LATEST EUROPE POWER INDUSTRY NEWS FROM RENEWABLE ENERGY WORLD

Fortum last week said it has installed a lithium-ion battery storage system in conjunction with its biomass plant in Jarvenpaa, Finland.

 

Please Listen Up to this week’s Energy Show as Tom Kimbis, the Executive Vice President of the Solar Energy Industries Association, talks about SEIA’s Consumer Protection and Ethics Committees, as well as SEIA’s “Consumer Guide to Solar Power” and Residential Disclosure Forms.

The Fraunhofer Institute for Wind Energy and Energy System Technology this week said it has completed a four-week test of its Stored Energy in the Sea (StEnSEA) concept.

Aramco is the world’s largest oil company, but when it sells shares next year, its foray into renewable energy is what may lure investors who would otherwise be forced to stay away.

 

Governor Roy Cooper today said that Alevo will launch a major expansion at its facility in Cabarrus County, North Carolina, creating over 200 jobs over the next five years. The company will invest $251 million at its production operations in Concord.

 

Units of the commodities trader Vitol Group and the renewables investment fund Low Carbon Ltd. said they’d invest 250 million pounds ($311 million) to develop energy storage and distributed power-generation projects in the U.K.

 

Sizable reductions in the cost of solar equipment have created countless opportunities for developers operating in the Middle East and Africa to enter into power purchase agreements with commercial and industrial enterprises and to provide electricity at a lower rate than the local utility.

The U.K. government’s view of biomass as a carbon-neutral energy source is a “flawed assumption,” according to report from Chatham House.

 

The European Geothermal Energy Council last week said that enOware GmbH has received the European Geothermal Innovation Award 2017 for its miniaturized sensor for near-surface geothermal probes.

The idea that giant batteries may someday revolutionize electrical grids has long enthralled clean-power advocates and environmentalists. Now it’s attracting bankers with the money to make it happen.

 

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