Renewable Energy

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U.S. Solar Factories Need More Government Support to Succeed, Report Says

Latest, Renewable Energy, Solar, Tri-Pinned, US News / By

(Reuters) – U.S. efforts to build a domestic supply chain for solar energy components is stalled and will require urgent government action to support the factories needed to compete with China, according to a report published on Wednesday. The analysis by Guidehouse Insights, commissioned by the Solar Energy Manufacturers for America Coalition, said existing federal …

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Right-Wing Groups Sue U.S. Over Offshore Wind Impact on Whales

Latest, Renewable Energy, US News, Wind / By

March 18 (Reuters) – Three right-wing groups sued the Biden administration on Monday over its approval of a wind project off the coast of Virginia, alleging it failed to consider the facility’s impacts on endangered whales. The federal lawsuit filed by the Heartland Institute, Committee for a Constructive Tomorrow (CFACT) and National Legal and Policy …

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Big Oil Executives Push Back Against Calls for Fast Energy Transition

Conventional Energy, Latest, Natural Gas, Oil, Pinned Primary, Renewable Energy, Solar, US News, Wind / By

Top oil executives took to the stage of a major energy conference on Monday to vocally oppose calls for a quick move away from fossil fuels, saying society would pay a steep cost to replace oil and gas. Big oil companies including BP and Equinor have written down renewable energy projects and others have been forced to …

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US Solar Installations to Benefit from Inflation Reduction Act in 2024, Report Says

Latest, Renewable Energy, Solar, US News / By

Reuters (Reuters) – The U.S. solar industry is expected to continue its momentum in 2024 after accounting for over 50% of new electricity capacity additions to the grid last year, according to a report published by Wood Mackenzie and the Solar Energy Industries Association on Wednesday. Companies and residents have aimed to capitalize on U.S. …

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China Sets Tougher Energy Efficiency Goal After Falling Behind on 2025 Targets

CDN and International News, Latest, Renewable Energy, Solar / By

Summary China vows to cut energy intensity 2.5% in 2024 2023 intensity only fell by 0.5%, less than 2% target 2024 target won’t meet five-year plan goals, analysts say BEIJING, March 5 (Reuters) – China on Tuesday set more stringent energy intensity targets for 2024 after missing last year’s goal, as the world’s biggest energy …

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Shell’s U.S. Solar Unit Launches Asset Sale

Latest, Renewable Energy, Solar, Tri-Pinned, US News / By

(Reuters) – Shell’s  U.S. solar business Savion has put around a quarter of its assets up for sale, according to a marketing document and industry sources, as the oil major extends a retreat from owning renewables projects under CEO Wael Sawan. Investment bank Jefferies is running the sale of up to 10.6 gigawatts (GW) of solar generation …

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Record Year for Wind Farms Raises Hope for EU Green Energy Goals

CDN and International News, Latest, Renewable Energy, Wind / By

(Reuters) – A record year for building new wind farms and a rebound in investments in the sector have raised hopes that the EU may achieve its clean energy targets, industry group WindEurope said on Wednesday. In an annual report, WindEurope described 2023 as a year of “significant improvements” in key areas of Europe’s wind …

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A MUST WATCH: How Much Energy Will the World Need? – Let’s Compare Political “Dream” to Energy “Reality” – Mark Mills

Conventional Energy, Latest, LNG, Natural Gas, Oil, Renewable Energy, Solar, US News, Wind / By

Are we heading toward an all-renewable energy future, spearheaded by wind and solar? Or are those energy sources wholly inadequate for the task? Mark Mills, Senior Fellow at the Manhattan Institute and author of The Cloud Revolution, compares the energy dream to the energy reality.    

Top Global Energy Traders Face Multi-Billion Cash Investment Quandary as Poor Returns in Solar, Wind and Hydrogen Irk Investors

Conventional Energy, Energy Topics & Technology, Hydrogen, Latest, LNG, Natural Gas, Oil, Pinned Primary, Renewable Energy, Solar, US News, Wind / By

 As the world’s top global energy trading houses prepare for their biggest annual industry get-together this week in London they face a growing problem, what to do with their cash. Most trading houses, which are privately owned and controlled by their employees, disclose little about their cash position, equity or dividends. But according to more …

Top Global Energy Traders Face Multi-Billion Cash Investment Quandary as Poor Returns in Solar, Wind and Hydrogen Irk Investors Read More »

Dominion to Sell Wind Project Stake to Stonepeak for $3 Billion

Latest, Renewable Energy, US News, Wind / By

Dominion said it would sell stake as part of strategic review Offshore wind developers have faced setbacks due to inflation Photographer: Minh Connors/Bloomberg Gift this article In this Article DOMINION ENERGY 45.60USD –1.49% Have a confidential tip for our reporters? Get in Touch Before it’s here, it’s on the Bloomberg Terminal  LEARN MORE By Josh Saul February 22, 2024 …

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