NY-BEST Announces Energy Storage Partnerships Award Winners
Three Initiatives Honored for Advancing Energy Storage Community Partnerships and Inclusive Workforce Initiatives Albany, NY – The New York Battery and Energy Storage Technology Consortium (NY-BEST) is proud to announce the recipients of its inaugural Energy Storage Partnerships Awards at their annual Capture the Energy conference, recognizing outstanding efforts to develop energy storage projects that align with community priorities and promote inclusive workforce development. More info...
Tariff-related disruptions to outweigh other oil and gas themes, says GlobalData
US tariffs and energy security are expected to remain the focal points for oil and gas trade in 2025. Tariff-induced trade tensions might exert downward pressure on the US and global economy in the near term, potentially affecting the energy demand. It is therefore important for the industry to assess the impact of macroeconomic themes of tariffs, along with geopolitics, and supply chain while charting out its growth plans, says GlobalData, a leading data and analytics company. GlobalData’s t...
Yanmar America Advances Sustainability Efforts with Solar Panel Installation
Adairsville, GA – Yanmar America has taken a major step toward its sustainability goals with the installation of 914 high-efficiency solar panels at its headquarters in Adairsville, Georgia. As of March 25, the solar array is fully operational, following successful testing by Georgia Power. This solar array will reduce the facility’s reliance on non-renewable power sources and lower the company’s carbon footprint in line with the Yanmar Green Challenge 2050 goals. “This solar investment is ou...
Stockholm Exergi extends landmark carbon removal agreement with Microsoft
Stockholm Exergi today announced that it has signed a contract with Microsoft extending the already existing ten-year agreement of 3.33 million tonnes to 5.08 million tonnes of permanent carbon removals from Bio-energy with carbon capture and storage (BECCS) at Värtan, Stockholm. At 500,000 tonnes annually, the extended contract represents the world’s largest agreement for permanent removals on a yearly basis. - The extension of our existing agreement with Microsoft is a huge vote of confide...
Virtual Power Purchase Agreements on the Rise: Benefits, Challenges, and Credit Considerations
Summary This commentary explores virtual power purchase agreements (Virtual PPAs), which have shown significant growth and offer benefits to both electricity buyers and sellers, but there are some downsides as well. We also highlight the key differences between Virtual PPAs and physical delivery PPAs (Physical PPAs). Key Highlights -- The Virtual PPA is a flexible tool for both project developers and corporate buyers in the renewable energy sector, capturing about 60% of the global PP...
Credit Implications of the Bureau of Ocean Energy Management's Order to Halt Construction on Empire Wind 1
On April 16, 2025, the U.S. Bureau of Ocean Energy Management notified Empire Wind 1 (the Project; an offshore wind project expected to have 810 megawatts of capacity upon entering commercial operation) to halt construction with the objective of reviewing permits that were previously approved. Key highlights include the following: -- In the event the Project is canceled, it is likely that the implied equity commitment will pay down the debt already drawn. -- If the Project only experiences...
On Earth Day, Power Over Energy Celebrates 12 Years of Advancing Energy Literacy
Empowering People Worldwide to Create a More Resourceful World LIBERTY LAKE, Wash. – Power Over Energy®, an energy literacy initiative backed by Itron, is celebrating Earth Day and its 12th anniversary with the launch of a new website, new interactive educational content, and continued growth around the world. Consumer energy literacy is more important than ever for building a cleaner energy future. Consumer education plays a crucial role in the adoption of energy-efficient technologi...
Global transformers market to reach $89.34 billion in 2030, led by Asia-Pacific, forecasts GlobalData
The global transformers market is on a strong growth trajectory, projected to reach $89.34 billion in 2030, driven by rising electricity demand, renewable integration, and grid modernization. The Asia-Pacific (APAC) region is set to lead the charge with robust investments, while the Europe, Middle East, and Africa (EMEA) region is poised to grow fastest, fueled by infrastructure upgrades and power sector reforms across developing economies in the Middle East and Africa, reveals GlobalData, a lea...
Difficult and costly energy transition unless the EU invests in biomass
Both forestry and agriculture can produce biomass for the energy system. In a cost-optimal European energy system with negative emissions of carbon dioxide, biomass is mainly used to complement the supply of fuels and chemicals for industry, aviation and shipping. A small share of biomass is also used as a flexible reserve for electricity production to strengthen supply reliability. Wind power supplies 54 per cent of the whole electricity demand, and solar power supplies 40 per cent. Photographe...
Global nuclear power capacity to reach 494GW by 2035, driven by advancements in SMRs and clean energy shift, says GlobalData
The global nuclear power sector has witnessed steady growth in recent years, driven by the need for low-carbon baseload power, energy security, and a renewed interest in decarbonizing industrial sectors. New capacity additions, advancements in reactor technology with small modular reactors (SMRs) emerging as a transformative solution, and supportive policies have contributed to increased generation and reinforced the role of nuclear power in the energy transition. Against this backdrop, nuclear...
Video: Crashes Drop Measurably After Rural Road Safety Improvement Project on US 521 in Lancaster County
AdventHealth Weaverville Hospital
June Issue 2026
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