On May 4th Eversource Energy initiated a strategic review of its offshore wind (OSW) portfolio, which could result in the potential sale of all or part of its 50% interest in its OSW joint venture with Ørsted.
Read Full ReportM&A for commercial solar, comprised of commercial and industrial (C&I) and community solar (CS), has been very robust over the past few years. Some of the biggest deals have included Brookfield Renewables (AltaGas), Goldman Sachs (SunPower, Clean Focus Yield, South Jersey Industries), Argo Infrastructure (CarVal, Onyx) and CleanCapital (BR Group Holdings). More recent platform deals have included ECP (Pivot), Blackrock (DSD + Borrego portfolio add-on) and Partners Group (Dimension Renewables).
Read Full ReportThe pending capacity crunch facing Ontario’s electricity grid is becoming increasingly clearer and more severe. On April 4th, the IESO released its second Annual Acquisition Report (AAR), which presents the Independent Electricity System Operator’s (IESO’s) plans to address future power supply system needs.
Read Full ReportAlberta has become a strongly wind-hinging market. With 2,269 MW of installed capacity, momentary capacity factors that have reached 96%, and Alberta load ranging from approximately 7,600 MW to 11,700 MW, wind power can at times provide for a significant portion of Alberta internal load.
Read Full ReportIn December 2021, the Independent Electricity System Operator (IESO) released its Annual Planning Outlook (APO), which is the third outlook published by IESO for Ontario’s power system. The APO informs stakeholders of system needs and the 2021 APO covers the period from 2023 to 2042.
Read Full ReportBOEM’s New York Bight lease auction was a huge success, but with such success comes challenges. First, let’s celebrate the success. An industry that until recently was frequently referred to as “nascent” in the US, was able to attract $4.4 billion for the right to develop six offshore wind (OSW) projects.
Read Full ReportCalifornia ISO (CAISO) just released its Draft 2021-2022 Transmission Plan, which included an offshore wind (OSW) sensitivity that included the following resources: Humboldt Bay (1,607 MW), Diablo Canyon (4,419 MW) and Morro Bay (2,324 MW).
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