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President Joe Biden’s lofty 2030 goal is unlikely to be met, but the sector is finally poised for a rebound. Bloomberg Recent headlines on US offshore wind have been grim: big developments delayed or scrapped; billions of dollars in losses; jumbled supply chains; and the potential return of a professed wind-hater to the White House. But at …
America’s Troubled Offshore Wind Push May Yet Take Off Read More »
(Reuters) – The White House on Tuesday reformed the U.S. environmental review process for major projects which officials said would speed up approval of everything from transmission of power from wind and solar farms to semiconductor manufacturing. The reforms are the second and final phase of the administration of President Joe Biden’s adjustments to the …
U.S. Reforms Environmental Law to Speed up Clean Energy, Infrastructure Approval Read More »
By John Kemp (Reuters) – China’s economy has become much less energy intensive over the last 40 years as its industries have modernised and the economy has shifted towards more service sector output. But energy intensity has flatlined for the last five years making it much harder to displace coal by renewables and meet the government’s …
China’s Transition Hampered by Flat-Lining Energy Intensity Read More »
Dave Duttlinger stands next to land he leased to Dunns Bridge Solar LLC, Wheatfield, Indiana. April 5, 2024. REUTERS/Jim Vondruska (Reuters) – Dave Duttlinger’s first thought when he saw a dense band of yellowish-brown dust smearing the sky above his Indiana farm was: I warned them this would happen. About 445 acres of his fields …
As Solar Capacity Grows, Some of America’s Most Productive Farmland is at Risk Read More »
Energy executives warn that it will be a long and costly journey, while activists and analysts say there are significant rewards and little time to waste. The nations of the Gulf know that the world’s shift to cleaner energy could change everything: Their economies today depend on demand for oil and gas, and their efforts …
(Reuters) – Some of the world’s largest solar equipment makers on Wednesday asked President Joe Biden’s administration to impose tariffs on panels and cells from four Asian countries to protect billions of dollars in investments in U.S. manufacturing. Seven companies – Korea’s Hanwha Qcells, Switzerland’s Meyer Burger, Norway’s REC Silicon and U.S. companies First Solar Inc, …
U.S. Solar Panel Makers Seek Import Tariffs to Protect New Domestic Factories Read More »
European and American investors showed converse interest in sustainable funds during the first quarter, research firm Morningstar said on Thursday, with a record $8.8 billion in net withdrawals from the products in the U.S. A combination of factors likely contributed to the U.S. sustainable fund outflows during the first three months of 2024, said Morningstar. …
Record $8.8 Bln Pulled From U.S. Sustainable Funds in Q1 Read More »
A drone view shows California’s largest battery storage facility, as it nears completion on a 43-acre site in Menifee, California, U.S., March 28, 2024. REUTERS/Mike Blake The slide in battery costs will also help provide electricity to millions of people without access, cutting by nearly half the average electricity costs of mini-grids with solar PV …
Tumble in Storage Battery Costs to Boost Shift to Renewables, Says IEA Read More »
(Reuters) – President Joe Biden’s administration unveiled plans on Wednesday to hold up to a dozen auctions of offshore wind development rights through 2028, including four before the end of this year. The schedule will help companies, states and others plan for projects that require massive amounts of investment and infrastructure, the Interior Department said …
Biden’s IRA is intended to boost US jobs and create new supply chains, but it’s also upsetting global trade rules and blocking solar power. By Tobin Harshaw Tobin Harshaw is a Bloomberg Opinion senior editor and columnist on national security and military affairs. Previously, he was deputy editor at the op-ed page of the New …
