RENEWABLE POWER Direct

Welcome to the November issue of RENEWABLE POWER Direct, a monthly e-newsletter from POWER magazine that provides important renewable energy news and information, including articles on new technology, operations and maintenance best practices, industry trends, innovative projects, and much more.

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WoodMac Analysis Says Trump Energy Agenda Will Face Roadblocks | An analysis from global data and analytics group Wood Mackenzie says Republican control of the White House and Congress means U.S. energy policy will move away from net-zero emissions targets, but there remains bipartisan support for the Inflation Reduction Act (IRA). The group also said competitive economics for renewable power resources mean the energy transition will continue, despite a better regulatory landscape for fossil fuels.

SRP and EDP Renewables Announce New Energy Storage System to Support Increasing Energy Demand | Salt River Project (SRP) and Flatland Storage LLC, a subsidiary of EDP Renewables North America LLC (EDPR NA), have entered into an agreement to provide 200 MW of new energy storage to Arizona’s grid.

Vattenfall Investing $5 Billion in Germany for Renewable Energy | Swedish energy giant Vattenfall plans to invest more than $5 billion in Germany to increase the company’s renewable energy portfolio in that country. Robert Zurawski, Vattenfall’s chief financial officer in Germany, said the group will build more wind and solar farms in Germany, along with EV charging stations, over the next few years.

In Case You Missed It: Major Texas Solar Project Will Power Google's Data Centers, Cloud Operations | A company backed by Japan’s SoftBank Group and Ares Climate Infrastructure said three solar power of its projects are now online in Texas. SB Energy, a renewable energy group focused on utility-scale installations, said the solar farms—with about 900 MW of combined generation capacity—will support the state’s power grid and provide electricity for Google’s data centers and its cloud region in the Dallas area.

Trump Picks Oil and Gas Executive as New Energy Secretary | President-elect Donald Trump announced that Chris Wright, the CEO and founder of Denver, Colorado-based Liberty Energy, will lead the Department of Energy (DOE) in the new administration.

New Blade Adapter Trailer Eases Transport of 80-Meter-Long Wind Turbine Blades | Collett & Sons Ltd., a global transport logistics company, has successfully completed the delivery of 90 wind turbine components to the Cushaling Wind Farm in Ireland.

Oregon Customers Benefit as PGE's Eastern Montana Wind Farm Helps Set Records | In its first 10 months serving Portland General Electric (PGE) customers, the Clearwater Wind Energy Center contributed to new records for PGE wind generation, including helping the company produce 1 GW of power from wind sources alone—a new milestone. 1 GW (or 1,000 MW) is enough electricity to power the equivalent of 830,000 homes, or about half the number of homes in Oregon.

Solar Leader Enphase Energy Cutting 500 Jobs | California-based Enphase Energy, a company known for its solar power and electric vehicle (EV) charging technology, announced it is laying off about 500 workers. The company in a Nov. 8 filing with the U.S. Securities and Exchange Commission (SEC) said a challenging economy for the solar power industry requires reduced spending.

Siemens Gamesa Inks $1.3B Wind Turbine Deal with ScottishPower | An offshore wind farm in the southern part of the North Sea will feature turbines from Siemens Gamesa after the company signed a supply agreement with ScottishPower. The deal announced Nov. 11 is for 64 of Siemens Gamesa’s SG 14-236 DD turbines that will be installed at East Anglia TWO, a wind farm located just more than 20 miles off the Suffolk coast.

Dominion Sells 50% Stake in $10B Offshore Wind Project | Dominion Energy has sold a 50% noncontrolling interest in its 2.6-GW Coastal Coastal Virginia Offshore Wind (CVOW) commercial project to infrastructure investment group Stonepeak. The Richmond, Virginia–headquartered utility in an Oct. 25 financial filing said it received proceeds of $2.6 billion for the sale. The amount represents “reimbursement of approximately 50% of project-to-date capital investment.” Stonepeak is expected to fund “50% of remaining project costs as they are incurred, subject to certain conditions as previously disclosed,” it said.

Equity Partnership Acquiring $1.5 Billion of Residential Solar, Storage Products | A California-based technology group has joined a global independent investment firm in an equity partnership that supports lease and power purchase agreements in the residential renewable energy sector.