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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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Britain's power grid celebrates greenest day and month on record in 2022

Business Green

More than half of the UK's electricity came from zero carbon sources across five months last year, as Britain celebrated a flurry of fresh green grid records in 2022, according to National Grid ESO. Indeed, gas power continued to play a major role on Britain's grid last year, providing 38.5

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Renewables overtake fossil fuels in 2020 as Britain's power grid enjoys 'greenest year' yet

Business Green

Wind and solar alone generated around 30 per cent of Britain's electricity in 2020, while biomass provided seven per cent, and hydropower made up 1.6 Nuclear power, meanwhile, provided 17.5 per cent of Britain's power last year, while imports accounted for just under seven per cent.

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Low carbon generation set to meet electricity demand growth – IEA

Smart Energy International

The IEA’s Electricity 2024 report records electricity demand growth easing in 2023 but is projected to accelerate over the next three years through 2026. The update finds that world demand for electricity grew by 2.2% Nuclear power generation also is expected to reach an all-time high, with growth averaging close to 3% per year.

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Can the US Catch Up in the Green Hydrogen Economy?

GreenTechMedia

needs a massive green hydrogen industry to decarbonize its electricity, transportation and industrial sectors, and major investments and policy changes today to enable it to grow to its full potential in the decades to come.

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

GreenTechMedia

Dominion’s new IRP is driven by Virginia's Clean Economy Act passed earlier this year, which calls for 100 percent carbon-free electricity by 2045 and sets targets for energy efficiency, energy storage, and in-state solar and wind power. Under the law, Dominion Virginia and the smaller Appalachian Power Co.

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New Sustainable Energy Factbook shows 2020 was ‘blockbuster’ year for renewables in America

Renewable Energy World

Energy demand for electricity and transportation fell by 3.8% The impacts of cleaner electricity generation will persist. GW of wind and solar capacity was added to the grid this year. Electricity Generation By Fuel Type in 2020. Notable clean energy statistics from the pandemic year include: Power Generation.