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Governors' Wind Energy Coalition

January 21, 2013

Wind hit installation record as developers raced to claim tax credit — report

Nick Juliano, E&E reporter  •    •  Posted 2013-01-21 12:53:43

Last year was a banner year for the wind industry as developers raced to complete projects ahead of the then-looming expiration of a key tax incentive, according to new research released today. About 13,200 megawatts of new wind capacity was installed in 2012, with more than 40 percent of those installations coming in December, according to the analysis by Bloomberg New Energy Finance, a nonpartisan research firm that maintains a database of transactions and projects in wind, solar and other clean energy sectors. The record pace of installations was spurred by the potential expiration of the production tax credit (PTC), which Congress ultimately extended Jan. 1 as part of the broader “fiscal cliff” legislation. [ read more … ]

Japan to start building world’s biggest offshore wind farm this summer

  •  RT  •  Posted 2013-01-21 12:54:14

Japan is to start building its ambitious wind farm project off the Fukushima coast in July. The farm is expected to become the world’s largest and produce 1GW of power once completed in 2020. The power-generating facility will be built 16 kilometers off the coast of the Fukushima Daiichi nuclear power plant, which was critically damaged by an earthquake and tsunami in March 2011. [ read more … ]

Under Obama, Spain’s Solar, Wind Energy Companies Invest Big In U.S.

Daniel Basteiro, Huffington Post  •  RT  •  Posted 2013-01-21 12:54:33

“We’ve got to make sure we’re building sources of energy for the future, not just thinking about next year, but 10 years from now, 20 years from now,” President Barack Obama said last fall during the second presidential debate, before a skeptical Mitt Romney. “That’s why we’ve invested in solar and wind power, biofuels and energy-efficient cars.”
These words sounded like celestial music to Spanish energy companies, and Obama’s reelection has been cause for celebration here. Spanish companies have been leading developers of solar and wind power, and have invested billions of dollars in the U.S. in recent years. With America’s push to develop the clean energy even further, there is an opportunity to greatly increase Spain’s output in these sectors, beyond regional partners like Latin America. [ read more … ]

Note: News clips provided do not necessarily reflect the views of coalition or its member governors.