Larger, higher efficiency turbines and the “clustering” of project resources are driving down offshore wind maintenance costs as they become increasingly important in project valuations, Tom Harries, Wind Energy Analyst at Bloomberg New Energy Finance (BNEF), said.
NJR Clean Energy Ventures (NJRCEV) has strengthened its investment in the wind power sector. The company, the unregulated distributed power subsidiary of New Jersey Resources (NJR), last week acquired its third onshore wind project in the Alexander Wind...
Investment firm Blackstone last week confirmed a partnership with an experienced management team, led by Matthew Rosenblum, the founder and chief executive officer at Solops, to create Onyx Renewable Partners (Onyx).
The Illinois Commerce Commission has approved Commonwealth Edison Company’s (ComEd) Grand Prairie Gateway Project, a new transmission line that will extend for 60 miles across Ogle, Dekalb, Kane and DuPage Counties.
Wind power, not shale gas, was the biggest single cause of the fall in US carbon emissions from coal use. The European Union also highlights why wind is becoming an increasingly smarter energy option over “cheaper” sources.
The Maine Public Utilities Commission (MPUC) has issued its written decision reinstating its approval of Emera’s investment in Northeast Wind Partners and its investment in Algonquin Power & Utilities (AQN).
Iberdrola, via its engineering and construction subsidiary, the Scottish University of Strathclyde and the Offshore Renewable Energy (ORE) Catapult have initiated work on the TLPWIND project, an R&D initiative with a budget allocation in excess of €...