Tag: Solar

IRS Grants Wind and Solar Sectors Critical COVID-19 Reprieves

Credit to Author: Sonal Patel| Date: Thu, 28 May 2020 14:57:02 +0000

The post IRS Grants Wind and Solar Sectors Critical COVID-19 Reprieves appeared first on POWER Magazine.

Wind turbine

The U.S. Internal Revenue Service (IRS) has granted a one-year extension of the continuity safe harbor, providing much-needed relief for many wind developers, which, crippled by pandemic-related delays, were racing to complete projects before crucial tax incentives expired at the end of this year.  In its May 27–issued Notice 2020-41, the IRS essentially modified prior […]

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With Vogtle Completion in Sight, Southern Company Targets Net-Zero Carbon Emissions

Credit to Author: Aaron Larson| Date: Thu, 28 May 2020 13:26:44 +0000

The post With Vogtle Completion in Sight, Southern Company Targets Net-Zero Carbon Emissions appeared first on POWER Magazine.

vogtle-nuclear-power-plant-construction

Fresh off the announcement that the final module for Vogtle Unit 3 was placed at the nuclear expansion project in Georgia, Southern Company said on May 27 that it was setting “a long-term greenhouse gas (GHG) emissions reduction goal of net-zero emissions by 2050.” The announcement was made during Southern Company’s annual stockholders meeting, which […]

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IEA: Renewables Showing Resiliency Despite Serious COVID Disruptions

Credit to Author: Sonal Patel| Date: Wed, 20 May 2020 13:34:32 +0000

The post IEA: Renewables Showing Resiliency Despite Serious COVID Disruptions appeared first on POWER Magazine.

Renewable power sources will mark their first annual decline in new additions in 20 years, owing to delays in construction activity, supply chain disruptions, lockdown and social distancing measures, and emerging financing challenges related to the COVID-19 pandemic. Despite this, the sector has showed “impressive” resilience, said the International Energy Agency (IEA) in a new […]

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Analysts Say 594,300 Jobs in Clean Energy Lost to Pandemic

Credit to Author: Darrell Proctor| Date: Wed, 13 May 2020 18:32:25 +0000

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Four groups analyzing data from the U.S. Dept. of Labor said more than half-a-million jobs in the clean energy sector were lost in March and April due to shutdowns caused by the coronavirus pandemic. The losses, representing about 18% of the industry’s total workforce, were detailed in a report released May 13. The groups said […]

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Feds Approve Largest U.S. Solar Project

Credit to Author: Darrell Proctor| Date: Mon, 11 May 2020 19:20:40 +0000

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A Nevada installation that would be the largest solar power project in U.S. history was approved by the U.S. Department of the Interior on May 11. The estimated $1 billion, 690-MW Gemini solar photovoltaic electric generating facility is sited on 7,000 acres about 30 miles northeast of Las Vegas. Interior Secretary David L. Bernhardt signed […]

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U.S. Coal-Fired Generation at Lowest Level Since 1976

Credit to Author: Darrell Proctor| Date: Mon, 11 May 2020 17:04:16 +0000

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U.S. coal-fired power generation last year was at its lowest level since 1976, according to data released May 11 by the U.S. Energy Information Administration (EIA). The agency said output from U.S. coal-fired units fell to 966,000 GWh in 2019, the lowest level in more than 40 years. The EIA said the 16%, year-over-year drop […]

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The POWER Interview: Utilities Find Opportunities in Distributed Energy

Credit to Author: Darrell Proctor| Date: Thu, 07 May 2020 16:29:40 +0000

The post The POWER Interview: Utilities Find Opportunities in Distributed Energy appeared first on POWER Magazine.

The growth in renewable energy, along with new forms of power generation not dependent on transmission via the traditional grid, has created new business opportunities for both legacy generators and start-up power producers. BOND, a Massachusetts-based company founded in 1907, is today a fifth-generation construction management and civil and utility general contracting firm, providing services […]

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Innovative Distributed Generation Projects Provide Power to Remote Areas

Credit to Author: Darrell Proctor| Date: Fri, 01 May 2020 04:08:00 +0000

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Remote communities have become testing grounds for innovative power projects. These areas traditionally have been powered by fossil fuel generation, usually diesel fuel or oil and sometimes natural gas, and

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