The American Clean Power Association (ACP) released the following statement from Anne Reynolds, ACP Vice President for Offshore Wind, after New York Gov. Kathy Hochul, Interior Secretary Deb Haaland, and representatives from Orsted and Eversource commemorated the completion of South Fork Wind, New York’s first commercial-scale offshore wind farm: “Bringing clean, emissions-free offshore wind energy … Continue reading ACP Statement on South Fork Offshore Wind Completion
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Grid interconnection milestone for New York’s Empire Wind 1 project
Equinor today announced that the Federal Energy Regulatory Commission (FERC) approved on March 1 the Large Generator Interconnection Agreement (LGIA) executed between the company’s Empire Wind 1 project, New York ISO (NYISO) and Consolidated Edison Company of New York. The announcement marks the first FERC approval for any offshore wind project to connect directly into … Continue reading Grid interconnection milestone for New York’s Empire Wind 1 project
Continue readingAvangrid Announces Construction of its Fifth Wind Farm in Illinois
Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced the construction of what will be the company’s fifth wind farm in Illinois. Osagrove Flats, located in La Salle County, will include 34 wind turbines with a total capacity of 153 MW. “Avangrid has a long track record … Continue reading Avangrid Announces Construction of its Fifth Wind Farm in Illinois
Continue readingIberdrola launches an offer to acquire 18.4% of its US subsidiary Avangrid
Iberdrola has launched an offer to acquire 18.4% of the capital of its US subsidiary, Avangrid. As reported by the company to the National Securities Market Commission (CNMV), the company is offering $34.25 per share, which represents a premium of approximately 10% compared to the weighted average share price of the last 30 days. Currently, … Continue reading Iberdrola launches an offer to acquire 18.4% of its US subsidiary Avangrid
Continue readingAmerican Clean Power Statement on State of the Union
The American Clean Power Association (ACP) released the following statement from ACP Chief Executive Officer Jason Grumet after President Joe Biden delivered his annual State of the Union address: “Tonight, President Biden underscored our nation’s record-breaking production of clean, secure American energy. Clean energy is powering more American homes and businesses than ever before and … Continue reading American Clean Power Statement on State of the Union
Continue readingRecord Year for U.S. Clean Power Installations in 2023
Solar photovoltaic, storage drive historic level of installs. Energy storage rising star, closing in on new natural gas installations. Clean energy pipeline swells to all-time high, signaling robust future. The American Clean Power Association (ACP) released its Clean Power Annual Market Report today, highlighting a landmark year for U.S. clean energy with more capacity installed … Continue reading Record Year for U.S. Clean Power Installations in 2023
Continue readingPhotovoltaic installations in the US soar in 2023 in the first full year of the Inflation Reduction Act
For the first time in history, photovoltaics represents more than 50% of the new electrical capacity added to the grid. The U.S. solar industry added a record-shattering 32.4 gigawatts (GW) of new electric generating capacity in 2023, a 37% increase from the previous record set in 2021 and a 51% increase from 2022. According to the … Continue reading Photovoltaic installations in the US soar in 2023 in the first full year of the Inflation Reduction Act
Continue readingBureau of Ocean Energy Management Issues Final Environmental Impact Statement for Avangrid’s New England Wind Lease Area
Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced that the Bureau of Ocean Energy Management (BOEM) has issued the Final Environmental Impact Statement (FEIS) for its New England Wind lease area. The FEIS represents a significant permitting milestone that brings the project closer to full federal … Continue reading Bureau of Ocean Energy Management Issues Final Environmental Impact Statement for Avangrid’s New England Wind Lease Area
Continue readingVestas is readying New York for offshore wind and moves forward conditional agreement for the Empire Wind 1 project
After Equinor’s successful rebid into New York’s fourth offshore wind solicitation (NY4) and with a current conditional order in place for the 810 MW Empire Wind 1 project, Vestas is pleased to see the project moving one step closer to realisation and looks forward to providing its industry-leading, type-certified V236-15.0 MW offshore wind turbines. Vestas’ … Continue reading Vestas is readying New York for offshore wind and moves forward conditional agreement for the Empire Wind 1 project
Continue readingACP Statement on New York Offshore Wind Contract Awards
The American Clean Power Association (ACP) released the following statement from Anne Reynolds, ACP Vice President for Offshore Wind, after the State of New York announced offshore wind solicitation awards: “We applaud the Hochul Administration for their steadfast support of clean, renewable offshore wind power. These awards for the Sunrise Wind and Empire Wind 1 … Continue reading ACP Statement on New York Offshore Wind Contract Awards
Continue readingSunrise Wind selected for award in New York’s fourth offshore wind solicitation
