the majority of SGIP’s roughly $815 million budget through 2024 away from standard behind-the-meter battery systems and toward its “equity resilience budget.”

Does Australia Have Too Much Rooftop Solar?


Intermittency, over-voltage, over-generation, and negative pricing concerns will continue to grow as variable renewable energy capacity increases by 70% by 2024 across Australia.

PacifiCorp Embraces Massive Renewables Buildout, Early Coal Retirements


1,415 megawatts of new solar in Wyoming paired with 354 megawatts of battery storage, phased in between 2024 and 2038. 814 megawatts of new solar in Washington paired with 204 megawatts of battery storage, phased in between 2024 and 2036.

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MHI Vestas Wins 1.1GW Turbine Order for UK Offshore Wind Farm


“In addition to SSE's turbine sourcing strategy, GE may not be in a position to supply any potential volumes by the 2024 time frame, as they have secured 4.8 Unless significantly expanded, the current capacity will not be able to provide additional volumes for delivery before 2024.".

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Balance-of-System Costs Falling for Non-Residential Storage


Over the next five years, system costs will decline further, with all-in costs falling by more than 27 percent by 2024, according to a new Wood Mackenzie report that looks at the pricing landscape for the U.S. will drop 35 percent by 2024, as manufacturers achieve new economies of scale.

Mexico’s Renewables Market Remains Mired in Uncertainty


Things took another, seemingly more positive turn last month when Energy Secretary Rocío Nahle García remarked that the fourth auction will "probably" still take place, while confirming that Mexico still stands by its 35 percent renewables target for 2024. Beyond its 35 percent renewables target for 2024, Mexico, a signatory to the Paris climate agreement, plans to ramp up to 40 percent renewables in 2035 and 50 percent in 2050.

UPS orders 10,000 electric vans from UK startup Arrival


The new EVs will be rolled out between this year and 2024 in the UK, Europe and North America. The days of small-scale pilots in the commercial fleet markets would seem to be over, and good riddance to them.

Sweden becomes third European country to close its last coal power plant

Business Green

For example, in the UK the final coal plant is not set to close until 2024, but recent years have seen coal capacity contract sharply, while coal's share of the grid has fallen to below 10 per cent with the summer months seeing lengthy periods when coal plants do not operate

Amazon orders 100,000 electric delivery vans from Rivian


Bezos said the first EVs will be on the road by 2021, and hopes to deploy all 100,000 vehicles by 2024. Amazon CEO Jeff Bezos has announced a far-reaching plan to reduce his company’s environmental footprint.

UK to invest £400 million in expanding EV charging infrastructure


The initial investment of £70 million will be used to create 3,000 rapid charge points by 2024. The government of the UK plans to invest over £500 million (about $626.4 million) in green technologies, including £400 million to develop rapid charging points across the country. The UK currently has around 2,000 rapid charge points.