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More US wind power capacity was installed in 2020 than in any other year

Renewable Energy World

According to recent data released from the Energy Information Administration (EIA), in both 2019 and 2020, project developers in the United States installed more wind power capacity than any other generating technology. GW added in 2012. Texas has the most wind turbine capacity among states: 30.2

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Examining the Limits of ‘Energy Return on Investment’

GreenTechMedia

At the heart of this debate is one of the most important physical metrics you’ve never heard of: energy return on investment, or EROI. Hall and others, the basic principle behind EROI, also called energy returned on energy invested, is simple: A source of energy is only useful if you can get more energy out of it than what you put in.

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2020 was a record-setting year for global offshore wind investment

Renewable Energy World

Global financial investment for offshore wind capacity set records in 2020, according to new research released last month. Global investment for offshore wind also set new highs last year as investment reached USD 30 billion, surpassing the previous high of USD 22 billion set in 2018.

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Green Investment Group launches offshore wind and energy storage push

Business Green

Green banking giant announces UK energy storage acquisition and plans for Scottish offshore wind bid. Green Investment Group (GIG) has this week announced two major new moves to bolster its position in both the energy storage and offshore wind markets.

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Three-Quarters of New US Generating Capacity in 2020 Will Be Renewable, EIA Says

GreenTechMedia

According to EIA data released Tuesday , wind and solar will make up 32 of the 42 gigawatts of new capacity additions expected to start commercial operation in 2020, dwarfing the 9.3 EIA’s numbers also break records for both wind and solar in terms of annual capacity additions. gigawatts, and pushes total U.S.

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How NextEra Overtook ExxonMobil As The Largest U.S. Energy Company

R-Squared Energy

If you had invested in Florida-based utility NextEra Energy a decade ago, your total return through this week, including dividends, would have been 600%. In contrast, if you had invested in ExxonMobil a decade ago, you have seen the share value decline by half. NextEra’s dividend is considered as safe as an investment-grade bond.

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US Wind will expand offshore project in Maryland to include up to 82 turbines, company says

Renewable Energy World

US Wind also intends to develop 90 waterfront acres into a new offshore wind deployment hub where the company will invest $77 million through the existing MarWin project. Read more: First half of 2021 sees record investment in renewable energy. GW added in 2012.