department of energy

The US Department of Energy (DOE) will need to invest US$25 billion by 2030 to maintain its position as a leader in the global energy sector.

A report published by the US Department of Energy (DOE) this week claims that the previous government’s support for renewable energy could cause blackouts to “increase by 100 times” by 2030.

The US Department of Energy budget proposal promises to remove funding for solar and wind energy and expand support for nuclear weapons.

The US Department of Energy’s (DOE) Loan Programs Office (LPO) announced two conditional commitments and one loan closing in Puerto Rico, totalling over US$1.2 billion.

Improving access to data and shortening interconnection processes are key priorities for the US grid, says the Department of Energy (DOE).

The waiver “Concluded that BABA-compliant modules will not likely be available from domestic manufacturers in sufficient quantities."

The investments will protect the grid from the increasing threat of extreme weather and expand grid capacity as demand grows, the DOE said.

The loan guarantee will allow for the development of up to 200MW of solar PV and 285MW/1,140MWh of standalone BESS in Puerto Rico.

The new projects will support new capacity in Texas, Mississippi, Louisiana, Oklahoma and New Mexico as well as Maine.

Insurer kWh Analytics has launched a US$2.4 million initiative to “develop innovative approaches” to improve the resilience of PV projects.