Sunday, February 17, 2019

IKEA parent buys 25% stake in German offshore wind project


Home Depot signs wind PPA to power 40 US stores | IKEA parent buys 25% stake in German offshore wind project | Report confirms wind energy is a heavy hitter
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February 14, 2019
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Industry Update
Home Depot signs wind PPA to power 40 US stores
The Home Depot has signed a 15-year power purchase agreement to acquire 15 megawatts of output from NextEra Energy Resources' 83-turbine Pretty Prairie Wind Project under development in Kansas. The PPA will provide enough electricity for 40 Home Depot locations, and the retailer says it hopes to arrange additional procurement deals for renewables by the end of 2020.
Chain Store Age (2/13) 
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IKEA parent buys 25% stake in German offshore wind project
IKEA parent company Ingka has purchased a 25% stake in Siemens Project Ventures' 402-megawatt Veja Mate offshore wind farm in Germany. A consortium acquired additional shares for a total of 80% of the project, including Ingka's portion, leaving Siemens with the remaining 20% stake.
Reuters (2/13) 
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Report confirms wind energy is a heavy hitter
"Wind is the largest single source of zero-carbon power-generating capacity in the U.S." This fact and more were revealed Wednesday by the Business Council for Sustainable Energy in its 2019 edition of the Sustainable Energy in America Factbook. AWEA is a proud sponsor of the report. AWEA Deputy Director of Community and Online Engagement Anna Luke shares some of the findings in this blog post.
Into the Wind blog (2/14) 
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How transmission helped keep the lights on during the Polar Vortex
Tens of millions of Americans experienced record cold weather at the end of January as Arctic air inundated much of the Midwest and Eastern U.S. However, the power system and electricity markets worked as designed, keeping the lights (and heat) on when customers needed it most. And the value of transmission in keeping the grid reliable and affordable was on full display.
Into the Wind blog (2/14) 
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Project Focus
PGE, NextEra propose wind-solar hybrid in Ore.
Portland General Electric and NextEra Energy are seeking approval from the Oregon Public Utility Commission to build the Wheatridge Renewable Energy Facility. The project would feature a wind farm totaling 300 megawatts, a 50-MW solar array and storage capacity.
The Oregonian (Portland) (2/13) 
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Wind farm will create revenue for Wyo., says NextEra exec
NextEra Energy Resources is seeking approval for the 160-turbine, 400-megawatt Cedar Springs Wind Energy Project near Casper, Wyo. The site would pay out $60 million to landowners and an additional $70 million and $50 million in property and generation taxes, respectively, Project Director Ryan Fitzpatrick said Tuesday.
Oil City News (Natrona County, Wyo.) (2/13) 
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Maximize your investment in O&M & Safety Conference 2019
Boost your event marketing plans and engage wind energy leaders with Wind Energy SmartBrief. Create the optimal mix of advertising and content marketing solutions to meet your goals before, during, and after the show. Download Media Kit.
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Economy, Energy & Trends
Survey: Most conservatives in Ohio support renewables
Two-thirds of conservatives in Ohio support a diverse energy mix that includes renewables generating at least 50% of the state's capacity, according to the Ohio Conservative Energy Forum. "Paulding County has seen over $700 million in economic investment from three commercial wind projects since 2011," notes Paulding County Economic Development Director Jerry Zielke.
North American Windpower online (2/13) 
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AEP purchases Sempra's wind and storage assets
An American Electric Power subsidiary has agreed to purchase Sempra Renewables' 724-megawatt portfolio of projects for about $1.06 billion. The portfolio includes seven operational wind farms in Colorado, Hawaii, Indiana, Kansas, Pennsylvania, Michigan and Minnesota.
North American Windpower online (2/13) 
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Shell, partners to build $20.4M foundation pilot off Norway
Royal Dutch Shell, Innogy and Stiesdal Offshore Technologies are moving forward with a $20.4 million pilot project in Norway that will test a new floating foundation prototype for the offshore wind industry. The technology may lower the cost of offshore wind development.
Renewables Now (Bulgaria) (tiered subscription model) (2/13) 
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Policy Watch
Opinion: Enact the Green New Deal now by focusing on wind
The US can and should begin implementing some aspects of the Green New Deal now, as the ultimate fate of the proposal won't be determined for a long time, write Nives Dolsak and Aseem Prakash, professors at the University of Washington. Wind energy already has bipartisan support and can help realize some of the resolution's goals.
The Hill (2/13) 
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AWEA News
What a first-timer can expect at Wind Power on Capitol Hill
Wind Power on Capitol Hill is the biggest opportunity of the year to meet with your representatives in Congress to advocate for wind energy. And this year, we have some great new opportunities to tell wind's story. With new members making up over 20 percent of the 116th Congress, we have the chance to educate them on the benefits wind delivers to our communities.
Into the Wind blog (2/11) 
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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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