Independent renewable energy provider, Soltage LLC, said last week that it closed a first round of investment in a 38 project, 100-megawatt (MW) solar project portfolio located in five states across the East Coast and the Southeast.
Dominion Energy on Friday said that it had closed its inaugural offering of green bonds. The $362 million in privately placed bond proceeds will be used to reimburse Dominion Energy for previously deployed capital related to the acquisition, development and/or construction of 20 merchant solar projects with a total capacity of 574 MW of renewable energy.
On Monday, global offshore wind leader Ørsted announced that it had entered into an agreement to acquire a 100 percent of Rhode Island-based Deepwater Wind at a purchase price of US $510 million. Deepwater wind built the first U.S. offshore wind farm — the 30-MW Block Island Wind — and is currently constructing two additional facilities off Long Island, New York (South Fork at 90 MW) and Connecticut (Revolution Wind at 600 MW).
U.S. President Donald Trump tapped Energy Department staffer Bernard McNamee to join the nation’s top energy regulator, potentially smoothing the path for a brewing bailout of money-losing coal and nuclear plants.
Ørsted signed up Siemens Gamesa to supply turbines for the Coastal Virginia Offshore Wind project that Dominion has planned since 2011. The wind farm 27 miles off the Virginia coast would the first such project in the U.S. mid-Atlantic.
Ørsted announced it is buying 100 percent of Lincoln Clean Energy (LCE) for about $580 million (500 million €) from owner I Squared Capital. Since I Squared acquired the firm in 2015, LCE has built or is completing than 800 MW in onshore wind generation capacity.
US utility Dominion Energy has filed grid modernization plans with the Virginia State Corporation Commission.
Today, Vote Solar joined with seven other organizations to ask the Michigan Public Service Commission to reconsider its decision to green-light a massive new gas plant in Michigan. We strongly believe the evidence shows that DTE Energy has failed to demonstrate that its proposal is the best resource for its customers. A drumbeat of recent utility decisions...
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.
Massachusetts and Rhode Island today selected two offshore wind projects for development, securing a total of 1.2 GW of offshore generating capacity along the East Coast.