May 17, 2020

Trends Transforming Clean Energy Businesses

clean
Energy
Pike Research
Renewable
Admin
2 min
Pike Research reveals the trends that are changing the way the clean energy industry conducts business
The global economic collapse hit the clean energy industry hard. New “green” technologies that already had difficulty securing loan guaran...

 

The global economic collapse hit the clean energy industry hard.  New “green” technologies that already had difficulty securing loan guarantees from financial institutions prior to the economic downturn found it even more difficult over the last three years.  However, the market is bouncing back as large-scale clean energy projects seem to be gaining investment and development resurfaces. 

 

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Pike Research, a market research and consulting firm focusing on clean tech energy markets has identified the trends transforming the clean energy market:

- Revival of direct current (DC) transmission and distribution technologies

- China's rise as the most important global market for waste-to-energy power plants

- New rules for economies of scale, from huge wind turbines as large as 10 megawatts (MW) to small modular nuclear reactors that could power a shopping center or a business complex

- Greater diversification of technology choices in solar, including a resurgence of concentrated solar power (CSP) and concentrated solar PV (CPV)

- More product diversity in the wind power sector, both in terms of design and scale, including more vertical axis and two-bladed turbine designs and the increasing importance of mid-sized turbines (100 kW to 1 MW)

- The movement of power plants to marine sites, including the growth of offshore wind, hydrokinetic wave and tidal generators, and even floating solar photovoltaics (PV) on water-based sites

- Growth in geothermal generation, largely due to state renewable portfolio standards (RPS) in the western US

- Investor-owned utilities returning to ownership/development of new renewable generation projects

More trends and an in-depth look at the above trends can be found in Pike Research’s full report: "Clean Energy: Ten Trends to Watch in 2011 and Beyond"

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Apr 20, 2021

Amazon's renewable energy projects surpass 200 milestone

Amazon
Renewables
Solar
Netzero
Dominic Ellis
2 min
Nine new projects announced today takes Amazon's renewables portfolio beyond 200 projects

Amazon claims it is now Europe's largest corporate buyer of renewable energy as its projects surpassed 200 globally.

Broken down, it has 136 solar rooftops on facilities and stores and 71 utility-scale wind and solar projects, nine of which were announced today covering the US, Canada, Spain, Sweden and UK. They include:

First solar project paired with energy storage Based in California’s Imperial Valley, Amazon’s first solar project paired with energy storage allows the company to align solar generation with the greatest demand. The project generates 100MW of solar energy, and includes 70MW storage.

First renewable project in Canada An 80 MW solar project in the County of Newell in Alberta. Once complete, it will produce over 195,000MWh of renewable energy to the grid.

Largest corporate renewable energy project in the UK Amazon’s newest project in the UK is a 350MW wind farm off the coast of Scotland and is Amazon’s largest in the country. It is also the largest corporate renewable energy deal announced by any company in the UK to date.

New projects in the US Amazon’s first renewable energy project in Oklahoma is a 118 MW wind project located in Murray County. Amazon is also building new solar projects in Ohio’s Allen, Auglaize, and Licking counties. Together, these Ohio projects will account for more than 400MW of new energy procurement in the state.

Additional investments in Spain and Sweden In Spain, Amazon’s newest solar projects are located in Extremadura and Andalucia, and together add more than 170 MW to the grid. Amazon’s newest project in Sweden is a 258 MW onshore wind project located in Northern Sweden.

It now has more than 2.5 GW of renewable energy capacity, enough to power more than two million European homes a year, and aims to power all its activities with renewables by 2025 and net zero by 2040.

Amazon and Global Optimism co-founded The Climate Pledge in 2019, a commit ment to reach the Paris Agreement 10 years early and be net-zero carbon by 2040. The pledge now has 53 signatories, including IBM, Unilever, Verizon, Siemens, Microsoft, and Best Buy.

A map of all of Amazon’s renewable energy projects around the world can be found here.

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