Officials from New Jersey, Massachusetts, New York and Maryland could ensure their states jointly realize the benefits of offshore wind development while also quickly and efficiently bringing the industry to scale by combining their resources and working together, writes the editorial board of The Press of Atlantic City, N.J. "Everyone would win, just in different ways, and more clean energy would be created," it writes.
The European Investment Bank and ING will invest $370 million in environmental performance projects to reduce carbon emissions in the maritime shipping industry. Isabel Fernandez of ING says the agreement helps the company support its shipping clients' efforts to adapt and modernize their business models to achieve more sustainability.
Former Environmental Protection Agency Administrator Gina McCarthy has raised doubts over the legality of the Trump administration's efforts to repeal the Waters of the US rule, the Clean Power Plan and other Obama-era regulations. Rolling them back based on an executive order won't hold up in court, she said.
TransAlta Renewables is in the process of purchasing a 90-megawatt wind farm in Pennsylvania and 29-MW project in New Hampshire, said the firm, adding that both projects are slated to begin operations in the second half of 2019. "This acquisition demonstrates our commitment to grow and diversify our cash flows through the addition of long-term contracted assets with high-quality counterparties and expands our presence in the United States," President John Kousinioris said.
ENGIE North America has purchased US wind firm Infinity Renewables and its portfolio of projects, which has a combined capacity of more than 8 gigawatts, according to the companies. "With Infinity Renewables, ENGIE is investing in an experienced, accomplished development team, and we look forward to working with this team to accelerate the expansion of our renewables presence within the United States," said ENGIE North America President and CEO Frank Demaille.
The Maine Renewable Energy Association has filed a lawsuit against Gov. Paul LePage's January executive order banning new wind development. Executive Director Jeremy Payne argues that LePage's moratorium is illegal and also sends the message the investments in renewables are "neither welcome nor appreciated" in the state.
The New Jersey Legislature is considering a modified bill that would enact new support mechanisms for nuclear plants while also expanding the state's renewable energy target from 35% by 2025 to 50% by 2030. The Senate Budget and Assembly Telecommunications and Utilities committees will review the legislation in a joint session Thursday.
The Great Lakes Bioenergy Research Center will move away from developing crop-based ethanol to fungible fuels and chemicals. "We're trying to re-task native pathways and engineer next-generation microbial factories that can manufacture valuable fuels and chemicals from renewable wastes," according to a statement by Tim Donohue, director of GLBRC.
Under-delivery and over-simplification are the biggest challenges facing the biobased industry that have led to investor and customer disappointment, according to Genomatica co-founder and CEO Christophe Schilling. He also talked about a biobased athletic shirt made with bio-butanediol, the company's first product.
UPM Biofuels' Biofore Concept Car, a joint production with the Helsinki Metropolia University of Applied Sciences, uses biobased materials for the majority of its parts and runs on the company's wood-based renewable diesel, said Anneli Kunnas, manager of UPM's stakeholder relations and marketing division. The concept car highlights the potential of UPM's biomaterials and the company's change into a leader of the forest-based bioindustry.
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