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Block Island reaches financial close

Wind Power Monthly - 2 hours 37 min ago
UNITED STATES: Deepwater Wind's 30MW Block Island project has reached financial close, the first offshore project in the US to do so.
Categories: Wind Power

India to Quadruple Renewable Capacity to 175 Gigawatts by 2022

Renewable Energy News - Mon, 03/02/2015 - 17:33

India plans to quadruple its renewable power capacity to 175 gigawatts by 2022 as part of the government’s plan to supply electricity to every household, Finance Minister Arun Jaitley said Saturday.

New Mexico Utility Adding Wind, Solar and Geothermal to Its Power Mix

Renewable Energy News - Mon, 03/02/2015 - 16:22

Public Service Co. of New Mexico parent PNM Resources (NYSE: PNM) said in its Feb. 27 annual Form 10-K report that its utility subsidiary is gradually adding more renewable energy to its portfolio.

Pattern Energy revenue up 32%

Wind Power Monthly - Mon, 03/02/2015 - 15:27
UNITED STATES: Pattern Energy has posted revenue of $265.5 million in its 2014 financial results, an increase of 32% on 2013.
Categories: Wind Power

Storms bring down Gamesa turbine

Wind Power Monthly - Mon, 03/02/2015 - 15:09
SPAIN: Iberdrola confirmed it is investigating a turbine fall in February affecting a Gamesa G47-660kW wind turbine at the 16-year old 19.8MW El Tablado wind plant in Zaragoza and Soria, one of Spain's windiest provinces.
Categories: Wind Power

The Food Waste Debacle

Renewable Energy News - Mon, 03/02/2015 - 14:52

Last week there was a Fast Food industry fly-in to DC — arguing for a repeal of the Renewable Fuel Standard on the grounds of food price impact. Politico reports:

China’s Polysilicon Imports Surged in Late 2014

Renewable Energy News - Mon, 03/02/2015 - 14:30

China’s polysilicon imports via ports in Shandong province amounted to 2,883 tons for the first 11 months of 2014, an increase of 73.6 percent over the same period of 2013, according to data from Jinan Customs. These imports were valued at 440 million yuan (approx. US$70.4 million), up 89 percent from a year earlier, while the average import price was 154.7 yuan (approx. US$24.8) per kilogram, up 8.8 percent.

Palo Verde Is Top Producer For 23rd Year

Nuclear Power - Mon, 03/02/2015 - 14:16
For the twenty-third year in a row, it's the Palo Verde Nuclear Generating Station at the top of the list in electrical generation in the United States. Furthermore, the country's only desert-located plant, which is operated by APS, set a record for power generation for the 10 th time, producing...(read more)

Georgia PSC Could Decide On Vogtle Overruns Soon

Nuclear Power - Mon, 03/02/2015 - 13:04
Georgia Power Co. filed documents with the state on Friday that said overrun costs for Plant Vogtle expansion would push the project price tag above $7.5 billion in a filing that could prompt the Georgia Public Services Commission to decided on who pays for the overruns sooner than was expected. The...(read more)

Tracking the Rise of Intelligent Energy Storage

Renewable Energy News - Mon, 03/02/2015 - 11:51

Power industry regulators around the world are increasingly coming to realize the multiple benefits and advantages of intelligent energy storage solutions. As Navigant highlights in the Q1 2015 edition of its Energy Storage Tracker, new regulatory mandates in the U.S., Europe and across Asia-Pacific were key factors that made 2014 “a major year for the global energy storage industry.”

India enters top five in EY attractiveness index

Wind Power Monthly - Mon, 03/02/2015 - 10:08
WORLDWIDE: India rises one place to fifth as the UK slips from seventh to eighth in Ernst and Young's (EY) latest renewable energy country attractiveness index as Egypt enters the top 40.
Categories: Wind Power

News story: Secretary of State’s decision on RWE Letter One transaction

Department of Energy - Sat, 02/28/2015 - 11:20
Consideration of the proposed acquisition by LetterOne of North Sea oil and gas fields owned by RWE Dea has concluded.

UK Low-Carbon Contract Winners Revealed: Wind Scores, Solar Disappoints

Renewable Energy News - Fri, 02/27/2015 - 15:38

The first round of the Contracts for Difference (CfD) programme — the UK scheme that is designed to support low-carbon generation and a capacity margin in the energy sector — has concluded. Contracts were offered to 27 renewable electricity projects with a total value of some £315 million (US$500 million), which include two offshore wind farms with a total planned capacity of more than 1.1 GW, 15 onshore wind projects and five solar projects. In total, more 2 GW of new low-carbon capacity (including renewables, nuclear and carbon capture and storage) could be built under the CfD scheme.

Iberdrola Agrees to Buy UIL for $3 Billion to Expand US Renewable Business

Renewable Energy News - Fri, 02/27/2015 - 15:04

Iberdrola SA, Spain’s largest electricity company, agreed to buy UIL Holdings Corp. in a deal valued at about $3 billion in cash and shares to create a U.S. utility with about 3.1 million customers.

Are Utilities or States the Leaders in Renewable Energy and Efficiency?

Renewable Energy News - Fri, 02/27/2015 - 14:56

A June 2014 study by Ceres highlighted the top electric utilities for renewable energy and efficiency. In an article discussing the findings, Utility Dive suggested that there are “wide disparities […] in the extent to which electric utilities currently deliver renewable energy and energy efficiency.” To find the source of these disparities, look n

Acciona Windpower earnings increase

Wind Power Monthly - Fri, 02/27/2015 - 14:36
SPAIN: Acciona's wind division posted an increased pre-tax profit of €39 million in 2014, reversing a €52 million loss in 2013.
Categories: Wind Power

Scientific Research Crucial to Success of New Biofuels Plants

Renewable Energy News - Fri, 02/27/2015 - 14:14

The U.S. Energy Department's National Renewable Energy Laboratory (NREL) played crucial roles in the technology that has led companies DuPont, POET, and Abengoa to open commercial-scale facilities to turn biomass into clean transportation fuels.

NEI Pushes Department Of Energy On Nuclear Technology Export Licensing

Nuclear Power - Fri, 02/27/2015 - 14:10
The Nuclear Energy Institute this week commended the U.S. Department of Energy for its efforts to revamp nuclear technology exporting laws for the first first time in 25 years. But, as the DOE has issued the final changes to the regulations that have gone through substantial agency and public review...(read more)

Exelon Applauds Low Carbon Portfolio Standard As Lifeline For Illinois Fleet

Nuclear Power - Fri, 02/27/2015 - 12:14
Legislation introduced in both the House and Senate in Springfield, Ill., on Thursday would give Exelon's six nuclear power plants in the state economic viability for up to six years, the company said in a news release. Exelon has said its nuclear fleet in the state was struggling due to economic...(read more)