Latest news with #windPower
Bloomberg
3 days ago
- Business
- Bloomberg
Renewable Firm Boralex to Invest $5 Billion to Double Output
Canadian renewable power firm Boralex Inc. plans to invest as much as C$6.8 billion ($5 billion) to more than double its production output even as it takes a more cautious stance in the US. Chief Executive Officer Patrick Decostre said the Montreal-based company will boost its installed capacity from 3.2 gigawatts currently to about 7 gigawatts by 2030. The increase will be driven by solar and wind power, as well as battery storage projects in Canada, France, the UK and the US. The firm expects to spend another C$1.2 billion after 2030 to reach 8 gigawatts.
Zawya
5 days ago
- Business
- Zawya
Scatec signs PPA for 900MW Shadwan wind project in Egypt
Norwat-based renewable energy company Scatec ASA announced on Sunday that it has signed a USD-denominated 25-year Power Purchase Agreement (PPA) with the Egyptian Electricity Transmission Company (EETC) for a 900 megawatts (MW) MW wind power project in Ras Shukeir, located north of Hurghada on the Red Sea coast. The PPA was signed through Scatec's dedicated project company 'Shadwan Wind Power SAE,' the company said in a stock exchange statement. Scatec said the next step will be commissioning wind measurements on the site, to be finalised in the first half of 2026, before the project is further advanced towards financial close and construction. On Sunday, the company also announced the financial close for its 1.1GW solar + 100MW/200MWh BESS Obelisk project in Egypt. (Writing by SA Kader; Editing by Anoop Menon) (
Forbes
08-06-2025
- Politics
- Forbes
What The Spanish Blackout Says About Renewable Energy In The U.S.
Commuters milling around the darkened Madrid-Chamartin station on April 28, 2025. Like most Americans, with the exception of a soccer match every now and then, I could give a flying handshake about what's happening day-to-day on the Iberian Peninsula. However, the recent blackout, which shut off power to over 55 million people in three countries within five seconds, caught my attention for its implications for the future of renewable energy in the U.S. Renewables promise ample electricity with a low carbon footprint and a low price point, especially compared to coal, so it is no wonder that wind and solar have seen such a huge growth in capacity over the last generation. Note how quickly the green wedge representing wind power grows starting at around the turn of the ... More century. Solar growth started about 10 years late but is on the same trajectory. Critics of renewables will rightly point out that renewables are cheap as long as battery storage is not included in their price, and the sudden collapse of an entire electric grid for 12 hours incurs a staggering economic burden that should be priced into cost calculations. Supporters of renewables argue that the problem is not renewables themselves, but insufficient or outdated control, distribution and storage equipment on the grid. If we spend more money on storage and transmission, everything will be hunky-dory. My intuition was that both arguments held water. Critics are right to include the cost of storage to the low cost of renewables because electricity is an on-demand commodity--it must be there even when the sun is not shining and the wind is not blowing. That said, supporters are right that including the long-term cost of further unbalancing the planet's natural carbon cycle, the 'low' cost of continued fossil fuel consumption is an illusion. Since the blackout, which occurred at the end of April, I've been speaking with Dr. Lorenzo Kristov, one of the world's top experts on grid architecture, and combing through reams of articles on power engineering. I concluded that both critics and supporters of renewable energy are wrong. Both sides are trying to fix current problems with the same mindset that created the problems in the first place: Industrial Revolution thinking. The Industrial Revolution paradigm centralizes production and relies upon long and ultimately fragile supply and distribution chains that are vulnerable to changes in environmental factors. As we head deeper into the post-Climate era, long supply and distribution chains will inevitably face accelerating disruption. Nearly 90% of natural gas processing, fractionation, and storage is concentrated in four regions in the U.S., each subject to various environmental hazards that will incur greater complications and costs as climate change exacerbates natural disasters' frequency and severity. Although concentrating gas production in these areas is efficient (the ultimate goal of the Industrial Revolution paradigm), it results in long, fragile supply and distribution chains. Centralized production allows for economies of scale so is very efficient. However, resiliency is ... More low due to geographical concentration. Similarly, building enormous solar and wind farms deep in flyover country necessitates enormous expenditures on fancy new storage equipment and mechanical devices to manage voltage and grid frequency, and new high-voltage DC transmission lines. All this spending creates exactly the same sort of fragile supply and distribution chains we see in natural gas. Indeed, the root cause of the Iberian grid's failure on a clear, windy day when 70% of Spain's generation capacity was coming from renewables was the Spanish grid's inability to gracefully handle such a surplus of renewables generation. Modern-day grids are trying to cram the power train for a Tesla Roadster alongside the internal combustion drivetrain of a 1959 Edsel, then take this hybrid Frankencar off-roading. It is time for a new paradigm. Kristov and his colleagues have developed a paradigm that envisions individual towns and regions forming self-reliant mini-grids that can attach and detach from the larger grid network as needed. While this architecture would not have prevented the equipment failure that triggered the Iberian Blackout, it would have isolated the problem from the rest of the system, keeping the outage local rather than allowing it to proliferate nationwide. This model upsets the way incumbents competing in electrical generation, transmission, and distribution have been doing business for the last 120 years. Challenging a network of longtime monopolies and their corresponding political structures is tough, even though it's the right thing to do. We need renewable energy in the U.S. Intelligent investors take note. Those interested in a detailed analysis of the causes of the Iberian Blackout and a plain-language explanation of modern grid function and management, please see my recently published research report.
