Now, oil companies that have decades of expertise pulling crude from coastal waters are turning their attention to wind. Oil companies can drill wells that turn up empty, but renewable firms know the wind is there. They just have to harness it.
(Bloomberg) When the U.S. last auctioned big plots of ocean to companies that wanted to build offshore wind farms a few years ago, it raked in a then-record-setting haul of $405 million.
/PRNewswire/ Talen Energy Corp. ("Talen" or the "Company") today announced it has elevated Alejandro ("Alex") Hernandez to the role of Chief Executive.