The recent installation of new transformers at Sabana Llana, Crea, and Mora substations in Puerto Rico has strengthened the island's grid reliability and modernized its power infrastructure. The project was funded by federal and non-federal sources, aiming to bolster system capacity, reduce risks, and ensure stable power for communities. This marks a significant step towards improving Puerto Rico's grid resilience.
The 19th "Levelized Cost of Energy+" from Lazard makes a strong case for renewable energy, particularly wind and solar, beating fossil fuels in speed-to-power. This report suggests that renewable energy can provide faster access to power than traditional fossil fuel-based systems. The findings indicate a significant shift towards renewable energy as the preferred option for meeting global energy demands.
Stryten Energy is acquiring American battery brand C&D Trojan, with the expected closing date set for Q3 2026. The combined company will be led by Stryten's CEO and president Mike Judd. The merger aims to bring together two complementary energy storage solution providers.
BlackRock's global infrastructure company Global Infrastructure Partners (GIP) is acquiring a majority stake in Summit Ridge Energy, a community and commercial solar company, to expand its presence in the solar energy space. The acquisition aims to leverage Summit Ridge Energy's market-leading platform and strong track record. GIP plans to acquire a significant majority of the company, but the exact percentage was not specified.
US startup Sofab is pushing perovskite solar cell technology into the marketplace, offering improved supply chain stability and further cuts in the cost of solar power. Perovskite solar cells are expected to make solar power even cheaper. This development aims to bring the technology out of the laboratory and into mainstream use.
Most third-party logistics companies fail to recognize the significant risks associated with utility-scale solar projects, which can lead to fines and project delays that threaten long-term partnerships. A failure in logistics for a solar project is on a completely different scale than in retail, yet many 3PLs do not adequately understand this reality. This lack of understanding poses substantial risks to companies operating in the solar market.
The European Union's Electrification Action Plan acknowledges the urgent need for 200GW of energy storage capacity by 2030, highlighting the importance of batteries and other forms of storage in meeting the region's ambitious renewable energy targets. The plan recognizes that energy storage will play a critical role in stabilizing the grid and ensuring a reliable supply of electricity during periods of high demand or low renewable output. This goal underscores the EU's commitment to transitioning towards a more sustainable and resilient energy system.
Dahua Technology, a leading global video-centric AIoT company, is expanding into renewable energy by leveraging AI-powered solutions for electric vehicle (EV) charging. The company aims to make sustainable energy more accessible and efficient.
Australia's AEMC is consulting on minimum system load market rules that may impact battery energy storage investment in the NEM, sparking concerns about the future of renewable energy integration. The proposed rules could affect the economic viability of battery projects, potentially limiting their development and deployment. The decision will have significant implications for Australia's transition to a low-carbon economy.
Canada has named five interties (electricity transmission corridors or "interties"): British Columbia-Yukon, Alberta-British Columbia, Alberta-Saskatchewan, Saskatchewan-Manitoba, and Prince Edward Island-New Brunswick. The federal government is working to build a national grid, which will require significant infrastructure development across these provinces. Canada's electricity strategy is becoming more specific, with the goal of improving energy security and promoting clean power.
Transmission & Distribution World