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(Reuters) – Jobs in the U.S. clean energy industry in 2023 grew at more than double the rate of the country’s overall jobs, and unionization in clean energy surpassed for the first time the rate in the wider energy industry, the Energy Department said on Wednesday. Employment in clean energy businesses – including wind, solar, …
U.S. Clean Energy Jobs Growth Rate Double That of Overall Jobs, Report Says Read More »
(Reuters) – Shares in Swiss solar panel maker Meyer Burger plunged more than 50% on Monday after the company halted plans for a plant in Colorado, further delayed its financial results and said it was drawing up a restructuring plan. Meyer Burger had earlier this month already postponed publication of its 2024 half-year results until Sept. …
(Reuters) – A California residential solar subsidy will cost ratepayers who do not have rooftop panels about $8.5 billion annually by the end of this year, contributing to higher electricity rates for consumers, according to an analysis published on Thursday by the top U.S. solar state’s ratepayer advocate. WHY IT MATTERS California’s Public Utilities Commission …
California Rooftop Solar Subsidy to Cost $8.5 Billion a Year, Says Ratepayer Advocate Read More »
Today, reporter Will Mathis examines the ongoing troubles facing the wind power industry. Just when things were starting to look up for wind power, new troubles are pulling it back down. In recent years, soaring inflation, supply-chain chaos and rapidly rising interest rates shocked turbine manufacturers and their customers, upending a business model that depended on cheap …
The Wind Power Industry Isn’t Over Its Gloom Loop Yet Read More »
By Stine Jacobsen COPENHAGEN, Aug 21 (Reuters) – Denmark will delay by at least three more years construction of a planned North Sea energy island to supply renewable power to three million European households, a government minister said on Wednesday, citing rising costs and high interest rates. The projected investment exceeds 200 billion Danish crowns …
Denmark’s North Sea Energy Island Delayed Again by High Costs Read More »
By John Kemp (Reuters) – China’s electricity consumption smashed the previous record in July as a prolonged heatwave settled over major load centres, especially in the Yangtze Delta, driving an enormous increase in air-conditioning and refrigeration. Unprecedented load was met by record output from hydro and solar, ensuring coal-fired generation fell slightly compared with the same …
China’s Record Hydro and Solar Cut Coal Power During Heatwave Read More »
(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 »
