Wholesale electricity prices in California are the lowest in the USA, largely due to the state's growth of renewable energy sources such as solar power. The use of free fuel from wind, water, and solar power has led to lower wholesale electricity prices. This trend is a testament to the increasing dominance of clean energy in the US power market.
Eskom Green, South Africa's renewable energy arm, is constructing a 75 MW solar project in the Free State province, valued at ZAR 1.2 billion ($73.9 million). The Lethabo solar power station is expected to generate approximately 147 GWh of electricity annually, equivalent to powering an estimated 60,000 households. Construction began with plans first announced in April 2024 and is part of Eskom's strategy to integrate utility-scale renewable generation within its existing coal-fired power station fleet infrastructure.
Voters in nine US states will decide who will oversee their power bills, with energy affordability expected to be a key issue in the upcoming election season. The stakes are high as electricity prices continue to rise nationwide. Thousands of candidates are vying for seats that will shape the future of energy policy and regulation.
A new data center in southeast New Mexico will be powered by fuel cells, adding approximately 10 million tons of carbon emissions to the air. The facility is expected to have a significant environmental impact despite its use of alternative energy sources. Concerns have been raised by local residents about the potential health and environmental effects of increased air pollution.
Gresham House Energy Storage Fund (GRID), the UK's largest BESS owner-operator, is at a crossroads after recent investment news, and its managers are now focusing on proving the fund's potential. The fund has recently made significant investments in energy storage projects. Grid's future strategy will be crucial in determining its success in the rapidly evolving energy storage market.
Elon Musk aims to have 100 gigawatts of solar power manufacturing capacity in the US built within three years, with teams from SpaceX and Tesla working together. The plan involves cells and modules production. This ambitious target raises questions about its realism.
California is forging new ties with the global floating wind industry as gigawatts' worth of wind power surge along the West Coast. The state is joining forces with major players in the industry, including Norway and Japan, to expand its renewable energy capabilities. This development marks a significant growth for the floating offshore wind industry globally.
K2 Systems has unveiled a new solar carport designed for supermarket parking lots and businesses, featuring a modular aluminum structure that can accommodate various primary support structures and optimize space usage. The system holds France's ETN certification and has been tested by the Scientific and Technical Centre for Building (CSTB), securing project approval from technical inspection bodies and insurance providers. The carport enables the installation of large-format photovoltaic modules, improving installation safety with a bottom-up approach that reduces the need for workers to walk on the supporting structure.
Republicans propose new inspection fees to increase the cost of renewable energy projects, aiming to protect the fossil fuel industry from competition. The move is seen as another attempt to make clean energy more expensive and hinder its growth. This proposal would add another layer of regulatory burden on the already-struggling solar and wind industries.
Energoatom, a Ukrainian state-owned nuclear fuel company, has received an operating licence from the State Nuclear Regulatory Inspectorate of Ukraine for its Centralised Spent Nuclear Fuel Storage Facility.