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As the fourth largest source of power in North America, wind energy continues to be an essential part of the renewable energy story. The U.S. Department of Energy’s Wind Vision report expects wind energy to supply 10 percent of the United States power needs by 2020, 20 percent by 2030 and 35 percent by 2050.

The purchase price for the Williston Basin assets is made up of $1.65bn in cash and contractual rights of up to $50m and $25m in Vantage common stock
The post QEP Resources to sell Williston Basin assets to Vantage Energy for $1.7bn appeared first on Compelo Energy.

(Thu, 08 Nov 2018) In states with residential retail choice programs, customers can elect to purchase their electricity directly from their choice of energy suppliers, with the electricity delivered to them by their local utility.

In the past ten years, explorers in sub-Saharan Africa have turned up more giant discoveries than in any other region. These 500 million barrel-plus finds are dominated by
The post Gas in Mozambique and Tanzania: explorers hit the jackpot in sub-Saharan Africa appeared first on Compelo Energy.

The latest company born out of General Electric Co. expects sales of its industrial engines fired by natural gas to benefit from the spread of renewables such as solar and wind.

The company responsible for the technology that allows solar arrays to float on water and produce energy, Ciel & Tierre, announced that it has completed two new projects in the United State and that it has a pipeline of many more to come.

China’s proposal to increase its solar energy target to as much as 270 gigawatts by 2020 won’t be enough to erase the worldwide panel glut that’s crippling prices, according to analysts at Credit Suisse Group AG.

For most of their history, in North America, electrical utilities have been centralized distribution networks. Utility operated generation resources are the hub of the network and electricity flows one-way via distribution networks largely controlled by the same utilities. In this model, there has been little reason for utilities to share anything but a small slice of data about their operations with anyone else other than themselves.

The renewable energy portfolio being acquired by Ullico comprises more than 70 solar and wind power generation projects, which are managed by FTP Power (sPower). Terms of the
The post Ullico to acquire stake in 1.3GW US renewable energy portfolio appeared first on Compelo Energy.

The EPC contract is touted to be the largest of its kind in Taiwan’s offshore wind industry, said Ørsted. It includes construction of two onshore substations, cable corridors, landfalls
The post Ørsted awards $228m onshore substation contract in Taiwan appeared first on Compelo Energy.

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