Associated Press
27-05-2025
- Business
- Associated Press
Richardson Electronics, Ltd. Expands Product Portfolio with the Introduction of New Patent-Pending TurbineGuard™ Series
LAFOX, Ill., May 27, 2025 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ: RELL), a global provider of engineered solutions for renewable energy and other power management applications, announced a new line of monitoring relays for the wind and renewables markets. The first of these to be launched are temperature and voltage monitoring relays to meet safety needs, as well as the performance of the critical turbine monitoring systems. With the aging fleets of turbines and obsolescence of key voltage and temperature relays, the TurbineGuard™ Temperature Signal Relay and the TurbineGuard™ Voltage Signal Relay devices offer owner-operators visibility into their turbine systems and support winterization efforts to meet regulatory requirements. These products are fully compatible with GE* turbines, ensuring seamless integration and reliable performance. Both products have been meticulously designed and enhanced with the end user in mind, focusing on key features and meaningful improvements. TurbineGuard™ Temperature Signal Relay Key Features: TurbineGuard™ Voltage Signal Relay Key Features: Greg Peloquin, Executive Vice President and General Manager of Power & Microwave Technologies and Green Energy Solutions groups stated, 'Our goal is to create engineered solutions that not only meet the user expectations but deliver real value in their everyday use. Every feature and improvement of the new TurbineGuard products reflect our commitment to putting the user first.' Richardson Electronics is pleased to introduce these new products, which are designed, manufactured, tested, and supported by our team in LaFox, IL, as part of our continued commitment to innovation, quality, and customer-focused solutions. This launch represents a significant step forward in meeting the evolving needs of the renewable power generation market. For detailed information, quotes, and delivery timelines, please contact our team. *All product and company names are trademarks™ or registered® trademarks of their respective holders. The use of the trademarks is solely for identification purposes and does not imply any affiliation with or endorsement by the trademark holders. About Richardson Electronics, Ltd. Richardson Electronics, Ltd. is a leading global manufacturer of engineered solutions, green energy products, power grid and microwave tubes and related consumables; power conversion and RF and microwave components; CT X-ray tubes; and customized display solutions. More than 50% of our products are manufactured in LaFox, Illinois, Marlborough, Massachusetts, or Donaueschingen, Germany, or by one of our manufacturing partners throughout the world. All our partners manufacture to our strict specifications and per our supplier code of conduct. We serve customers in alternative energy, healthcare, aviation, broadcast, communications, industrial, marine, medical, military, scientific and semiconductor markets. The Company's strategy is to provide specialized technical expertise and 'engineered solutions' based on our core engineering and manufacturing capabilities. The Company provides solutions and adds value through design-in support, systems integration, prototype design and manufacturing, testing, logistics and aftermarket technical service and repair through its global infrastructure. More information is available at Richardson Electronics, Ltd. common stock trades on the NASDAQ Global Select Market under the ticker symbol RELL. About Richardson Electronics – Green Energy Solutions Richardson Electronics Green Energy Solutions combines our key technology partners and engineered solutions capabilities to design and manufacture key products for the fast-growing energy storage market and power management applications. As a designer, manufacturer, technology partner, and authorized distributor, GES's strategy is to provide specialized technical expertise and engineered solutions using our core design engineering and manufacturing capabilities on a global basis. We provide solutions and add value through design-in support, systems integration, prototype design and manufacturing, testing, logistics, and aftermarket technical service and repair—all through our existing global infrastructure. GES focuses on products for numerous green energy applications such as wind, solar, hydrogen, and electric vehicles and other power management applications that support green solutions such as synthetic diamond manufacturing. For more information, visit us at About Richardson Electronics – Power & Microwave Technologies For over 75 years, Richardson Electronics has been your industry-leading global provider of engineered solutions, RF & microwave, and power products. The Power & Microwave Technologies group continues this legacy and complements it with new products from the world's most innovative technology partners. Richardson Electronics' Power & Microwave Technologies group focuses on what we do best: identify and design disruptive technologies, introduce new products on a global basis, develop solutions for our customers, and provide exceptional worldwide support. As a global company, we provide solutions and add value through design-in support, systems integration, prototype design and manufacturing, testing, logistics, and aftermarket technical service and repair—all through our existing global infrastructure. More information is available at | |
E&E News
21-05-2025
- Politics
- E&E News
Dems assail Burgum on cuts to wind and solar on public lands
A top Democratic appropriator laid into Interior Secretary Doug Burgum at a Tuesday hearing, saying the Trump administration was 'effectively gutting' solar and wind power on public lands. In a lengthy exchange before the House Appropriations Interior-Environment Subcommittee, ranking member Chellie Pingree (D-Maine) pointed to proposed cuts in the administration's budget plan, which would slash $80 million for renewable energy efforts, effectively ending programs for wind and solar on public lands and waters. 'This administration, and you, are disregarding needed investments in renewable energy and focusing solely on fossil fuels,' she told Burgum. 'You do, in your budget, eliminate all funding for renewable energy, effectively gutting this critical sector.' Advertisement Pingree said the move would ignore both the reality of climate change and the low cost of renewable energy for states like Maine.
