Month: July 2021

Repowering project underway at Terra-Gen’s 60-MW Oasis Wind

Last week Mortenson said it has started work at Terra-Gen’s 60-MW Oasis Wind project located in Mojave, California. The work involves the repowering of a project first operational in 2004. Mortenson will replace sixty 1-MW turbines with seventeen state-of-the-art, 3-MW class turbines. The repowered project will consist of six Vestas V112-3.45 MW turbines with 112-meter …

Repowering project underway at Terra-Gen’s 60-MW Oasis Wind Read More »

Solar advocacy groups unveil playbook used by pro-fossil fuel groups to stall rooftop solar

Special interest groups across the country are working to stall the growth of rooftop solar, according to a new report released last week by Environment America Research & Policy Center and U.S. PIRG Education Fund. In particular, utilities are maneuvering to end or drastically alter the popular policy of “net metering,” which ensures that solar …

Solar advocacy groups unveil playbook used by pro-fossil fuel groups to stall rooftop solar Read More »

SPACs offer new investment opportunities for energy industry

Much has been written and discussed in the last several months about SPACs, or special purpose acquisition companies.  What is a SPAC, and what are the possible applications of this capital raising and acquisition strategy in the energy industry?  These questions, and more, answered below. By Steve Carman SPACs have been around for years, but …

SPACs offer new investment opportunities for energy industry Read More »

Nordex Group wins order to supply 70 wind turbines for farm in Brazil

The Nordex Group has received an order to supply 70 of its N163/5.X wind turbines for a farm in Brazil’s northeast state of Piaui. The contract also includes the service of the turbines over a period of five years. Installation of the turbines, which will be delivered in a project-specific operating mode of 5.7 MW, …

Nordex Group wins order to supply 70 wind turbines for farm in Brazil Read More »

Hydro-Québec named Canada’s best corporate citizen for 2021

Hydro-Québec ranked first in the 2021 Best 50 Corporate Citizens in Canada released by Corporate Knights magazine. This annual ranking of the organization that promotes responsible business practices is based on data in the public domain concerning the governance of companies, as well as their social and environmental performance. According to a press release, Hydro-Québec’s …

Hydro-Québec named Canada’s best corporate citizen for 2021 Read More »

California CCA launches community solar program aimed at energy equity

This week Marin Clean Energy (MCE) a community choice aggregator in California announced the launch of two new programs, Community Solar Connection and Green Access, aimed at energy equity and affordability. MCE will be offering qualifying customers living in a designated disadvantaged community access to 100% renewable energy and a 20% discount on their electricity …

California CCA launches community solar program aimed at energy equity Read More »

New Jersey moves forward with two offshore wind projects representing almost 3 GW of capacity

This week the New Jersey Board of Public Utilities (NJBPU) announced it has selected Ocean Wind 2, an offshore wind energy project proposed by Ørsted, for a 20-year Offshore Renewable Energy Credit (OREC) award at the $84.03 price from the State’s second competitive solicitation for offshore wind energy. The NJBPU also awarded Atlantic Shores Offshore …

New Jersey moves forward with two offshore wind projects representing almost 3 GW of capacity Read More »

IRS extends safe harbor provisions for renewable energy projects in the US

New rules give developers a longer window during which to complete projects in order to qualify for tax credits on projects. On Tuesday, the Treasury Department and the Internal Revenue Service (IRS) issued guidance that extends safe harbor provisions for renewable energy projects in order to address impacts from the COVID pandemic.  The revisions, which are retroactive, …

IRS extends safe harbor provisions for renewable energy projects in the US Read More »