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Microsoft, Brookfield to Partner on Renewable Energy Projects

By Reuters May 1, 2024 May 1 (Reuters) – Canada’s Brookfield Asset Management and technology giant Microsoft will develop new wind and solar farms in an attempt to bring over 10.5 gigawatts of new renewable energy capacity, the companies said on Wednesday. The agreement provides a pathway for Brookfield to deliver the new renewable energy capacity between …

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U.S. Reforms Environmental Law to Speed up Clean Energy, Infrastructure Approval

(Reuters) – The White House on Tuesday reformed the U.S. environmental review process for major projects which officials said would speed up approval of everything from transmission of power from wind and solar farms to semiconductor manufacturing. The reforms are the second and final phase of the administration of President Joe Biden’s adjustments to the …

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China’s Transition Hampered by Flat-Lining Energy Intensity

By John Kemp (Reuters) – China’s economy has become much less energy intensive over the last 40 years as its industries have modernised and the economy has shifted towards more service sector output. But energy intensity has flatlined for the last five years making it much harder to displace coal by renewables and meet the government’s …

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As Solar Capacity Grows, Some of America’s Most Productive Farmland is at Risk

Dave Duttlinger stands next to land he leased to Dunns Bridge Solar LLC, Wheatfield, Indiana. April 5, 2024. REUTERS/Jim Vondruska (Reuters) – Dave Duttlinger’s first thought when he saw a dense band of yellowish-brown dust smearing the sky above his Indiana farm was: I warned them this would happen. About 445 acres of his fields …

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Surveying the World’s Path From Fossil Fuels to Clean Energy – Energy Executives and Activists Weigh In

Energy executives warn that it will be a long and costly journey, while activists and analysts say there are significant rewards and little time to waste.  The nations of the Gulf know that the world’s shift to cleaner energy could change everything: Their economies today depend on demand for oil and gas, and their efforts …

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U.S. Solar Panel Makers Seek Import Tariffs to Protect New Domestic Factories

(Reuters) – Some of the world’s largest solar equipment makers on Wednesday asked President Joe Biden’s administration to impose tariffs on panels and cells from four Asian countries to protect billions of dollars in investments in U.S. manufacturing. Seven companies – Korea’s Hanwha Qcells, Switzerland’s Meyer Burger, Norway’s REC Silicon and U.S. companies First Solar Inc, …

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Record $8.8 Bln Pulled From U.S. Sustainable Funds in Q1

European and American investors showed converse interest in sustainable funds during the first quarter, research firm Morningstar said on Thursday, with a record $8.8 billion in net withdrawals from the products in the U.S. A combination of factors likely contributed to the U.S. sustainable fund outflows during the first three months of 2024, said Morningstar. …

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Tumble in Storage Battery Costs to Boost Shift to Renewables, Says IEA

A drone view shows California’s largest battery storage facility, as it nears completion on a 43-acre site in Menifee, California, U.S., March 28, 2024. REUTERS/Mike Blake The slide in battery costs will also help provide electricity to millions of people without access, cutting by nearly half the average electricity costs of mini-grids with solar PV …

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Losing Hope of Rescue, Some European Solar Firms Head to U.S.

(Reuters) – European governments due to move to support their solar power manufacturers this week will be too late to stop solar panel maker Meyer Burger packing up a German factory to send production to the United States. The plant in Freiberg in eastern Germany closed in mid-March with the loss of 500 jobs, as …

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