Solar Bay

Bank of America | January 21, 2020

American lender Bank of America (BoA) on Tuesday said it has met its 100 percent renewable electricity (or carbon neutrality) goal a year ahead of its schedule. However, it is pending to the third-party verification. It was accomplished by reducing Scope 1 and 2 emissions from its facilities, purchasing 100 percent renewable power and buying carbon offsets for its remaining unavoidable emissions. Commenting on the development, Brian Moynihan, CEO of Bank of America, said “we are delivering respo...

Energy

RWE Renewables | February 28, 2022

RWE Renewables, one of the globally leading companies in offshore wind announced its success in the New York Bight offshore lease auction in the U.S. Through the joint venture 'Bight Wind LLC', RWE secured area OCS-A 0539 with a winning bid of $1.1 billion. The awarded seabed has the potential to host 3 gigawatts (MW) of capacity, enough to power 1.1 million U.S. homes. The project is expected to be in operation toward the end of the decade. The auction consisted of six le...

Digital Journal | February 07, 2020

Avangrid Renewables, a subsidiary of Avangrid, has announced that its 307.06MW Karankawa Wind Farm has started clean energy supply. The Karankawa wind farm is located in San Patricio and Bee counties, northeast of Mathis, Texas. The wind farm covers 18,000 acres owned by 65 landowners. Karankawa is powered by 124 of GE’s wind turbines ranging in capacity between 2.3 and 2.52 MW, with a total capacity of 307.06MW. The wind farm is the sixth-largest in Texas and the largest wind farm of Avangrid R...

Oil & Gas 360 | January 13, 2020

Ormat Technologies, Inc. (NYSE: ORA) today announced the signing of two similar Power Purchase Agreements (PPA) with Silicon Valley Clean Energy (SVCE) and Monterey Bay Community Power (MBCP). Under the PPAs, SVCE and MBCP will each purchase 7MW (for a total of 14 MW) of power generated by the expected 30MW Casa Diablo-IV (CD4) geothermal project located in Mammoth Lakes, California. The PPAs are for a term of 10 years and have a fixed MWh price, which includes energy, capacity, environmental at...