Solar

Auto Added by WPeMatico

COMMENTARY: Solar and Wind Power Are Expensive – Fraser Insitute

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 »

Green Investors Are Finding Bargains in Trump’s Big Oil Era

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 »

US Wind and Solar Still Have Room to Grow for Data Centers, Microsoft VP Says

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 »

BP’s Green Failure Offers Big Oil a Lesson in Moderation

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 »

Brookfield Makes $1.7 Billion Renewables Bet on Increasing AI, Data Power Needs

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 »

China’s Clean Energy Investments Nearing Scale of Global Fossil Investments, Researchers Find

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 …

China’s Clean Energy Investments Nearing Scale of Global Fossil Investments, Researchers Find Read More »

Trump’s Renewables Permit Flip-Flop Unsettles Sector

Developers fear the US president may seek to block solar and wind projects. Renewable-energy developers knew US President Donald Trump preferred oil and gas to solar and wind — and long opposed offshore turbines. But they were hoping he wouldn’t throw roadblocks in front of other clean-power projects. After the last week, they’re not so …

Trump’s Renewables Permit Flip-Flop Unsettles Sector Read More »

China to Roll Back Clean Power Subsidies After Boom

China’s top economic planning agency said on Sunday it was taking steps to scale back subsidies for renewable energy projects after a boom in solar and wind power installations. China broke its own records for new solar installations in 2024 with installed capacity up 45% from the previous year. China now has almost 887 GW …

China to Roll Back Clean Power Subsidies After Boom Read More »

TPG to Buy Solar Firm Altus Power for $2.2 Billion

(Reuters) – Buyout firm TPG’s climate investment arm will acquire Altus Power in an all-cash deal worth $2.2 billion, including the assumption of debt, the companies said in a statement on Thursday. The announcement, confirming a Reuters report from December that TPG Rise Climate was in talks to acquire Altus, sent shares in the company …

TPG to Buy Solar Firm Altus Power for $2.2 Billion Read More »

Trump Mulls Revoking Loans From $400 Billion Clean-Energy Office

Administration considering retooling energy loan program Loan program could be revamped to focus on different sectors The Trump administration is exploring legal options to cancel loans issued under a $400 billion program to finance clean-energy technology as it considers overhauling the initiative, according to a person familiar with the matter. The newly installed director of …

Trump Mulls Revoking Loans From $400 Billion Clean-Energy Office Read More »