On July 27, 2022, New York Gov. Kathy Hochul announced the release of the state’s third offshore wind solicitation. With this request for proposals (RFP), New York looks to secure at least 2,000 MW of additional offshore wind power generation — expanding on New York’s already approximately 4,300 MW generation portfolio and further positioning the state to meet its goal of at least 9,000 MW of offshore wind by 2035.
Continue Reading Gov. Kathy Hochul Releases New York’s Third Competitive Offshore Wind RFP Solicitation
Renewable Energy
Webinar Replay: Offshore Wind Market Update and Supply-Chain Investment Opportunities
Posted in Energy Private Equity, Renewable Energy
Did you miss our July 14, 2022 webinar?
McGuireWoods is organizing a series of webinars and events for utilities, private equity, independent sponsors, energy developers and other market participants pursuing energy investments in the North American offshore wind sector.
…
President Biden Orders Tariff Exemption for Solar Panels
Posted in Energy Policy & Consulting, Renewable Energy
Yesterday, June 6, 2022, President Biden ordered various emergency measures to combat a shortage of solar modules and related components in the United States, including declaring a tariff exemption of up to two years on certain solar cells and modules exported from Cambodia, Malaysia, Thailand and Vietnam.
Continue Reading President Biden Orders Tariff Exemption for Solar Panels
U.S. Department of Commerce Investigation of Solar Panel Imports Puts Solar Projects at Risk
Posted in Energy Policy & Consulting, Renewable Energy
On March 28, 2022, the U.S. Department of Commerce (DOC) announced it is investigating whether imports of solar panels assembled in Cambodia, Malaysia, Thailand and Vietnam are circumventing duties intended to limit imports of solar cells and panels from China, in violation of anti-dumping rules. The announcement of an investigation is already impacting current and future solar developments using crystalline silicon photovoltaic cells (CSPV).
Continue Reading U.S. Department of Commerce Investigation of Solar Panel Imports Puts Solar Projects at Risk
Biden’s Path to Clean Energy: May 11 North Carolina Offshore Wind Lease Auction
By Mike Woodard, Sam Kettering, Emilie McNally & Jake Spilman on
Posted in Energy Policy & Consulting, Renewable Energy
On March 25, 2022, the Biden-Harris administration issued a press release announcing a May 11, 2022, wind energy auction of 110,091 acres in the Carolina Long Bay offshore wind energy area off North Carolina’s coast. This announcement marks a tangible step closer to the Biden-Harris administration and state of North Carolina’s clean energy goals of achieving 30 GW and 2.8 GW, respectively, of offshore wind power by 2030.
Continue Reading Biden’s Path to Clean Energy: May 11 North Carolina Offshore Wind Lease Auction
Feeling the Heat: Solar Projects Face Rising Costs and Increased Uncertainty
By Emilie McNally, Sam Kettering, Jake Spilman & Alex Jones on
Posted in Miscellaneous, Renewable Energy
The beginning of 2022 has dealt most markets a difficult hand. Many industries are grappling with increased production and shipping costs, supply chain constraints, rising inflation and increased volatility — and the solar energy industry appears to be no exception.
Continue Reading Feeling the Heat: Solar Projects Face Rising Costs and Increased Uncertainty