Shell Pushes Further Into Power, Renewables With Bid to Acquire MP2 Energy

The gas tax is catching up to electric vehicles in a growing number of states. 

Five have passed new fees this year, bringing the total to 13, CNBC reported. Recent additions include California, home to leading EV-maker Tesla and a suite of policies designed to incentivize electric car adoption.

The fees are often developed as a means to pay for transportation infrastructure, which has traditionally been supplied by a gas tax. Gasoline purchases serve as an imperfect proxy for wear-and-tear on the roads, however, because new vehicles have been trending more efficient, and electric vehicles have abandoned gas as a fuel for propulsion entirely.

Designing Storage for Homes That Don’t Have Solar Yet

Global power rental company Aggreko has agreed to buy energy storage firm Younicos for approximately $52 million in cash. Aggreko, headquartered in Scotland, is a provider of leased mobile power, as well as heating and cooling. The firm had revenues of approximately $2.6 billion last year, with more than 7,300 employees.

Founded in 2005, the Berlin-based Younicos builds software to help design and control grid battery systems. The startup doesn’t make its own batteries but it does make the software to control them.

Younicos raised more than $75 million from investors including Korean lithium-ion battery maker Samsung, Calibrium

Hawaiian Electric arguably faces the toughest renewable and distributed energy integration challenge of any utility in the country. But that doesn’t mean state regulators are giving the company a blank check to charge its customers for managing the technology shift -- or allowing the utility to leave customers out of its green energy transition. 

On Friday, HECO submitted its second attempt at a grid modernization plan that will have to pass muster with state regulators. The new plan calls for spending about $205 million over six years, a steep drop from the approximately $340 million plan that was rejected by the Hawaii Public

Designing Storage for Homes That Don’t Have Solar Yet

Global power rental company Aggreko has agreed to buy energy storage firm Younicos for approximately $52 million in cash. Aggreko, headquartered in Scotland, is a provider of leased mobile power, as well as heating and cooling equipment. The firm had revenues of approximately $2.6 billion last year, with more than 7,300 employees.

Founded in 2005, the Berlin-based Younicos builds software to help design and control grid battery systems. The startup doesn’t make its own batteries but it does make the software to control them.

Younicos raised more than $75 million from investors including Korean lithium-ion battery maker Samsung,

Designing Storage for Homes That Don’t Have Solar Yet

Shell Energy North America, a division of the oil and gas giant Royal Dutch Shell, announced last week it has signed a purchase agreement for the acquisition of Texas-based MP2 Energy. The bid signals Shell’s growing interest in the power sector, including renewable energy and energy management services.

MP2 is a unique player in the electricity space with a diverse portfolio of assets and services. The company currently manages 1.7 gigawatts of power, including 30 megawatts of landfill gas, 30 megawatts of large-scale solar and 550 megawatts of wind, as well as 70 megawatts of natural-gas-fired peaker plants. MP2 also has around 40 megawatts of distributed

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The Commerce Department says it will impose anti-dumping duties of up to 7.7%
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The U.S. Commerce Department has announced new tariffs on Canadian softwood, the second set of duties imposed since April.

The Hill reports that the preliminary anti-dumping duties are as much as 7.7%. This is in addition to the department's imposition of countervailing duties of between 3% and 24% on Canadian lumber imports, announced in April.

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Designing Storage for Homes That Don’t Have Solar Yet

Hours after Tesla CEO Elon Musk sent out tweets touting production of the company’s upcoming Model 3 car and the huge manufacturing ramp planned for it, Tesla quietly released some more down-to-earth delivery numbers for the cars it currently produces. 

Tesla announced that the company delivered 22,000 of its electric vehicles, including its Model S and Model X, in the second quarter of 2017. That figure is lower than the number of cars Tesla shipped in the first quarter of the year, which came in at just over 25,000.

The second quarter deliveries bring the company's total number of cars

The Latest Trends in Corporate Renewable Energy Procurement

Much has been made of the interoperability problem with home energy storage systems. Existing solar customers, who represent an attractive storage market, need battery systems that can connect easily with their legacy equipment. AC-coupled storage has proliferated to solve that problem.

When Maine-based Pika Energy got to work designing power electronics for a new residential storage platform, the team decided to go in a different direction.

"AC coupling is attractive because you can retrofit it, however, actually getting the new battery inverter to talk to the legacy PV inverter is not a simple thing to do," said president and co-founder Ben Polito. "Do you want to

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We are a privately-owned Qatari company established in June 2011 and operating from Doha, Qatar.

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