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Renewables to continue driving US power generation growth – EIA

Photo by Pixabay on Pexels.com Renewable capacity additions, especially solar, will continue to drive the growth of US power generation over the next two years, according to the US Energy Information Administration (EIA).  According to its latest “Short-Term Energy Outlook” (STEO), the EIA expects that US utilities and independent power producers will add 26 gigawatts (GW) of…

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This is New Jersey’s largest high-rise residential rooftop solar array

Photo: LeFrak New York-based real estate developer LeFrak has installed the largest rooftop solar array on a high-rise multifamily residential building in New Jersey. The Beach, a 336-unit waterfront rental tower in Jersey City’s Newport neighborhood, now hosts a 180kW, 450-panel rooftop solar system that will offset 13% of the building’s carbon emissions, equivalent to removing 37 gas-powered cars…

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Jaguar Land Rover invests $2M in rare earth magnets recycling 

Photo: Cyclic Materials Jaguar Land Rover’s investment arm InMotion Ventures has invested $2 million in rare earth magnets recycling company Cyclic Materials, bringing its Series B funding round to $55 million. Jaguar Land Rover’s InMotion Ventures has invested in a range of technologies including supply chain traceability, battery repair, reuse and recycling, and now, rare…

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New York’s largest solar farm is a go with $950 million in funding

https://unsplash.com/photos/solar-panels-on-green-field-513dBrMJ_5w Clean energy investment manager Greenbacker Renewable Energy has secured $950 million to build what will be New York State’s largest solar farm. Greenbacker acquired the 500-megawatt (MW) Cider project from renewable energy developer Hecate Energy. Construction started in October, and the project is expected to come online in 2026. “Greenbacker has called New York…

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