News Commentary | May 14, 2019
Marubeni Corporation invested an undisclosed sum into the distributed energy resource (DER) project development startup GridMarket. The investment established a partnership between Marubeni's Power Projects & Plant Group and GridMarket to use GridMarket's analytics platform to scope DERs ... Not part of subscription
News Commentary | June 22, 2020
After announcing in 2019 it would invest nearly $1 billion in sustainable energy projects across APAC by 2021, ADB approved a loan of $300 million to state‑owned Geo Dipa Energi (GDE) to add 110 MW of geothermal power on Java. Indonesia has a geothermal potential of 29 GW and the second largest ... Not part of subscription
News Commentary | June 29, 2020
The joint venture (JV) between Ideol, Japanese utility Jera, and French investment firm Ademe Investissement aims to fund at least 2 GW of floating wind projects in the next five years. The trio is targeting projects across the globe, with a focus in Scotland, France, Japan, and the U.S. The ... Not part of subscription
by Patricia Seoane da Silva
With this investment, the U.S. Department of Energy (DOE) aims to boost the marine and hydrokinetics (MHK) industry while increasing the use of hydropower as a flexible grid resource. For this purpose, the DOE has identified the following areas of interest: quantitative evaluation of hydropower capabilities, development of advanced hydropower systems, and upgrade of testing resources for marine energy prototypes. Although the use of hydropower can compensate for intermittencies in the grid, clients should regard this and previous investments from the DOE in marine energy as a minor milestone for the sector. This technology still struggles with commercialization and should continue to be seen as a long shot.
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