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Day: August 16, 2024

Sage Geosystems begins construction of 3 MW geothermal storage facility for ERCOT grid

Company draws on oil and gas drilling tech to get renewable energy from dry rock formations. August 16, 2024 Houston-based Sage Geosystems has started construction on a 3 MW geo-pressurized geothermal energy storage system in Christine, Texas. The announcement follows a land-use agreement signed with the San Miguel Electric Cooperative Inc. (SMECI) enabling the location …

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NOVA Infrastructure purchases community solar provider UGE

A UGE project in Maryland. Credit: Polar Racking NOVA Infrastructure, a middle-market infrastructure investment firm, has completed the purchase of UGE International Ltd., a community solar and battery storage business. On May 28, 2024, NOVA agreed to acquire approximately 70% of the common shares of UGE, a publicly traded entity listed on the TSX Venture …

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The myth of meaningful and equitable energy access

A recent headline in this publication stated that “community solar increases energy equity.” It is true that incentives and legislation ensure that community solar projects are built to include low- to middle-income (LMI) communities in a meaningful way.  And undoubtedly, the “middle income” part of “LMI” are benefitting from access to clean, low-cost solar power. …

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Torus launches new microgrid management software

Torus announced the launch of Torus Community, a distributed energy management feature designed to significantly improve grid stability. The rollout of Community comes after more than a year of successful contributions to grid resilience from Torus customers involved in Rocky Mountain Power’s (RMP) Virtual Power Plant program. Torus Community leverages the company’s full-stack microgrid technology …

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Sunrise brief: On 2nd anniversary, a look at IRA successes and failures

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