America's First Large Offshore Wind Farm to Offer $1.4B in Savings

LORRAINE CHOW | August 2, 2018

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Renewable energy is truly getting cheaper every day. The 800-megawatt wind farm Vineyard Wind project, the first large-scale offshore wind farm in the U.S., has offered a total levelized price of $65 per megawatt-hour (MWh) a record low. The planned wind farm, located 15 miles south of Martha's Vineyard, will be jointly developed by Avangrid Inc. and Copenhagen Infrastructure Partners. Their contract was filed Wednesday with the Massachusetts Department of Public Utilities.

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Will the Coronavirus Bring Clouds to this Solar Energy ETF?

Article | April 1, 2020

The capital markets are well aware of the stress and strife that coronavirus is putting on oil prices as the commodity continues to test new lows. One byproduct of the pandemic, however, that might not be getting enough coverage is the cloudy doom and gloom that the virus is bringing to the solar energy space. Solar energy businesses are also feeling the pinch, but not getting the support they desire from the federal government. “As Congress continues to address the ongoing COVID-19 crisis, we appreciate that they are prioritizing relief for families and small businesses,” said President and CEO of the Solar Energy Industries Association Abigail Ross Hopper. “There are several elements in this legislation that can help solar businesses and solar workers, including long-term unemployment insurance, business loans and provisions that support employee retention and other employee protections. We will be working to help our members understand what resources are available to them as a result of this legislation and how they can use those resources to help get through this difficult time.”

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Solar energy can help tackle climate change

Article | February 27, 2020

Homeowners, commercial and industrial businesses have started choosing solar energy over conventional sources of energy in India. The explosive adoption is a result of affordable solar modules, Government schemes and policies that are accelerating the growth of renewable energy. Solar energy reduces the dependence and reliance on fossil fuels. Besides burning of fossil fuels for energy production has been one of the biggest culprits contributing to climate change. And, we have been doing it not just for years or decades but for centuries. Today, we have numerous environmental challenges that are directly influenced by human activity.

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Coronavirus Pandemic Impacting Solar, Storage and other Energy Sectors

Article | March 17, 2020

The COVID-19 pandemic has disrupted just about every sector of the economy, and that now includes the energy sector, according to analysts and media reports. Beyond just constricting demand, the virus had begun to undermine energy-related supply chains; the solar, utility storage and electric vehicle industries may be particularly hard hit, according to experts. The pandemic likewise threatens to divert regulatory attention from ordinarily pressing energy matters to other more urgent issues. Energy regulators in Texas and elsewhere, for instance, have ordered or encouraged utilities to suspend nonpayment disconnections because of the crisis.

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Is nuclear power the energy of the future?

Article | March 11, 2020

It’s been nine years to the day since the Fukushima Daiichi nuclear disaster: one of the worst nuclear accidents in history. This brings up memories of Chernobyl and other nuclear accidents that have played a part in the opposition to nuclear energy. However, there is still a debate on the merits and drawbacks. There are those who see it as a path forward to getting off of fossil fuels while others maintain that not only does nuclear energy pollute, but other risks are taken by developing this type of energy. This debate has been going on for decades since the birth of the atomic bomb. Yet, due to the threat of climate change, is nuclear power a viable option moving forward?

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