Wind

SAINT PAUL, MINNESOTA  – The newly approved long-range energy plan for Minnesota’s second largest public utility company reflects an exciting agreement reached between Minnesota Power, Clean Energy Organizations, labor unions, industrial customers, and the Boswell coal plant host communities to more quickly transition towards a reliable and carbon free electric system that works for everyone.  […]

Companies involved in energy production continually look to maximize their investments, and today are tasked with navigating increasingly volatile energy markets. These companies must choose where and how to compete as the world transitions to a low-carbon future. Where are the best opportunities for investment? How important is seeking out positions that reduce exposure to […]

HOUSTON, Texas (Nov. 3, 2022) — Fengate Asset Management is pleased to announce the acquisition from Triple Oak Power of the ready-to-build 160-megawatt Prairie Switch Wind project located outside of Houston, Texas. The Prairie Switch Wind project will utilize 48 of GE Renewable Energy’s 3.4-MW wind turbines and is expected to be fully operational by […]

  Daniel Hynum discussed operational challenges that utilities face as the power grid shifts to renewables, and how GE Fleet Orchestration can help address those challenges. KEY TAKEAWAYS Market shifts create challenges for vertical integration of utilities’ operations. There is a major energy transition taking place in power grids around the world. As the market moves toward […]

It’s kind of exciting to be able to write that events are back in full swing. In case you missed it, POWER hosted the co-located Experience POWER, Distributed Energy Conference, and HydrogeNext events, Oct

A company that has corporate roots that go back to the Colonial era, Dominion Energy has been shaped by acquisitions and market forces. It is now in the midst of an extraordinary transformation to expand its

Unexpectedly steep financial losses suffered by the U.S. renewables market owing to a barrage of extreme weather events over the past summer suggest that project hardening strategies aren’t going far enough, a major renewables insurer is warning. GCube, an international insurer for wind, solar, wave, hydro, and tidal projects around the world in an update […]

SAN FRANCISCO, Oct. 11, 2022 – Clearway Energy Group (“Clearway”) announced a new set of long-term power purchase agreements (PPA) with PacifiCorp, a Berkshire Hathaway subsidiary. The PPAs will directly support the construction of two wind energy projects: the 280 MW Two Rivers Wind project, which is jointly developed and owned with BluEarth Renewables US […]

General Electric (GE) has notified staff that it plans to lay off about 20% of the workforce in its U.S. onshore wind business. A report from NASDAQ this week said the cuts are part of a plan to restructure and resize the onshore wind division, as the group “is grappling with weak demand and rising […]

There have been historic initiatives within the U.S. to create a sustainable energy economy and to address major environmental concerns created by fossil fuels. The Inflation Reduction Act contains $369 billion in climate and energy provisions, which will have a meaningful impact on climate change. Meanwhile, the Bipartisan Infrastructure Law seeks to remedy environmental issues […]