Blog
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The Electricity Sector Is Dominating the Modern Energy Transition; Heating/Cooling and Transport Must Catch Up
New data on the world’s transition to renewable energy are in, and the results are clear — the electricity sector’s uptake of renewables is well underway, but the transition for the heating/cooling and transport sectors has “barely begun,” according to the REN21 Renewables 2018 Global Status Report. Source: Renewable Energy
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FERC releases draft environmental impact statement for 361.9-MW Yuba River relicensing
The Federal Energy Regulatory Commission in the U.S. has prepared a draft environmental impact statement for relicensing of the 361.9-MW Yuba River Development Project in California. Source: Renewable Energy
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Trump Orders Action to Stem Coal, Nuclear Plant Shutdowns
President Donald Trump ordered his energy secretary to take immediate action to stem power plant closures, arguing that a decline in coal and nuclear electricity is putting the nation’s security at risk. Source: Renewable Energy
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A Second Act for Wind Farms: Repowering for Capacity and Efficiency New Life for Wind Turbines: The Age of Repowering Is Here
The global wind turbine fleet, which, according to data from the Global Wind Energy Council, currently stands at about 341,000, faces an important reality as the years go by – many of its units are getting old. Source: Renewable Energy
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Editor's Letter: States Are Leading the Way (Again) on the Utility of the Future
In April, we witnessed two historic new laws that go further than ever before on changing utility business models, once again showcasing state leadership on clean energy. Hawaiian legislators passed the Ratepayer Protection Act, which directs utilities and the PUC to come up with mechanisms to reward utility performance such as affordability, reliability, customer engagement,…
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Who’s Who in US Offshore Wind: A Look at the Key Developers and Major Projects in the U.S. Offshore Wind Pipeline
While it is still early days for steel in the water, the U.S. offshore wind industry is ripe with activity. As of April 2018, there were 30 active offshore wind sites in the U.S. with three very close to beginning construction. Source: Renewable Energy
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Nevada Utility Is Putting $2 Billion into Solar Power and Storage
Berkshire Hathaway subsidiary NV Energy is planning to invest $2 billion on solar power from six new projects in Nevada representing 1 GW of capacity. Source: Renewable Energy
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China Strives to Speed Up Development of EV Charging Stations
China plans to build a network of 12,000 charging stations to meet the power demands of 5 million EVs by 2020. Source: Renewable Energy
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Future Operations at Puna Geothermal Are Uncertain Following Lava Damage
In a May 30 update, Ormat Technologies said that damage to the Puna Geothermal complex caused by lava from the Kilauea volcanic eruption in Hawaii has made it difficult for the company to determine when the plant will resume operations. Source: Renewable Energy
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Should New Solar Investors Worry About Tax Credit Recapture? Not So Much.
New sponsors/investors often ask whether a solar investment tax credit (“ITC”) can be clawed back. This is important because these investors are often asked to backstop the ITC. The short answer is that the “unvested” portion of the credit can be clawed back where the project is sold or turned off permanently. The real risk,…