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Governors' Wind Energy Coalition

January 26, 2015

U.S.-China surge made 2014 a banner year for wind power — report 

Daniel Cusick, E&E reporter  •    •  Posted 2015-01-26 05:00:39

U.S. wind power developers, racing against the year-end expiration of the federal production tax credit, worked at breakneck speed to install 4.7 gigawatts of wind power capacity in 2014, according to new figures released yesterday by Bloomberg New Energy Finance. The increased pace of development resulted in a 600 percent increase in U.S. installations over 2013 and solidified the United States’ status as the second-largest global wind energy market behind China, BNEF researchers found. [ read more … ]

Obama backs India’s solar goals, seeks support for climate talks

BY KRISHNA N. DAS, Reuters  •    •  Posted 2015-01-26 05:01:39

U.S. President Barack Obama on Sunday offered to help finance India’s ambitious solar energy target and sought Prime Minister Narendra Modi’s support at global climate talks in Paris later this year. India is the world’s third-largest greenhouse gas emitter and often acts as the voice of the world’s developing countries in United Nations talks on everything from climate change to economic cooperation. [ read more … ]

Comment: The state of the wind industry is strong

By Tom Kiernan, American Wind Energy Association, The  •    •  Posted 2015-01-26 05:01:18

The strength of the U.S. wind industry is attracting the notice of the highest levels of government. In his State of the Union address, President Obama noted that the U.S. leads the world in wind generation. The fact that the U.S. is #1 – leading even China — comes from an analysis by EDF Renewable Energy executive Dr. James Walker. Wind energy is an American success story: the U.S. invented utility-scale wind farms, and by investing in them here in the U.S., we now have some of the best infrastructure this country has ever built. [ read more … ]

Worry for Solar Projects After End of Tax Credits 

By DIANE CARDWELL, New York Times  •    •  Posted 2015-01-26 05:02:15

Abengoa opened another mammoth plant on Friday in the Mojave Desert in California that uses the same approach. But despite the technology’s success, Abengoa and other developers say they do not have plans at the moment to build more such plants in the United States. And that is largely because of uncertainty surrounding an important tax credit worth 30 percent of a project’s cost. Although the subsidy, known as the Investment Tax Credit, is to remain in place until the end of 2016, when it will drop to 10 percent, that does not give developers enough time to get through the long process of securing land, permits, financing and power-purchase agreements, executives and analysts say. [ read more … ]

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