Wind

Investors in the wind industry have so far reacted confidently to the spread of the coronavirus strain Covid-19. But how long will this confidence last?

On 20th December, wind energy projects gained an unexpected extension to the expiring production tax credit when President Donald Trump signed into law the Further Consolidated Appropriations Act of 2020.

Companies in the wind industry find themselves under pressure every day to show a perfect green image.

On 10th March, shareholders of US renewables developer Pattern Energy Group are set to vote on whether to accept the planned $6.1bn buyout by Canada Pension Plan Investment Board that was agreed in November.

In the face of federal inaction on climate change, US state governments, cities, utilities and private companies are setting “net zero” emission targets by 2050.

On Tuesday, we heard from Vineyard Wind, the 50:50 joint venture between Avangrid Renewables and Copenhagen Infrastructure Partners that is working on the 800MW Vineyard Wind project in the waters off Massachusetts.

The global coronavirus epidemic continues to worsen.

“This is not the end. It is not even the beginning of the end. But it is, perhaps, the end of the beginning.”

New wind power infrastructure will see a near-record year of growth in 2020, as sponsors are lining up as much as 14GW of new projects to start operation ahead of the end-of-year deadline to qualify for the full federal PTC.

What a difference a year makes. Last year, GE Renewable Energy was enjoying its status as a bright point in an otherwise difficult set of annual results for parent group General Electric.

Last week, we published our North American Power List, which includes a top 100 list of the most influential people in the wind industry in North America.

Will this be the year that offshore wind finally takes off in France?