Wind | Page 23

BloombergNEF (BNEF) announced that it expects the cumulative capacity of offshore wind to top the 200GW mark, reaching 206GW by the end of the decade.

It's the weekend! Kick back and catch up with these must-read articles from around the web.

The U.S. Energy Information Administration (EIA) announced on Feb. 8 that it expects the share of renewables in the U.S. electricity generation mix to increase from 21% in 2020 to 42% in 2050.

Canadian public utility Hydro-Quebec announced on Feb. 4 that it signed a PPA to purchase power from the 200-MW Apuiat wind project.

Amazon will purchase half of the energy produced by a large Netherlands offshore wind farm to power its operations in Europe. The project will bring the company closer to its goal of being net-zero carbon by 2040 and allow it to run off 100% renewable energy by 2025, five years earlier than it previously planned.

Empire State Realty Trust (ESRT), a real estate company focusing on retail properties in Manhattan, announced on Feb. 3 that, after its latest contract, it now has enough wind energy to power its entire 10.1 million-square-foot commercial portfolio.

Ares Management Corporation announced Feb. 2 that it has acquired a 302 MW wind project in Illinois that will provide clean energy to McDonald's and Facebook.

Vaisala, a weather, environmental and industrial measurements company, announced on Feb. 2 that it achieved its target to use 100% renewable electricity by the end of 2020.

Verizon announced on Jan. 28 that it has entered into a total of 13 long-term renewable energy purchase agreements (REPAs) totaling nearly 1.7 GW of renewable energy capacity since December 2019. This has made it of the largest corporate buyers of U.S. renewable energy.

BNEF announced on Jan. 26 that its research shows that corporations purchased a record 23.7 GW of clean energy in 2020, up from 20.1 GW in 2019 and 13.6GW in 2018. The increase came despite the COVID-19 pandemic, a global recession and uncertain federal policy.