The Coastal Virginia Offshore Wind (CVOW) commercial offshore wind project moved closer to ramping up construction when the first eight monopile foundations were safely offloaded at Portsmouth Marine Terminal.
The marine terminal is where they will be staged until the installation of the 2.6-giga... Read More »
Florida will soon gain a national first thanks to Duke Energy: a demonstration project capable of producing, storing and combusting 100 percent green hydrogen, with support from an existing solar plant.
Groundbreaking will take place in DeBary, Florida soon at Duke Energy Florida’s plant in Vo... Read More »
As a result of its designs and lower cost projections, Ameren Corporation subsidiary Ameren Transmission Company of Illinois (ATXI) was awarded an $84 million contract for a northwest Missouri transmission project under the Midcontinent Independent System Operator (MISO).
At 42 miles long, the li... Read More »
The Vineyard Wind 1 offshore wind project in Massachusetts closed a $1.2 billion tax equity package for commercial scale offshore wind with three major banks.
The $1.2 billion transaction was reached with J.P. Morgan Chase, Bank of America, and Wells Fargo. This first-of-its-kind deal is the lar... Read More »
The National Renewable Energy Laboratory (NREL) released a report that examines the cost of installed solar photovoltaic (PV) and battery storage systems.
The report – called the U.S. Solar Photovoltaic System and Energy Storage Cost Benchmarks, With Minimum Sustainable Price Analysis: Q1 2023... Read More »
Maryland Gov. Wes Moore announced Thursday that the Maryland Energy Administration will provide more than $6 million in grant funding for emerging businesses and workforce development in the offshore wind industry.
“Offshore wind energy production holds immense promise for Maryland, both in te... Read More »
Looking to keep public buildings up to date with the latest energy savings capabilities, the U.S. Department of Energy (DOE) last week opened the Energy Savings Performance Contracting (ESPC) Campaign to interested public building owners.
As a voluntary initiative, the campaign will support stat... Read More »
In its latest Integrated Resource Plan (IRP) filing, Georgia Power updated its predictions of energy growth through 2030 to 6,600 MW, from approximately 400 MW originally forecasted last year.
"Georgia has continued to experience rapid economic growth since the filing of our IRP in early 2022," ... Read More »
Energy industry experts agree that it’s important for investor-owned utilities (IOUs) to do more undergrounding of power lines to minimize the risk of electric wires sparking wildfires.
Not only does undergrounding enhance reliability and community safety by protecting power lines from extreme ... Read More »
Duke Energy completed the sale of its unregulated utility-scale Commercial Renewables business to Brookfield.
The company will use the proceeds from the transaction to strengthen its balance sheet and avoid additional holding company debt issuances. This, in turn, will allow the company to focus... Read More »