New York’s energy agency, New York State Energy Research and Development Authority (NYSERDA), has conditionally awarded Ørsted and Eversource’s Sunrise Wind project the right to negotiate a 25-year offshore wind renewable energy certificate (OREC) agreement for an offshore wind farm with a maximum capacity of 924 MW. The price per MWh for power generated from … Continue reading Sunrise Wind selected for award in New York’s fourth offshore wind solicitation
Continue readingEmpire Wind 1 awarded offtake contract in New York’s fourth offshore wind solicitation round
New York State Energy Research and Development New York State Energy Research and Development Authority (NYSERDA) today announced Equinor’s Empire Wind 1 project one of the conditional winners in its fourth offshore wind solicitation round. The award is an important milestone for the advancement of the project, which can deliver 810 megawatts (MW) of renewable … Continue reading Empire Wind 1 awarded offtake contract in New York’s fourth offshore wind solicitation round
Continue readingVestas wins order for 153 MW of wind in the US
Vestas has received an order for 153 MW to power an undisclosed wind farm in the United States. The order consists of 34 V150-4.5 MW wind turbines. The orders include the supply, delivery and commissioning of the wind turbines, as well as a multi-year Active Output Management 5000 (AOM 5000) service agreement, designed to ensure … Continue reading Vestas wins order for 153 MW of wind in the US
Continue readingNew Study Finds Treasury’s Proposed Time-Matching Rules Would Stifle Adoption of Green Hydrogen
As the comments period comes to a close on the U.S. Treasury Department’s proposed guidance on clean energy investment and production tax credits for green hydrogen projects, a new study conducted by global energy and natural resources research and consulting firm Wood Mackenzie and commissioned by the American Clean Power Association (ACP) shows the Administration’s … Continue reading New Study Finds Treasury’s Proposed Time-Matching Rules Would Stifle Adoption of Green Hydrogen
Continue readingThe United States installed 63 GW of new power generation this year, of which photovoltaic accounted for 60 percent.
According to the U.S. Energy Information Administration, the U.S. will add 62.8 gigawatts (GW) of installed utility-scale generation in 2024. According to the U.S. Energy Information Administration’s latest forecast, in 2024, the U.S. will add 62.8 gigawatts of new utility-scale power generation. This new capacity compared to 40.4 GW in 2023, an increase of 55%. … Continue reading The United States installed 63 GW of new power generation this year, of which photovoltaic accounted for 60 percent.
Continue readingACP Statement on Major Milestone for Empire Wind
The American Clean Power Association (ACP) released the following statement from Anne Reynolds, ACP Vice President for Offshore Wind, after the Department of the Interior approved the Construction and Operations Plan for Equinor’s Empire Wind project in New York: “This is a milestone for Empire Wind and domestic offshore wind as a whole. When it … Continue reading ACP Statement on Major Milestone for Empire Wind
Continue readingAvangrid’s Fourth Wind Farm in Illinois Achieves Commercial Operation
Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced Midland Wind has achieved commercial operation. The 106 MW wind farm located in Henry County is the company’s fourth wind farm in Illinois, bringing total capacity in the state to more than 600 MW. “We are proud to … Continue reading Avangrid’s Fourth Wind Farm in Illinois Achieves Commercial Operation
Continue readingGreenalia obtains financing for 3 GW of photovoltaics in the US.
Spanish renewable project developer Greenalia has secured €185.6 million in financing lines to support the development of its 3 GW wind and solar photovoltaic (PV) portfolio in the United States. The new income will be obtained in the form of three-year loans and will be used by the subsidiary of the Spanish company, Greenalia Power. … Continue reading Greenalia obtains financing for 3 GW of photovoltaics in the US.
Continue readingRWE completes three battery storage projects in Texas and Arizona for photovoltaics (PV) with 190 megawatts
Construction activities are underway on an additional 770 megawatts of battery storage projects in the U.S. Globally, RWE’s battery storage capacity now stands at around 700 MW. RWE continues to deliver on its Growing Green Strategy. In the U.S., the company is further expanding its green energy portfolio with the recent completion of three new … Continue reading RWE completes three battery storage projects in Texas and Arizona for photovoltaics (PV) with 190 megawatts
Continue readingSolar photovoltaic and battery storage to make up 81% of new U.S. electric-generating capacity in 2024
Solar photovoltaic and battery storage to make up 81% of new U.S. electric-generating capacity in 2024 Data source: U.S. Energy Information Administration, Preliminary Monthly Electric Generator Inventory, December 2023 Developers and power plant owners plan to add 62.8 gigawatts (GW) of new utility-scale electric-generating capacity in 2024, according to our latest Preliminary Monthly Electric Generator … Continue reading Solar photovoltaic and battery storage to make up 81% of new U.S. electric-generating capacity in 2024
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