Renewable Energy Development
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CGTN︱Suzhou hosts 2025 International Forum on Energy Transition
国家能源局· 2025-10-25 12:29
Core Insights - The International Forum on Energy Transition marks its 10th anniversary, serving as a high-level platform for global dialogue on clean energy [3] - In 2022, renewable power capacity increased by 585 Gigawatts, with over 90% of new power capacity coming from renewable sources [3][4] - China plays a crucial role in the global energy transition, accounting for 40% of the new renewable power capacity [4] Renewable Energy Development - China's installed renewable energy capacity has risen from 28% to approximately 60% since 2012, establishing the largest renewable energy infrastructure globally [4] - The forum showcases various infrastructure projects in China that generate renewable energy from diverse sources, including solar, wind, hydrogen, and nuclear power [5] Innovations and Sustainability - The focus on consumption at the forum highlights innovations that convert waste into useful products, such as jackets made from captured carbon dioxide and bags from recycled plastic bottles [5] - A joint vision for global energy transition aims for tangible outcomes, including reduced pollution and a more hospitable climate [5]
Scout Clean Energy and Partners Hold Blade Signing Ceremony for Nimbus Wind Farm
Globenewswire· 2025-10-24 14:00
GREEN FOREST, Ark., Oct. 24, 2025 (GLOBE NEWSWIRE) -- Scout Clean Energy (“Scout”), a leading North American renewable energy developer-owner-operator, held a blade signing event yesterday at the Nimbus Wind Farm (“Nimbus”) in Green Forest, Arkansas, joining project stakeholders to celebrate the project’s successful progress as construction continues. Joining Scout staff at the event were construction and financing partners, community members and officials, as well as many of the 50+ landowners participatin ...
Montauk Renewables Schedules Third Quarter 2025 Conference Call for Thursday, November 6, 2025, at 8:30 a.m. ET
Globenewswire· 2025-10-23 20:30
Core Points - Montauk Renewables, Inc. will host a conference call and webcast on November 6, 2025, at 8:30 a.m. Eastern time to discuss its financial results for Q3 2025 [1] - A press release detailing the financial results will be issued after the close of regular stock market trading hours on the day prior to the conference call [1] Conference Call and Webcast Details - The conference call and webcast will take place on November 6, 2025, at 8:30 a.m. ET [2] - Participants must register in advance using a provided link, which will also give access to dial-in numbers and a unique access pin [2] - A live Q&A session will be included, and a replay will be available after 11:30 a.m. ET on the same day through November 6, 2026 [3] Company Overview - Montauk Renewables, Inc. specializes in the management, recovery, and conversion of biogas into renewable natural gas (RNG) [4] - The company captures methane to prevent its release into the atmosphere and converts it into RNG or renewable electricity for the grid [4] - Headquartered in Pittsburgh, Pennsylvania, Montauk has over 30 years of experience in landfill methane-fueled renewable energy projects, operating 13 projects across several states [4]
PowerBank Announces 1.76 MW Solar Project in Upstate New York
Prnewswire· 2025-10-16 12:00
Core Insights - PowerBank Corporation has executed a lease agreement for a 1.76 MW DC ground-mount solar power project in Upstate New York, known as the NY-Hemlock Hill project, which is expected to power the equivalent of 200 homes [1][5] - The project aims to contribute to New York's goal of achieving 6 GW of solar capacity by 2025, with PowerBank being a significant player in the community solar sector [5][4] - The company has a proven track record with over 100 MW of completed projects and a development pipeline exceeding 1 GW, positioning it well for the execution of this project [4][7] Project Details - The NY-Hemlock Hill project will operate as a community solar project, allowing renters and homeowners to benefit from solar energy without installing panels on their properties, thus reducing their electricity costs [3][5] - The company is currently submitting the interconnection application and has begun preliminary screening analysis, with plans to complete the permitting process and secure financing for construction [2][4] Strategic Importance - New York accounts for nearly one-third of the United States' installed solar capacity, which stands at 6.2 GW, highlighting the strategic importance of the NY-Hemlock Hill project in the broader context of renewable energy development [5][4] - PowerBank's strategic partnerships and institutional-grade development capabilities enhance its ability to deliver impactful renewable energy solutions [4][7]
US Cancels Major Solar Project in Nevada Biden Had Supported
MINT· 2025-10-10 20:15
Core Viewpoint - The cancellation of the Esmeralda Seven solar project in Nevada represents a significant setback for renewable energy development under the Trump administration, reflecting a broader trend of limiting clean energy initiatives on federal lands [1][5]. Project Overview - The Esmeralda Seven solar farm was proposed to include seven solar farms covering 118,000 acres of federal land northwest of Las Vegas, aiming to be one of the largest photovoltaic power plants globally [2]. Regulatory Changes - The Interior Department has introduced new permitting reviews and requirements for wind and solar farms on public lands, which critics argue hinder the development of clean-energy projects [3]. - A directive mandates that the Interior Secretary must personally approve 69 separate wind and solar project proposals, alongside an energy-capacity density standard that may pose challenges for solar projects [4]. Industry Response - NextEra Energy Inc. has expressed its commitment to continue working with the Bureau of Land Management on the project's environmental analysis despite the cancellation [4]. - The cancellation of Esmeralda Seven is part of a broader trend affecting all public lands solar projects in Nevada, indicating a halt in renewable energy advancements since the Trump administration took office [5].
