The US government has shaken up the list of offshore wind developers eligible for up to $40m each to fund demonstration projects, with projects backed by LEEDCo and the University of Maine replacing others backed by Dominion Resources and Principle Power.
Presumptive Republican presidential nominee Donald Trump on Thursday paid lip service to renewables in his biggest speech on energy policy to date, but confirmed his intention to “rescind” the Obama administration’s Clean Power Plan and “cancel” the Paris Climate Agreement.
27 May 2016 03:15 GMT
Large wind turbine manufacturers are investing heavily in the US as part of an industry-wide effort to become as cost-competitive as possible with natural gas and solar before the production tax credit (PTC) expires at the end of this decade.
26 May 2016 03:14 GMT
Many American wind leaders are confident that Donald Trump would not dent the market’s short-term momentum if elected to the White House, although the spectre of a Trump presidency becomes more unsettling in the longer term.
26 May 2016 02:10 GMT
Invenergy, the largest privately owned US renewables developer, is launching a corporate venture-capital fund to invest in clean-energy companies whose technologies will benefit its own renewables projects and those across the industry.
26 May 2016 02:05 GMT
Brazil's wind power sector floated the idea of dollar-denominated power-purchase agreements (PPAs) in order to finance local projects, after the country’s interim government indicated that it could sharply reduce financing from the National Development Bank BNDES as part of a draconian fiscal package announced this week.
26 May 2016 08:14 GMT
Danish utility Dong Energy has set an indicative price range of DKr200-255 ($30.04-38.30) per share for the initial public offering of between 15.1% and 17.4% of its existing shares through a partial sell-down of its current shareholders.
26 May 2016 07:43 GMT
Europe’s 25 years' experience building 11GW of offshore wind could help the US dodge many of the pitfalls encountered in the North and Baltic seas, but unique challenges remain for the emerging North American market, according to an AWEA WindPower 2016 panel.
25 May 2016 11:18 GMT
Competition in the American turbine market will heat up, as the long-term clarity afforded by the production tax credit (PTC) extension attracts suppliers from around the world — including some that had gone quiet in the US.
25 May 2016 09:59 GMT
GE is not engaged in serious discussions to acquire Adwen, the offshore wind joint venture of Gamesa and Areva, and already has all the pieces in place to become a leading offshore turbine supplier globally, GE Renewable Energy chief executive Jérôme Pécresse tells Recharge.
25 May 2016 08:26 GMT
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