Washington Senate approves measure on energy targets
The bill would ease Initiative 937, which requires large utilities to supply 15 percent of its electricity through renewable energy sources such as wind or solar power by 2020.
The Senate bill, which passed on a 27-21, now heads to the House, where it faces likely opposition.
The bill allows utilities to count conservation efforts and some existing energy sources toward the targets. But it changes some of the goals: upping the percentage of renewable energy to 16 percent by 2020, and adding a new 2014 target of 4 percent and a 2025 target of 20 percent.
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TEXAS - Octopus Energy, a UK-based renewable energy provider known for its innovative approach to clean energy solutions, has announced its first investment in the US renewable energy market. This strategic move marks a significant milestone in Octopus Energy's expansion into international markets and underscores its commitment to accelerating the transition towards sustainable energy practices globally.
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Octopus Energy has partnered with Copenhagen Infrastructure Partners (CIP) to acquire a stake in a portfolio of solar and battery storage projects located across the United States. This investment reflects Octopus Energy's strategy to diversify its renewable energy portfolio and capitalize on…
