Page 98 - Power Technology News Today

Power Technology – January 26 The coronavirus pandemic and resulting global economic slowdown curtailed some energy projects in 2020, but corporations worldwide still bought a record 23.7 GW of clean power through long-term purchase agreements, according to a report published on January 26 by BloombergNEF. The 2020 record for corporate clean energy power purchase agreements (PPAs) topped the 20.1-GW level of 2019, and was nearly 75% higher than the 13.6 GW bought in 2018. The U.S. once again...

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Focus CNBC – December 7 As rolling blackouts continue to plague California, one company is hoping that a new $100 million investment will help it keep the lights on — by paying customers to turn the lights off. OhmConnect recently received $100 million from Alphabet-backed Sidewalk Infrastructure Partners to build the largest distributed clean power plant in North America, with $80 million going towards building a virtual power plant, known as “Resi-Station.” Founded in 2014, OhmConnec...

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