Federal utility regulators have issued an order authorizing transactions the merger of utilities affiliated with Iberdrola, S.A. and UIL Holding Corporation.
Iberdrola
Sign up and get Breaking Energy news in your inbox.
We will never sell or share your information without your consent. See our privacy policy.
Interior Secretary Ken Salazar says he expects the leasing process for wind projects off the Atlantic coast, including a “pioneering” backbone transmission project, to go forward early in 2012.
Salazar also announced Tuesday approval of wind and solar projects in the Southwest, and Deputy Secretary David Hayes said Interior is on track to meet Congress’ 2015 target, of 10,000 MW of renewables on federal lands, three years early. Keep reading →
European wind companies have played a major role in the development of the US wind energy sector, even as shadows loom over the industry and the global economy.
Vestas, the world’s largest turbine manufacturer, clearly has high hopes for its US business, with a market share of 18.7% and room for growth. In recent years Vestas had invested in two blade factories, a nacelle facility and a tower facility in Colorado. It also has R&D hubs in Texas, Massachusetts and Colorado. Keep reading →
How the renewable energy industry copes with the loss of incentives this year will test its maturity and the success of the stimulus funding.
In many ways, the renewable energy industry is facing a pivotal moment as the 1603 grant program is set to expire this year, the $2.3 billion for the 48C advanced manufacturing tax credit has already been allocated and the Department of Energy has completed its work of handing out more than $36 billion in its loan guarantee program. Keep reading →
As Congress returns to Washington to battle over the fiscal 2012 budget, the wind and solar lobbies are scrambling to preserve the tax breaks their industries depend on–just not the same breaks.
Solar advocates say a special provision to allow conversion of investment tax credits (ITC) into cash grants, enacted in the 2009 stimulus, must be extended or solar investment will be halved. While the ITC continues through 2016, the conversion option expires at the end of 2011. Keep reading →
