CRELA – Standing for the Land, Renewing the Future

NY Seeking to Procure RECs from Existing Wind Power Installations

N.Y. Gov. Kathy Hochul has announced the third solicitation under the large-scale renewable energy procurement program known as Competitive Tier 2, which is designed to retain New York’s existing renewable energy resources. “New York’s comprehensive approach to greening the state’s power grid is helping create a thriving and competitive renewable energy market to meet the […] The post NY Seeking to Procure RECs from Existing Wind Power Installations appeared first on North American Windpower. [...]

EIA: Renewables Will Comprise 22 Percent of Electricity Generation in 2022

U.S. electricity generation from renewable sources, such as hydropower, wind and solar, accounted for 20% of electricity generation both in 2020 and in 2021. U.S. Energy Information Administration (EIA) expects that share to increase to 22% in 2022 and to 24% in 2023 as more generating capacity from wind and solar come online and other […] The post EIA: Renewables Will Comprise 22 Percent of Electricity Generation in 2022 appeared first on North American Windpower. [...]

Canadian Power Utilizes Clir Renewables Platform for Okanagan Wind Portfolio

Clir Renewables, a market intelligence platform for wind and solar, has been retained as the data analysis and optimization service for the Okanagan Wind portfolio following Canadian Power’s purchase of the sites from InstarAGF Asset Management. Comprising Pennask Wind Farm and Shinish Creek Wind Farm, Okanagan Wind has a combined capacity of 30 MW. Prior […] The post Canadian Power Utilizes Clir Renewables Platform for Okanagan Wind Portfolio appeared first on North American Windpower. [...]

Apex Clears Financing for 224 MW Iowa Wind Farm with Meta PPA

Apex Clean Energy has financed the 224 MW Great Pathfinder Wind project, following the execution of a tax equity commitment from Bank of America. In May, Apex closed on construction financing with Santander Corporate and Investment Banking, Sumitomo Mitsui Banking Corp., and Bank of America acting as coordinating lead arrangers and bookrunners. Santander is also […] The post Apex Clears Financing for 224 MW Iowa Wind Farm with Meta PPA appeared first on North American Windpower. [...]

Skanska Begins Construction on Va. Offshore Wind Staging Port

Skanska has signed a contract with the Virginia Port Authority to rebuild 72 acres of the 287-acre Portsmouth Marine Terminal in Portsmouth, Va. Skanska will include the contract, worth $223 million, in its U.S. order bookings for the third quarter of 2022. The project will redevelop the acreage for use as an offshore wind staging […] The post Skanska Begins Construction on Va. Offshore Wind Staging Port appeared first on North American Windpower. [...]