New & Noteworthy – Page 417

AWEA Expects Record Year For Wind Power Capacity

Posted by NAW Staff on August 09, 2007

The U.S. wind energy industry is on track to add well over 3,000 MW to the nation's power generating capacity this year, thereby topping last year's record of 2,454 MW, according to the second-quarter market report released by the American [Read More]

Major Growth Predicted For Global RE Investment

Posted by NAW Staff on August 07, 2007

Global investment in renewable energy could reach $750 billion within the next 10 years, according to the latest Ernst & Young Renewable Energy Country Attractiveness Index, which tracks and scores investment in renewable energy. Demand for renewable energy is growing [Read More]

House Approves Energy Package With National RE Portfolio Standard

Posted by NAW Staff on August 06, 2007

The U.S. House of Representatives has approved two energy bills: H.R. 3221: New Direction for Energy Independence, National Security and Consumer Protection Act – passed by a vote of 241-172 – and H.R. 2776: Renewable Energy and Energy Conservation Tax [Read More]

Wells Fargo Launches Electricity Hedging Program

Posted by NAW Staff on August 02, 2007

Wells Fargo & Co. plans to offer electricity price hedging to middle-market companies to help them manage their power costs. The hedging program is designed to benefit companies spending at least $1 million annually on electricity and help them purchase [Read More]

National Ski Areas Association Reports Widespread Green Energy Use

Posted by NAW Staff on July 30, 2007

The National Ski Areas Association has released its seventh annual report on the sustainable slopes environmental charter for ski areas. The charter was adopted in June 2000 and revised in 2006 as a collection of environmental best practices for ski [Read More]

Ontario Residents Support Wind Farms

Posted by NAW Staff on July 30, 2007

According to a recent survey conducted by Innovative Research Group Inc. (IRG), the majority of Ontario, Canada, residents who live in areas where wind development projects are in place support these projects and wind energy in general. Nine in 10 [Read More]

AWEA Promotes RPS In New Media Campaign

Posted by NAW Staff on July 30, 2007

The American Wind Energy Association (AWEA) has begun a major media campaign – including television advertising – to encourage support for a national renewable energy/portfolio standard (RPS). The organization's television advertisement will run in nine media markets, specifically seeking support [Read More]

Luminant, Shell To Develop 3,000 MW Texas Wind Farm

Posted by NAW Staff on July 27, 2007

Shell WindEnergy Inc. and Luminant, TXU Corp.'s competitive power generation business, have formed a joint development agreement to build a 3,000 MW wind project in the Texas Panhandle and to work together on other renewable energy developments in Texas. Shell [Read More]

SUEZ Energy North America Acquires Ventus Energy

Posted by NAW Staff on July 27, 2007

Houston-based SUEZ Energy North America, an affiliate of Belgium-based SUEZ Energy International, has signed an agreement to acquire Toronto-headquartered wind power development company Ventus Energy Inc. The transaction will involve the purchase of 100% of the shares of Ventus for [Read More]

Rate Relief Package Promises More RE For Illinois Customers

Posted by NAW Staff on July 25, 2007

Ameren Corp. and the Ameren Illinois utilities have unveiled a $488 million rate relief package that includes a mandate for adding renewables to the utilities' generation portfolio. The broad-based assistance is part of a more than $1 billion agreement that [Read More]