Renewable Energy Update -- January 9, 2013

Allen Matkins
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Renewable Energy Focus

Biodiesel and wind tax incentives approved

Ag Professional News - Jan 3

With passage of legislation by the House and Senate to avoid the year-end “fiscal cliff,” the American Soybean Association (ASA) welcomed the provision in the law that extend the biodiesel tax incentive, and the American Wind Energy Association (AWEA) praised inclusion of the long-sought extension of wind energy tax credits.

U.S. Gauges Interest in New York Offshore Wind Projects

Bloomberg News - Jan 3

The Obama administration is gauging interest in wind power development off the coast of New York, after a state agency proposed an offshore project 11 nautical miles south of Long Beach. The Bureau of Ocean Energy Management issued a request for any competing interests in the proposed lease area, which covers about 127 square miles. If no other parties express interest, the New York Power Authority can get a lease on a non- competitive basis.

State panel approves offshore wind farm land survey

National Wind Watch - Jan 2

The Board of Public Works on Wednesday unanimously approved a contract that will allow the state to survey land ten miles off the coast of Ocean City for use as an offshore wind farm. St. Petersburg, Fla.-based Coastal Planning & Engineering Inc. will “conduct a high-resolution geophysical survey” of the area designated by the U.S. Department of the Interior as the area where energy-producing wind turbines could be built.

New York Renewables Push Gets Fresh $250 Million

EarthTechling - Dec 26

Renewable energy developers in New York state found a gift under their Christmas tree from Gov. Andrew Cuomo. He announced $250 million to back new electricity generating projects in the state.

Apple's energy storage plan for wind power sector

Wind Power Monthly News - Jan 7

Apple could be about to follow Google into the wind energy sector following reports the company has filed a patent for a wind energy storage solution.

Top 2012 Cleantech Milestones in San Diego

Clean Techies Blog - Jan 7

Despite tumultuous times for the industry, 2012 marked a banner year for clean technology in San Diego. Numerous organizations within the region’s cleantech cluster – from startups to multinational brands – made significant strides in continuing San Diego’s leadership in the global advanced energy economy. CleanTECH San Diego , a regional non-profit member organization dedicated to advancing cleantech innovation and adoption, picked a few of the highlights from a long list of local achievements as we say goodbye to 2012 and welcome 2013.

Notable Renewable Energy Projects and Deals

Buffett Utility Buys SunPower Antelope Valley Projects in $2 Billion Solar Bet

Biz Journal - Jan 2

Warren Buffett's MidAmerican Energy Holdings Co. agreed to spend as much as $2.5 billion to build two solar projects in California that are set to be the world's largest photovoltaic development. MidAmerican acquired the Antelope Valley projects in Kern and Los Angeles counties, with a combined generation capacity of 579 megawatts, from SunPower Corp. San Jose, California-based SunPower will operate and maintain the development via a multiyear services agreement.

Alexander & Baldwin finishes work on largest PV farm in Hawaii

Biz Journal - Dec 28

Alexander & Baldwin Inc. has completed construction on the largest solar generation facility in Hawaii — its 6-megawatt photovoltaic farm at Port Allen on Kauai’s westside. The project, which is located on 20 acres of land owned by A&B nearby Kauai Island Utility Cooperative’s Port Allen Station power plant, began delivering power to the utility on Dec. 7.

Sempra, BP Complete 21-Megawatt Wind-Power Farm in Hawaii

Bloomberg News - Dec 27

Sempra Energy and BP Plc completed a 21-megawatt wind farm in Hawaii, their fifth project together in an agreement to build more than 1,000 megawatts of renewable power capacity. The Auwahi Wind farm in southeast Maui will produce power for the island’s utility under a 20-year contract.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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