NextEra Energy Resources, a leading renewable energy company in North America, has revealed that its solar PV portfolio in North America totals about 1100 megawatts (or 1.1 gigawatts). 800 megawatts of that is still in the pipeline, with 300 megawatts planned for completion by the end of 2013. The remaining 500 … [continued]
The below article is courtesy of Americans for a Clean Energy Grid. WASHINGTON, DC – Adding more wind power to the grid in the PJM region can lower gas and coal consumption and reduce regional wholesale energy market prices, saving nearly $7 billion per year in the mid-2020s, according to a … [continued]
900 megawatts (MW) of new solar energy projects in California have just been approved by U.S. Secretary of the Interior Ken Salazar. 750 MW is from the McCoy Solar Energy Project and the other 150 MW are coming from the Desert Harvest Solar Farm. The two new utility-scale projects will … [continued]
The 750 MW McCoy Solar Photovoltaic Project has been granted an expedited review by California’s Governor Jerry Brown. This puts the NextEra Energy Resources project, located in Riverside County, on the fast track to development. Current plans are for it to be built in two phases, with phase one done … [continued]
News of bankruptcies and downsizing aside, investors continue to put money to work in the solar power market. Venture capital funding, debt financing, and solar project M&A all increased in Q2, while 13 new solar-focused, clean tech investment funds were announced, according to Mercom Capital’s Q2 report. […]
by the American Wind Energy Association (AWEA) WASHINGTON – Two Cabinet secretaries met with 14 leaders of the U.S. wind manufacturing, construction, and development sectors at the White House today, advancing a bipartisan effort to extend the wind energy Production Tax Credit before Congress recesses for the summer, and … [continued]
I just had a nice little chat with the CEO of a wind power company that I think most of our readers would be a fan of. The company, OwnEnergy, is focused on “community wind power projects” in the U.S. Community wind is sort of a nebulous term — … [continued]
by Richard W. Caperton (Climate Progress repost) The barrage of dirty energy bills being introduced in Congress is dizzying. With extreme policymakers looking to force the Keystone XL tar sands pipeline, cut funding for public transportation and dismantle EPA air quality regulations, the situation is bleak. But there was some … [continued]
GE Energy Financial Services and JP Morgan announced yesterday that they are jointly investing $225 million into the 662.5-megawatt Capricorn Ridge wind farm in West Texas that is mostly owned and operated by NextEra Energy Resources. Here are some more details on the behemoth of a wind farm: in operation since … [continued]
Google made a big news splash this week, announcing it was partnering with KKR to invest in four California solar power projects, but that was only one of many newsworthy stories that broke. Among them are plans to develop an East Coast grid to carry power from offshore wind farms, BP Solar quitting the business after 40 years, a second German solar power industry player filing for insolvency and a second solar investment by Warren Buffet and Berkshire Hathaway’s Mid-American Energy.
