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Offshore Wind Projects Receive Boost from Massachusetts and Biden Administration

LCG, March 31, 2021--The Governor of Massachusetts signed legislation last Friday that authorizes the state to direct utilities to purchase an additional 2,400 MW of offshore wind energy by 2027.

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NV Energy's Greenlink Nevada Transmission Project Approved by PUCN

LCG, March 25, 2021--The Public Utilities Commission of Nevada (PUCN) on Monday approved proceeding with NV Energy's Greenlink Nevada transmission and renewable energy initiative. NV Energy's planned investment in Greenlink is over $2.5 billion.

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Industry News

World Bank to Give $199 Million for Bangladesh Electricity

LCG, June 26, 2002--Yesterday, the World Bank allotted money in the form of credit and grants to Bangladesh for energy development.

The $199 million consists of $191 million interest-free credit and an $8 million grant.

The World Bank intends the money to be used in rural electrification and renewable energy project, to expand service to 700,000 remote customers.

The project is estimated to cost $298 million, $92 million of which will come from the Bangladesh government.

About 10 million households in Bangladesh do not have electricity. The population of Bangladesh is over 133 million.

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