LG Energy Solution to invest $5.5B in Arizona battery complex
This is the company’s second investment in the state as it looks to capitalize on the U.S.’s burgeoning EV market.
This is the company’s second investment in the state as it looks to capitalize on the U.S.’s burgeoning EV market.
Risto Paldanius, vice president Americas, Wärtsilä Energy, said the project will help Texas “as it faces the natural replacement cycle of older inflexible generators and adapts to more frequent extreme weather events.”
The utilities plan to focus on installing more resilient infrastructure and transferring power lines underground, among other measures.
Renewable deployments worldwide will have to grow from 3,000 GW to 10,000 GW by 2030 to manage global warming, says a new report.
If all Americans can participate, we can achieve the speed and scale required to decarbonize electricity and transportation and save the planet.
Re-using coal plant sites could have labor force advantages, with 77% of jobs transferable to nuclear plants with no new workforce licensing requirements, the report said.
The SolSmart program has so far worked to improve solar markets in 488 communities, potentially impacting 134 million people.
The court decision on Friday affects $2.6 billion in pending transmission projects slated to be built by ITC Midwest, MidAmerican Energy and Cedar Falls Utilities.
The new standards will go into effect in two phases, beginning in 2024, and the U.S. Department of Energy expects them to cut carbon dioxide emissions by 106 million metric tons over 30 years.
The new leak will not materially increase the amount of tritium Xcel is working to recover, Xcel said.