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  • Executives of ZipCar and Akamai Technologies are among several business leaders backing Cape Wind’s proposed offshore farm off Cape Cod, Mass., tempering opposition from Wal-Mart over higher costs for offshore power.
  • Larry Weis and David Wright, the prospective new heads of Austin Energy, are set to carry out a plan to aggressively invest in renewables.
  • EU member states are targeting massive growth in onshore wind farms by 2020—30% in Germany, 130% in Ireland, 230% in Italy and 74% in Spain—as well as more than 16,000 MW in offshore wind according to a leaked draft of EU energy strategies.
  • GE Energy Financial Services has purchased a majority stake in a portfolio of wind farms near Hagerman and Burley, Idaho, for an undisclosed amount from Exergy Development Group.
  • Enbridge has agreed to invest $500 million in the RES Americas’ 250 MW Cedar Point wind project in Colorado and will own the project upon completion.
  • Pacific Blue Energy Corp. and Siliken Renewable Energy plant to submit a bid for a power purchase agreement for a 15 MW solar project to Arizona Public Service.
  • Maine’s Sen. Olympia Snowe threw her support behind imposing fees on utility greenhouse gas emissions, possibly reviving the stalled climate change legislation.
  • Montana-Dakota Utilities Co. has brought two wind farms totaling 30 MW online, as part of its renewable generation strategy.
  • Britain needs to speed renewable power development if its goal of a 34% greenhouse gas reduction by 2020 is to be met.
  • More consolidation is expected in the wind industry as developers struggle to pull projects across the finish line.