Dominion Energy completes Virginia offshore wind pilot project

Dominion Energy completes Virginia offshore wind pilot project

Dominion Energy has completed its 12 MW pilot offshore wind project off the coast of Virginia, consisting of two Siemens Gamesa 6 MW turbines. The project is expected to be connected to the grid later in summer, following testing. The permitting, design, installation,...
Wind capacity additions set a new record

Wind capacity additions set a new record

The United States set a new record with the addition of 2,617 MW of wind capacity during Q1 2020. According to S&P Global Market Intelligence, installed wind capacity in the United States now exceeds 107,000 MW. This represents a sizable increase compared to the...
Renewable energy tax credit window extended

Renewable energy tax credit window extended

The U.S. Treasury Department and the Internal Revenue Service extended the renewable energy tax credit window on Wednesday May 27th. As a result, renewable energy facilities will have more time to qualify for production tax credits (PTCs) and investment tax credits...
US rig count lowest on record

US rig count lowest on record

The number of active oil and natural gas drilling rigs in the United States reached an all-time low on May 15th, when there were 258 oil rigs 79 gas rigs, according to Baker Hughes data.  Baker Hughes has been tracking rig counts since 1987. Oil rigs saw the steepest...