Ørsted CEO expects strong growth in U.S. renewable market to continue even without incentives

first_img FacebookTwitterLinkedInEmailPrint分享S&P Global Market Intelligence ($):Denmark’s Ørsted A/S is ramping up its expansion into the U.S. renewables market, where it expects continued cost reductions and higher prices for corporate power deals to fuel sustained growth after renewable tax credits are phased out.The largest offshore wind producer in the world broke into the U.S. onshore wind market with its acquisition of Chicago-based wind developer Lincoln Clean Energy LLC in October and announced on May 1 that it was buying a subsidiary of solar developer Coronal Energy, marking its first dip into photovoltaics and storage.“The U.S. solar market has significant potential,” Ørsted CEO and President Henrik Poulsen said on a call to discuss the company’s first-quarter earnings on May 1. “We believe the combination of onshore wind, solar PV and storage gives us a very strong platform for long-term growth in the U.S.”Poulsen said the acquisition includes Coronal’s development team and utility-scale solar and storage project pipeline. The company, headquartered in Pasadena, Calif., and backed by Japanese giant Panasonic Corp., has a multi-gigawatt-development pipeline in more than 20 states, according to its website.Ørsted expects its burgeoning U.S. onshore business to thrive despite the phaseout of renewable production tax credits, or PTCs, this year, as the subsidies will be offset by higher prices on corporate power purchase agreements, or PPAs, and continued cost declines, especially for onshore wind.“Beyond the PTC expiry, there is no doubt that the market will need to go for realignment,” Poulsen said. “Right now, corporate PPAs have been struck at prices that are very low and I’ll claim are very attractive to the corporations buying green power … because of the PTC support. I have no doubt that we’ll continue to be a strong market in the U.S., also beyond PTC,” he added.More ($): Ørsted sees bright prospects for U.S. expansion after end of renewable tax credits Ørsted CEO expects strong growth in U.S. renewable market to continue even without incentiveslast_img read more

Read more on Ørsted CEO expects strong growth in U.S. renewable market to continue even without incentives

Bright, Williams, Phillips and Caesar make CARIFTA Games qualifying standards

first_imgAMERICAN Youth Championships medallists Chantoba Bright and Daniel Williams, along with Schools’ Nationals record-holder Kenisha Phillips, and Linden’s Compton Caesar were among those who clinched CARIFTA Games qualifying marks at last weekend’s National Youth and Junior Championships, held at the National Track and Field Centre at Leonora. Also making the cut was distance runner Anfernee Headecker, while there were also Mercury Fast Laners’ Tiah Thornhill and Christianburg’s Jermain Brown.Distance runner Claudrice McKoy almost touched the qualifying time in the girls’ Under-20 1500m but she finished in 4:48.79s when the qualifying time (QT) was a flat 4:48.00s.Most of the athletes, however, only managed to make qualifying standards in one event at the Championships, which also served as the CARIFTA Games trials.Another great performance in the girls’ Under-18 long jump was Bright’s leap of 5.77m, quite outside the 5.55m set by the Athletics Association of Guyana (AAG). However, in the triple jump, the CARIFTA Games bronze medallist was short of the 11.8m, after her best jump only took her to 11.67m. Nonetheless she still won the event.Kenisha PhillipsSprinters Phillips and Caesar did their regular sprint double wins, while Daniel Williams picked up the 200-400 double wins as well as the high jump victory. However, they each only qualified in one event.For Phillips, it was the girls’ Under-18 100m, where she overcame Christianburg’s Onasha Rogers to achieve the 12 seconds QT. In the 200m, the Guyana Defence Force (GDF) athlete took down Rogers’ clubmate Deshanna Skeete but her 24.83 seconds was just outside the 24.5 seconds that she needed.Caesar, also from Christianburg, competed in the junior category, where he defeated SAYC silver medallist Tyrell Peters in both events. The two-time Commonwealth Youth finalist took the 200m win, on Sunday, in 21.27 seconds, outdoing the 21.68 seconds that Peters ended with. Peters’ time was just beyond the 21.60 seconds standard.On Saturday in the 100m Caesar registered 10.49 seconds and Peters 10.69 seconds. Both passed the 10.35 seconds mark.In the boys’ Under-18 200m, Williams prevailed with 21.83 seconds, just inside the 21.9 seconds mark, while in the 400m his 50.05 seconds was outside the 49 seconds, and in the high jump he cleared 1.88m, but could not clear the 1.90m qualifying standard.Headecker performed in the boys’ 800m and 1500m, finishing the former in 1:54.17s just inside the 1:55.00s QT. In the 1500m, a 4:08.14s was not good enough, as the standard was set at 4.05.00s.Running Brave’s Samuel Lynch finished close behind in the 800m and clocked 1:56.98s.Christianburg’s Browne qualified in the boys’ Under-17 long jump where his 6.87m was just over the 6.80m mark. Thornhill clocked 2:13.66 seconds in the girls’ Under-18 800m where the qualifying time is 2:16.00s.last_img read more

Read more on Bright, Williams, Phillips and Caesar make CARIFTA Games qualifying standards

Wenger Extols Iwobi’s Attributes

first_imgThe Nigeria striker turned from provider to scorer in the 38th minute when he finished confidently from inside the box off a Sanchez pass.He was extremely unfortunate not to complete his brace in the 51st minute when his powerful strike clattered against the crossbar after cutting inside his marker.Iwobi was substituted in the 74th minute to a standing ovation by the Arsenal faithful at the Emirates who realise that they have a gem in their hands.Wenger has now taken the time to extol the qualities of the young Nigerian forward after yet another accomplished display that belied his tender years.“He’s a creative player. He scores goals as well. Overall, he’s a midfielder and a striker so he can be creative in his passing. He’s very mobile too. We have a game based on movement and he participates very well,” Wenger told ITV after the game.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram Arsenal manager Arsene Wenger has praised the impact of Nigerian international Alex Iwobi in his squad. The 19-year-old continued to prove his worth at Arsenal as he scored his second goal in as many starts in the English Premier League on Saturday.Iwobi had earlier netted his first league goal of the season for Arsenal against Everton at Goodison Park on March 19. He got the nod from Wenger to start his second successive game for the Arsenal in the 4-0 defeat of Watford yesterday and did not disappoint.He scored a goal, created an assist, struck the crossbar and put in a lively performance which will no doubt please Wenger to no end.Iwobi was instrumental in Arsenal’s first goal in the fourth minute as he teed-up Chilean forward Alexis Sanchez, who fired home unerringly from close range.last_img read more

Read more on Wenger Extols Iwobi’s Attributes