New York signs off on $5bn Clean Energy Fund

New York signed off on a $5bn Clean Energy Fund to be deployed over the coming decade, as the state looks to become a global hub for renewable energy innovation and deployment.

Tough debut as GE Renewable Energy joins big league

The newly-formed GE Renewable Energy division made its debut as a standalone business in a tough set of quarterly results for the US industrial giant, which is undergoing big changes amid what its CEO called “a slow-growth environment”.

Brazil’s Renova faces strike threat at 737MW Alto Sertão 3

Workers at the 737MW Alto Sertão 3 wind complex being built by Brazilian renewables developer Renova Energia in the state of Bahia are preparing to go on strike in what they say is a bid to avoid further mass layoffs and guarantee payment of arrears to the contractors they work for.

China’s Envision to establish wind blade centre in US

Envision Energy, the Chinese wind group, will establish a blade innovation centre in Boulder, Colorado, to be led by Kevin Standish – formerly chief engineer of blades at Siemens Wind in the US.

NJ governor deals setback to Fishermen’s offshore pilot

Governor Chris Christie exercised a “pocket veto” to effectively kill Senate Bill 2711 which would have required the New Jersey Board of Public Utilities (BPU) to allow Fishermen’s Energy to re-apply for a public subsidy for its 24MW pilot offshore project.

Taiwanese investment in offshore wind to hit $74m in 2016

Investment in Taiwan’s fledgling offshore wind sector could hit NT$2.5bn ($74.3m) in 2016, with annual installations set to eventually reach 300MW in the years ahead, the government said this week.

Ikea adds to wind investments with 42MW repowering project in Finland

Ikea has made its latest foray into the renewables sector with an agreement to buy a 42MW project in northern Finland.