Corporations purchased a record of 23.7 GW of clean energy in 2020, up from 20.1 GW in 2019 and 13.6 GW in 2018, according to new research published by BloombergNEF (BNEF). The increase came despite a year devastated by the COVID-19 pandemic, a global recession and uncertainty about U.S. energy policy ahead of the presidential election. BNEF finds in its 1H 2021 Corporate … [Read more...] about BNEF: Corporations Invest in Record Amount of Clean Energy in 2020
Wind
Amidst COVID Utility-Scale Wind Continues to Set Generation Records
Despite the COVID-19 pandemic, electrical generation by the nation’s utility-scale wind and solar plants continues to set new records – it was 35.1% greater in November 2020 than it was in the same month a year earlier, according to a SUN DAY Campaign analysis of new data released by the U.S. Energy Information Administration (EIA). The latest issue of … [Read more...] about Amidst COVID Utility-Scale Wind Continues to Set Generation Records
U.S. wind energy production tax credit extended through 2021
January 28, 2021 The timing and magnitude of wind turbine installations in the United States are often driven by tax incentives. The U.S. production tax credit (PTC), a per-kilowatthour (kWh) credit for electricity generated by eligible renewable sources, was first enacted in 1992 and has been extended and modified in the years since. At the end of December 2020, Congress … [Read more...] about U.S. wind energy production tax credit extended through 2021
ECO to Construct First Jones Act Compliant, ABS Class SOV
Edison Chouest Offshore (ECO), a provider of marine transportation solutions, says it will engineer, construct and operate the first U.S.-flagged Jones Act offshore wind farm service operation vessel (SOV) ever ordered will be built to American Bureau of Shipping (ABS) Class. ECO says the SOV will be utilized for long-term charter to service the planned Revolution Wind, South … [Read more...] about ECO to Construct First Jones Act Compliant, ABS Class SOV
Great Lakes Dredge & Dock Appoints Senior Vice President of Offshore Wind
Great Lakes Dredge & Dock Co. (GLDD), a provider of dredging services, has named Eleni Beyko senior vice president of offshore wind – a strategic growth area for the company. Beyko brings more than 20 years of experience in program engineering, business leadership and project management in the automobile and offshore oil and gas markets. At GLDD, she is responsible … [Read more...] about Great Lakes Dredge & Dock Appoints Senior Vice President of Offshore Wind