Future For Renewable Energy Has Never Looked Brighter
October 8, 2013, 1:09 PM EDT
Law360, New York (October 8, 2013, 1:09 PM EDT) -- In what may be the best sign to date that the price for renewable energy sources are becoming increasingly competitive with the price for traditional energy sources, on Sept. 20, the commonwealth of Massachusetts and the state of Connecticut separately announced contracts to purchase over 800 megawatts of clean wind and solar energy from projects to be constructed in the region.
In Massachusetts, three of the commonwealth’s largest utilities requested the Massachusetts Department of Public Utilities’ approval of long-term contracts to purchase 565 megawatts of wind-generated...
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