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

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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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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

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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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A Wind Power Crisis Is Holding Back the World’s Green Energy Goal

CDN and International News, Latest, Renewable Energy, Solar, Wind / By

While solar deployment is accelerating, bottlenecks in the wind industry are jeopardizing the chance to meet a global target to triple renewable capacity by 2030.  The world’s green power goal has a wind problem. At the COP28 climate talks in Dubai last year, leaders from more than 130 nations agreed to triple renewable power capacity by the end of the …

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India Needs to Explore Incentives to Improve Renewables Transmission Capacity, Power Secretary Says

CDN and International News, Latest, Renewable Energy, Solar, Wind / By

(Reuters) – India needs to explore the need for a production-linked incentive (PLI) scheme to improve its renewable energy transmission capacity, power secretary Pankaj Agarwal said at an event on Monday. “We need to think about how we should localize supply chain for transmission equipment,” Agarwal said, adding that 1,650 gigawatts (GW) of global renewable …

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Countries’ Renewable Energy Plans Fall Short of Target, Says IRENA

Hydro, Latest, Renewable Energy, Solar, US News, Wind / By

(Reuters) – Governments’ targets and plans to speed up the use of renewable energy are set to deliver only half of the growth needed to reach a U.N. climate goal to triple capacity by 2030, a report by the International Renewable Energy Agency (IRENA) showed. WHY IT’S IMPORTANT The renewable energy goal set at the COP28 …

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Renewable Energy to Fall Short of UN Goal to Triple by 2030, IEA Says

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Summary Renewables should meet nearly half of world’s electricity demand Growth not enough to meet triple capacity target set at COP28 Increase driven as renewables often cheapest option But millions of kilometres of grid upgrades needed (Reuters) – Renewable energy sources are set to meet nearly half of all electricity demand by the end of …

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Brookfield Seeks US$1 Billion Green-Power Deals

Hydro, Latest, Renewable Energy, Solar, US News, Wind / By

The asset manager has raised US$10 billion for a fund dedicated to investing in the energy transition Bloomberg News The asset manager said earlier this year that it raised US$10 billion for a fund dedicated to investing in the energy transition as well as US$2.4 billion for a similar fund focused on emerging markets. It’s …

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Japan to Keep Nuclear, Boost Renewables in its Energy Mix, New Industry Minister Says

CDN and International News, Conventional Energy, Latest, Nuclear, Renewable Energy, Solar, Wind / By

Summary New PM Ishiba waters down tone against nuclear power in Japan Japan to continue with nuclear power plant restarts, new METI minister Muto says Japan to use renewable energy to its maximum, METI minister says (Reuters) – Japan plans to continue safely restarting nuclear power plants and will use as much renewable energy as …

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