Image: Sage Geosystems Sage Geosystems will launch EarthStore this year, which uses geothermal energy storage to produce clean electricity on demand. The Houston-based geothermal baseload and energy storage company has entered into a land use agreement with San Miguel Electric Cooperative for a 3-megawatt (MW) geopressured geothermal system energy storage facility. The EarthStore system will
Solar energy innovations are all over the news as scientists develop new ways to produce more power from the sun and the true potential of solar to reduce emissions becomes clear. Generating energy from solar and wind is now cheaper than oil and gas in most scenarios, and investment in renewables is set to double investment in fossil fuels this
Researchers at the Massachusetts Institute of Technology have created microscopic zinc (Zn)-based batteries capable of delivering high energy in volumes of only two picoliters each. What’s more impressive is that one 2-inch silicon wafer could be used to create 10,000 of these micro-batteries, which would have enough energy to power tiny sensors and robotic parts.
Renewable energy insurers remain optimistic despite challenges, as the industry adapts to support the transition to a net-zero future, according to a report by WTW. Despite numerous risks facing the renewable energy market — including climate issues, casualty deterioration, social inflation, and geopolitical conflict — insurers entered 2024 with optimism for the sector, according to
Will BESS Be All That Useful in the Long Term?Porsche Porsche launches experimental battery energy storage system (BESS) from pre-production Taycan batteries, aiming to help its Leipzig plant during peak load times. The automaker is the latest VW Group brand to experiment with BESS, after Audi has built a similar, smaller system for its charging
Low-income Connecticut households could receive an extra $410 each in heating assistance this coming winter compared with the prior year based on a plan developed by Gov. Ned Lamont’s administration and approved Tuesday by three legislative committees. But the $1,760 maximum assistance level projected for the Connecticut Energy Assistance Program still is $560 per household
Keila Szpaller (Daily Montanan) NorthWestern Energy said in a recent letter it is “essential” for the utility to be able to close advisory meetings that are technical in nature, and it also said its technical advisors represent varying interests as required by law. The Montana Public Service Commission had requested the monopoly utility answer questions raised by
Job moves in solar, storage, cleantech, utilities and energy transition finance. August 14, 2024 pv magazine Peter Diamandis is joining the Advisory Board of PeroNova, a climate tech company, to develop new uses for this cost-effective and versatile material. Green Lantern Solar announced the promotion of Jon Sutton to Director of Engineering. Sutton, formerly Green
Cetera Advisors LLC purchased a new stake in Chord Energy Co. (NASDAQ:CHRD – Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 2,489 shares of the company’s stock, valued at approximately $444,000. Several other hedge funds and other
8 Rivers and Siemens Energy have formed a strategic partnership to develop cutting-edge direct-fired supercritical CO2 turbines for a variety of power sources. This collaborative effort, initiated in late 2023, aims to pave the way for commercial-scale projects in the future. Siemens Energy has selected a commercially available generator to complement the Allam-Fetvedt Cycle (AFC)