Hi Everyone,
Here is your weekly roundup of renewable energy articles that we’re reading:
China Launches First 700 TEU Electric Containership for Yangtze Service
Key Takeaway: As the electrification of all types of transportation continues around the world, we are beginning to see large shipping vessels transition to batteries. This ship is 393 feet in length and is designed to sail a route that is 600 miles along the river and to the sea. It will use 36 replaceable containerized batteries, which will be swapped and recharged at stations along the route. This is very similar to the type of technology our own containerized batteries can provide, which you can view on our products page.
‘I expect more.’ Ann Arbor residents upset after second widespread power outage this year
Key Takeaway: A large storm that went through southeast Michigan this past week left over 100K residents without power and many of those were without power for over 4 days. This is exactly the type of worst case scenario that products from Adon Renewables could help solve. For businesses and homeowners, our PowerBox Batteries are a clear solution to help mitigate the losses people have seen such as food waste.
DTE to retire coal plants by 2032, invest $11 billion in clean energy push
Key Takeaway: Ironically, DTE, the major utility affected by the article above in southeast Michigan, has previously announced that they are planning to invest $11 Billion into renewable energy sources and they have a goal of adding 15,000 megawatts of renewable energy by 2042.
Key Takeaway: DOE has deployed $354 Million in funding in Grid Resilience Formula Grants to 23 states, the District of Columbia, and 12 tribal entities since May.
FERC approves ‘historic’ rule to address renewables backlog
Key Takeaway: Under the new FERC rule, grid operators and electric utilities will need to change how they study energy projects and will now be subject to firm deadlines and penalties if they fail to process connection requests on time. Proposed electricity projects will be studied in groups, rather than individually, and projects that are further along in the development process will be prioritized.