In November, Chicago-based Invenergy announced it was buying the project from Houston-based Clean Line Energy Partners. That deal should bolster the financing, but Invenergy said the sale still needs regulatory approval in Missouri and Kansas. The transmission line also needs to regain regulatory approval in Illinois, where a state appeals court last year overturned the state’s previous approval. The Grain Belt Express project has highlighted one of the biggest challenges facing renewable energy developers in the U.S. Converting wind into electricity is increasingly affordable, but it can sometimes be difficult to get the various governmental approvals necessary to string the power lines from the remote areas where the energy is produced to the more populated places where it’s consumed READ HERE
Mar
25
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