Monday, May 08, 2017

Buffett seeks renewable energy investment opportunities

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Buffett seeks renewable energy investment opportunities | Kan. on track for 5,000 MW of wind capacity | N.H. panel vote sustains Antrim Wind project
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May 8, 2017
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Industry Update
Buffett seeks renewable energy investment opportunities
Warren Buffett seeks renewable energy investment opportunities
Buffett (Spencer Platt/Getty Images)
Berkshire Hathaway has "a big appetite" to invest in solar or wind projects, CEO Warren Buffett told shareholders Saturday. The multinational conglomerate is poised to compete with the electric utilities because it can take better advantage of tax incentives for alternative energy products, Buffett said.
CNBC (5/6) 
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Project Focus
Kan. on track for 5,000 MW of wind capacity
Kansas is headed toward passing the 5,000-megawatt milestone for wind capacity making it the nation's fifth largest wind power producer, according to the American Wind Energy Association. In its first-quarter report for 2017, AWEA reports that investment in wind energy in Kansas totals $8.4 billion.
The Topeka Capital-Journal (Kan.)/The Associated Press (5/7) 
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N.H. panel vote sustains Antrim Wind project
A New Hampshire state subcommittee unanimously voted Friday not to reconsider its earlier approval of the Antrim Wind project. Opponents, represented by the Attorney General's office, await the subcommittee's formal written opinion before deciding whether to take the case to the state Supreme Court.
The Keene Sentinel (N.H.) (5/6) 
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China's Goldwind buys $82 million wind farm project in Australia
Xinjiang Goldwind Science & Technology announced plans on May 8 to purchase a wind farm project in Australia for $81.5 million in cash from a unit of Origin Energy. The Chinese wind turbine generator maker wants to boost business in international markets.
Reuters (5/8) 
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Economy, Energy & Trends
Mass. communities contract with green power generators
A number of communities in Massachusetts are working to boost renewable energy use by contracting with third-party generators. The trend is generating demand for wind power, which could spur the development of 17 wind turbines in the region, local officials say.
Wicked Local/Braintree, Mass. (5/6) 
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Policy Watch
Mass. lawmakers start statewide listening tour on climate change
The Massachusetts state Senate Committee on Global Warming and Climate Change today begins a listening tour to hear what residents think about renewable energy and climate change. The senators plan to make nine stops across the state for suggestions about possible legislation.
The Washington Times/The Associated Press (5/7) 
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EPA dismisses several Board of Scientific Counselors members
The Environmental Protection Agency has not renewed the terms of several members of its Board of Scientific Counselors. The affected scientists could reapply through "the same open competitive process as the rest of the applicant pool," said EPA spokesman J.P. Freire.
The New York Times (free-article access for SmartBrief readers) (5/7),  The Washington Post (tiered subscription model) (5/8) 
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AWEA News
New report: Companies have big plans to make more products using renewables
We've seen the good news that Fortune 500 companies like General Motors, Facebook, The Home Depot, and now Apple are making smart investments to procure wind energy, realizing long-term price stability and cutting pollution at the same time. But how many more companies are in line to invest? Read more.
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People will always follow a good example; be the one to set a good example.
Anne Frank,
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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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