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SoCal Edison opens 32 MWh battery energy storage project, largest in North America; batteries from LG Chem

Green Car Congress

Southern California Edison (SCE) opened the largest battery energy storage project in North America—the Tehachapi Energy Storage Project—to modernize the grid to integrate more clean energy. The project is strategically located in the Tehachapi Wind Resource Area that is projected to generate up to 4,500 MW of wind energy by 2016.

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Renewable Energy Generation: Change is not a destination, just as hope is not a strategy, a lesson exported from Detroit

Green Car Congress

The automotive industry is living proof that private companies will rarely change their behaviors without a significant stimulus to that change, and furthermore one that needs to be mandated. Without the CAFE standard and stimulus monies to promote green vehicle tech, the industry would not be headed toward a greener horizon.

Renewable 220
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California Governor Schwarzenegger Announces 244 Proposed Renewable Energy Projects Throughout State; Up to 69,925 MW of Capacity

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California Governor Arnold Schwarzenegger announced the first comprehensive list of 244 proposed renewable energy projects that could produce up to 69,925 MW of clean energy annually. For those proposed projects looking for federal stimulus support, 22 could generate power at utility-sized levels of larger than 200 MW, totaling 9,231 MW.

Renewable 264
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World Economic Forum Report: US$515 Billion Per Year Needed in Green Investments

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A report released by the World Economic Forum during its annual meeting in Davos warns that to have a chance of limiting the average increase in global temperatures to 2°C, a level which an increasing number of experts already considers unsafe, at least US$515 billion per year will need to be invested in clean energy globally between now and 2030.

Green 150
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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

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The stimulus package is designed to address the recession and in the short term people were anxiously awaiting two key components of the plan: clarification on the details behind “ grants in lieu of tax credits ” and awards of loan guarantees by the DOE from section 1705. Billion vs. $28.3 Billion in 2008). Earlier post.). Five months ago.

Financing 150
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IEA: global carbon dioxide emissions have rebounded strongly

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Major economies led the resurgence as a pick-up in economic activity pushed energy demand higher and significant policies measures to boost clean energy were lacking. The rebound in global carbon emissions toward the end of last year is a stark warning that not enough is being done to accelerate clean energy transitions worldwide.

Emissions 433
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Next 10 report finds California must increase GHG reductions to 4.9%/year through 2030 to meet target

Green Car Congress

This sector represents an increased area of opportunity due to the Advanced Clean Trucks standard that was adopted by the Air Resources Board in July 2020, which will increase the sale of zero-emission trucks in coming years. This is the result of policies promoting cleaner vehicle fuels and advanced clean vehicle standards.