Tagged Investing

AWEA supports stand-alone energy storage tax credit

By Michelle Froese Making stand-alone energy storage systems eligible for a federal Investment Tax Credit (ITC) would create jobs and help modernize the U.S. electricity grid, according to over 150 companies and industry groups representing storage, wind, solar, hydro, manufacturing and other sectors. A broad coalition of over 150 companies and energy groups have asked…

Navigant’s energy storage tracker identifies over 1,900 projects

By Michelle Froese A new report from Navigant Research tracks global energy storage projects, providing data on the country, region, market segment, capacity, status, technology vendor, systems integrator, applications, funding, investment, and key milestones of each project. The report, Energy Storage Tracker 4Q18, provides a comprehensive resource of global energy storage projects. Energy storage grants…

Shell Partners With Institutional Investors To Set New Climate Targets

By Joshua S Hill On Monday, British-Dutch oil and gas company Royal Dutch Shell announced new climate targets developed in partnership with institutional investors on behalf of Climate Action 100+, which include new public short-term Net Carbon Footprint targets which will be linked to executive pay Read Full Article Here For more great articles: Clean…

ALLETE & Xcel extend contracts for Southern Minnesota wind site

By Michelle Froese ALLETE Clean Energy, a wholly owned subsidiary of ALLETE ALE, has approved new five-year power sale agreements between its Viking wind facilities in southern Minnesota and Xcel Energy. The eight General Electric wind turbines at the site have been generating electricity since 2003. “We are pleased to collaborate with Xcel Energy to…

Fengate & Longroad co-developing Weaver wind project in Maine

By Michelle Froese Fengate Asset Management and Longroad Energy Partners (LEP) have announced a co-development and financing partnership to develop and construct the 72.6-MW Weaver wind project in Hancock County, Maine. The 22-turbine project in Maine is in late stage-development and is expected to achieve a notice to proceed in mid-2019, according to the developers….

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