Digitalization
ExxonMobil extends R&D partnership with Princeton Energy Center
ExxonMobil and the Princeton Energy Center have extended their collaboration on R&D of low-carbon and innovative energy solutions.
Renewables
Power-to-gas proves least expensive path to net-zero
Carbon-neutral with power to-gas is the least expensive option for US utilities seeking to achieve 100% carbon reduction within the operations of grids.
Renewables
Bank of America signs first 10-year solar purchase agreement
The Bank of America has signed its first ten-year solar energy purchase agreement with US energy generation and distribution company NRG Energy.
Renewables
US solar PV system costs falling faster than expected
Solar PV system costs in the US are falling faster than anticipated across all market segments, primarily driven by module price reduction, according to new research from Wood Mackenzie.
North America
Ontario Power Generation awards $100m contract for hydro plant rebuild
Ontario Power Generation has awarded frequent contracting partner SNC-Lavalin with work on the second phase of redevelopment and repowering of the Calabogie Generating Station.
Renewables
US renewables outpace coal and nuclear says EIA
Renewables produced 27.1% more electricity than coal during the first four months of 2020, according to the US Energy Information Administration.
Event News
HYDROVISION International announces postponement and launch of HYDRO+
As a consequence of the ongoing impact of the COVID-19 pandemic, HYDROVISION International, scheduled for November 17-19 2020, in Minneapolis, Minn., U.S., will be rescheduled to 2021.
Strategic Development
US DoE announces $65m in new nuclear technology funding
The US Department of Energy has announced more than $65 million in nuclear energy research, crosscutting technology development, facility access, and infrastructure awards for 93 advanced nuclear technology projects in 28 states.
Renewables
$6m Investment to unlock deep geothermal energy potential
Quaise has raised $6 million in seed funding to access deep geothermal energy.
Renewables
US solar market records huge loss despite successful first quarter
The negative impacts of COVID-19 on the US solar market have strongly been felt in the second quarter of 2020, according to Wood Mackenzie.
