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Researchers see negative impacts across the board, but some countries and industries are far more exposed. Solar and onshore wind should fare better. One set of US President Donald Trump’s tariffs went into effect on Saturday. The rest are due to begin Wednesday. Stock markets around the world have taken a nosedive, with some indices cratering even …
Clean Energy Already Has Big Trade Barriers. Now Comes Trump Read More »
(Reuters) – Energy firms have slowed construction of offshore wind farms in the U.S. for various reasons in recent years, including, most recently, opposition from U.S. President Donald Trump’s administration. Offshore wind was a key pillar of former President Joe Biden’s promise that fighting climate change will create jobs and invigorate the economy. In 2023 …
US Offshore Wind Farm Projects Slow as Trump Opposition Adds to Hurdles Read More »
The US has imported about 80% of modules from four Southeast Asian countries that face big new levies. Workers install solar panels on the roof of a home in San Francisco, California.Photographer: Michaela Vatcheva/Bloomberg By Josh Saul, Shoko Oda, and Jennifer A Dlouhy America’s solar industry has a strategy for dulling US tariffs: hoard. Developers …
US Solar’s Hoarding Habit Will Help Blunt Sting From Trump Tariffs Read More »
By Bjørn Lomborg Global evidence is clear: Adding more solar and wind to the energy supply pushes up the price of electricity for consumers and businesses. Families in Ontario know this already from their bitter experience: from 2005, the Ontario government began phasing out coal energy and dived headlong into subsidizing wind and solar generation. Those green …
COMMENTARY: Solar and Wind Power Are Expensive – Fraser Insitute Read More »
Renewable power assets have now become a buyers’ market Wind, solar are still key to meet rising electricity demand Private infrastructure investors are snatching up green bargains in what’s emerged as a buyer’s market for wind, solar and battery projects. The moves follow a a slump in clean-energy stocks, as US President Donald Trump’s call for …
Green Investors Are Finding Bargains in Trump’s Big Oil Era Read More »
By Laila Kearney HOUSTON, March 12 (Reuters) – U.S. wind and solar development still has significant room for expansion to power data centers, particularly in the Midwest wind corridor and sunny southwest, Microsoft Vice President of Energy Bobby Hollis told Reuters at the CERAWeek energy conference in Houston on Wednesday. The quick proliferation of Big …
US Wind and Solar Still Have Room to Grow for Data Centers, Microsoft VP Says Read More »
Summary Share price underperformed peers Revenues from renewables sector complicated by costs and technical problems Elliott Management stake increased the pressure for strategy change Renewable energy set to grow faster than fossil fuels (Reuters) – BP has returned to its oil and gas roots in a spectacular about-turn following its trailblazing attempt five years ago …
BP’s Green Failure Offers Big Oil a Lesson in Moderation Read More »
(Reuters) – German wind turbine maker Nordex expects continued growth in its U.S. market despite changes to the renewables landscape in the short term, its CEO said after better than expected core earnings. U.S. President Donald Trump suspended offshore leasing for wind power on his first day in office in January, hitting share prices of …
Wind Turbine Maker Nordex Upbeat on Long-Term US Prospects Read More »
Announces deal to buy National Grid’s U.S. onshore renewables business including solar parks and onshore wind farms By Rachel Morison and William Mathis Brookfield Asset Management Ltd. agreed to spend US$1.7 billion in a deal to expand its U.S. onshore renewables business as the company bets there will be increasing demand for electricity from data …
Brookfield Makes $1.7 Billion Renewables Bet on Increasing AI, Data Power Needs Read More »
BEIJING, Feb 19 (Reuters) – China invested 6.8 trillion yuan ($940 billion) in clean energy in 2024, approaching the $1.12 trillion in global investment in fossil fuels, according to a new analysis for U.K.-based research organisation Carbon Brief. That was despite growth in China’s clean energy investments slowing to 7% from 40% in 2023 amid …
