Focus Courthouse News Service – February 11
As California continues to grow its renewable energy capabilities, Assemblyman David Chiu says the state must tap into offshore winds to meet its ambitious goal of 100% clean energy by 2050. Chiu introduced legislation this Thursday that would usher in a rush of new floating turbines as well as clean energy jobs. Assembly Bill 525 would require state regulators to set a planning target of at least 10 GW of offshore wind production by 2040, with a short-term goal of 3 GW by 2030. To set the plan in motion, AB 525 also directs state agencies to begin securing necessary federal permits and planning for port upgrades and other infrastructure projects.
Abu Dhabi’s Masdar has announced the acquisition of 50 percent of a portfolio of clean energy projects in the US that have resulted in the creation of a
Masdar announced that it has achieved the first closing on the acquisition of 50 per cent of a 1.6-gigawatt (GW) clean-energy portfolio of projects in the United States (US) from EDF Renewables North America.
Masdar achieves first close on 1.6 GW clean energy US portfolio
DUBAI, February 9, 2021 Abu Dhabi s renewable energy company Masdar has announced that it has achieved the first closing on the acquisition of 50 per cent of a 1.6-gigawatt (GW) clean-energy portfolio of projects in the US from EDF Renewables North America. Masdar and EDF Renewables North America had last year announced that they had agreed to partner in eight renewable energy projects, including three utility-scale wind projects in Nebraska and Texas totalling 815 megawatts (MW), and five photovoltaic (PV) solar projects in California totalling 689 MW – two of which include lithium-ion battery energy storage systems representing 75 MW.