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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. gigawatts of energy storage over the next 15 years. Credit: Dominion Energy). 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

clean energy sectors showed strong resilience in 2020, continuing a decade-long growth trend, BloombergNEF (BNEF) and the Business Council for Sustainable Energy (BCSE) find in their annual joint report. Greenhouse Gas Emissions Source: BloombergNEF estimate. Energy demand for electricity and transportation fell by 3.8%

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Low carbon generation set to meet electricity demand growth – IEA

Smart Energy International

Managing power grid complexity: The 5 biggest priorities for utilities in 2024 Energy Transitions Podcast: Accelerating decarbonised power generation at scale Notable expansion of the data centre sector also is likely, with consumption from data centres, AI and the cryptocurrency sector potentially doubling by 2026.

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Can the US Catch Up in the Green Hydrogen Economy?

GreenTechMedia

Hydrogen Economy” report forecasts that hydrogen from low-carbon sources could supply roughly 14 percent of the country’s energy needs by 2050, including hard-to-electrify sectors now dependent on natural gas such as high-heat industrial processes or manufacturing fertilizer.

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Sage Geosystems Unveils Results of Energy Storage System Pilot

Solar Industry

a geothermal baseload and energy storage company based in Houston, has released results and data from its full-scale commercial pilot confirming the performance of its energy storage system that can provide short- or long-duration storage (EarthStore). Sage Geosystems Inc. ,

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Sage reports successful results of underground energy storage pilot

ThinkGeoEnergy

(Sage), a geothermal baseload and energy storage company, has announced the results and data from their full-scale commercial pilot of EarthStore – the company’s energy storage system that can provide short- or long-duration storage. Sage will present their energy storage pilot results tomorrow at the PIVOT 2023 conference.

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