By Michelle Froese Fitch Solutions Macro Research (a unit of Fitch Group) has released a new report that indicates rapid renewable energy growth will have a limited impact on the overall power-generation mix. However, its findings also show that non-hydro renewables sector will reach more than 2.4 Terawatt (TW) of installed capacity by 2028 —…
By Michelle Froese The Illinois Power Agency (IPA) has data indicating that Illinois will be unable to meet its renewable energy goals without legislative change. It shows that the state’s rapid growth in wind and solar energy will effectively cease until 2025. (see slides 12 and 21). Without new legislation, Illinois will reach less than…
By Michelle Froese According to the NJBPU, today’s decision represents single largest award for offshore wind in U.S. to date and moves New Jersey closer to its goal of 3.5 GW of offshore wind by 2030. Today, the New Jersey Board of Public Utilities (NJBPU) made a historic announcement, approving Ørsted’s solicitation for its1,100-MW Ocean…
By Michelle Froese The New Jersey Board of Public Utilities (NJBPU) unanimously granted the state’s first award for offshore wind to Ørsted’s Ocean Wind, giving the company the opportunity to build 1,100 MW of offshore wind in federal waters. The 1,100 MW of offshore wind is expected to power roughly 500,000 New Jersey homes and…
By Michelle Froese The Customer Savings Plan is expected to result in the investment of more than U.S. $1.1 billion, while reducing energy costs for customers over the life of the projects. Algonquin Power & Utilities Corp. (APCU) announced that its regulated utility business, Liberty Utilities, has received certificates of convenience and necessity (CC&N) to…
By Michelle Froese Governor Janet Mills, D-Maine, has made several new announcements this week, including signing into law LD 994, legislation that requires the Public Utilities Commission to approve the contract for Maine Aqua Ventus — the first of its kind demonstration project of floating offshore wind in the United States. Governor Mills signs bill…
By Michelle Froese The U.S. Department of Interior’s Bureau of Ocean Energy Management (BOEM) has published the official notice for comment on Anbaric’s proposed New York and New Jersey OceanGrids, advancing the projects along in the federal approval process. Anbaric is the first to present to BOEM a planned transmission system application to use federal…
By Michelle Froese Evan Vogel NRG Systems, Inc. announced that Evan Vogel has joined the company as president. Vogel brings more than 30 years of experience in power, energy, and renewables to his new role, most recently overseeing marketing and engineering for Schneider Electric’s Solar and Energy Storage Business. Vogel also led Schneider’s transition from…
By Michelle Froese The new rule will go into effect shortly after publication in the Federal Register. The U.S. Environmental Protection Agency (EPA) released its final Affordable Clean Energy Rule, which replaces the Clean Power Plan with less stringent emissions guidelines for power plants. Essentially, the final ruling “restores the rule of law,” letting states…
By Michelle Froese HYTORC’s web-based inventory management system lets users track bolting equipment and calibration status. HYTORC, which aims to make industrial bolting safer and simpler, provides a complete suite of on-site services to improve productivity through scheduled calibrations, repairs, preventative maintenance, loss prevention, and operator training. The company currently offers the largest mobile service…
By Michelle Froese Vineyard Wind’s proposed project was selected through a competitive process in May 2018 to provide clean, wind energy to customers of Massachusetts’ three electric distribution utilities. The contracts between the utilities and Vineyard Wind have already been approved. Vineyard Wind, which is developing the United States’ first-utility-scale wind farm, celebrated the opening…
By Michelle Froese H.R. 3301 may extend the wind PTC deadline to 2020. The American Wind Energy Association (AWEA) has issued a statement in response to the House Ways and Means Committee’s introduction of H.R. 3301, a tax extenders package that would prolong expired tax credits or credits expiring in 2019. The proposed package would…
By Michelle Froese EDP Renewables North America (EDPR) and its offtake partners Cummins Inc., Nestlé, and Wabash Valley Power Alliance celebrated the completion and commissioning of the Meadow Lake VI Wind Farm today with a dedication and ribbon-cutting event. Construction of Meadow Lake VI Wind Farm farm provided about 140 jobs and several permanent jobs….
By Michelle Froese The AW3000 turbine platform delivers a lower cost of energy for lighter-wind regions. The Nordex Group has signed a contract with the North American subsidiary of the French energy group Engie S.A. to supply and install wind turbines at the Prairie Hill project, near to the town of Mart in Texas. The…
By Michelle Froese Two wind energy and five solar power projects, with a total capacity of over 1 GW, have been auctioned off to investors at a unique event on the trading floor of the New York Stock Exchange. A couple of wind power and five solar power projects were auctioned off to investors at…