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By Neil Ford Industry Insight from Reuters Events, a part of Thomson Reuters. Summary A dependence on components from Asia, import tariff uncertainty and demand concerns have curbed plans for American solar factories. U.S. module factory capacity rose 11 GW in Q1 2024 as tax credits in the 2022 Inflation Reduction Act bore fruit, data …
U.S. Solar Factory Outlook Hit by Supply, Demand Headwinds Read More »
Summary Europe has painful memories of Chinese solar panels German government said it was monitoring Mingyang deal RWE visited Mingyang production in China China exploring production in Europe (Reuters) – Chinese wind turbine-makers this month clinched their first order in Germany, as they build momentum in the European market and add to concern in the …
Chinese Wind Turbine-Makers Move into Europe as Trade Tensions Flare Read More »
July 17 (Reuters) – New York Governor Kathy Hochul announced the start of construction on Sunrise Wind, a 924-megawatt offshore wind project developed by Oersted (ORSTED.CO), the New York State Energy Research and Development Authority (NYSERDA) said on Wednesday. The project will provide enough clean energy to power about 600,000 New York homes once completed …
NY Governor Announces Start of Construction on Sunrise Wind Project Read More »
July 17 (Reuters) – Construction of U.S. solar-manufacturing plants by Chinese companies is surging, putting China in position to dominate the nascent industry, as other American factories struggle to compete despite federal subsidies. Chinese companies will have at least 20 gigawatts’ worth of annual solar panel production capacity on U.S. soil within the next year, …
Many US Solar Factories are Lagging. Except Those China Owns Read More »
July 17 (Reuters) – A group of U.S. solar manufacturers is calling on the Biden administration to toughen rules governing a tax credit for solar project developers that use domestically produced components, saying they can get the credit without using American solar panels. WHY IT’S IMPORTANT The Biden administration has sought to expand investment in …
US Solar Panel Makers Seek Tougher ‘Made in USA’ Rules Read More »
(Reuters) – The world risks missing a goal to triple renewable energy capacity by 2030 as the current growth rate is inadequate, a report by the International Renewable Energy Agency (IRENA) showed on Thursday. CONTEXT A U.N. climate change conference in Dubai last year set a goal of tripling renewable energy capacity worldwide by 2030 …
Renewables Growth Rate Insufficient to Reach 2030 Target, says IRENA Read More »
(Reuters) – Combined electricity generation from solar and wind farms in the United States surpassed output from nuclear plants for the first time during the opening half of 2024, cementing renewable energy assets as the primary source of clean power in the country. Electricity generation from utility-scale solar and wind assets during the first half …
U.S. Renewables Electricity Output Overtaking Nuclear Read More »
(Reuters) – Britain’s renewables industry has called on the new Labour government to increase the country’s renewable auction budget by hundreds of millions of pounds to help meet its offshore wind target and wider goal to decarbonise the power grid. Labour swept to victory in Britain’s election last week and the party has pledged to …
British Renewable Industry Pushes New Govt to Increase Auction Budget Read More »
Electrical pylons and power lines are seen in Yanqing district of Beijing, China December 17, 2021. REUTERS/Tingshu Wang/File Photo By John Kemp (Reuters) – China’s record-breaking deployment of wind and solar capacity has worsened regional power imbalances, forcing the country to idle increasing amounts of renewable generation when it overwhelms local consumption. New government regulations aim …
China’s Rapid Renewables Rollout Hits Grid Limits Read More »
Wind turbines are seen in a windfarm near Radenac in Brittany, France, October 3, 2017. REUTERS/Stephane Mahe/File Photo By Kate Abnett BRUSSELS, July 5 (Reuters) – Hundreds of gigawatts of wind energy projects are waiting for permits to connect to Europe’s power grid, a backlog that threatens to slow the shift to green energy, industry association …
Years-long wait for permits blocking European wind farms, industry says Read More »
