wind Archives

BOEM receives unsolicited offshore wind lease request, cancels second Gulf of Mexico sale

Hecate Energy is seeking a lease on the Outer Continental Shelf (OCS) in the Gulf of Mexico; BOEM is gauging competitive interest.

The wind isn’t blowing, but does Texas care? Why electricity prices are staying stable

Despite a poor month for wind generation, ERCOT is managing to keep electricity prices in check thanks to its increasingly diverse fuel mix.

‘First-of-its-kind’ parametric insurance launched for Maine wind project

The wind proxy hedge paired with the kWh Analytics Indifference Structure is meant to address the volatility of wind power by adding investment-grade cash flow above the P99 wind speed.

Previous bidder tries again with new offshore wind proposal in New Jersey

Community Offshore Wind has submitted a bid to build a wind farm off the state’s southern coast generating 1.3 GW of electricity.

‘Record’ growth needed to meet COP28 renewables goal

The Renewable Energy Statistics 2024 released by the International Renewable Energy Agency (IRENA) shows that despite renewables becoming the fastest growing source of power, the world risks missing the tripling renewables target pledged at COP28.

CEC adopts plan for 25 GW of offshore wind by 2045

The plan outlines analysis and strategies to deploy floating turbines off California’s central and northern coasts.

Dominion seeks solar, onshore wind, and more in latest request for proposals

DEV will only consider proposals for facilities located within PJM territory, but not including facilities located in the state of Virginia….

Offshore wind cancellations put goal of 30 GW by 2030 out of reach

The 2024 Offshore Wind Market Report suggests the United States can quickly make up ground and have 40 GW of offshore wind deployed by 2035….

Here comes the boom: Wood Mackenzie forecasts massive solar, wind, and storage growth

WoodMac predicts 5.4 TWac of new solar and wind will come online by 2033, as global energy storage capacity grows by more than 600%….

BOEM issues its final approval for two New England offshore wind projects

New England Wind 1 and 2, located about 20 nautical miles south of Martha’s Vineyard, will have a combined total capacity of up to 2,600 MW….

New York launches new large-scale renewable energy solicitation

Eligibility requirements for the competitive NYSERDA solicitation are due on July 15, and final proposals must be submitted by August 8. …

Mississippi milestone: AES celebrates completion of first utility-scale wind farm in the state

The 184.5 MW Delta Wind project features 41 Vestas turbines across 14,000 acres of privately-owned farmland in Tunica County….

Pattern Energy inks longterm PPA for Broughton Wind Project in Québec

The largest wind operator in Canada will double its capacity in Québec once the Broughton Wind project comes online in 2029….

Nearly all 50 states face local opposition to renewable projects, report finds

A new edition of Columbia Law School’s Sabin Center’s Opposition to Renewable Energy Facilities in the United States report identified 378 renewable energy …

Ørsted completes construction of 518 MW wind and solar center in Texas

The Helena Energy Center is comprised of a 268 MW wind farm and a 250 MWac solar farm. It has contracts with multiple corporate offtakers….