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Sustainability

BP’s latest green pledge includes fossil fuel assets sell-off

The British energy company has pledged to raise investment in low-carbon energy – including biomass and natural gas-fired hydrogen – tenfold by 2030 and said it would reduce its upstream oil and gas activity 40% over the same period.

Germany launches first auction of coal-exit compensation payments

Federal network agency the Bundesnetzagentur has announced it will retire 4 GW of coal-fired generation capacity through the exercise, which will see plant operators compete to secure one-off payments in return for shuttering, or converting operations.

Ireland may allocate 796 MW of solar in first renewables auction

The government has announced the provisional results of the nation’s first renewable energy procurement exercise and says the 1 TWh auction will end up allocating more than 2.2 TWh of generation capacity for an average final electric price of €0.07408/kWh.

English councils tender for solar car parks and storage

Two local authorities on the English south coast are tendering for up to 250 kW of solar generation capacity and at least 300 kWh of energy storage under an arrangement which should not cost the cash-strapped councils a penny.

CPV panels for agrivoltaics

Swiss startup Insolight has raised €4.6 million to bring its concentrating PV module technology to commercial production. The panels have a claimed efficiency of 30% and power output of 160 W. Originally conceived for rootop solar, the product is now being recommended as an interesting option for agrivoltaic projects.

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Chevron turns to renewables to power Australian operations

The power company has announced it will build 500 MW of renewable energy projects to power some of its global facilities under a four-year agreement with Canada’s Algonquin Power & Utilities.

Texan utility tenders 900 MW of solar, 50 MW of storage

CPS Energy has taken the first step towards bringing those volumes – plus 500 MW of firming capacity – to the Lone Star State in pursuit of the power company’s 50%-renewables-by-2040 goal.

Renewables met half Germany’s power demand in first half

The Federal Environment Agency said clean energy provided 8% more electricity in the first six months of the year than in the same period of 2019. Solar accounted for 28 TWh.

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Northvolt secures $1.6bn backing for twin battery gigafactories

In a little over ten years, Northvolt aims to pour 150 GWh of batteries onto the European market, annually. The company is also working to source end-of-life batteries for half its raw materials.

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Microsoft trials hydrogen-powered data centers

The software giant has begun testing hydrogen fuel cells as a back-up power source at one of its U.S. data centers. A 250 kW pilot system successfully powered part of the facility for 48 hours and the company is now eyeing 3 MW systems to replace back-up diesel generators.

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