New & Noteworthy

Feds Holding Competitive Lease Sale For N.C. Offshore Wind

Posted by Betsy Lillian on January 18, 2017

A federal wind auction is being held on March 16 for 122,405 acres offshore Kitty Hawk, N.C., the U.S. Department of the Interior (DOI) has announced. According to Sally Jewell, DOI secretary, this latest auction represents the “growing market demand [Read More]

M&A Action: Renewable Choice Energy Acquired By Schneider Electric

Posted by Betsy Lillian on January 18, 2017

Renewable Choice Energy, a Boulder, Colo.-based provider of clean energy products and services, has been acquired by Schneider Electric, which specializes in energy management and automation. Under the new deal, Renewable Choice will join Schneider’s energy and sustainability services (ESS) [Read More]

Federal Decision Moves TransWest Transmission Project Forward

Posted by Betsy Lillian on January 17, 2017

TransWest says its 730-mile HVDC line would add 3 GW of transmission capacity to connect the Desert Southwest and Rocky Mountain regions and access more renewable energy resources, including wind power.

Wind/Hydro Transmission Line Switches Hands In New England

Posted by Betsy Lillian on January 17, 2017

National Grid, Anbaric and Citizens Energy – co-developers of the proposed Vermont Green Line (VGL) – have announced the conversion of National Grid’s and Citizens’ development loans to an equity investment in the project. Now, National Grid will assume primary [Read More]

Xcel Green-Lighted For Renewable*Connect Initiative In Minnesota

Posted by Betsy Lillian on January 17, 2017

Minnesota’s Public Utilities Commission has voted to approve a pilot program that will offer Minnesotans a flexible way to tap into wind and solar power, Xcel Energy has announced. Dubbed Renewable*Connect, Xcel’s new program will allow customers to subscribe to [Read More]

IRENA: Global Renewables Making Headway By ‘Nearly Every Measure’

Posted by Betsy Lillian on January 16, 2017

Falling costs, driven by innovation in technology and policy, are spurring renewable energy deployment and bringing forward myriad socioeconomic benefits globally, according to a new report released by the International Renewable Energy Agency (IRENA). “Renewables are gaining ground by nearly [Read More]

‘Wind For Industry’ Company Grabs $80M From Prudential

Posted by Betsy Lillian on January 16, 2017

One Energy Enterprises LLC, a Findlay, Ohio-based provider of Wind for Industry solutions for large electricity consumers, has secured $80 million in financing from Prudential Capital Group. Prudential Capital Group is the private placement arm of PGIM, the global investment [Read More]

How Did 2016 Fare For U.S. Energy Employment?

Posted by Betsy Lillian on January 13, 2017

Changes in America’s energy profile are affecting national employment in key sectors of the economy, explains a new report from the U.S. Department of Energy (DOE). In particular, wind and solar added 25,000 and 73,000 new jobs, respectively, last year, [Read More]

Centrica No Longer An Owner Of Wind Assets

Posted by Betsy Lillian on January 13, 2017

In a deal representing the company’s departure from owning wind assets, U.K. energy company Centrica has agreed to sell its 50% interest in the Lincs wind farm. Lincs is a 270 MW offshore wind farm located off the coast of [Read More]

Nordex Has Biggest Year Yet In Home Market

Posted by Betsy Lillian on January 13, 2017

The Nordex Group closed 2016 with a strong December order intake in its home market of Germany: The turbine manufacturer received orders for 89 wind turbines in 33 projects with a combined capacity of 262.5 MW. Consequently, Nordex recorded a [Read More]