Page 32 - Distributed Energy News Today

Recon Technology, Ltd. (NASDAQ: RCON) ("Recon" or the "Company") today announced that the Company has entered into a share exchange agreement (collectively, the "Agreement") with Starry Blockchain Energy Pte. Ltd. ("Starry") (starrylab.io)on June 3, 2021. Incorporated in Singapore, Starry seeks to leverage blockchain technology to drive sustainable energy solutions. Pursuant to the Agreement, Recon will issue unregistered, restricted Class A shares (the &#...

Dive Brief: An electric vehicle (EV) charging pilot Pacific Gas & Electric and BMW managed in Northern California helped drivers use an additional 1,200 kWh of renewable energy annually, provided other grid benefits and cut greenhouse gas emissions, according to data from the program. The utility and car manufacturer announced in March they are expanding the ChargeForward pilot to accept about 3,000 customers. The program provides financial incentives in exchange for participants shifting vehic...

Dive Brief: Republican senators on Thursday unveiled their second counter-offer to President Joe Bidens proposed $2 trillion infrastructure proposal, following multiple meetings between Republican leadership and White House officials. The latest proposal from the right, led by Sen. Shelley Moore Capito, R-W. Va., includes a $4 billion carve-out for electric vehicle infrastructure, under a broader $506 billion proposed investment in roads, bridges and "major projects." Bidens proposal had called...

Dive Brief: The Long Beach Board of Harbor Commissioners approved an exemption from the Clean Truck Fund Rate "for the cleanest" natural-gas-powered trucks, according to an announcement Monday. The rate, which has been set at $10 per 20-foot equivalent unit for any non-zero-emissions truck at the Port of Long Beach and the Port of Los Angeles, has not yet been implemented. This new exemption applies to trucks picking up or dropping off loaded containers at the Port of Long Beach that use natura...

Dive Brief: ClearGen, the Blackstone Group sustainability fund, will commit up to $500 million in partnership with GreenStruxure, a joint venture of Schneider Electric and Huck Capital, to develop renewable energy microgrid solutions for commercial and industrial customers. GreenStruxure launched in September 2020 and offers no-money-down, modular microgrids installed on-site as part of an energy-as-a-service model. The microgrids serve a variety of users, including small- and medium-sized ind...

Solar Watt Solutions and FAFCO Team Up To Expand CoolPV Solar Operations in Southern California The partnership brings cost-effective renewable electric & thermal solar panels to Malibu, Santa Barbara and San Fernando Valley customers May 25, 2021 09:30 ET | Source: CleanSpark, Inc. CleanSpark, Inc. Bountiful, Utah, UNITED STATES CHICO, CA and SALT LAKE CITY, UT, May 25, 2021 (GLOBE NEWSWIRE) -- Solar Watt Solutions, a wholly owned subsidiary of Cle...

Fotolia In efforts to prevent a repeat of the February disaster that left millions without electricity, Texas policymakers continue to disagree over the cause and appropriate mitigation efforts. The blackouts from the storm led to spikes in power prices and the deaths of at least 151 people. Republican leadership was quick to criticize renewables for the role they played in the blackouts, with Gov. Greg Abbott, R, claiming on national television ...

Utility industry news and analysis for energy professionals.

Global $69.38 Bn Offshore Wind Power Markets to 2025 April 28, 2021 05:38 ET | Source: Research and Markets Research and Markets Dublin, IRELAND ResearchAndMarkets.coms offering. The Global Offshore Wind Power Market is estimated to be USD 38.76 Bn in 2020 and is expected to reach USD 69.38 Bn by 2025, growing at a CAGR of 12.35%. Market Dynamics This growth is attributed to the increasing demand for clean energy in order to cut down carbon emission...

Operator Good morning, and welcome to the AES Corporation Q1 2021 Financial Review Conference Call. [Operator Instructions] Id now like to turn the conference over to Ahmed Pasha, Chief Treasurer and Vice President of Investor Relations. Thank you, and over to you. Ahmed Pasha -- Treasurer & Vice President, Investor Relations Thank you, operator. Good morning, and welcome to our first quarter 2021 financial review call. Our press release, presentation and related financial information are avai...