Power conversion system revenues to reach $12.7bn by 2029
APAC accounts for 49% of PCS shipments in 2023. Demand for BESSs is fueled by rising electricity prices and growth of the renewable energy sector, particularly in EMEA. Installation rates for BESSs are expected to grow by a CAGR of 26% between 2022 and 2030 in APAC. The global PCS market was worth $8.2bn in 2023, compared with $7.3bn in 2022. London, 24th January 2024 – According to a new market intelligence report by specialist research firm Interact Analysis, global b...
EDP Renewables North America Announces Operations Commencement of Sharp Hills Wind Farm in Alberta, Canada
Sharp Hills Wind Farm’s 297 megawatts of installed capacity will aid in investments throughout local communities in Alberta Alberta, Canada, January 22, 2024 — EDP Renewables North America (EDPR NA), a leading renewable energy developer and a top five renewable energy operator in the United States, alongside EDP Renewables Canada Ltd. (EDPR Canada), celebrates Sharp Hills Wind Farm becoming operational near the hamlets of Sedalia and New Bridgen in Alberta, Canada. The energy offtaker fo...
Stardust Power selects Oklahoma for largest battery-grade lithium refinery in the U.S.
TULSA, Okla., January 16, 2024 – Stardust Power Inc., a development stage American manufacturer of battery-grade lithium products, announced today that it has selected Southside Industrial Park in Muskogee, Oklahoma to build a new battery-grade lithium refinery, and is expected to be eligible to receive up to $257 million in state and federal economic incentives for the facility build-out. The Company may also be eligible for further federal grants and or incentives offered by the Department of...
Creating a solid foundation for economic development
The Dangote Group planned a world-class new refinery in Nigeria that would reduce the country’s reliance on imported energy and bring with it over 30,000 jobs. It was a project requiring some truly massive moves – among the continent’s largest, in many cases. But before work could even begin, the team had to tame this patch of reclaimed swampland, turning it into a stable heavy lift surface. To support the drive for growth, Africa is looking to reduce reliance on imports; producing more of i...
New ESIG Report: Opportunities to Evolve Grid Planning for Electric Vehicles
Reston, Va. – The Energy Systems Integration Group (ESIG) has released a new report, Charging Ahead: Grid Planning for Vehicle Electrification, a national-level examination of transportation electrification challenges that impact integrated distribution planning. The report’s primary audiences are utilities, utility regulators and other state decision-makers, EV manufacturers, charge station operators, aggregators, and other technical experts. It explores the challenges of grid planning for elec...
Global Utilities & Independent Power Producers 2024 Outlook: A Steady Track to Electrification
We view the 2024 outlook for utilities and independent power producers to be neutral. While we believe the sector continues to face challenges driven by climate change and general affordability concerns, these have been tempered somewhat by interest rates that appear to be stabilizing and lower inflationary pressures. Key Highlights: -- Our outlook for the industry is neutral despite the significant capital expenditures (capex) needed for the electrification of the economy – which could pres...
CIP and Avangrid Announce First Power from Vineyard Wind 1
Developers complete early-stage commissioning work to deliver first-ever power from offshore wind to Massachusetts BOSTON - Copenhagen Infrastructure Partners (CIP), a global leader in greenfield renewable energy investments, and Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced that power from the Vineyard Wind project was delivered to the New England grid for the first time. As part of the initial commissioning process, at...
New York Power Authority Issues RFI on Renewable Energy Development Opportunities in New York State
WHITE PLAINS—The New York Power Authority (NYPA) today issued a Request for Information (RFI) to understand potential interest and opportunities for NYPA to collaborate with renewable developers, contractors, and companies to develop, own, and operate renewable energy generating projects and storage systems, including solar photovoltaic energy, wind energy, and battery energy storage. The RFI seeks to advance takeaways identified in the Power Authority’s recently published Conferral Report, whic...
Coastal Virginia's new offshore wind farm will supply more than 660,000 US homes with renewable energy
Located about 27 miles off the coast of Virginia Beach, this wind farm, the largest one in the US, will have 176 turbines and will prevent the emission of greenhouse gasses equivalent to those produced by one million vehicles per year. Sarens will be in charge of receiving and loading out the monopiles and transition pieces for the 176 turbines, as well as the jackets and topsides for the three offshore substations that will make up the facility, in a job that will last until 2025. The Coa...
Resource-efficient and climate-friendly with sodium-ion batteries
Sodium-ion batteries contain sodium – a very common substance found in table salt – instead of lithium. Credit: Chalmers The transition to a society without fossil fuels means that the need for batteries is increasing at a rapid pace. At the same time, the increase will mean a shortage of the metals lithium and cobalt, which are key components in the most common battery types. One option is a sodium-ion battery, where table salt and biomass from the forest industry make up the main raw materi...
Stormwater Interview with Robert Page, P.E., Vice President, HNTB
Santa Barbara County North Branch Jail Expansion
February Issue 2026
