UK-based renewable investment firm Greencoat Capital intends to increase its US staff to 10 by the end of 2023 after it announced plans to make a massive investment stateside.

American Electric Power (AEP) subsidiary Public Service Company of Oklahoma (PSO) has issued two draft requests for proposals (RFPs) ahead of an anticipated October 15, 2021 official RFP launch date.

Approval of the 800 MW offshore wind project, to be built approximately 15 miles south of Martha’s Vineyard, has been touted as a watershed moment for the nation’s offshore wind sector, and the repositioning of the U.S. as a major player in the trillion-dollar global offshore industry.

While the expanding solar VPPA market and battery storage markets continue to grab the majority of the national conversation surrounding clean energy, Minnesota-based Xcel Clean Energy has been buying up wind projects at a faster rate than any other company in the country.

"Wind development is a capital-intensive industry, and the vast majority of that capital is spent at the beginning of a project’s lifespan," said Nate Blouin, policy manager for Interwest Energy Alliance, during a public comment session.

Solar developer ReVision Energy, which has offices across New England, joined the coalition to help move the region from a fossil fuel-based economy to one powered by clean and renewable energy.

In July, Democratic presidential nominee Joe Biden laid out his Build Back Better plan, an economic recovery agenda aimed at building a new, sustainable economy while creating millions of new jobs.

The Lake Erie offshore wind project ‘Icebreaker’ isn’t a done deal but a recent decision by the OPSB opens a wide berth for its developers to finally realize a plan that’s been in the works for almost a decade.