New & Noteworthy – Page 5

Duke Energy To Invest Big In Clean Energy As Part Of Emissions-Reduction Goal

Posted by Betsy Lillian on April 27, 2017

Charlotte, N.C.-based Duke Energy has established an aggressive goal to reduce carbon emissions 40% from 2005 levels by 2030, as well as invest $11 billion in renewables and natural gas, according to the company’s 2016 sustainability report. Today, 38% of [Read More]

United Wind Brings Distributed Wind Energy To Farmers

Posted by Betsy Lillian on April 27, 2017

Distributed wind company United Wind Inc. has announced a new agreement with Farmer’s Business Network Inc. (FBN), an independent farmer-to-farmer network that spans over 13 million acres of member farms. United Wind is now offering its WindLease through FBN’s farmer-direct [Read More]

Pattern Petitions Mississippi Regulators For Southern Cross Transmission

Posted by Betsy Lillian on April 26, 2017

Pattern Development has filed a siting certificate with the Mississippi Public Service Commission (MPSC) for the Southern Cross Transmission project, which would bring Texas wind to the Southeast U.S. The project is an approximately 500 kV, high-voltage direct-current (HVDC) transmission [Read More]

Gurit To Acquire Montreal-Based PH Windsolutions

Posted by Betsy Lillian on April 26, 2017

Montreal-based PH Windsolutions, a provider of wind blade mould automation systems, is being acquired by Gurit Holding AG. The transaction comprises the PH Windsolutions business, including its staff, operating assets and product IP, in the form of an asset deal, [Read More]

A Look At The Current Global Wind Market – And What’s To Come

Posted by Betsy Lillian on April 25, 2017

More than 54 GW of wind energy was installed across the global market in 2016, according to a new report from the Global Wind Energy Council (GWEC), which says the market now comprises more than 90 countries, including nine with [Read More]

Avangrid Renewables Names New CEO, Touts Strong First Quarter

Posted by Betsy Lillian on April 25, 2017

Thanks in part to its wind power business, in the first quarter of this year, Avangrid Renewables earned $70 million, or $0.23 per share, compared with $43 million, or $0.14 per share, for the same period in 2016. The company [Read More]

Hawaii Celebrates Renewable Energy Milestones

Posted by Betsy Lillian on April 24, 2017

To mark Earth Day 2017, Hawaiian Electric is highlighting its progress in replacing fossil fuels with renewable energy and reducing greenhouse-gas emissions. The company, including subsidiaries Maui Electric and Hawaii Electric Light, provides power to 95% of residents on five of Hawaii’s [Read More]

Maryland Energy Administration Launches Offshore Wind Grant Programs

Posted by Betsy Lillian on April 21, 2017

The Maryland Energy Administration (MEA) has allocated a combined $1 million for two new grant programs specifically targeting the offshore wind industry: the Offshore Wind Business Development Grant Program and the Offshore Wind Workforce Development Grant Program. The Offshore Wind [Read More]

WindShare Uses Crowdfunding To Finance Community Wind

Posted by Betsy Lillian on April 21, 2017

A new start-up, WindShare LLC, is offering a crowdfunding method for consumers to support the development of community wind projects. Through WindShare, investors can provide capital to wind developers, which then use the funds to secure land leases and build [Read More]

Washington City Operations To Be Powered Entirely By Wind

Posted by Betsy Lillian on April 21, 2017

The City of Mercer Island, Wash., has announced a commitment to run exclusively on wind power starting in 2019. Mercer Island plans to buy 20 years of wind power to replace its current mix of electricity for its city operations. Currently, [Read More]