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Wind
Outlook Shows Net-Zero 2050 Miss, Despite $12 Trillion Spend
DNV’s Energy Transition Outlook North America report forecasts energy-related CO2 emissions falling 75% to 1.3 gigatons of CO2 by 2050.
BOEM Completes Review of Dominion’s Coastal Virginia Offshore Wind
With 176 wind turbines each holding a capacity of 14.7 megawatts, the Coastal Virginia Offshore Wind project is expected to produce enough electricity for 660,000 Virginia homes, Dominion Energy says.
Energy Transition in Motion (Week of Sept. 22, 2023)
Here is a look at some of this week’s renewable energy news, including First Solar’s $1.1 billion solar panel facility groundbreaking in Louisiana.
Ørsted CEO: US Offshore Wind Targets Still Possible to Achieve But Not Easy
The Danish energy company said at the end of August that it may see U.S. impairments of 16 billion Danish crowns (US$2.3 billion) due to supply chain problems, soaring interest rates and a lack of new tax credits.
Sage Geosystems ‘Revolutionizes’ Grid with Energy Storage
Sage Geosystems’ energy storage technology, which can be used in new and former oil wells, provides short- and long-duration storage capabilities, company says.
Eversource Energy Closes Sale Offshore Lease Area to Ørsted
Eversource also has determined that it is “in the best long-term interest of the company” to advance the sale of its existing 50% interest in three jointly owned contracted offshore wind projects: South Fork Wind, Revolution Wind and Sunrise Wind.
Repsol Enters US Onshore Wind with $768MM Acquisition
Repsol will buy ConnectGen, a subsidiary of Quantum Capital Group’s 547 Energy, as the Spanish company works to grow its renewable power portfolio.
Energy Transition in Motion (Week of Sept. 8, 2023)
Here is a look at some of this week’s renewable energy news, including ‘one of the largest U.S. cleantech equity private placements of 2023 to date.’
Energy Transition in Motion (Week of Sept. 1, 2023)
Here is a look at some of this week’s renewable energy news, including over $1 billion in equity capital raised for a lithium-ion battery recycler and $2 billion more for a planned EV battery plant.
EVREC Granted Right to Pursue Newfoundland & Labrador Wind Project
Exploits Valley Renewable Energy Corp. received a wind application recommendation letter from its bid submission, giving it an exclusive right to peruse a wind project in Newfoundland and Labrador’s Crown land application and approval process.