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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Four Facts about Covid and U.S. Electricity Consumption
WASHINGTON - This is an important turning point for the United States. We have a long road ahead. But one of the reasons I’m optimistic about Biden-Harris is that we will once again have an administration that believes in science.
To embrace this return to science, I want to write today about a fascinating new working paper by Tufts economist Steve Cicala.
Professor Cicala has been studying the effect of Covid on electricity consumption since back in March, when the Wall Street Journal picked up his work documenting an 18% decrease in electricity consumption in Italy.
The new work, focused on the United…
