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Arizona Public Service Signs PPA for CO Bar Solar Power, Battery Storage
The Global Banker Clenera, an Enlight Company specializing in utility-scale solar farms and energy storage, recently announced the signing of a 20-year power purchase agreement (PPA) with Arizona Public Service (APS), Arizona’s largest utility. This landmark agreement involves the development of a solar and storage complex known as the CO Bar complex, located just outside…
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The 15th BRICS Summit: A Comprehensive Overview of De-dollarization, New Members, and Internal Rivalry
The Global Banker Republished with full copyright permissions from The Boston News Tribune. Did you miss the main events at the 15th BRICS summit? We’ve got you covered. This year’s BRICS summit, held annually to foster cooperation among the world’s emerging economies, brought together leaders from Brazil, Russia, India, China, and South Africa, with the…
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AEROCOMPACT Releases Large Module Racking Solution
The Global Banker AEROCOMPACT, the Austrian company renowned for its high-quality PV racking systems, has announced the launch of its latest rail-based mounting solution – the COMPACTFLAT SN 2. Designed to cater specifically to large solar panels, this cutting-edge system facilitates installations on various roofs as well as ground-mounted setups. With its unrivaled versatility, the…
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FTC Solar Debuts New Software to Optimize Solar Plant Performance
The Global Banker Solar power continues to make significant strides. In fact, solar accounted for a remarkable 54% of all new electricity-generating capacity additions in the first quarter of 2023. As the industry continues on this upward trajectory, ensuring the efficient operation of solar sites becomes increasingly crucial. To address this need, FTC Solar Inc.,…
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Cambridge Centre for Alternative Finance Updates Bitcoin Energy Consumption Estimates
The Global Banker The Cambridge Centre for Alternative Finance (CCAF) recently released a new study titled “Bitcoin electricity consumption: an improved assessment,” dated August 31, 2023. This revised study addresses concerns about the accuracy of the Cambridge Bitcoin Electricity Consumption Index (CBECI) and has sparked discussions among both cryptocurrency enthusiasts and environmentalists. The study’s findings…
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Salt River Project and CMBlu Energy Collaborate on Long-Duration Energy Storage Pilot
The Global Banker Salt River Project (SRP), a renowned not-for-profit public power utility, and CMBlu Energy (CMBlu), a leading designer and manufacturer of long-duration Organic SolidFlowT energy storage systems based in Germany, have joined forces for an innovative pilot project in the greater Phoenix metropolitan area. The project aims to deploy long-duration energy storage (LDES)…
