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Hitachi Completes Acquisition of ABB Power Grids to Tackle Renewable Energy’s Rise

GreenTechMedia

Japan’s Hitachi has completed its acquisition of a majority stake in ABB Power Grids worth up to $7.8 billion, creating a new business aimed at tackling the renewable and distributed energy frontiers of the power industry. percent stake in the venerable power grids unit of the Swiss-Swedish engineering giant.

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Dominion Targets 24GW of Renewables and Storage in Move Toward Virginia’s Clean Energy Goals

GreenTechMedia

Utility Dominion Energy is planning a major shift toward renewable energy and batteries as it looks to comply with Virginia's ambitious new clean energy law. That’s a big boost from previous plans to build four pilot battery projects this year and study them for the next five years before committing to a broader buildout.

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Can the US Catch Up in the Green Hydrogen Economy?

GreenTechMedia

Dutch oil giant Shell, which is planning a gigawatt-scale, wind power-driven hydrogen cluster in the Netherlands, is also building hydrogen fueling stations in Los Angeles to serve these ports fuel cell vehicle’s needs, Wayne Leighty, the company’s hydrogen fuel business development manager, said.

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A 21st-century reinvention of the electric grid is crucial for solving the climate change crisis

Renewable Energy World

Hailed as the greatest invention of the 20th century , our now-aging grid was based on fundamental concepts that made sense at the time it was developed. The original foundation was a combination of “base load” coal plants that operated 24 hours a day and large-scale hydropower. Innovations that make 100% clean power possible.

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MIT Study: Transmission Is Key to a Low-Cost, Decarbonized US Grid

GreenTechMedia

wide transmission build-out could also slash the costs of reaching a zero-carbon grid with wind, solar and battery technologies that are cost-effective today. All of these benefits can be captured with solar, wind, existing hydropower and lithium-ion battery technologies at projected 2030 prices, he added.

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Solar, Wind Tax Credit Extensions and Energy R&D Package in Spending Bill Before Congress

GreenTechMedia

More states should be emboldened to join ranks with states that have adopted ambitious offshore wind mandates to support decarbonization of their power grids." R&D for clean energy, energy storage, carbon capture and nuclear power. Nuclear power will receive $6.6 Another $2.36 billion in funding.

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