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(Reuters) – The Biden administration on Monday issued an offshore wind lease to the state of Maine for a small project that will demonstrate floating turbine technology off the U.S. East Coast. WHY IT’S IMPORTANT U.S. President Joe Biden has championed offshore wind as a key pillar of his climate change agenda. His Interior Department …
U.S. Issues Floating Wind Research Lease to State of Maine Read More »
Summary Q2 EBITDA up 59%, beats expectations Books impairments of U.S. project delay Keeps full-year profit forecast, says will lower investments Shares down nearly 8% COPENHAGEN, Aug 15 (Reuters) – Renewable energy group Orsted booked 3.9 billion Danish crowns ($575 million) in impairment losses in the second quarter, due partly to a delay in construction …
Orsted Books New Impairment Losses, Flags Delay at U.S. Offshore Wind Project Read More »
After Vineyard Wind’s broken blade polluted Nantucket beaches, some locals feel the wealthy Massachusetts island has become a casualty in the war against climate change. By Cam Baker and Josh Saul August 13, 2024 at 3:00 AM MDT Save Weeks after a busted wind turbine washed onto Nantucket shores, residents of this wealthy Massachusetts enclave are still angry. Some …
Shattered Wind Blade Puts Nantucket on Frontlines of a Clean-Energy Fight Read More »
Qcells plans largest US facility for silicon ingots and wafers Company has been pulling out of China due to US solar tariffs The Biden administration is offering Qcells as much as $1.45 billion in conditional financing to construct the biggest US plant producing silicon ingots and wafers, the building blocks of solar panels. The conditional …
Biden Offers $1.45 Billion in Financing for Georgia Solar Plant Read More »
(Reuters) – A bipartisan group of U.S. lawmakers on Wednesday introduced a bill that would block Chinese solar panel makers from claiming subsidies for their American factories. WHY IT MATTERS The American Tax Dollars for American Solar Manufacturing Act was introduced as some of the world’s largest solar panel producers, which are based in China, are …
U.S. Lawmakers Seek to Block Chinese Firms From Solar Manufacturing Subsidy Read More »
(Reuters) – European companies focused on clean energy are abandoning expansion plans, bracing for lower sales or see funding of U.S projects in doubt because of fears over what a potential election victory for Donald Trump could mean for their sector. Trump has dismissed President Joe Biden’s policies to fight climate change as a “green new scam” …
Trump Effect in Clean Tech Sector Deepens Angst in Europe’s Boardrooms Read More »
By Reuters The U.S. Bureau of Ocean Energy Management said on Friday it is seeking competitive bids for offshore wind leases off the coast of Texas after renewable energy developer Hecate Energy Gulf Wind LLC made an unsolicited bid. The administration of President Joe Biden sees offshore wind power as a vital part of a broader …
U.S. Seeks Bids for Offshore Wind Acreage Off Texas After Hecate Expresses Interest Read More »
Power producers in the United States are becoming increasingly reliant on natural gas for generation, even as the country builds out renewable energy capacity at a record pace. Renewable energy sources have been grabbing a steadily growing share of the power mix for years, which has allowed power firms to cut coal-fired power and reduce …
Natural Gas Shows Its Staying Power as U.S. Wind Output Slumps: Maguire Read More »
(Reuters) – California and Texas are the two largest producers of electricity from renewable power, and dominate most discussions about renewable energy generation in the United States. But several other states have developed far larger shares of renewable capacity within their utility-scale generation systems, and so draw a greater proportion of clean power in state …
The Top U.S. States for Renewable Power Generation Capacity Read More »
(Reuters) The amount of electricity produced by wind farms in the U.S. fell to a 33-month low on Monday, forcing power generators to crank up natural-gas fired plants to keep air conditioners humming during a hot summer day. Over the past few years, much of the money energy firms have invested in new generation has …
US Wind Power Falls to 33-Month Low, Generators Burn More Natgas Read More »
