By Edith Hancock, PV Tech
Major telecoms provider Verizon has secured power purchase agreements (PPAs) for 845MW of solar electricity with four energy giants in the US. The PPAs with Lightsource BP, Invenergy, EDF Renewables and NextEra Energy Resources will be used to finance six solar projects which are due to be completed over the next two years. Read more here.
MORE CORPORATE RENEWABLE ENERGY PROCUREMENT NEWS
Largest Solar Project in US Underway in Texas, Earth911
Who will purchase the energy? Corporations have already signed virtual Power Purchase Agreements (PPAs) for Samson’s solar electricity. “The Samson Solar Energy Center is the latest example of what can be achieved when companies and utilities seek an innovative partner to meet their sustainability goals and invest in a clean energy future,” said Ted Romaine, senior vice president of origination at Invenergy.
Leading U.S. Energy Buyers Support National Unity – On Clean Power, That Is, Triple Pundit
Despite a decades-long disinformation campaign by fossil stakeholders and their allies, the latest data from Yale University’s program on Climate Change Communication reveal a strong majority consensus on climate change and climate science, highlighted by 86 percent support for funding that supports clean power research. There is no question that business leaders are on firm ground in the area of clean power.
Beyond Declining Battery Prices: Six Ways to Evaluate Energy Storage in 2021, Greentech Media
Contributed article by Aaroh Kharaya, “product manager for energy storage at Clean Energy Associates (CEA). He is a licensed Professional Engineer with nine years of experience in electrical power systems and is also a subject matter expert in battery energy storage systems.”
Manufacturer is building a new fully automated electrolyser factory in Norway, which will be expanded to 2GW, resulting in huge economies of scale.
Green hydrogen cost reduction, International Renewable Energy Agency
This report from the International Renewable Energy Agency (IRENA) outlines strategies to reduce electrolyser costs through continuous innovation, performance improvements and upscaling from megawatt (MW) to multi-gigawatt (GW) levels.
Canada is set to have one of the world’s biggest green hydrogen plants, CNBC
A major green hydrogen project in Canada took another step forward with an engineering contract awarded to a subsidiary of German industrial giant Thyssenkrupp. Canada could eventually be home to a number of green hydrogen facilities. Macquarie’s Green Investment Group, for example, is part of a consortium looking to develop another major plant that would be located in British Columbia, in the west of the country. Over the last few years, major firms including Repsol, Siemens Energy, Orsted and BP have gotten involved in projects connected to green hydrogen production.
BUILDING A GREEN ECONOMY & CLIMATE RESILIENCE
- Biden signs executive order aimed at addressing climate change, American Public Power Association
- Executive Order on Tackling the Climate Crisis at Home and Abroad, Whitehouse Briefing Room
- Biden’s secret weapon to cleaning up energy is spelled FERC, Seattle Times
Carbon Markets for Farmers
Previously Posted Indianapolis Star articles by Sarah Bowman and London Gibson
- There is a lot of money on the table with carbon markets. But farmers are skeptical.
As more greenhouse gases enter the atmosphere and more companies pledge to go carbon neutral, interest in creating a market for carbon capture through agriculture is growing. Agriculture is now being seen by many as an untapped resource, and carbon markets the way to tap it. “I think the potential is boundless, really,” said Mobley of The Nature Conservancy. “If it can work in Indiana, it can work anywhere in the country — politically, programmatically, with on-the-ground implementation, all of it.”
- 5 things you need to know about what Biden’s plan for a carbon market means for farmers
The incoming administration is proposing to create a carbon bank at the U.S. Department of Agriculture, which would buy credits from farmers and then sell them to corporations for offsets. Several other private carbon market programs have popped up, both from companies and non-profit organizations that are developing their own platforms.
GTM’S ENERGY GANG PODCAST
This week on The Energy Gang: What to make of Biden’s historic, sweeping actions on climate and clean energy?