On March 9, Oklahoma’s House of Representatives passed H.B.2298, which would end the state’s production tax credit for wind energy production three-and-a-half years earlier than current law. This measure was first proposed in Gov. Mary Fallin’s 2018 executive budget. The [Read More]
A new tax proposed for existing projects could make wind developers think twice before making big capital investments in the state.
Duke Energy Renewables’ large-scale Frontier Windpower Project is now delivering power in Oklahoma. The wind facility, located in Kay County, became operational in late December. At 200 MW, the wind farm increases Duke Energy Renewables’ U.S. wind capacity to 2.3 [Read More]
In her newly laid out budget proposal for the state, Gov. Mary Fallin, R-Okla., is proposing a new tax on wind power, as well as an acceleration of the phase-out of the state production tax credit (PTC). According to the budget [Read More]
Allianz Capital Partners and Mitsubishi UFJ Financial Group Inc. (MUFG) have jointly invested tax equity in the Great Western wind park, developed and owned by EDF Renewable Energy (EDF RE) in Oklahoma. The 225 MW Great Western project is situated [Read More]
The Sierra Club has filed its opening brief with the Oklahoma Supreme Court in an effort to overturn a decision by the Oklahoma Corporation Commission (OCC) that approves Oklahoma Gas & Electric’s (OG&E) proposal to spend $500 million to retrofit [Read More]
The Cherokee Nation Tribal Council has approved the leasing of more than 4,000 acres of tribal trust land in Oklahoma to wind farm developer PNE Wind. Cherokee Nation – the federally recognized government of the Cherokee people – says the [Read More]
Public Service Co. of Oklahoma (PSO) is requesting proposals for additional wind energy resources that must be in commercial operation by Dec. 31, 2018. Proposed projects must be located in Oklahoma and have a minimum nameplate rating capacity of 80 [Read More]
The state, which provides a zero-emissions tax credit representing about 20% of the federal PTC of $23/MWh, is currently facing a depletion of its general revenue fund.
Enel Green Power North America (EGPNA) has started construction of the Chisholm View II wind project in Oklahoma, which is an expansion of the existing 235 MW Chisholm View wind farm and, once completed, will bring the site’s total installed [Read More]