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3 Oil Majors That Bet Big On Renewables

Green Car Congress

Big Oil has frequently been chided for merely trying to burnish its green credentials, and so far, it has done little to convince us that it is truly moving forward to greenness. Let this sink in: In 2018, Big Oil spent less than 1% of its combined budget on green energy projects. by Alex Kimani for Oilprice.com. 2 Total SA.

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Texas installs another big solar + battery storage project

Baua Electric

Photo: Enel North America Power-hungry Texas needs solar and battery storage to help meet demand and balance the grid, so its largest utility-scale storage operator is delivering. Enel North America has started constructing the Ables Springs Solar + Storage Project in Kaufman County, near Dallas. Get started here. –ad*

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EGEB: Oil kingdom Saudi Arabia launches its first wind farm, the Middle East’s largest

Electrek

In today’s Electrek Green Energy Brief (EGEB): Saudi Arabia’s first wind farm is now connected and producing clean energy. UnderstandSolar is a free service that links you to top-rated solar installers in your region for personalized solar estimates. Click here to learn more and get your quotes. — *ad.

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US renewables’ installed generating capacity beats coal

Baua Electric

Photo by Los Muertos Crew on Pexels.com Solar capacity additions hit the ground running in 2024, pushing renewables’ installed generating capacity past coal, according to new US Federal Energy Regulatory Commission (FERC) data. That’s more than the installed capacity of coal (207.15 of the total. of the total.

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BloombergNEF: solar, wind, batteries to attract $10T to 2050; curbing emissions long-term will require other technologies

Green Car Congress

Deep declines in wind, solar and battery technology costs will result in a grid nearly half-powered by the two fast-growing renewable energy sources by 2050, according to the latest projections from BloombergNEF (BNEF). Wind and solar grow from 7% of generation today to 48% by 2050.

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How renewables could beat natural gas in US generating capacity within 3 years – in numbers

Baua Electric

In March alone, solar accounted for 99.7% FERC says 52 “units” of solar provided 2,833 megawatts (MW) of new domestic generating capacity in March, or 99.72% of the total. Three megawatts each of new biomass and oil capacity plus 1 MW each of new hydropower and natural gas capacity made up the balance.

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EGEB: Oil giant Total rebrands as TotalEnergies, but some call it a greenwash

Electrek

In today’s Electrek Green Energy Brief (EGEB): French oil giant Total changes its name to TotalEnergies to mark its shift to renewables. The first wind turbine has been erected at Hornsea Two offshore wind farm in the UK, and it will be huge. Tesla now offers price matching, so it’s important to shop for the best quotes.

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