Monday, June 20, 2016

BlackRock to acquire 50% stake in 211-MW project in Texas

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Date: Jun 20, 2016 12:27 PM
Subject: BlackRock to acquire 50% stake in 211-MW project in Texas
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EIA: Renewables could surpass coal generation in US by 2029 | BlackRock to acquire 50% stake in 211-MW project in Texas | NextEra wins approval for 150-MW wind farm in N.D.
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June 20, 2016
Wind Energy SmartBrief
News for wind power professionals and advocates
Industry Update
EIA: Renewables could surpass coal generation in US by 2029
Electricity generated by renewables in the US could surpass that of coal by 2029 if the Clean Power Plan is implemented, according to the Energy Information Administration. The report said that without the CPP, renewable energy generation in the US is still on track to increase 3.9% annually between 2015 and 2030.
SeeNews Renewables (6/17) 
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BlackRock to acquire 50% stake in 211-MW project in Texas
GE Energy Financial Services has agreed to sell its 50% stake in the Grandview wind farm in Texas to BlackRock Real Assets. The wind farm, which has a total capacity of 211 megawatts, is jointly owned by E.ON Climate and Renewables. (U.K.) (6/17) 
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Project Focus
NextEra wins approval for 150-MW wind farm in N.D.
The North Dakota Public Service Commission has granted NextEra Energy permission to build a 150-megawatt wind farm and transmission line in Stark County. The Brady Wind 1 project could feature up to 87 General Electric turbines.
SNL Financial (free content) (6/17) 
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Pattern to take over former SunEdison project in Maine
Pattern Energy has agreed to purchase the rights to develop the King Pine wind farm in Maine. The project, which was previously proposed by SunEdison, could feature 174 turbines for a total capacity of 600 megawatts.
Bangor Daily News (Maine) (free registration) (6/17) 
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Economy, Energy & Trends
Siemens, Gamesa to take advantage of shift toward renewables
Joe Kaeser
Kaeser (Lennart Preiss/Getty Images)
By merging their operations, Gamesa and Siemens are preparing to take advantage of a "paradigm shift toward sustainable power generation," said Siemens President and CEO Joe Kaeser. The deal will "enhance the opportunities to boost sustainable energy generation in a more cost effective and reliable way," said Kaeser.
SNL Financial (free content) (6/17) 
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Report: Australia's shift to renewables could generate 28,000 jobs
Australia's goal to source 50% of its total electricity from renewables by 2030 could result in the creation of 28,000 jobs, according to research firm EY and the Australian Climate Council. "This research highlights that tailored plans for winding down coal‐fired power plants are a much better way to support coal communities rather than allowing the market to dictate coal closures," said Climate Council CEO Amanda McKenzie.
CleanTechnica (6/16) 
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Policy Watch
N.Y. green groups applaud upcoming offshore wind auction from BOEM
Citizens Campaign for the Environment and other environmental groups in New York are applauding the Bureau of Ocean Energy Management's decision to hold an offshore wind leasing round in the state. Offshore wind is "a substantial opportunity for our nation to take a gigantic step forward in advancing critical clean energy goals and help fight climate change," said CCE Executive Director Adrienne Esposito.
The Berkshire Eagle (Pittsfield, Mass.)/The Associated Press (6/18) 
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AWEA is heading to Virginia
With wind energy's costs having fallen 66% in the past six years, it's an exciting time to be discussing Virginia's wind potential. Join us at the AWEA Wind Energy State Forum - Virginia, next week on June 22 at James Madison University and hear from over 30 expert panelists.
Harvard study finds $38 billion of public health benefits from carbon reduction rule
While the Clean Power Plan (CPP) works its way through the court system, researchers continue to look into what it could mean for consumers. The results of a new Harvard study show there's nothing to fear: using a model that resembles the CPP, researchers found net benefits of $38 billion a year. Read more.
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I don't want to get to the end of my life and find that I lived just the length of it. I want to have lived the width of it as well.
Diane Ackerman,
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These stories were selected and summarized by independent editors at SmartBrief Inc., not by AWEA's staff, and do not represent AWEA positions. They reflect the variety of daily coverage of American wind power.
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