New York Awards Provisional Offtake Agreements To Three Offshore Wind Projects

1.) New York awards provisional offtake agreements to three offshore wind projects totaling 4,032 MW, as part of overall 6,400 MW clean energy solicitation.

2.) European consortium teams up to develop test lab for floating wind turbines as large as 20 MW.

3.) Chinese turbine maker Ming Yang announces plans for 22MW offshore wind turbine, citing the advancements in manufacturing and lightweight carbon fiber technology.

4.) Duke Energy to soon break ground in Florida on the first U.S. demonstration project to generate electricity with an end-to-end system for producing, storing and burning 100% green hydrogen in a GE turbine for peak power.

5.) BP Pulse to buy $100 million of Tesla DC fast chargers, with speedsup to 250 kW, the first time Tesla chargers will be used by a third-party EV charging network. Chargers will be installed as early as next year at gas stations, Travel Centers of America locations, and custom-built hubs near airports, major metropolitan areas, and also for commercial fleet customers.

6.) Stellantis and battery recycler Orano announce formation JV to recycle battery factory scrap and end-of-life vehicle batteries in both U.S. and European markets, helping automaker access supplies of critical battery inputs.

7.) Ford reports Q3 losses in its electric car division of $1.3 billion, 200 million dollars higher than Q2. Losses per vehicle were calculated at $36,000 in Q3. Ford intends to slow planned billion-dollar investments in new plants.

8.) Herz to decelerate EV adoption in rental fleet, citing unexpected hit to earnings coming from declining resale value of its Tesla vehicles, and higher-than expected repair costs to damaged EVs.

9.) DOE releases draft road map for transforming grid interconnection processes to address lengthy interconnection queues.