Japanese firm buys into U.S. wind farm
The 120-megawatt farm in Stanton, Tex., employs turbines developed by General Electric Co. General Electric and operator Invenergy LLC hold the remaining stakes.
The acquisition marks Sumitomo's entry into the U.S. wind power market as President Barack Obama's administration embarks on legislation that will require utilities to get as much as 15% of their power from renewable sources.
Sumitomo wants to focus its renewable energy business on wind and solar power, mainly in Japan and the United States, the company says.
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South Africa's Eskom could buy less power from wind farms during lockdown
JOHANNESBURG - South African state utility Eskom has told independent wind farms that it could buy less of their power in the coming days, as electricity demand has plummeted during a lockdown aimed at curbing the spread of the coronavirus.
Eskom, which is mired in a financial crisis and has struggled to keep the lights on in the past year, said on Tuesday that power demand had dropped by more than 7,500 megawatts since the lockdown started on Friday and that it had taken offline some of its own generators.
The utility supplements its generating capacity, which is mainly derived from coal,…
