Xcel Energy says it is moving forward with plans to purchase a repowered wind project totaling 120 MW in southwest Minnesota from ALLETE Clean Energy. Rebuilding older wind technology with newer, more efficient equipment increases the amount of energy delivered at … Read More
pandemic
IEA: Clean Energy Investment Rebounded but Needs to Rapidly Accelerate
Global investment in energy is set to rebound by nearly 10% in 2021 to $1.9 trillion, reversing most of last year’s drop caused by the COVID-19 pandemic, but spending on clean energy transitions needs to accelerate much more rapidly to … Read More
Greelink Nevada Renewable Energy Initiative Receives PUCN Approval
The Public Utilities Commission of Nevada (PUCN) has approved moving forward on NV Energy’s Greenlink Nevada transmission and renewable energy initiative. NV Energy says Greenlink Nevada will transform the state’s clean energy landscape by tapping into resource-rich renewable energy zones … Read More
ALLETE Clean Energy to Repower, Expand Minnesota Wind Projects
ALLETE Clean Energy, a wholly owned subsidiary of ALLETE Inc., says it will repower and expand the Northern Wind site – consisting of the Chanarambie and Viking wind projects in southwest Minnesota – by replacing the existing turbines with new, … Read More
Enel Green Power Touts Record-Breaking Renewable Capacity
Enel Green Power (EGP), a global company that specializes in the development and operation of renewables, has set a new record in 2020 by building 3,106 MW of new, global renewable capacity – 77 MW more (+2.5%) compared to the … Read More
BNEF: Corporations Invest in Record Amount of Clean Energy in 2020
Corporations purchased a record of 23.7 GW of clean energy in 2020, up from 20.1 GW in 2019 and 13.6 GW in 2018, according to new research published by BloombergNEF (BNEF). The increase came despite a year devastated by the COVID-19 … Read More
Amidst COVID Utility-Scale Wind Continues to Set Generation Records
Despite the COVID-19 pandemic, electrical generation by the nation’s utility-scale wind and solar plants continues to set new records – it was 35.1% greater in November 2020 than it was in the same month a year earlier, according to a … Read More
World Invests Record Amount in Decarbonization Efforts
The world has committed a record $501.3 billion to decarbonization in 2020, beating the previous year by 9% despite the economic disruption caused by the COVID-19 pandemic, according to recent energy transition investment analysis compiled by BloombergNEF (BNEF), Bloomberg’s primary … Read More
Murphy Unveils Plans to Build State-of-the-Art Monopile Manufacturing Facility
Gov. Phil Murphy, alongside EEW, Ørsted, legislators and members of the building trades, has unveiled a $250 million investment in a state-of-the-art manufacturing facility to build monopiles for offshore wind turbines that will serve the entire U.S. offshore wind industry. … Read More
New Bipartisan Bill Grants Wind Industry Much Needed Relief
Congress has reached a bipartisan deal that contains important emergency relief measures for the renewable energy industry, including a one-year extension of the production tax credit (PTC), and a new 30% investment tax credit for offshore wind projects that start … Read More