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U.S. Solar Projects Could Boom Amid Deadline to Use Up Tax-Exempt Panel Glut

Latest, Renewable Energy, Solar, US News / By

(Reuters) – A two-year U.S. tariff holiday on solar panels from Southeast Asia expires on Thursday, starting the clock ticking for American project developers to use the huge amount of equipment they stockpiled duty-free over that period by the end of this year. The dynamic could result in a mini-boom in already red-hot U.S. solar installations, …

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IEA Expects Global Clean Energy Investment to Hit $2 trillion in 2024

Conventional Energy, Latest, Nuclear, Renewable Energy, Solar, US News, Wind / By

LONDON, June 6 (Reuters) – Global investment in clean energy technology and infrastructure is set to hit $2 trillion this year, twice the amount going into fossil fuels, an International Energy Agency report showed. Total energy investment is expected to exceed $3 trillion for the first time in 2024, the IEA said in its annual …

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The Cart Before the Horse: Countries’ Plans Not Yet Aligned With Tripling Renewables Capacity Goal

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

(Reuters) – Countries’ climate plans are not yet in line with a goal to triple renewable energy capacity worldwide by 2030 which was set at the COP28 climate summit in Dubai last year, a report by the International Energy Agency (IEA) said on Tuesday. WHY IT’S IMPORTANT The target would involve increasing installed renewable energy …

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Biden Administration Expands Tax Credits Beyond Wind, Solar

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

(Reuters) – The Biden administration on Wednesday proposed expanding tax credits that have for years boosted U.S. solar and wind energy projects to cover a wider range of clean energy technologies including nuclear fission and fusion. The Treasury Department announced its guidance for Clean Electricity Production Credits and Clean Electricity Investment Credits, created under the …

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France Less Attractive for Renewable Investment than Other Countries, TotalEnergies Says

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

PARIS, May 23 – Sluggish project approvals and the fact that wind power is sold to the government, rather than directly to customers, make France less attractive than some other countries for renewable investments, according to the director of TotalEnergies France. Isabelle Patrier was speaking ahead of TotalEnergies’ inauguration on Friday of a 63-megawatt wind …

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Wind Turbine Makers Halt Race for Size to Focus on Cost, Delivery

Latest, Renewable Energy, Solar, Tri-Pinned, US News, Wind / By

  Summary After rapid increases in offshore wind turbine capacities, western suppliers are doubling down on existing models to drive supply chain efficiencies and reduce risks. Another stumble for offshore wind in New York has highlighted shifting sentiment in the offshore wind turbine market. Last month, New York State Energy Research and Development Authority (NYSERDA) …

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White House Moves to Protect U.S. Solar Manufacturers from Chinese Competition

Latest, Renewable Energy, Solar, US News / By

(Reuters) – The White House on Thursday said it would protect domestic solar factories from Chinese competition by scrapping a tariff exemption for imported double-sided panels and making it easier for projects to claim a subsidy for using American-made products. The moves come as President Joe Biden touts his economic policies ahead of a November …

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A Second Trump Presidency Would Target IEA’s Green Focus, Advisers Say

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(Reuters) – Donald Trump would likely push to replace the head of the International Energy Agency if he wins the U.S. presidential election to shift the energy watchdog’s focus back to maximizing fossil fuel output instead of fighting climate change, according to people familiar with the matter. The Paris-based IEA has provided research and data …

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Renewable Fuels Take Bite Out of U.S. Diesel Consumption – John Kemp

Diesel Fuel, Energy Topics & Technology, Latest, Renewable Energy, Solar, US News, Wind / By

(Reuters) – Biodiesel and other renewable diesel fuel oils are displacing a small but growing volume of petroleum-derived distillate fuel oil in the United States, especially in California and other parts of the West Coast. The result of this policy-driven change is that manufacturing and freight activity is correlated with total petroleum and renewable fuel …

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COMMENTARY: Overcoming Bottlenecks is a Prerequisite to Achieving the Energy Transition – Yogi Schulz

Batteries, Critical Minerals, Electric Vehicles, Energy Commentary, Energy Storage, Energy Topics & Technology, Environment, Geothermal, Hydro, Latest, Minerals, Net Zero, Renewable Energy, Solar, US News, Wind / By

Overcoming multiple bottlenecks will be essential for scaling up key technologies required to reduce GHG emissions and address the adverse consequences of climate change. The technologies that must be scaled up and reduced in cost are: Geothermal, nuclear, solar and wind electricity generation. Batteries and hydro storage to increase the effective production of intermittent electricity …

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