Energy Update
Vineyard Wind 1, the first commercial-scale offshore wind project in the U.S., celebrated its groundbreaking in Barnstable, Massachusetts on Thursday.
A new report released by S&P Global Market Intelligence states that the US will continue to install record levels of solar and wind capacity in 2022 as the energy transition intensifies.
In addition to supporting policies, the report states that these records will be the result of utilities and energy stakeholders finding new ways to finance renewables deployments and to optimize infrastructure management.
Key study findings include:
By David Stent — Climate Council Digital Producer & Content Manager
The University of Queensland is conducting the first-ever global study of how electric vehicles can support the uptake of renewable energy and improve the resiliency of power grids.
Aiming to deploy clean energy resources in densely-populated urban areas, a partnership will unlock $55 million for community solar project development in New York City.
The European Investment Bank (EIB) is providing €49 million (US$55.6 million) to support Iniziative Bresciane S.p.A. (INBRE), which aims to enhance and restore 13 river weirs and install 12 small run-of-river hydroelectric plants on the Arno River in Tuscany, Italy.
Rebates and incentives that encourage New Hampshire residents to upgrade their homes to be more efficient were slashed last week by state regulators in a move that energy efficiency advocates called radical and a step backward.
By Lisa Prevost, Energy News Network
GE and UK’s export credit agency, UK Export Finance (UKEF), have agreed to finance Kalyon Enerji’s 1.35GW Karapinar solar project located in the Konya Karapinar province, Turkey.
Last evening, the United States Senate unanimously confirmed D.C. Public Service Commission Chairman Willie Phillips as a new member of the Federal Energy Regulatory Commission (FERC).
Phillips’ confirmation brings FERC back to its full, five-member complement. “I offer my sincere congratulations to D.C. Public Service Chairman Willie Phillips on his Senate confirmation vote tonight,” FERC Chairman Rich Glick said.
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