Renewable Energy

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U.S. Offshore Wind Execs Fret Privately Over Possible Trump Election Win

Latest, Renewable Energy, Wind / By

(Reuters) – U.S. offshore wind developers put on a brave face at a conference this week, touting their ability to work with leaders from both political parties, although privately attendees fretted that things could get rough for them if Republican Donald Trump wins the Nov. 5 presidential election. The Republican nominee and former president has …

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Engie to Provide Meta With 260 MW of Energy From U.S. Solar Plant

Latest, Renewable Energy, Solar, US News / By

(Reuters) – Facebook owner Meta Platforms will buy all the output of Engie’s  planned U.S. Sypert solar power plant, the French utility said on Thursday, in line with attempts to use renewable sources to cover a data-led surge in demand. The plant, with an estimated output of 260 megawatts (MW), is expected to start operating in …

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Tentative Green Energy Shoots at Risk From U.S. Vote Uncertainty

Latest, Renewable Energy, Solar, Wind / By

Summary Clean energy net fund outflows exceed $11 bln this year Competition from China and fossil fuel returns Renewables valuations at near 3% discount to market MSCI Global Alternative Index down 18% this year MILAN, Oct 30 (Reuters) – Renewable energy shares, reeling from an investor retreat, face extended uncertainty as the U.S. election has added to …

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US Gulf of Maine Offshore Wind Auction Poses Test for Beleaguered Industry

Latest, Renewable Energy, US News, Wind / By

(Reuters) – President Joe Biden’s administration on Tuesday will kick off a sale of offshore wind development rights for eight areas off the coasts of northern New England, a key test of industry appetite for new investment after a year of high-profile setbacks. The auction of nearly 1 million acres (404,680 hectares) in the Gulf …

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U.S. Dispatchable Clean Power Output Hit by Hydro Slump

Hydro, Latest, Renewable Energy, US News / By

Commentary By Gavin Maguire (Reuters) – An enduring drought across much of the western United States has caused a drop in U.S. hydro power generation to a 23-year low so far in 2024, data from the U.S. Energy Information Administration (EIA) shows. The fall in hydro generation has been somewhat overshadowed by the climb in …

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Baker Hughes Awarded Contracts to Supply Petrobras with Flexible Pipe Systems, Associated Services across Several Fields

Conventional Energy, Latest, OFS-Oilfield Services, Renewable Energy / By

Company to support projects in Brazil’s pre-salt fields, reinforcing position as a leading provider of flexible pipe for deepwater and high CO2 projects Local manufacturing boost Brazilian economy, strengthen energy supply chain HOUSTON and LONDON, Oct. 28, 2024 (GLOBE NEWSWIRE) — Baker Hughes (NASDAQ: BKR), an energy technology company, announced Monday significant contracts with Petrobras to …

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Here Are 5 Industries With the Most at Stake in Presidential Election

Biomass, Conventional Energy, Geothermal, Hydro, Latest, LNG, Natural Gas, Nuclear, Oil, Renewable Energy, Solar, US News, Wind / By

Health care, energy also among businesses with most at stake Retailers would face major impact from tariff increases The US election on November 5 will be a clash of visions that reverberates through the global economy for years to come. Kamala Harris and Donald Trump in some cases have skirted how they will handle pivotal …

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Trump Hates Biden’s Climate Law But His Allies are Making Money From It

Carbon Capture, Energy Topics & Technology, Latest, Renewable Energy, Solar, US News, Wind / By

Summary Trump pledges rollback of Biden’s climate law as a top priority Trump allies, fundraisers benefit from the IRA’s key tax credits At least 7 allies, or the companies they run, hold investments in projects eligible for IRA subsidies WASHINGTON, Oct 25 (Reuters) – Donald Trump has promised to gut U.S. President Joe Biden’s climate subsidies if elected. But …

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Blackstone Invests $288 Million in Renewables Firm Pine Gate

Latest, Renewable Energy, Solar, US News / By

Preferred equity deal will support six US solar projects Blackstone closed a $7.1 billion clean energy fund last year Blackstone Inc. is investing $288 million in energy storage and solar company Pine Gate Renewables, as part of its push toward financing renewable energy. Blackstone Credit and Insurance, or BXCI, is providing the preferred equity, which will be …

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NextEra Beats Third-Quarter Profit Estimates on Renewables Strength

Artificial Inteligence, Electricity Grid, Energy Topics & Technology, Latest, Renewable Energy, US News / By

Oct 23 (Reuters) – NextEra Energy’s third-quarter profit beat Wall Street estimates on Wednesday, helped by strength in its renewables unit. Growing demand from AI-backed data centers, along with homes and businesses using more electricity for heat and transportation, has brightened forecasts for utilities this year. The S&P index tracking utilities  jumped 18.4% in the third …

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