特朗普政府内华达州大型太阳能项目
Xin Lang Cai Jing· 2025-10-10 19:51
Core Viewpoint - The cancellation of a large solar project in Nevada reflects the Trump administration's ongoing efforts to limit the development of renewable energy in the United States [1] Group 1: Project Details - The Esmeralda Seven Solar Project has been officially listed as "canceled" on the Bureau of Land Management's website [1] - The project was proposed by developers including NextEra Energy Inc. and Invenergy, consisting of seven solar power plants covering an area of 118,000 acres [1] - It was intended to become one of the largest photovoltaic power plants in the world [1] Group 2: Government Response - The U.S. Department of the Interior stated that developers can now choose to submit individual project proposals to the Bureau of Land Management for more effective analysis of potential impacts [1]
X @Bloomberg
Bloomberg· 2025-10-10 13:25
Renewable Energy Policy - The US is canceling a large solar project in Nevada [1] - The cancellation is attributed to President Trump's efforts to limit renewable energy development [1]
Boralex will release its 2025 third quarter financial results on November 7, at 11 a.m.
Globenewswire· 2025-10-08 13:30
Core Points - Boralex inc. will release its 2025 third quarter results on November 7, 2025, at 11 a.m. ET [1] - A conference call will be held for financial analysts and investors to discuss the results [1] - The financial information will be available through a press release and on Boralex's website at 7 a.m. on the same day [3] Company Overview - Boralex has been providing affordable renewable energy for over 35 years and is a leader in the Canadian market [4] - The company is the largest independent producer of onshore wind power in France and has facilities in the United States and development projects in the United Kingdom [4] - Over the past five years, Boralex's installed capacity has increased by more than 50% to over 3.3 GW [4] - The company is developing a portfolio of projects totaling 8.2 GW in wind, solar, and storage [4] - Boralex has been recognized as the Best Corporate Citizen in Canada by Corporate Knights and is committed to corporate social responsibility [4]
Hagersville Battery Energy Storage Park honoured by CanREA for the Innovative Canadian Clean Power Project of the Year award
Globenewswire· 2025-10-07 16:25
Core Insights - Boralex and Six Nations of the Grand River Development Corporation have been awarded the Innovative Canadian Clean Power Project of the Year for the Hagersville Battery Energy Storage Park, highlighting their commitment to advancing renewable energy in Canada [1][2]. Project Overview - The Hagersville Battery Energy Storage Park, located in Haldimand County, Ontario, is set to become Canada's largest battery storage facility, providing 300 MW / 1.2 GWh of flexible capacity to the provincial grid [3]. - The project is recognized for its innovative approach to large-scale energy storage and its equitable Indigenous partnership, showcasing adaptive land reuse [3][5]. Leadership and Collaboration - Leaders from both Boralex and SNGRDC emphasized the importance of collaboration in driving clean energy initiatives, with statements reflecting their commitment to low-carbon and reliable energy solutions [4]. - The project is seen as a model for inclusive development, creating local jobs and generating long-term revenues while reinforcing the role of Indigenous energy leaders in the clean energy transition [4][5]. Industry Impact - The Hagersville Battery Energy Storage Park is expected to strengthen Ontario's electricity grid, providing critical energy capacity that supports economic growth and energy resilience [4]. - The project exemplifies how innovation, collaboration, and social responsibility can drive Canada's clean energy future [4][5]. Company Background - Boralex has over 35 years of experience in providing affordable renewable energy and is a leader in the Canadian market, with a significant increase in installed capacity of over 50% to more than 3.3 GW in the past five years [6]. - Six Nations of the Grand River Development Corporation manages a diverse energy portfolio with a total capacity of 2.5 GW, including battery storage, solar, and wind projects [8].
Chinese solar inverter and energy storage giant Sungrow seeks Hong Kong IPO
Yahoo Finance· 2025-10-07 09:30
Core Insights - Sungrow Power Supply, the largest producer of solar inverters and energy storage systems globally, is planning to list shares in Hong Kong to capitalize on the stock market boom [1] Company Overview - Sungrow, based in Hefei, Anhui province, has achieved a cumulative installed capacity of 870 gigawatts of solar inverters as of June 30, representing a 25.2% market share by global shipment volume [2] - The company is also the leading producer of energy storage systems, with 70 gigawatt-hours of cumulative shipments and an 11.9% global market share projected for 2024 [3] - Sungrow has maintained its position as a leader in global shipment volumes of photovoltaic inverter products for 10 consecutive years [4] Market Context - The company was listed on the Shenzhen stock exchange in 2011 and is now seeking to expand its presence in Hong Kong amid a favorable market environment [4] - Recent US-China trade negotiations have impacted tariffs on battery energy storage systems, with the effective tariff lowered to 40.9% in May but expected to rise to 58.4% from January 1 [5] - Although inverters are not directly affected by tariff increases, they are crucial components in the solar equipment supply chain, making them indirectly impacted by tariffs on Chinese imports [5] Financial Performance - As of September 30, Sungrow's shares closed at 161.98 yuan, reflecting a 125% increase in stock value for the year, resulting in a market capitalization of 336 billion yuan (approximately US$47.2 billion) [7]