Deepwater Wind will soon embark on the final stage of construction of the Block Island Wind Farm, which remains on schedule to be completed this summer and commissioned this fall. Installation of the turbine towers, blades and nacelles is scheduled [Read More]
According to an analysis by WindEurope, the European offshore wind industry drew in EUR 14 billion in new investments in the first six months of this year. Seven projects, financing a total of 3.7 GW of new capacity, reached final [Read More]
Having emerged from several years of policy uncertainty, wind energy is now on track to grow from supplying around 5% of U.S. electricity today to 20% by 2030, says AWEA.
SunEdison, the bankrupt renewables company, has announced it is working with its two yieldcos, TerraForm Power and TerraForm Global, to explore selling SunEdison’s controlling Class B shares in both companies. According to a press release, this initiative will be conducted [Read More]
Illinois’ 25 largest wind farms have supported 20,173 jobs during construction and will add $6.4 billion to local economies over their 25-year life spans, according to findings from a new study released by Illinois State University’s Center for Renewable Energy. The [Read More]
Target says it has entered into an agreement with Starwood Energy Group to purchase a portion of power from the firm’s 211 MW Stephens Ranch Wind project near Lubbock, Texas. In a company announcement, the retail giant says the 40 [Read More]
OrbisEnergy, an innovation and incubation center in Lowestoft, Suffolk, in the U.K., says it has launched the SCORE program, a grant funding opportunity totaling 6 million British pounds intended to help small and midsize businesses develop new technologies – particularly [Read More]
With growing comfort from long-term capital providers, new off-takers and experienced developers, the wind industry is poised for further expansion despite any short-term challenges.
At the request of the New York State Energy and Research Development Authority (NYSERDA), the Long Island Power Authority (LIPA) has postponed its board of trustees meeting that will consider Deepwater Wind’s proposed offshore wind farm. In a statement, LIPA [Read More]
Several original equipment manufacturers have emerged as potential suitors for the Areva-Gamesa offshore wind player.