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Global wind turbine orders set a record in Q2 2019 led by U.S. and Chinese markets

Energize Weekly, September 11, 2019 Global wind turbine orders in the second quarter of 2019 were 111 percent year-over-year to 31 gigawatts (GW) of capacity and set a new quarterly record, according to industry analyst Wood Mackenzie. The 31 GW of orders easily outstripped the previous record of 13.2 GW set in the fourth quarter…

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Hawaiian Electric seeks 900 MW of renewable energy projects

Energize Weekly, September 4, 2019 The Hawaiian Electric Company has issued a call for more than 900 megawatts (MW) of renewable generation projects­­ – one of the largest procurements ever undertaken by a U.S. utility, the company said. The bid proposal calls for 594 MW of solar for Oahu, 135 MW for Maui and up…

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TVA approves $10.6 billion budget and a plan to add up to 14 GW of solar power by 2038

Energize Weekly, August 28, 2019 The Tennessee Valley Authority (TVA) board of directors at their August meeting approved a $10.6 billion budget for 2020 and a resource plan that could include up to 14 gigawatts (GW) of new solar capacity by 2038. The TVA, a federal agency, provides electricity to business customers and local power…

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Solar cell imports to the U.S. rebound from tariffs in the first quarter of 2019

Energize Weekly, August 21, 2019 Imports of silicon solar cells and modules rebounded in the first quarter of 2019 after a sharp drop when the Trump administration announced it would impose tariffs on them in January 2018. Photovoltaic (PV) module imports averaged 644,000 kilowatts (kW) a month in the first quarter of 2019, about 16…

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Solar power contract prices are falling to record lows, but also gathering some risk

Energize Weekly, August 21, 2019 Portugal’s first photovoltaic (PV) solar auction has led to a record low-cost contract of $16.54 a megawatt-hour (MWh), narrowly besting the previous record, a recent Brazilian power purchase agreement (PPA) for $16.95 a MWh. “With the levelized cost of utility-scale PV in Southern Europe now well below current wholesale power…

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Xcel Energy gets the go-ahead to expand its Renewable Connect program in Minnesota

Energize Weekly, August 21, 2019 Xcel Energy has received approval from the Minnesota Public Utilities Commission to turn its Renewable Connect pilot into a full-time program and merge it with another of the company’s renewable programs, Windsource. Xcel plans to add 180 megawatts (MW) of wind generation and 50 MW of solar for the program…

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A record number of wind projects being built and planned in the U.S., AWEA says

Energize Weekly, August 14, 2019 The U.S. wind industry hit a record for construction and project development in the second quarter of 2019 with nearly 42,000 megawatts (MW) of projects being built or in advance development, according to an American Wind Energy Association (AWEA) market report. The 20,908 MW of wind farms under construction and…

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Residential energy storage set to grow fivefold in Europe, Wood Mackenzie says

Energize Weekly, August 14, 2019 The annual pace of residential energy storage in Europe is set to double in the next six years with total of 6.6 gigawatts of capacity on the continent by 2024 – a fivefold increase from 2018, according to a Wood Mackenzie analysis. Annual deployments are projected to reach 500 megawatts…

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Corporations continue to buy solar energy with Apple and Amazon leading the way

Energize Weekly, August 7, 2019 Corporate solar acquisitions had a near-record-breaking year in 2018 led by Apple and Amazon, according to industry trade group Solar Energy Industries Association (SEIA). In all, 1,144 megawatts (MW) were installed, the second highest year after 2017. The figure includes projects owned by companies and offsite facilities that were owned…

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Global solar PV installation poised to set a record in 2019 of 114.5 GW

Energize Weekly, July 31, 2019 Global solar photovoltaic (PV) installations are set to reach a record 114.5 gigawatts (GW) in 2019, up nearly 18 percent from 2018, according to Wood Mackenzie Power & Renewables. The Chinese PV market, the world’s biggest, is slowing down as the government makes changes to its solar subsidy policies while other…

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Tri-State reaches exit deal with Colo. co-op, seeks FERC regulation on rates and contracts

Energize Weekly, July 31, 2019 After more than two years of sometimes acrimonious negotiations, fights before a state utilities commission and lawsuits, the Tri-State Generation and Transmission Association has agreed to terms allowing one of its rural Colorado cooperatives to leave next year. Four days after filing the agreement with Colorado Public Utilities Commission (CPUC),…

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AEP subsidiaries seeking to buy 1.5 GW of Oklahoma wind power

Energize Weekly, July 24, 2019 Two American Electric Power (AEP) subsidiaries are seeking state regulatory approvals to purchase nearly 1.5 gigawatts (GW) of wind power under development in Oklahoma at a cost of $2 billion. The subsidiaries – Southwestern Electric Power Co. (SWEPCO) and Public Service Co. of Oklahoma (PSO) – put out a proposal…

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