The New Jersey Board of Public Utilities approved rules for a community solar pilot, allowing residents to participate in a solar project that is not located on their property, according to a Jan. 17 news release. The agency said that expanding solar access is key to achieve Democratic Governor Phil Murphy’s stated goal of 100…...
Alternative compliance payments assessed under Connecticut’s renewable portfolio standards program fell to $2.329 million in 2016, a decline of more than half from 2014, according to a RPS compliance report issued Jan. 23 by the Public Utilities Regulatory Authority. Assessed alternative compliance payments fell down from $3.90 million in 2015 and $7.86 million in 2014…....
Eastern U.S. states are jockeying to claim the mantle of leadership of the nation's still-budding offshore wind industry, eyeing major infrastructure upgrades and workforce training to meet procurement targets and capture the billions-of-dollars in investments promised by the clean, abundant and largely untapped coastal wind resources.
Scout Clean Energy LLC, a Colorado-based renewable energy developer, announced the closing of financing and the launch of construction of its 300-megawatt Ranchero wind park in Texas, according to a Jan. 17 press release. The project has a 10-year proxy revenue swap, or PRS, with Allianz Global & Specialty Inc.’s Alternative Risk Transfer unit, in…...
