General Electric sees strong wind turbine orders this quarter as US developers rush to qualify projects for the full production tax credit (PTC), as it raised its full-year shipment forecast to 3-3,200 units from an earlier 3,000.
The US Environmental Protection Agency has awarded leadership awards to 16 “Green Power Partners” including technology giants Apple, Cisco Systems and Intel and investment bank Goldman Sachs, for achievements in expanding the domestic renewable energy market.
20 October 2016 06:05 GMT
E.ON has secured an off-take agreement with US healthcare-products giant Johnson & Johnson for half the output from its 200MW Colbeck’s Corner wind farm in Texas, as the German energy group intensifies its focus on the US market.
20 October 2016 01:33 GMT
Fitch Ratings has warned that oil companies not diversified into renewables could struggle to access capital as the advance of battery technologies and the rise of electric vehicles (EVs) curbs global demand for oil.
19 October 2016 06:33 GMT
Brazil’s energy planning authority EPE said it will not revise grid-connection rules for the upcoming solar and wind tender, despite criticisms by regional authorities and trade groups that wanted changes to the guidelines.
19 October 2016 03:13 GMT
Canada ranked fourth in the world in renewable power production in 2015, with its hydro-dominated base providing 64.5% of the country’s electricity versus 60.2% a decade earlier – but solar and wind face challenges to further gain market share, according to a new report from the National Energy Board.
18 October 2016 06:17 GMT
The New Development Bank (NDB), created in 2014 by the Brics group (Brazil, Russia, India, China and South Africa) could have an important role in guaranteeing the $177bn yearly investments the group would need to meet self-declared renewable energy targets over the next ten to 20 years, says a new report.
18 October 2016 03:45 GMT
Wind power is gearing up to be the main engine for the global power sector's growth, with expectations it will supply as much as 20% of world's electricity by 2030, according to the latest forecast from the Global Wind Energy Council (GWEC).
18 October 2016 06:08 GMT
UK oil and gas group BP is considering whether to expand its US wind power business before the year's end in order to benefit from the higher rate of US production tax credit (PTC), after several years of steering clear of clean energy investments.
17 October 2016 12:44 GMT
The Brazilian Wind Power Association (ABEEólica) is against changing transmission guidelines for the 16 December reserve auction, but believes there will be enough demand to contract 2GW even though the government has barred a majority of projects due to grid bottlenecks.
14 October 2016 09:42 GMT
Windstream Energy scored a major legal victory against Canada for having had its 300MW Wolfe Island Shoals project in Lake Ontario sidelined by a provincial offshore wind moratorium in 2011 – winning C$28m ($21.3m) in damages and re-opening a pathway for the project to get built.
14 October 2016 03:53 GMT
Interstate Power and Light (IPL) has reached a settlement with consumer groups and a state agency on certain terms and conditions related to its proposed 500MW New Wind project, greatly improving chances Iowa regulators will approve it by 2 December.
13 October 2016 03:38 GMT
Omaha Public Power District (OPPD) will begin purchasing 100% capacity of the recently completed 400MW Grand Prairie facility in northern Nebraska by 1 June 2017 from owner Berkshire Hathaway Energy (BHE) Renewables, the publicly-owned utility told Recharge.
12 October 2016 03:43 GMT
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