Thursday, 23 April 2020

April 23 Green Energy News

Headline News:

  • “NextEra Energy Looks To Spend $1 Billion On Energy Storage In 2021” • Renewables developer NextEra reported its financial results for the first quarter, saying its renewables development unit has been unaffected by the COVID-19 pandemic. It has plans for massive investments in the near future, including spending $1 billion on battery projects. [Greentech Media]

Battery project at a wind farm (Credit: NextEra Energy)

  • “Super-Polluting Methane Emissions Twice Federal Estimates in Permian Basin, Study Finds” • Methane emissions from the Permian basin, one of the largest oil-producing regions in the world, are more than two times higher than federal estimates, according to a study recently published in the journal Science Advances. [InsideClimate News]
  • “How The Coronavirus Has Impacted The Oil Industry – And The Future Of The Climate Crisis” • On Monday, oil prices fell to as low as minus $40 and eventually settling at minus $37.63 per barrel. Scared investors and negative oil prices leave the future of the industry on shaky ground. They may poise renewable energy options for a greener future. [The Hill]
  • “Navajo Power CEO Sees 10-GW Renewable Potential Across The Navajo Nation” • Navajo Power is preparing a bid to build 200 MW of solar power. Discussing the Navajo Nation’s potential for solar power in a pv magazine interview, Navajo Power CEO Brett Isaac said, “We believe you can go to 10 GW of renewable resources.” [pv magazine USA]
  • “Investing In Renewable Energy Could See A Return Of To Up To 800%” • Fossil fuels interests would like to tell us otherwise, but the International Renewable Energy Agency says investing in renewable energy and a green economy would create tens of millions of jobs worldwide and provide investment returns of up to 800% over time. [CleanTechnica]

For more news, please visit geoharvey – Daily News about Energy and Climate Change.


April 23 Green Energy News posted first on Green Energy Times

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