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The development of alternative energy sources has stimulated new businesses and employment. In 2011, the Environmental Law & Policy Center identified more than 100 businesses in Michigan involved in engineering and manufacturing wind turbine components, and employing 4,000 people.
Michigan imports all coal and nuclear fuel (uranium), and 82% of natural gas. A goal to produce over 10% of electricity from in-state renewable sources was set in 2015. Major electric companies in Michigan include DTE Electric Company (11,000 MW) and Consumers Energy (9,000 MW). [3]
Pattern Energy was organized in 2009 by Riverstone Holdings to acquire assets from Babcock & Brown's North American wind energy group. [1] In 2013 the company sold operating assets to Pattern Energy Group Inc. following that company's initial public offering (IPO). [2] The development assets of Pattern Energy were retained by a privately held ...
Medora is in Jackson County, a few miles from the border with Lawrence County. Archaea Energy, which was acquired by energy giant bp in December 2022 for $4 billion, announced plans to develop a ...
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A solid day for the overall market was a great day for stocks found in the alternative energy sector. Shares of solar panel maker First Solar (NASDAQ: FSLR) rallied 15.2%, followed closely by ...
LS Power is an American independent power company that owns, operates, and develops power generating stations, storage facilities, and transmission lines. [1] Founded in 1990, the company originally focused on developing and selling natural gas power plants, but has since expanded into developing renewable energy plants and transmission lines. [2]
Invenergy is an American based multinational power generation development and operations company. The company develops, builds, owns and operates power generation and energy storage projects in the Americas, Europe and Asia, including wind, solar, and natural gas power generation and energy storage facilities. It is North America's largest ...