Global energy storage market to surge to 15 GW by 2024
As the sector continues to grow rapidly, delays in manufacturing scale-ups, difficulties sourcing raw materials and a separate path taken by the electric vehicle sector could all chuck ‘sand in the gears’, according to analyst Wood Mackenzie.
Corporations inked 19.5 GW of clean energy contracts in 2019
Corporations contracted a record amount of wind and solar energy through power purchase agreements in 2019, up more than 40% from the previous year’s record, says a new report from BloombergNEF. The bulk of this purchasing occurred in the U.S. with tech companies and oil and gas majors leading the charge.
European Utility Week: ‘The confidence is coming back’
The energy transition is becoming ever more apparent among power companies, as was evident at the European Utility Week event last week in Paris, which showcased the hopes and fears of energy companies. Rebranding next year to ‘Enlit’, the organizers aim to reach the whole energy industry.
Turkcell inaugurates data center with 1 MW rooftop array near Ankara
The telecommunications company opened a large data center near the Turkish capital. Turkcell said it wants to improve data security by storing more information on Turkish soil.
Google’s reverse auctions net 1.2 GW of renewables in 60 minutes
Google pre-qualified bidders and used reverse auctions to obtain the lowest price for renewable energy. Reverse auctions for corporate purchases could potentially benefit solar developers, if their transparency and simplicity can influence more corporations to procure green power.
Taiwan wants 3.7 GW of new solar by 2021
Prime minister Su Tseng-chang announced the ambition and said the new solar plan for 2019-20 will bring investment and business opportunities of around US$7.5 billion.
Google buys power from another 1.6 GW of renewables
The new deals worth $2 billion in new investments were made by the Internet giant in in the U.S., Chile and Europe.
Using machine learning and cheap satellite data to design rooftop solar power
Researchers have built a tool to use cheap satellite imagery – like Google Maps – to automatically create solar designs with a 91% accuracy rate.
Google signs first solar PPA in Asia
Global technology giant Google this week announced that it has signed an agreement to purchase the output from a 10 MW PV installation in Tainan City, Taiwan, to power its Changhua County data center on the island’s west coast. The agreement represents Google’s first move to procure renewable energy anywhere in Asia, and the first agreement made since a recent change to Taiwan’s Electricity Act allowed non-utility companies to buy renewable energy directly.
Google to build large solar plants in Tennessee and Alabama
The two biggest each have a capacity of 150 MW, with smaller plants bringing the total up to 413 MW. The projects are a part of the search engine titan’s effort to supply its annual electricity consumption from renewable sources.
